Can't find it

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PTownSubbie

PTownSubbie

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Joined
May 15, 2009
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Chesapeake, VA
Well, I know there was some discussion on here a while back about a great financial book that people were following. It is a several step process to become financially independant. The post I remember was about someone that just completed step 'X' that basically was paying off his last payment for his mortgage.

Anyone know the name of the book so I can read it? I am trying to plan a bit more for the future. Don't know what will be there when I get ready to collect it....:eek:
 
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That is exactly it! After you posted his name, I was able to search more specifics and actually found the post I was referring to.

Which book is better, anyone have any inputs?
 
Better off - take the course. Go to his Website and enter your zip code to find a class near you. Well worth the cost!
 
I agree completely. You can also hear some of his podcasts through the website. Great stuff if you can do it. No quick fix, that's for sure. But it didn't all happen overnight to get into debt either.
 
I do not necessarily follow the Dave Ramsey books, but I do live the lifestyle! Pay cash only no matter what. Credit card people should be drawn and quartered. I do not have a single credit card and I do just fine.
 
PTownSubbie said:
I am trying to plan a bit more for the future. Don't know what will be there when I get ready to collect it....:eek:
Click to expand...

I believe the Dave Ramsey philosophy is that your future is 20% of your income every month. I am not sure how that equates to over how many years...I'm sure it's a little different for everyone depending on where they are at. You have to pay off bills before you can save for retirement, I know that, because you pay more in interest than you can make in interest. I know that our personal retirement payments are about 24% of our income per month and we are still paying our mortgage. The mortgage is the only money I owe, and that has less than 10 yrs to go. My wife took the Ramsey class a few years ago. I was pretty much raised to pay as you go in your budget, so never had much of a problem with debt.
 
Not Cash

workinforwood said:
I do not necessarily follow the Dave Ramsey books, but I do live the lifestyle! Pay cash only no matter what. Credit card people should be drawn and quartered. I do not have a single credit card and I do just fine.
Click to expand...

My personal approach is pay for almost everything by credit card and pay the full balance at the end of every month so I pay no interest. Never take a cash advance or use one of those cash advance checks. Takes a bit of dicipline but it works for me....about every 3 months or so I get a hundred bucks back from the credit card issuer...found money.
 
Saving

I came to an understanding years ago ... "The Lord provides." I stopped worrying about money, money became a tool and what the Lord gives me I use. To be completely frank, He has always given more than I need and I trust him completely to continue to do so. We have 6 children and we've always had a good house to live in, at least one good car to drive (and when all the kids were still home - more than one) plenty of food on the table, and good clothes on our backs. What more does a person need?
 
I am just looking to broaden my horizons. I make good money and we only owe on our house and one rather inexpensive car payment. We are not hurting in the debt catagory. In fact we have credit cards but either don't use them or pay off each month whatever was charged. I couldn't have said that about 5 or 6 years ago though.

We have gotten our debt all taken care of and am interested in ways to save and possibly cut our expenses even more. Will these books have pointers for ways to do that?
 
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