brainboxmethods
Debt Snowball Effect
Total Money Makeover by Dave Ramsey
Let me preface this by saying there are so many different ways to handle your debt and so many opinions on the proper way to acquire money.
Dave Ramsey has his own take and entrepreneurs of the likes of Tai Lopez, Tony Robbins, Elon Musk, etc. have their own way in acquiring money. So just know there’s no right or wrong when deciding what avenue you’re going to pursue. At the end of the day you have find what fits you. Personally, I take a little of the two and go from there.
This book shines light on the various myths about money in regards to leasing cars, paying college debt, credit cards, mutual funds, emergency funds, etc. This is a good book for anyone trying to get a basic understanding of finance and how to deal with their money.
The debt snowball effect is used by so many people I know and though it’s a basic concept, many people still don’t use it. Yet, the effectiveness of it and the concept of living off a certain percent of your salary is extremely powerful. Definitely a page I took out of this book.
Until next time.
#brainbox #brainboxmethods #brainboxteam #daveramsey #totalmoneymakeover #debtsnowball #studentlife #studentsuccess #debtfree #debtfreegoals #studentdebt #debtcrisis #educationmatters #undergrad #bookreview #motivation #mondaymotivation #betterlife
Debt Snowball Effect
Total Money Makeover by Dave Ramsey
Let me preface this by saying there are so many different ways to handle your debt and so many opinions on the proper way to acquire money.
Dave Ramsey has his own take and entrepreneurs of the likes of Tai Lopez, Tony Robbins, Elon Musk, etc. have their own way in acquiring money. So just know there’s no right or wrong when deciding what avenue you’re going to pursue. At the end of the day you have find what fits you. Personally, I take a little of the two and go from there.
This book shines light on the various myths about money in regards to leasing cars, paying college debt, credit cards, mutual funds, emergency funds, etc. This is a good book for anyone trying to get a basic understanding of finance and how to deal with their money.
The debt snowball effect is used by so many people I know and though it’s a basic concept, many people still don’t use it. Yet, the effectiveness of it and the concept of living off a certain percent of your salary is extremely powerful. Definitely a page I took out of this book.
Until next time.
#brainbox #brainboxmethods #brainboxteam #daveramsey #totalmoneymakeover #debtsnowball #studentlife #studentsuccess #debtfree #debtfreegoals #studentdebt #debtcrisis #educationmatters #undergrad #bookreview #motivation #mondaymotivation #betterlife