The Total Money Makeover

The Total Money Makeover: A Proven Plan for Financial Fitness is a must read. I have read this book and taken the Financial Peace University Course. The course is a thirteen week video presentation on various topics such as budgeting, saving, investing, insurance, bankruptcy and debt reduction. The book and the videos are informative and fun at the same time.

Using the principles in the book I have eliminated over $20,000 in debt. Eliminating debt is not the real goal but a means to an end. The real goal is to take the money going to debt (once eliminated), and save and invest it instead.

The bigger picture is that as I eliminated my debt I also became much better at telling my money where to go. (Also known as allocation). This is a valuable skill no matter how the economy is doing.

The only problem in reading this book and taking the course is that I wish that I had done it years ago. Regardless, of where your money journey begins please add this book to your reading list. For more information visit his website at http://www.daveramsey.com/