![]() The central tenet of the Total Money Makeover program is living debt-free and buying only what you can afford (what you can pay for immediately). You must reject the view that debt is normal before you can get control of your finances. Further, financial institutions, stores, and other lenders aggressively push you to borrow because they benefit when you owe them money. We don’t know how to get a car, buy a home, or go to college without debt, and most people can’t imagine living without a credit card. Debt has become so ingrained in our culture that most people can’t imagine living without it. One of the biggest myths is that debt is normal. People who get into financial trouble do so in part because they believe a host of societal myths about debt and money that encourage taking on debt and spending foolishly in order to buy things they can’t afford. ![]() This book lays out what you need to do, but only you can do it. ![]() The fix for your financial situation isn’t a bigger salary, a windfall, or a better job, but acknowledging that your poor financial decisions are your fault and changing your behavior. This means that to live a better life than most people, you need to do what most people won’t do-make sacrifices now in return for the payoff of financial security later. The Dave Ramsey motto in Total Money Makeover is: live differently from everyone else in the present so you can live differently from everyone else in the future. Read on to better understand the Dave Ramsey motto. You’re putting in the work on your financial health now to relax later. The Dave Ramsey motto is to live differently today so you can live differently in the future. What is the Dave Ramsey motto? How does the motto set you up for success during the Total Money Makeover? He has authored seven best-selling books, including The Total Money Makeover. Like this article? Sign up for a free trial here. Shortform has the world's best summaries and analyses of books you should be reading. We learned early on that if we help enough people, the money will come.This article is an excerpt from the Shortform book guide to "The Total Money Makeover" by Dave Ramsey. Many companies define success based on the dollars coming in, but at Ramsey Solutions, we define our success by the number of lives changed: listeners getting out of debt, readers taking their first Baby Step and saving $1,000, Financial Peace University graduates investing for their future. Ramsey Solutions now has more than 900 team members and a variety of products and services to help you reach your financial goals. Our company history is full of landmarks, including six best-sellers on the New York Times, Wall Street Journal and Publishers Weekly lists-and we're not slowing down. Maria had already spoken to me a little bit about Dave Ramsey’s Baby Steps and I was tired of paying over 1,000 a month to my lenders, so I was interested in learning more. With a friend of mine, I started a local radio call-in show called The Money Game, now nationally syndicated as The Ramsey Show. I wrote the book Financial Peace based on all that Sharon and I had learned, and I began selling it out of my car. I’ve paid the “stupid tax” (mistakes with dollar signs on the end) so hopefully some of you won't have to. I formed Ramsey Solutions in 1992 to counsel folks hurting from the results of financial stress. He has a radio program syndicated to 500 or more stations. Barbie and Ken (you know, the couple who appear to be perfect-perfect clothes, perfect car, perfect house) are broke, and I don't take financial advice from broke people anymore. He got rich because he is has been a media personality for more than 40 years. We soon learned that we were not the only ones at the bottom. We didn't tell anyone what was going on, but if we had to do it again, we would learn from the wisdom of others who have been through it. ![]() The short version of the story is that debt caused us, over the course of two and a half years of fighting it, to lose everything. I had a lot of debt-a lot of short-term debt-and I'm the idiot who signed up for the trip. That 2% can cause big problems, especially with $4 million in real estate. That's more than $20,000 a month net taxable income. Starting from nothing, by the time I was 26 I had a net worth of a little over a million dollars. My wife, Sharon, says I'm weird, and, truthfully, I am weird. I have an unusual way of looking at the world.
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