The Total Money Makeover by Dave Ramsey...

Dave Ramsey is good common sense stuff. I've been running on cash flow for many years. I haven't cut up my credit cards, I keep those accounts open. It is helpful when getting a mortgage. Also, or a small business owner, I have to personally guarantee any credit purchases such as processing equipment, delivery trucks etc. The determining factor for obtaining credit for capital improvements for my business is my personal credit score.

Dave Ramsey is basically all about creating Free Cash Flow, and operating within your cash flow instead of borrowing. Just like it is good for a publicly traded corp to have no debt and a high free cash flow, it is very good for us personally to have no debt and a high free cash flow.

The only disagreement I have with Ramsey is that he says ALL debt is bad debt. I have no problem with taking on business debt for something that will add a positive cash flow.

So he's basically all about dumping your debt?

Keep us posted (with details!) on how it goes rowdy.

are you talking about that asshole on TV?
Sorry im bad with some names.

John Cummuta (sp?) is also good--called "Cascading Debt Cure" or something similar.
My boss swears by him, bought the course. I just frugally read the book from the library. Very down to earth, common sense, simple-living sort of money management advice.

18 months is a flash; It'll be over before you know it. It's nice to do something willingly, too rather than waiting until the wolves are at the door.

you're referring to Howie Mandel? sorry, couldn't resist.

HLN (Headline News) has a new guy touting a similar philosophy to Dave Ramsey named Clark Howard.

http://www.cnn.com/CNN/Programs/clark.howard/index.html

I wonder if you're thinking of Glenn Beck...

I must be doing something right... (and this is on my limited student budget/income too)

You probably mean Gordon Ramsay from the cooking shows? lol

I think he's great.

Rowdy, if you have your wife on board with the program you should sail through and in 18 months your life will change drastically for the better.

I did Dave Ramsey's FPU a couple years ago and it is great. It should be taught in high school. He does have a tv show on fox business and a national radio show too for those of you who are not familiar with him

He has a face for radio. They added Fox Business to my cable package recently so I watched Dave Ramsey a couple of times, just him with his big old bald head and goatee and a microphone--at least get some eye candy for us to look at.

I read 3 of his books and used to listen to him on radio. After a while you realize that he is saying the same thing over and over. Not a dig at him, I think he provides a valuable service to people. You can only go so far with him, though--there's no advanced course. He works his niche that he is comfortable with and doesn't stray. It is good to hear/read the same info over and over until it is ingrained.

Yeah its the same thing over and over and its mostly common sense (dont spend what you dont have) but America would not be in the situation its in if everybody would live by his motto

Totally agree with you