Total Money Makeover FB group

[Eagle]

If anyone is interested this Facebook group will be starting going through the book and discussing chapter by chapter "Total Money Makeover" by Dave Ramsey on Jan 18th, 2015. Total Money Makeover

If not allowed please delete.

[A-Aron1]

I've gone through his course a couple times. Huge fan!!!

[Eagle]

I've gone through his course a couple times. Huge fan!!!

You are welcome to join! We have nearly 3000 members now. We're also on Chapter 11 now. Probably will do this again in the Fall of this year. Taking a break during the Summer.

[Eagle]

It really hurts,
to see my reply here is already gone.

But I will still ask the question, what is this total money makeover group about?

We are going through the book "Total Money Makeover" by Dave Ramsey.

We really go through the book and discuss the 7 baby steps:

Baby Step 1. Save $1000 in Baby Emergency Fund. (EF) NOTE: If you make less than $20,000 a year your emergency fund should only be $500.

Baby Step 2. Do debt snowball, paying all your debts from lowest BALANCE to highest.

Baby Step 3. Save 3-6 months EXPENSES in EF. (Fully Funded Emergency Fund or FFEF)

Baby Step 4. Start contributing 15% of your paycheck to retirement.

Baby Step 5. Save for kids college fund.

Baby Step 6. Pay off the house early.

Baby Step 7. Live like no one else since you have lived like no one else! Give, Build Wealth, and Have Fun!


From Dave's website here's a product description.

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Myth: Debt is a tool and should be used to help create prosperity.
Truth: Debt isn't used by wealthy people nearly as much as we are led to believe.

Debt is dumb. Most normal people are just plain broke because they are in debt up to their eyeballs with no hope of help. If you're in debt, then you're a slave because you do not have the freedom to use your money to help change your family tree.

According to a USA Today article about debt, 78% of Baby Boomers have mortgage debt, 59% have credit card debt, and 56% have car payments. It takes a lot of will, discipline, courage and help to slay the debt monster. But it can be done. How much you could put toward retirement if you just didn't have a stinking car payment? This is how the wealthy really build their wealth. Debt is dumb. Welcome to the real world!

Dave condenses his 20 years of financial teaching and counseling into 7 organized, easy-to-follow steps that will lead you out of debt and into a Total Money Makeover. Plus, you'll read over 50 real-life stories from people just like you who have followed these principles and are now winning with their money. It is a plan designed for everyone, regardless of income or age.


With The Total Money Makeover, you'll be able to:
•Design a sure-fire plan for paying off ALL debt.
•Recognize the 10 most dangerous money myths.
•Secure a big, fat nest egg for emergencies and retirement.
•Positively change your life and your family tree!

[moneymaker100]

Sounds like lots of fan.