
Money Master the Game: 7 Simple Steps to Financial Freedomīased on extensive research and one-on-one interviews with more than 50 of the most legendary financial experts in the world - from Carl Icahn, to Warren Buffett, to Jack Bogle and Steve Forbes. By now, you ve heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. There s one sure way to whip your finances into shape, and that s with The Total Money Makeover: Classic Edition. Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. (Sept.)įorecast: Nelson plans an aggressive-and unusual-campaign: a financial makeover contest, promoted through Ramsey's 31-city author tour and broadcasts the winner will receive $55,000.The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitnessīuild up your money muscles with America s favourite finance coach. He provides the brutally direct truth about the hard work it takes to become free of debt, and his directness is a great part of the book's charm. The key is what Ramsay calls "Gazelle intensity," which is to live a financial life the way a gazelle saves itself from an attacking cheetah-"outmaneuver the enemy and run for your life." While Ramsay provides some helpful charts and graphs so readers can keep track of their efforts to follow his steps, the strength of this book is that it is a straightforward motivational tool. Ramsay understands the difficulty in putting these steps into action, and therefore packs his book with personal testimonials from everyday people who have used his system and have become debt free, with obvious struggles. His main commandment is "Pay cash." He first exhorts the reader to take "baby steps," which are designed to build on each other: first, save $1,000 as an emergency fund then, pay off all debts from smallest to largest save a larger three-to-six-month emergency fund finally, start to save for college and pay off your home mortgage. The bedrock of his system is simple: work hard, pay what you owe and stay out of debt. Radio talk-show host and bestselling author Ramsay ( Financial Peace) is less a financial analyst and more of a preacher, which explains both his popularity and the appeal of this book, which jsut might gain a wide audience.
