Get Out Of Debt The Right Way
Debt Is A Four Letter Word
We all seem to agree with each other that debt is just the American way of life now. Heck, even our government can't stay out of it. So how did your grandparents seem to always have the things they needed while not going into debt? Dave Ramsey has a few simple answers to that question as well as a plan to help you and your family get out of debt. I hope I can convince you to use some of his ideas to help yourself reach financial peace, and get rid of the stress that money can cause in your every day life. Take the time to at least review the ideas that are covered by this hub. There are no guarantees in life, but I can almost guarantee that Dave Ramsey's plan will work for you. The only reason I can't guarantee it will work is what I like to call the human factor. Reading the books or listening to the CDs will not get you out of debt. Taking the lessons from the materials and applying them to your life will. It worked for my family and thousands of others throughout America. There is no reason that it can't work for you. Set up your financial future now, don't put it off.
Have you heard of Dave Ramsey before now?
The Total Money Makeover
The first book I would recommend to any person who is looking to get out of debt is The Total Money Makeover. In this book, Dave Ramsey lays out a plan for climbing your way out of debt and never falling back into it. He uses his experience of becoming a millionaire twice in his lifetime to show you the mistakes he made, and to advise you on how to avoid making the same mistakes. In my opinion, if he could do it twice, I think he probably has some good ideas that he could pass on to you. He lays out the baby steps to getting out of debt, and lets you know how to use his Debt Snowball idea to pay off your bills smallest to largest. I have used this plan and I KNOW that it works. My wife and I paid off over $25,000 in debt over an 18 month period. If it didn't work, I wouldn't promote it :).
Financial Peace University
Dave had a great idea come out that reached further than just selling books to people that would hopefully read them and take at least a small portion of what he was teaching to use it for their benefit. He started teaching in a classroom environment, which started pushing people to help each other reach their goals. If you need that kind of social support, I would suggest enrolling in the class. You can find classes that are being taught in your local churches, schools, etc. If you feel like you would like to take the program on your own, in your own environment, and at your own pace, he does have free material you can use in conjunction with his FPU handbook. His website, daveramsey.com, has tons of helpful information to help you balance your checkbook and maintain your life in a healthy, debt-free way. I have taken the time to find and post the links to his books for your personal benefit. Like I said, I wouldn't promote them if they did not work.
Audio Books And Radio
I personally have a really hard time reading bigger books. It's funny that the guy writing this article has attention problems and has a horrible time reading articles like this, which is why I promote 100% buying Dave Ramsey's audio books and listening to them while in the car, doing household chores, or even while exercising. I bought his Financial Peace University audio course and listened to him while I was driving back and forth to work. Whatever you do, try to listen to at least a CD a day. This is manageable, as it will only take you about two weeks to finish. As you go along, fill out the worksheets he has on his website. This will help you make a budget, manage your finances, and find your way to financial peace. Another great, and most importantly, free item he offers is his iHeartRadio channel. Download the app, find his show, and listen to it. You will get to hear about other peoples' problems, how Dave thinks they should handle them, and even get to hear people call in to do their debt free scream. If that doesn't motivate you to get out of debt, and become financially and spiritually wealthy, I don't know what will :).
Need Some Help From An Expert?
Dave's website has a link on it that will lead you to local experts that can help you with your financial life. The program is called Endorsed Local Providers(ELP). These are people and companies that work in your area and were vetted by Dave's company to be the best prepared, and most trustworthy people to help you. They even have experts to help you invest and save your money for retirement after you have gotten out of debt. Look into them if you feel like you need more help than what you can get from your family or friends. It's a great resource that is compiled in one place just for you!
Not Sure You Want To Follow His Plan?
An alternative to following Dave Ramsey's plan is to look into my friend Bob Lotich's website Christian Personal Finance. Even if you aren't a Christian, Bob covers many ways to get out of debt. He also posts many ways to earn more money from home, which can be a huge compliment to your hourly income from your day job. He is the reason I found HubPages in the first place. If you feel like you are good at writing, why not try your hand at earning money while doing it? I make a small income from the hubs that I write, and there is no reason why you couldn't too. Click on the link above to sign up for a HubPages account and start earning for your writing today, or go to Bob's website and learn about how to earn a separate income from home.
Questions Or Concerns
If you have any personal questions for me about any ideas covered in this hub, you can email me at firstname.lastname@example.org. I will help you if I can, or point you in the right direction to get the help that you need. If you can't afford to join the class or buy the books in this hub, there are a few ways to get the material needed to get out of debt. One way is to visit your local churches to see if they have any complimentary material or classes. Another is to enter into Dave's website and look for promotions that they may be running during seasonal sales. Christmas time is a very good time to buy these items, as Dave usually has very good deals at this time. Also, he seems to have different deals running year round. Try his ideas and get out of debt! You won't regret it.