Giveaway Dave Ramsey total money makeover (1 Viewer)

[casinochipper22]

This book changed my life about ten years ago when I picked it up at the library. Since then I try to give this book out and spread the word whenever I can.

So I'd like to pass some more copies on to whoever would want a quick read...

Qualifications, is really anything, I don't care. But I think it would make the most impact if you...

1. Continually ask yourself "where the fuck did my money go?"

2. Have an open mind.

3. Have some motivation for a positive change.

I'll give out up to ten books, one a day for ten days starting Monday. Used, from eBay probably. I think I have to keep this in conus bc of shipping costs...

Not sure about the terms. Or if anyone will even want to take me up on this. If for some reason there is a lot of interest, I'll deal a hand of some sort, or random number.

*************EDIT********8 copies have been spoken for. Two remain. Claim interested in comments before 6pm Thursday. If there are more than 2 interested, I will do a PLO flip for the last two.

If you actually read this whole thing and are interested but haven't heard of Dave Ramsey, check him out on YouTube. You'll know after a couple minutes if you would be open to his book or not.

And while we are on the subject, any other recommendations or there?

Ultimately my goal is to get more money into PCF'ers pockets so you guys can keep buying my chips! Not really. That's like a distant second.

 

[JWC]

Very nice and thoughtful offer!

 

[HaRDHouSeiNC]

As Dave Ramsey would say
Very Well Done !!

if you haven’t, I’d say read this book if you are an avid reader or interested in money management. It’s only sold like 10 million copies.

 

[turboj623]

I've watched some of his stuff on youtube but never got around to get his book. I would be very interested in a copy.

 

[LeLe]

I am interested, there is always no harm in reading more.

Thanks for the good gesture

 

[OfficerLovejoy]

Here I was, thinking "not really his expertise, huh?"
Well, it wasn't who I was thinking of. So what am I?

 

[buzzmonkey]

Never been a big fan of Ramsey. His snowball theory for paying debt doesn't make financial sense, his argument against maxing out a 401k while you're in debt is ludicrous and leaves free money on the table and his ELP services offer little benefit outside of taking your money.

 

[Burke]

Never read any of Ramsey's stuff, but I think his target audience are people who are spenders of wealth. For example people with CC debt with high interest rates would likely be much better off paying down their debt than any 401k savings.

Not paying down debt with intentions to use that money for long-term investment is great....as long as you actually stick to that plan. I believe Ramsey's readers would likely have a hard time doing this. Paternalistic I suppose to not explain that in detail. But if I were prone to spending I would probably focus on paying down debts. "Know Thyself" - Socrates

I like "Millionaire Next Door" by Stanley and Dankos to focus on the importance of saving rather than NOT spending. The specifics are probably a bit outdated, but the concept still rings true.

 

[skylines]

will this book make me stop buying chips?

 

[ChipRocker]

Am interested in reading. Thanks.

 

[casinochipper22]

Never been a big fan of Ramsey. His snowball theory for paying debt doesn't make financial sense, his argument against maxing out a 401k while you're in debt is ludicrous and leaves free money on the table and his ELP services offer little benefit outside of taking your money.

There are a thousand ways to skin a cat. This is one of them. And I have to agree with his ELPs. They're just professionals trying to make a living

 

[casinochipper22]

Never read any of Ramsey's stuff, but I think his target audience are people who are spenders of wealth. For example people with CC debt with high interest rates would likely be much better off paying down their debt than any 401k savings.

Not paying down debt with intentions to use that money for long-term investment is great....as long as you actually stick to that plan. I believe Ramsey's readers would likely have a hard time doing this. Paternalistic I suppose to not explain that in detail. But if I were prone to spending I would probably focus on paying down debts. "Know Thyself" - Socrates

I like "Millionaire Next Door" by Stanley and Dankos to focus on the importance of saving rather than NOT spending. The specifics are probably a bit outdated, but the concept still rings true.

Millionaire next door is a great book.

 

[Saoliver]

Never been a big fan of Ramsey. His snowball theory for paying debt doesn't make financial sense, his argument against maxing out a 401k while you're in debt is ludicrous and leaves free money on the table and his ELP services offer little benefit outside of taking your money.

When you consider that his target audience is very undisciplined with a lot of debt (usually high interest credit cards), the snowball method will make sense to them and is something where they can see results immediately. If these folks had financial sense to do the "best" thing, then they wouldn't have got themselves into the situation they are in. It's about changing habits just as much as it is about paying off debt.

 

[casinochipper22]

will this book make me stop buying chips?

For a little while probably. But soon enough you can buy whatever you want

 

[jpietrella]

Sure I'm in

 

[turboj623]

When you consider that his target audience is very undisciplined with a lot of debt (usually high interest credit cards), the snowball method will make sense to them and is something where they can see results immediately. If these folks had financial sense to do the "best" thing, then they wouldn't have got themselves into the situation they are in. It's about changing habits just as much as it is about paying off debt.

It's definitely about changing habits. When my wife lost her job during the recession in 2009 it put us in a tight spot because she was making more money than me at the time. And on top of that, she was pregnant with our first child. Fortunately, I had a nice little nest egg put away, but I wasn't going to use it to supplement us the entire time. So, we cut our spending, sold a lot of our stuff that we didn't need but was worth money, and paid off any outstanding debt we had. We changed our lifestyle and went on to live minimally until things got better for us. That period of time was very rough for us, but we pushed through it. And it prepared us mentally for when I got laid off in 2015. Which was tougher because I was the only source of income. I know a lot of people that didn't even attempt to change their spending habits during the 2007 recession and ended up losing everything after they lost their job because they couldn't afford to pay their bills.

 

[casinochipper22]

When you consider that his target audience is very undisciplined with a lot of debt (usually high interest credit cards), the snowball method will make sense to them and is something where they can see results immediately. If these folks had financial sense to do the "best" thing, then they wouldn't have got themselves into the situation they are in. It's about changing habits just as much as it is about paying off debt.

absolutely right. He always says, personal finance is 80% behavior, and 20% knowledge.

 

[casinochipper22]

OK, here is what I got so far. Looks like 4 books taken. 6 more up for grabs.

@turboj623
@LeLe
@ChipRocker
@jpietrella

 

[casinochipper22]

I hand delivered a copy before I started this giveaway...

@Okku gave me an excuse to visit the shop again.

 

[Okku]

I've got to say as a younger person on here. I'm not in debt, I've heavily invested ever since I opened a brokerage account, a crypto account and whatever else I have. I'm in a very good position for someone my age. I haven't started reading yet, but like I told @casinochipper22, I've heard of Dave Ramsey and I watched a few of his youtube videos at the beginning of the year and it got me thinking that literally anyone has the chance to change their lives. Whether that be getting out of debt, investing or just saving money. I believe it's more of a mind game sometimes, but the best thing you can ever do it give it a shot and start.

I'll be reading my copy and then once I'm done I'll be passing it on to someone else. Thanks again @casinochipper22!

 

[SixSpeedFury]

Thanks for the offer! I’ll take a copy.

 

[Nuhockey]

Thanks a lot I’ll take a copy.

 

[Nanook]

Thanks!
I'd like a copy too

 

[jrs146]

This is an incredible gesture by the OP. Very awesome! I’m not a fan of Dave Ramsey myself but obviously he has a very large following so he must be doing something right.

 

[bigblind]

in please..... thank you

 

[casinochipper22]

@SixSpeedFury
@Nuhockey
@Nanook
@bigblind

Took down the next four copies. Thats eight total, there are two more up for grabs. If there are more than two people interested in the last copies, I will do a PLO flip Thursday night. Last chance to enter will be 6pm Thursday night.

 

[Nanook]

@casinochipper22
Thanks!
Very Kind gesture

 

[Nuhockey]

Thanks @casinochipper22