A quote from The Total Money Makeover (2024)

FAQs

What is the quote from The Total Money Makeover? ›

The quote by The Total Money Makeover, "If you will live like no one else, later you can live like no one else," encapsulates the core principle of the book.

In the Total Money Makeover, Ramsey lays out a program for freeing yourself from debt and money worries by changing your behavior: paying with cash only, eliminating debt, saving for emergencies, and investing. The program is intended for everyone—from high earners to people thousands of dollars in debt.

Dave Ramsey Quotes. We buy things we don't need with money we don't have to impress people we don't like. If you will live like no one else, later you can live like no one else. Pray like it all depends on God, but work like it all depends on you.

Chapter 6 Summary: “Save $1,000 Fast: Walk Before You Run”

The plan involves seven “Baby Steps,” taken in a fixed order, one at a time. It advocates for achieving small goals individually because incremental, observable progress boosts confidence: “The power of focus is what causes our Baby Steps to work.

Money is the illusion of what the world thinks you are worth. Truth is, all souls are priceless.

Dave Ramsey's primary goal in his book is to help people get out of crippling debt and stay out of it for good. Many of the good points of this book lie in the financial stability and independence Ramsey's steps help readers achieve. But remaining completely debt-free isn't always possible.

The 7 steps in Dave Ramsey's plan are: Save $1,000 for emergencies, pay off all debt, build a 3-6 months emergency fund, save 15% of your income for retirement, fund your children's college education, pay off your mortgage early, and then give generously.

Chapter 1: The Total Money Makeover

Ramsey lays the groundwork by explaining his philosophy of financial wellness. He introduces the principles of living within one's means, avoiding debt, and embracing a cash-based lifestyle. Ramsey stresses the significance of taking control of your money to ensure a secure future.

"I'm better than I deserve." | Dave ramsey quotes, Financial peace, Financial quotes.

“A budget tells us what we can't afford, but it doesn't keep us from buying it.” – William Feather. Perhaps no one explains the importance of budgeting better than publisher William Feather. A budget is a great tool to tell you where your money should go. But it's up to you to hold yourself accountable.

Is Total money Makeover worth reading? ›

Dave Ramsey's primary goal in his book is to help people get out of crippling debt and stay out of it for good. Many of the good points of this book lie in the financial stability and independence Ramsey's steps help readers achieve. But remaining completely debt-free isn't always possible.

Nashville, Tenn.

To date, over 9 million copies have been sold worldwide, and every year, more than 400,000 readers buy the book. Ramsey's timeless TMMO principles have helped tens of millions pay off debt, save for unexpected emergencies, invest for retirement and build lasting wealth.