Guest / Limited Access /

Radio talk show host Dave Ramsey wants you to put your lifestyle on a diet—and pay off your debt. "Winning at money is 80 percent behavior and 20 percent head knowledge," Ramsey exhorts. "What to do isn't the problem; doing it is."

The basic money challenge, Ramsey believes, is saying no. His advice springs from scripturally-rooted common sense: Create an emergency fund. Don't use credit cards (you don't need a credit card to build your credit, he says). Zero percent car loans aren't really "no cost." Don't cosign for a loan.

He emphasizes the importance of creating a budget, planning for retirement, estate planning, and using the "debt snowball" (paying off your debts from smallest to largest).

Once readers are on sound financial footing, Ramsey urges them to do three things: have fun, invest, and give, which he calls "the biggest reward of the entire workout." Augmenting his advice are testimonials from those who have implemented his often biblically-based "total money makeover" with dramatic results.

Ramsey fans won't find much variation from his previous books here, but new readers will discover the wisdom to whip their finances into shape.

Cindy Crosby is the author of By Willoway Brook: Exploring the Landscape of Prayer (Paraclete, 2003).

Subscriber access only You have reached the end of this Article Preview

To continue reading, subscribe now. Subscribers have full digital access.

From Issue:
Read These NextSee Our Latest
RecommendedIs It Stealing From God to Split Your Tithe Between the Church and Other Charities?
Subscriber Access Only Is It Stealing From God to Split Your Tithe Between the Church and Other Charities?
Three views on what it means to give faithfully.
TrendingMark Driscoll Resigns from Mars Hill
Mark Driscoll Resigns from Mars Hill
"I do not want to be the source of anything that might detract from our church’s mission."
Editor's PickMy Immigration Status: Beloved
My Immigration Status: Beloved
In Christ I am more than the ‘crime’ I committed at age 5.
Comments
Christianity Today
Shaping Up Flabby Finances
hide thisApril April

In the Magazine

April 2004

To continue reading, subscribe now for full print and digital access.