This book made me wish I had read it before I bought my NEW TRUCK, before I took out STUDENT LOANS, before I LEFT HIGHSCHOOL, and before I STARTED WORKING. I had worked since I was able to at the age of 16. In high school I wasted my money on the usual things kids do: food, gas, dates and video games. My parents at least taught me to save, so I saved up for most things and avoided credit card debt. Largest purchase then was $1,500 for a bullet bike. Then I “Grew Up” and went on to college, I knew what I was doing… I was smart so I worked to help cover the cost of my Too Nice of Car, my Too Nice of Housing, and the gas, food, dates; you know the whole college experience. I knew things so well – student loans, I could pay them later and have fun now. I even got so smart at college I sold my car and bought a NEW TRUCK. Why not? I had two internships for Toyota, I was on track to make it big. So $30,000 – I spent two weeks making this decision but in the end I fell into the trap “You will always have a car payment”.
No matter what your situation is financially, read this book, and read my blog on Daves Baby Steps and you can change things around. I will have paid off around $50,000 in just over one year by selling the Truck, “Getting Mad” at debt and following the “Baby Steps”. This book is an easy read and the “Baby Steps” are easy to understand and follow. The examples of other people in the book gave me the motivation I needed to make the decision to get a hold of my own financial situation. It is well written and flows well, however I would recommend the Audio Book. Get a copy of this book here.