Personal finance expert Dave Ramsey’s best-selling book, The Total Money Makeover, has surpassed five million copies sold. Using Ramsey’s common-sense financial strategies, timeless wisdom and encouragement, millions of people have dramatically changed their lives. Ramsey has authored five New York Times best-selling books, including The Total Money Makeover (ISBN: 978-0-7852-8908-1; retail $24.99).
Published by Nashville-based Thomas Nelson, The Total Money Makeover lays out Ramsey’s proven, step-by-step approach to getting out of debt and building wealth. The seven Baby Steps include:
- Set up a $1,000 starter emergency fund
- Use the Debt Snowball to pay off consumer debt
- Save 3 to 6 months of expenses
- Invest 15 percent for retirement
- Save for kid’s college tuition
- Pay off your home
- Build wealth and give generously
The Total Money Makeover includes real-life stories from people who have successfully used the Baby Steps to bring financial hope to their families. The book also debunks money myths and gives practical, real-world advice to counter those myths.
“So many people have used the information in The Total Money Makeover to change their lives, strengthen their marriages and leave a legacy for their children,” Ramsey said. “We are honored to be a part of that journey with them.”
In 2003, The Total Money Makeover debuted at number six on The New York Times best-seller list for hardcover advice. It simultaneously appeared at number one on the Wall Street Journal’s hardcover business best-seller list. Since then, the book has been on The New York Times list more than 110 weeks and the Wall Street Journal list for nearly 400 weeks.