As in, making sure every dollar you make will be accounted for in the budget. “A budget is just telling your money where to go, instead of wondering where it went”ĭave believes in a “zero-based budget”. This helps the reader to be able to relate personally to the examples he gives, and better understand how to approach money issues and conversations with their spouse.
He categorizes spouses into groups called Nerds and Free Spirits.
Those are detailed below! A brief explanation is given to help the reader to better understand the need for saving money and the significance of compound interest.Ī whole chapter is dedicated to understanding men’s and women’s differences with money, and how to teach your kids about it. The Complete Guide to Money begins with an explanation of Dave’s background, and immediately dives into his famous “Baby Steps” for money management. After reading this, and Total Money Makeover, I believe this is both great when read along with his course, but also is a stand alone book!
The Complete Guide to Money is a companion with Dave’s Financial Peace course. It is written in easy to understand language and is perfect for both men and women!ĭon’t miss out on my honest, in-depth review of Dave Ramsey’s advice! In short, The Complete Guide to Money is a great book to read for anyone new to personal finance or someone who wants to become financially free. Īfter attending finance classes and starting to teaching others how to manage personal finance, Dave discovered a method of budgeting, saving, and investing that worked for every student, man or woman, and in any financial situation.ĭave leads a podcast to help listeners with their specific money issues, gives seminars, and continues to guide hundreds of thousands of Americans to become financially free! When Dave was in his twenties, he built a large real estate portfolio, but after an unfortunate circumstance with a bank loan, he ended up losing everything. In this book, he begins by telling a summarized version of how that happened. Dave Ramsey’s Complete Guide to Money Reviewĭave Ramsey began teaching about personal finance after having to file for bankruptcy decades ago and learning to build his life back from the bottom up.
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