After hearing two friends talk about Dave Ramsey (one about Financial Peace University, the other about the radio show) I decided to check out some of Dave Ramsey’s work. That is, from the library. I started with The Total Money Makeover Workbook on Thursday and then moved on to The Total Money Makeover this weekend. I think that both books are valuable resources. If you only want to read one of those two, the workbook is the one to get.
It’s almost literally a condensed form of the book, minus a lot of the personal success stories and a variety of quizzes and worksheets. I’m not sure I agree with some of what he says — such as paying debts off in order from smallest to largest regardless of interest rate (because I couldn’t bear to pay a lower interest rate debt off before a higher interest rate one if they happened to fall that way) — but I can see why he says it and it’s probably a good idea for a lot of people. I have the feeling Dave Ramsey is pretty charismatic, because the ideas in his book are pretty straightforward, and I can’t see all the excitement based just on books. Still, straightforward is great, especially if it helps people get out of debt.