I love Dave Ramsey! I would shout from the rooftops about his program if people wouldn’t think I was crazy.
A friend of mine introduced me to his book “Total Money Makeover” almost three years ago. We were having a conversation about bills or money or something finance-related and she mentioned she and her husband have been following his program and loved it. I had always been the one in our marriage who couldn’t understand not having bills or car payments or a mortgage. It took me reading this book to really understand the concept. I’m sure my husband was annoyed, since he had been trying to tell me this for ages, but this is what it took.
My best friend sent me this post from a wonderful blogger, Simple Mom. I could not have summed it up better myself, so I won’t even try. We have been following this program since February of 2007 and have paid off over $35,000 in debt. I never felt like we had much debt, or at least anything to worry about. After putting it all down on paper, per Baby Step 2, I couldn’t believe that our dinky little credit card bills and student loans added up to over $35,000! What?
We follow Dave’s plan pretty closely, with a few changes here and there to suit our family’s needs. We do a yearly budget. My husband gets paid once a week, so this has seemed to work for us. The work is done in the beginning of the year, unless we need to make some minor tweaks. We have changed and fiddled with the budget quite a few times since we started, I don’t think anyone could get it right the first time. Again, we did what works for us!
We pay cash for everything, when the money is gone, it’s gone until the next month. If we consistently need more money in a certain fund (for legitimate reasons), we make a small change. It’s been a tough road and I know both my husband and I wish we had more expendable income, but not at the expense of our family’s welfare. We like the feeling of financial security a lot more than the short-lived joy we would receive from going out to the movies every week. We still have fun, just frugally. It’s my passion to find fun and interesting things we can do as a family at little to no cost.
I know this program is not for everyone, but if you have a spare minute, check out the fine points. Dave doesn’t work miracles, this isn’t a “get rich quick” scheme, it’s hard work. It’s nothing you probably don’t already know, it’s just spelled out so simply that it’s hard to ignore. If you follow it, it will work for you. There is no possible way that it can’t!
There is so much available information out there about Dave Ramsey. You can attend Financial Peace University, you can subscribe online. The only money my husband and I shelled out was to buy The Total Money Makeover: A Proven Plan for Financial Fitness and this is all we needed. Around $15 for the book and a life-changing experience, well worth it! Borrow it if you’re not sure..
Thanks for reading my online equivalent of rooftop shouting!
A few more resources:
- Financial Peace University (Yes, you can actually attend this or attend it online. My husband and I have never done it, but have heard amazing things!)