The Total Money Makeover by Dave Ramsey

Dave Ramsey is the author of the New York Times bestsellers Financial Peace and The Total Money Makeover. His radio program, The Dave Ramsey Show, is heard on more than 450 radio stations throughout the U.S. and has more than 4 million listeners each week. Dave also hosts his TV show, The Dave Ramsey show primetime on the Fox Business Network.

Financial Peace is "what to do." Total Money Makeover is a step-by-step, nuts and bolts "how to do" kind of book. Dave takes the seven key principles of a healthy financial plan from Financial Peace and walks with you through each of the seven "baby steps" and shows you exactly how to accomplish each one.

Ramsey's principles are simple and straightforward. He also preaches that we must take personal responsibility for our financial problems. His seven-step plan includes paying off all debts except the home mortgage at an accelerated speed, creating a financial safety net that covers three to six months' expenses, investing 15 percent of income in a retirement fund, and saving for children's college expenses. He provides easy-to-understand answers to many seemingly complex questions about budgeting, retirement funds, saving for college education, and more.

Ramsey scatters great examples, sometimes with a touch of sarcasm, to illustrate his principles throughout the book such as:

"A new $28,000 car will lose about $17,000 of value in the first four years you own it. To get the same result, you could toss a $100 bill out the window once a week during your commute."

If you're looking for a "get rich quick" book, look someplace else. If you're looking for a great motivational tool with lots of practical advice, this may the book you've been waiting for!

There is also a The Total Money Makeover Workbook available to accompany the book.