My husband and I want to sign up with Dave Ramsey. I was looking on his website and it is so overwhelming. I don’t even know where to begin. If we want help with budget and saving (which at this time we have a big ZERO!), should we do the Financial Peace University, or just financial coaching? What do you recommend? How do we get started? We don’t have a lot of money. -Kellie
Much of what Dave stresses is common-sense money advice which you probably already know. He just does a great job of packaging it and “selling” it so that the lightbulb goes off and you actually are motivated enough to follow it!
He outlines a seven-step plan for financial success which he calls . While you don’t need to follow them completely to see financial success, using them as a guideline or road map, can be extremely helpful — especially if you’re really struggling financially.
Since you don’t have a budget and you’re not saving money, I definitely think that you could find some great help and hope from the principles Dave Ramsey teaches. And also just lots of plain encouragement and inspiration. In fact, it just might turn your life — and your finances — completely around!
I’d personally recommend two things if you are strapped for cash:
1. Get a copy of This book will give you a step-by-step plan for getting out of debt, budgeting and saving money, no matter your income level. You can probably check out a copy from your local library or borrow one from a friend. If not, it’s worth every penny of the approximately $15 it costs to purchase.
Read the book, let it sink in and follow the steps outlined. Just will significantly improve your current financial situation. In fact, it will more than likely feel as if you got a good pay raise. You telling your money where to go instead of the other way around is a powerful thing!
2. Listen to . If you don’t have a local station which carries his show, you can listen online or download the one-hour podcast. Listen while you’re driving, exercising, folding laundry or doing dishes. It’s free, it’s engaging and you’ll pick up all sorts of motivation to keep on, keepin’ on when you don’t feel like sticking with your financial plan or eating beans and rice yet again.
You can also . Again, you can turn it on and listen while you work on another project. So it’s not taking any extra time out of your day, but it’s giving you lots of financial advice, ideas and inspiration — which I’m guessing is something you could really use right now!
After reading Dave’s book, listening to his show for a few months and implementing the principles gleaned, your finances will invariably be in better shape. Then, you might consider going through or . Neither of these are necessities and there will be some overlap in the materials, but they can serve as excellent continued motivation.
However, none of Dave’s advice or ideas will work if you’re not committed to make them work. But if you’re willing to make sacrifices, be self-disciplined and stick it out for the long-haul, it will make a major difference in your financial situation.
Have you followed any of Dave Ramsey’s advice? How has it impacted you?
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