Book Review: The Total Money Makeover

I keep hearing about Dave Ramsey's book, The Total Money Makeover, so when I saw it in our local library, I jumped at the chance to read it.

The book is focused on eliminating all debt, including your mortgage, in order to invest, save for retirement and contribute money for a child's college education. I completely agree with everything in the book, but I do find it lacking in providing step-by-step instructions. Instead, it provides numerous stories of people who have used Ramsey's system to become debt free.

The chapters include:

1. The Total Money Makeover Challenge
2. Denial
3. Debt Myths
4. Money Myths
5. Two More Hurdles
6. Save $1,000 Fast
7. The Debt Snowball
8. Finish the Emergency Fund
9. Maximize Retirement Investing
10. College Funding
11. Pay Off the Home Mortgage
12. Build Wealth Like Crazy
13. Live Like No Else

I did enjoy reading the success stories and there are some worksheets at the end of the book, but it would've been helpful to include some worksheet examples. That said, Ramsey does have another book called Financial Peace. I'm going to see if the library has it so I can read it to see if it fills in some of the blanks that I've noted.

I'd love to hear your thoughts if you've read any of Ramsey's books.