Comments on: The Total Money Makeover: Buy or Don’t Buy? http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 23:44:30 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Michelle http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/comment-page-1/#comment-15668 Michelle Thu, 05 Apr 2007 04:32:22 +0000 http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/#comment-15668 I would like to comment that even being a "nonreligious" couple, we were able to to just skim over any religious aspects of Dave's plan. We are intending on "giving" to different charities of our choice rather than to a church. I think that although Dave is very much into giving to the church of your choice, he is also very good at not "cramming" religion down your throat. AND that was a good choice on his part. I know most of my family has read this book and most of us are not religious and have enjoyed it and have gained great financial knowledge. Even though the plan may seem "so simple" to some financial gurus, your average person need simplicity in their lives. This is the perfect plan for us simpletons. Thanks Dave Michelle I would like to comment that even being a “nonreligious” couple, we were able to to just skim over any religious aspects of Dave’s plan. We are intending on “giving” to different charities of our choice rather than to a church. I think that although Dave is very much into giving to the church of your choice, he is also very good at not “cramming” religion down your throat. AND that was a good choice on his part. I know most of my family has read this book and most of us are not religious and have enjoyed it and have gained great financial knowledge.

Even though the plan may seem “so simple” to some financial gurus, your average person need simplicity in their lives. This is the perfect plan for us simpletons.

Thanks Dave

Michelle

]]> By: mary http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/comment-page-1/#comment-9822 mary Fri, 09 Mar 2007 09:50:42 +0000 http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/#comment-9822 I passed this book several times thinking it was too simplistic (my background is engineering and I'm a number crunching FREAK!) My husband bought it accidentally so I couldn't pass a fun, quick read. We had paid off all our consumer debt a few years and used credit cards paying the balances off each month. We weren't making any progress towards our financial goals. Dave Ramsey says do not use credit cards PERIOD! At this stage of my life, I can see why. You overspend - I even put a post it note on each card so I could track my spending and it just doesn't work for us. I also saw the envelope system as all or nothing. I wrote software for our family that allocates our income into electronic "envelopes" and we base our spending on how much money is in a particular category instead of the bottom line number in our checking account. This works well except for abouut 3 categories that probably most struggle with: food, miscellaneous and my personal allowance. TMM taught me that any problem category should be on a cash envelope system. Again this has been a fabulous solution for our family finances. Dave Ramsey rules! He understands the problems that average families face and has tools to solve those problems that are easy to implement and that work very well. I passed this book several times thinking it was too simplistic (my background is engineering and I’m a number crunching FREAK!)

My husband bought it accidentally so I couldn’t pass a fun, quick read. We had paid off all our consumer debt a few years and used credit cards paying the balances off each month. We weren’t making any progress towards our financial goals. Dave Ramsey says do not use credit cards PERIOD! At this stage of my life, I can see why. You overspend – I even put a post it note on each card so I could track my spending and it just doesn’t work for us.

I also saw the envelope system as all or nothing. I wrote software for our family that allocates our income into electronic “envelopes” and we base our spending on how much money is in a particular category instead of the bottom line number in our checking account. This works well except for abouut 3 categories that probably most struggle with: food, miscellaneous and my personal allowance.

TMM taught me that any problem category should be on a cash envelope system. Again this has been a fabulous solution for our family finances.

Dave Ramsey rules! He understands the problems that average families face and has tools to solve those problems that are easy to implement and that work very well.

]]> By: J.D. @ Get Rich Slowly http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/comment-page-1/#comment-787 J.D. @ Get Rich Slowly Fri, 08 Dec 2006 17:34:14 +0000 http://www.thesimpledollar.com/2006/12/08/the-total-money-makeover-buy-or-dont-buy/#comment-787 I only meet two of your criteria (or maybe one-and-a-half), yet I think this books is invaluable to anyone in debt and seeking a way out. I loved it. It was key in setting me on the right path. Of course, I did borrow it from a friend, and only purchases it later when I found I was referring it all the time for articles... :) I only meet two of your criteria (or maybe one-and-a-half), yet I think this books is invaluable to anyone in debt and seeking a way out. I loved it. It was key in setting me on the right path. Of course, I did borrow it from a friend, and only purchases it later when I found I was referring it all the time for articles… :)

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