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How to get started with money management

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  • #16
    Um.... yeah, I don't recommend Robert Kiyosaki at all. To me, he crosses that line where he ends up doing more harm than good. There are plenty of other financial "gurus" you can follow and still do well enough.

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    • #17
      I have to agree with broken arrow. I don't like Rober Kiyosaki's advice at all even tho I did buy and read his book.

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      • #18
        I've read so many financial planning/budgeting books over the years but for whatever reason, Dave Ramsey's plan made sense to me. You can check out the book from the library to see if it's a good fit for you. I didn't follow his plan to the letter. I modified it somewhat to fit my unique situation and it was very helpful.

        He also has a website with a forum attached to it. I think only a few of the sections of the forum are free to view and I personally would not pay to join, but it is interesting to read. The people on that forum do tend to be somewhat fanatical though.

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        • #19
          While the Total Money Makeover site does charge ($10/month or $90/year) there is a free site devoted to the Ramsey Baby Steps.

          Living Like No One Else - There's hope in your financial life!

          The caveat is that they tend to be ... rabid about his precepts. It's a good place for general info and encouragement, but be prepared for heat if you deviate. For me, I refused to stop retirement investing, even though DR recommends that you do so. And I do maintain a credit card for work and travel expenses, although I pay it off each month. Both of these are considered heretical to the Ramsey-ites.

          Sandi

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          • #20
            Dave Ramsey's advice is pretty good.
            Although I don't agree with paying off all of your debts before saving 3 month's expenses.
            In this economy I think you're better off holding on to cash.

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