Friday, February 23, 2007

I'm rich, Biatch!

I got my tax return today. its not huge, but its enough to give me a good start on knocking out 2 or 3 debts on my way through Dave Ramsey's baby steps. I can't recommend Dave Ramsey enough. He's one of those "Get rid of your Debt, and be Rich" speakers, but he's not like the other guys. There are no tricks. no gimmicks. Dave is just an honest, church going guy who wants to help as many people as he can. the power of what he teaches is amazing, and you can tell by listening to his radio show that he cares about people.

the thing is, this whole problem american's have with credit and spending is like an addiction. most people have to hit rock bottom before they realise that they have to change what they are doing. most people don't think that there's a problem. they're paying their bills, they have a nice new car and a house in the 'burbs, so whats the big deal? the big deal is that they are just spinning their wheels. they have all this stuff, but it just keeps cycling. they'll sell that car and get another loan for a new one. they'll refinance the house to pay off their credit cards.... it goes on and on. you dont plan on that happening, but it does if you don't change your ways.

I just read his book The Total Money Makeover in december and started the steps at the beginning of January. I can already see the difference its making in my life. I see clearly whats happening with my money, and how to make it work so that i can be successful. I use to be concerned because i knew i was smart enough to make a lot of money, but i thought that i needed to change occupations to make that happen. Now i know thats not true. all i need to do is sacrifice a little, have a little dedication and think ahead.

3 comments:

DEBTective said...

Way to go on the dough, baby! Thanks for spreading the word about Dave Ramsey and deep-sixing debt. You're dead-on about the whole credit card/addiction deal. It's a cryin' shame. Let's get the debt-free word out. Here's looking at you, kid. www.debtective.com

Ryan said...

David Ramsey is great. I'm reading Financial Peace revisited. Good book.

MSN Money is also a great tool. Once you get everything setup it is pretty easy to update every few days and reports of your spending habits don't lie.

Broom said...

i take it thats not an online app?

i set up spreadsheets in google docs. that way i can review, update and change anywhere. its working really well so far. only downside is that i don't get reports, and it takes some trial and error to get it all set up well.

we're going to the live event tomorow. i'm looking foward to it.