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daveramsey.com
The Lampo Group, Inc.
1749 Mallory Lane, Suite 100
Brentwood, TN 37027

Copyright © 1994
ALL RIGHTS RESERVED

First Printing . . . . . Spring 1994

Updated . . . . . . . . . Janurary 2006

This publication is designed to provide

accurate and authoritative information
with regard to the subject matter covered.
It is sold with the understanding that the
publisher is not engaged in rendering
legal, accounting, or other professional
advice. If legal advice or other expert
professional assistance is required, the
services of a competent professional
person should be sought.
– From a Declaration of
Principles jointly adopted by a
Committee of the American Bar
Association and a Committee of
Publishers and Associations.

Published by The Lampo Group, Inc.

Our Mission Statement

“The Lampo Group, Inc. is providing
Biblically based, common sense education
and empowerment which gives HOPE to
everyone from the financially secure to the
financially distressed.”

For More Information

Please contact The Lampo Group, Inc. at
1-888-22PEACE or visit us online at
www.daveramsey.com

2
Dave Ramsey’s Total Money Makeover
Dave’s Story
Dave Ramsey knows first-hand what financial peace means in his own life—living a true riches to rags
to riches story. By age twenty-six he had established a $4 million real estate portfolio, only to lose it by
age thirty. He has since rebuilt his financial life and now devotes himself full-time to helping ordinary
people understand the forces behind their financial distress and how to set things right—financially,
emotionally, and spiritually. Ramsey earned his B.S. degree in Finance and Real Estate from the
University of Tennessee. He resides with his wife Sharon and their three children, Denise, Rachel, and
Daniel, in Nashville, Tennessee.

Radio Host and Media Appearances

Ramsey offers life-changing financial advice as host of a nationally syndicated radio program, “The
Dave Ramsey Show,” which is heard by more than 2 million listeners each week on more than 250
radio stations throughout the United States. Dave has also provided his straight-forward, no-nonsense
advice to media outlets across the county, including: “60 Minutes,” “The Oprah Winfrey Show,” “The
Early Show,” CNN, The New York Times Magazine, The Wall Street Journal Sunday, People, Y’all
Magazine, O: The Oprah Magazine, “Your World with Neal Cavuto,” “The 700 Club,” “The Wall
Street Journal Report,” and “The Tavis Smiley Show.”

Financial Peace University

Ramsey is the creator of Financial Peace University (FPU), a thirteen-week program that helps people
dump their debt, get control of their money, and learn new behaviors around money that are founded
on commitment and accountability. Over 200,000 families have attended FPU classes at their
workplace, church, military base, local nonprofit organization, Spanish speaking organization, or
community group and many national corporations have used and benefited from the program as well.
The average family pays off $5,300 in debt and saves $2,700 in the first 91 days after beginning FPU
and is completely out of debt, except for the mortgage, in 18 to 24 months.

Author
Ramsey is the best-selling author of the New York Times best-sellers The Total Money Makeover,
Financial Peace, and More Than Enough, which exemplifies his life’s work of teaching others how to be
financially responsible, so they can acquire enough wealth to take care of loved ones, live prosperously
into old age, and give generously to others. Included in his family of published works is his group of
products designed to teach children about money before they have a chance to make mistakes.
Financial Peace for the Next Generation is an all inclusive school curriculum that is currently in more
than 500 schools across the country. Financial Peace Jr. is an instructional kit designed to help parents
teach their young children about working, saving and giving their money. Through Ramsey’s
entertaining children’s book series Life Lessons with Junior: The Super Red Racer, Careless at the
Carnival, The Big Birthday Surprise, My Fantastic Fieldtrip, Adventures in Space, A Special Thank You,
and Battle of the Chores children learn about working, saving, giving, budgeting, contentment,
integrity, and debt.

Live Events
A frequent speaker around the country at large-scale live events, Ramsey is a passionate and inspiring
presenter who is at ease on both sides of the mike. More than 380,000 people have attended Ramsey’s
LIVE events.

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 3
 The American Dream
Imagine if…
A 30 year old couple partially funds a Roth IRA ($500 per month) at 12% interest.

At 70 years old they will have…

$5,882,386.26… TAX FREE

Imagine if…
That same couple fully funded a Roth IRA at $4,000 per year each.

At 70 years old they will have…

$7,843,182… TAX FREE

Imagine if…
That same 30 year old couple made $40,000 and saved 15% in a 401(K)
($6,000.00 per year, $500.00 per month — at 12% interest).

At 70 years old they will have …

$5,882,386.26 in the 401(K)

By Retirement
That 30 year old couple, DEBT FREE, saves $1,000 per month at 12% interest.

At 70 years old they will have…

Roth IRA $5,882,386.26

401(K) $5,882,386.26
Total $11,764,772.52

...and to think this could be you.

4 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
Snapshots of America’s Finances

 Wall Street Journal: Nearly 70% of all consumers live from paycheck
to paycheck.

 American Bankruptcy Institute: Annual bankruptcy filings were nearly 1.6

million in 2004 with a new record being set virtually every year. (Personal
bankruptcies account for 97 percent of filings.) Of all filings, 70% are “total”
bankruptcy, that is, Chapter 7 where you have nothing left - and this is just what
the court rules in 95% of those cases as they are declared “no asset” cases.

 Bureau of Labor Statistics’ Consumer Expenditure Survey: This year

more people will file for bankruptcy than will graduate from college.

 Christian Financial Concepts: In 1929 only 2% of the homes in America

had a mortgage against them, and by 1962 only 2% did not have a mortgage
against them.

 Consumer Reports Money Book: The typical household has $38,000 in

debt and the total consumer debt has almost tripled since 1980. In 1980 the total
consumer debt was $1.3 trillion and now is over $3.3 trillion.

 A Marist Institute poll published in USA Today: 55% of Americans

“always” or “sometimes” worry about their money.

 Psychology Today: A new report finds that conflict over money is still the
leading cause of divorce today.

 The Department of Commerce: In the new millennium, the personal

savings rate fell to around -2.2% – the lowest in 60 years.

 The Oprah Winfrey Show: 78 million Americans have no savings, and

Oprah’s own on-line survey reported that 70% of the respondents had no savings.

 NBC News: Only 3% of US citizens are saving in any type of IRA.

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 5
A PROVEN PL AN FOR FINANCIAL FITNESS

baby step one

baby step one:
1.
$___________ to start an “Emergency Fund”

You must __________ money.

1
2. You must pay yourself _____________.

3. Give, save, then pay _____________.

$1,000 One Time Investment.

No withdrawal.
Age 25 to Age 65 (40 years)

6 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
Debunking the Myth
If you tell a lie, spread a _____________ often enough, loud enough, and long
enough the myth becomes accepted as ______________.

Debt has been _______________ to us in so many forms so aggressively since the

1960’s that to even imagine living without it requires a complete paradigm
_______________.

Myth: Car ________________ are a way of life and you’ll always have one.

Truth: Staying away from car payments by driving reliable used cars is what
the typical millionaire does. That is _________ they became millionaires.

Myth: You can get a good deal on a _________ car.

Truth: A new car loses _________ of its value in the first 4 years. This is the
largest purchase most consumers make that goes down in value.

Do the Math: A new car selling for $28,000 on average will lose $16,800
of it’s value in the first 4 years, making it worth about $11,200. You are losing
about $350 per month in value!

8 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
Myth: _____________ your car is what sophisticated financial people do.
You should always lease things that go down in value and there are tax
advantages.

Truth: Consumer Reports, Smart Money Magazine, and a good calculator

will tell you that the car lease is the most ____________________ way to
finance and operate a vehicle.

Myth: You need to take out a credit card or car loan to “build your
______________.”

Truth: Open credit card accounts with zero balances count against you as
well as car payments when qualifying for a ___________________.

Myth: You need a credit card to ___________ a car, check into a hotel or
make a purchase over the phone or web.

Truth: A _____________ card will work at most major rentals, hotel

chains and for phone and web purchases with few exceptions. Check in
advance.

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 9
 T H E U L T I M A T E B U S I N E S S C O N F E R E N C E

Want to grow
your business?
Whether you are starting from scratch or
in the middle of the journey, this intense
3-day experience will give you insight
gained over 12 years. The focus of this
experience is equipping you for action —
to move your business in the right direction.
Learn from Dave’s experience and
knowledge to avoid mistakes common
to every business leader, especially the
ones that will cost your company thousands
of dollars! And, talk to Dave and his team
about the specific business issues that
YOU are facing today.

To learn more, visit

You should attend if: • You want to learn to take the ordinary and turn it into the
• You want to be personally coached by Dave on the process of extraordinary
growing a business exponentially • You want to discover powerful leadership that will build
• You want to save tens of thousands of dollars in excellence at your workplace
employee turnover • You want to create a culture of unity and loyalty with your staff
• You want to discover that “missing” element that keeps your • You want to paint a clear picture of your vision and instill
business from operating at the next level passion into your employees
• You want to create a leadership style that brings out the best • You are serious about understanding what it takes to be a
no matter what personality styles you have in your company success in business
Myth: “I pay mine off every _____________, with no annual fee. I get
brownie points, air miles, and a free hat.”

Truth: 78% of Americans don’t pay off the balance ______________ month.

Truth: A recent Dun and Bradstreet _____________ found that when

paying cash (from your envelope system) you spend 12% to 18% less because
spending cash hurts. Ouch! So what if you get 1% back and a free hat?!

Myth: I’ll make sure my ___________________ gets a credit card so he/she

can learn to be responsible with money.

Truth: Teens are the number one _______________ of credit card

companies today. Anyone with half a brain realizes how stupid this myth is.

Myth: Debt is a ___________ and should be used to create prosperity.

Truth: The borrower is slave to the _______________.

Survey Says... When surveyed, the Forbes 400 were asked “What is the
most important key to building wealth?” 75% replied that becoming and
staying debt free was the number one key to building wealth.

How much could you ___________, invest, blow and ___________ if you had
no payments?

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 11
Remember: Change is a Process!
When spending money, look for a ___________ on your investment (ROI).

The thing about change is that it is a _______________ not an

______________ and yet we worship the event in our culture.

From John Maxwell’s 21 Irrefutable Laws of Leadership:

Law Number 3 - The Law of Process

We __________________________ the event and we

__________________________ the process.

Your income is your greatest wealth-building

asset. Making your income behave is the key to
financial freedom.
The features available in the Financial Peace Personal Finance Software
will help you take control of your money like never before!
· Build your monthly cash flow plan. It’s · Plan for large annual expenses such as
EASY with this software, whether you holiday spending or insurance
get paid regularly or irregularly! premiums! You won’t have to worry
about how you’ll pay those large bills!
· Calculate how quickly you can pay off
debt with the Debt Snowball! You · Balance your checkbook so you stay
really can get out of debt now! IN CONTROL! It’s FAST with this
software!
· Determine how much you need to save
each month to have the retirement you
want! You don’t have to retire on rice
and beans!

In the lobby or at www.daveramsey.com.

14 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
 STARTER SPECIAL
Includes:
The Total Money Makeover book
Financial Peace Revisited book
Dumping Debt DVD
Cash Flow Planning DVD
Deluxe Envelope System
Live Event Special: Save $50.00 . . . . . . . . . . . . . . . . . . . . . . . . . $50.00

CHILDREN’S SPECIAL
Includes:
The boxed set of all of Dave’s children’s books:
The Super Red Racer: Junior Discovers Work
Careless at the Carnival: Junior Discovers Spending
The Big Birthday Surprise: Junior Discovers Giving
My Fantastic Fieldtrip: Junior Discovers Saving
A Special Thank You: Junior Discovers Integrity
Battle of the Chores: Junior Discovers Debt
The Financial Peace Jr. Kit
Live Event Special: Save $20.00 . . . . . . . . . . . . . . . . . . . . . . . . . $60.00

THE COMPLETE DO-IT-

YOURSELF SPECIAL
Includes:
The Total Money Makeover book
The Total Money Makeover workbook
Financial Peace Personal Software
YOUR
Financial Peace Revisited BEST
Financial Peace Planner VALUE
More Than Enough
How to Have More Than Enough Workbook
Dumping Debt DVD
Cash Flow Planning DVD
The Great Misunderstanding DVD
Live Event Special: Save $100.00 . . . . . . . . . . . . . . . . . . . . . . . $100.00

THE GIFT-GIVER SPECIAL

Your choice of any TEN books…
JUST $10000
A PROVEN PL AN FOR FINANCIAL FITNESS

baby step two

baby step two:
__________________.”
Pay off all debt using the “_____________
2
Proverbs 6:4-5 (NKJV): “Give no sleep to your eyes, nor slumber to
your eyelids. 5 Deliver yourself like a gazelle from the hand of the hunter, and
like a bird from the hand of the fowler.”

Steps Out of Debt:

1. Quit _____________________ more ______________!!!

2. You must ____________ money.

3. ________________ really works.

4. Sell ______________________.

5. Part-time ___________ or overtime (temporarily).

16 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
 The Debt Snowball
List your debts in ascending order with the smallest payoff or balance first. Do not be con-
cerned with interest rates or terms unless two debts have similar payoffs, then list the high-
er interest rate debt first. Paying the little debts off first shows you quick feedback and you
are more likely to stay with the plan.

Redo this sheet each time you pay off a debt so you can see how close you are getting to free-
dom. Keep the old sheets to wallpaper the bathroom in your new debt-free house. The “New
Payment” is found by adding all the payments on the debts listed above that item to the pay-
ment you are working on, so you have compounding payments which will get you out of
debt very quickly. “Payments Remaining” is the number of payments remaining when you
get down the snowball to that item. Cumulative Payments is the total payments needed,
including the snowball, to payoff that item. In other words, this is your running total for
“Payments Remaining.”

Count Down to FREEDOM!!

Date:_______________

Total Minimum New Payments Cumulative

Item Payoff Payment Payment Remaining Payments
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______
________ _______ _______ _______ _______ _______

________ _______ _______ _______ _______ _______

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 17
A PROVEN PL AN FOR FINANCIAL FITNESS

baby step three

baby step three: ______________ months of expenses in savings

Emergency funds must be easy to access, or _______________.

3
_____________ Market accounts are easily accessible and often have no penal-
ties for early withdrawals as well as check writing privileges.

Remember: A fully funded Emergency Fund is not a wealth building tool.

It will rain and this will be your umbrella.

Emergency Fund Savings:

Men: “Boring, not sophisticated ________________.”

Women: “Most ______________________ key to our financial plan.”

18 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
An emergency fund can turn a ________________ into an inconvenience.

You should save for three basic reasons:

1. ______________________ _____________

2. ______________________

3. ________________ ___________________
IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 21
A PROVEN PL AN FOR FINANCIAL FITNESS

baby step four

baby step four: Invest ___________ of household income into
Roth IRA’s and pre-tax retirement.
4
Compound Interest is a mathematical ______________________.

$100 per month from age 25 to 65 at 12% = $______________________

___________ IRA’s and ____________ are secret government formulas to wealth.

YOU MUST START __________!

And there are a million reasons why...

Check out the Ben & Arthur example on the next page.
Ben and Arthur both save at 12%. Both save $2000 per year. Ben starts at age
19 and STOPS at age 26. Arthur starts at age 27 and STOPS at age 65...
and he never caught up.

$2000 a year is only $167 a month!

22 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 23
Understanding Investments
A. Diversification

Ecclesiastes 11:2 (NIV): “Give portions to seven, yes to eight, for

you do not know what disaster may come upon the land.”

Diversification means to _______________ ________________.

Diversification _______________ risk.

Quote: “I’m putting all my money in taxes. It’s the only thing guaranteed
to go up.” – Mark Twain

B. Mutual Funds
Investors pool their _______________ to invest.

Professional portfolio managers manage the pool or ____________.

Your return comes as the _____________ of the funds is

_____________________.

Mutual funds are ____________ term investments.

C. Diversify in Fund Types

Invest:
25% in a _______________ and _______________ funds.

25% in ________________ funds.

25% in _____________________________ funds.

25% in Aggressive _________________ funds.

24 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
Top 10 Benefits
of Attending this Live What attendees are saying...
Dear Dave and Company,
Seminar with Russ Carroll
1) Answers to the questions... My brother Jim and I went to the
How? When? Where? and Why? to invest . investment seminar on Saturday with
2) Steps to Investing that really work. Russ Carroll. We drove about 9 and 1/2
hours Friday from Pittsburgh, got in
3) Learn how to invest for a car, college, wedding, and more. around 1:00 AM, and drove back
4) Everything you NEED to know about Mutual Funds; How to Pick them, immediately after the seminar on
Where to find them, How to purchase them, When to purchase them, and MORE! Saturday night. After doing that, I
5) Understanding the difference and impact of Load vs. No Load Funds. guess you could say we have drank
6) Why are Fees paid on managing funds? the Kool-Aid and shaved our heads!!!
7) Understanding a Prospectus and its purpose. We wanted to let you know that
8) When to fund a 401K or a Roth first. Russ and your staff did a great job.
9) What are your Long Term and Short Term Needs and How to Plan accordingly. Everything was well laid out, well
10) Learn first hand in person from Dave Ramsey's Senior Financial Advisor and Investment Trainer, Russ Carroll. planned and very informative. Your
entire staff was extremely helpful
For more info, visit and very friendly and we just wanted
to say thanks!!!
Jeff and Jim O’Connor
and click LIVE EVENTS or call us at 1.888.22PEACE
Call toda
y at 888
-22-PEA
OR GET IT CE, or vis
it www.d
IN THE LOBBY averamse
y.com.
NOW!
Use this handy list to help make your selection and bring it to the lobby, where you can purchase these.

Total Money Makeover Financial Peace Revisited

New York Times Bestseller The updated version of Dave’s bestselling book on
Tens of thousands of ordinary people have managing personal finances.
become debt-free using this step-by-step plan. . . . . . . . . . . Live Event Special: Save $10.00 . . . . . . $15.00
You can too! Financial Peace Planner. . . . . . . . . . . . . . . . . . . . . . . $15.00
. . . . . . . . . . Live Event Special: Save $10.00 . . . . . . $15.00
Total Money Makeover Workbook
. . . . . . . . . . . Live Event Special: Save $3.00 . . . . . . $15.00
Total Money Makeover CD
. . . . . . . . . . . Live Event Special: Save $5.00 . . . . . . $20.00
Total Money Makeover Cassette
. . . . . . . . . . . Live Event Special: Save $4.00 . . . . . . $15.00

More Than Enough The Money Answer Book

Proven keys to strengthen your family and build Set in an easy-to-read format, Dave’s newest
financial peace. book contains answers to the most-asked ques-
More Than Enough . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.00 tions from the Dave Ramsey Show.
How to Have More Than Enough Workbook . . . . . . . . $15.00 Live Event Special: Save $3.00 . . . . . . . . . . . . . . . . . $10.00

Dumping Debt Cash Flow The Great Dave Ramsey’s

Planning Misunder- Personal
Dave’s lesson on
how to get out standing Finance
One of Dave’s most
of debt. popular lessons.
Software
An important lesson
CD . . . . . . . . . . . $15.00 Learn how to set on how giving to The easiest and
DVD . . . . . . . . . . $20.00 up a budget that others enriches quickest software
All three CDs really works. your life. for taking control of
Live Event Special: Save $5.00. . . . . $40.00 CD . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.00 your finances.
CD . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.00
All three DVDs DVD . . . . . . . . . . . . . . . . . . . . . . . . . . $20.00 DVD . . . . . . . . . . . . . . . . . . . . . . . . . . $20.00 Financial Peace Software . . . . . . . . . $30.00
Live Event Special: Save $10.00. . . . $50.00

Junior’s Adventures Boxed Set

A boxed set of all six of Dave’s Lessons with Junior Series
Box Set . . . . . . . . . . . Live Event Special: Save $10.00. . . . . $50.00
Individual titles (each) . . . . . . . . . . . . . . . . . . . $10.00
The Super Red Racer: Junior Discovers Work
Careless at the Carnival: Junior Discovers Spending
Financial Peace Jr. The Big Birthday Surprise: Junior Discovers Giving
A fun kit that helps parents teach their kids 3–12 years old how My Fantastic Fieldtrip: Junior Discovers Saving
to manage their money A Special Thank You: Junior Discovers Integrity
Complete Kit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20.00 Battle of the Chores: Junior Discovers Debt
 A PROVEN PL AN FOR FINANCIAL FITNESS

baby step five

baby step five: College Funding — Making sure the
______________ are fit too!
5
Take the time to ____________________ the cost of attending college.

First Rule of College: __________ ___________.

An Education Savings Account (ESA), or Education _________ funded in a

growth stock mutual fund is best.

What about 529’s? 529’s are less flexible and should be used only if you
make more than $200,000 annually and/or have maxed out your ESA.

The average college student graduates with $_______________ in student

loan debt.

USA TODAY says that in 1992, 42% had loans - in 2000, 64% had loans.

_________________ ______________ and ____________________ tuition are

not smart investments - the rate of return is low.

28 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
 A PROVEN PL AN FOR FINANCIAL FITNESS

baby step six:

baby step six
Pay off home _______________.

What could you do if you had _________ payments?

6
Myth: It is wise to keep my home mortgage to get the ___________ deduction.

Truth: Tax deductions are no ___________________.

Myth: It is wise to borrow all I can on my __________ (or continually refinance

for cash out) because of the great interest rates; then I can invest the money.

Truth: You really don’t make ____________________ when the smoke clears.

Myth: Take out a 30-year mortgage and __________________ yourself to pay

it like a 15-year so if something goes wrong you have wiggle room.

Truth: Something ____________ go wrong.

 Best option is a 15-year fixed mortgage.

 Payments should be no more than 25% of your TAKE HOME PAY.

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 29
do not be conformed
Romans 12:2 (NKJV): “And do not be conformed to this world, but
be transformed by the renewing of your mind...”

Definition of Insanity: “The definition of insanity is doing the same

thing over and over again expecting a different result”

People do not get the best use of their money and/or have money problems for
two reasons:

1. _____________________

2. Reflection of character _____________ ___________

The flow of money in your life and relationships represents the

_______________ ________________ under which you are operating.

Financial Problems
Men lose ___________ - ______________ because with men money usually
is a ______________________.

Women face ____________ or even ________________ because usually with

women money represents ___________________.

30 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
Singles and Their Money
Time _________________ (no time) and fatigue can lead to poor money
management.

Beware of _________________ buying which can be brought on by

_____________ or the “I owe it to myself ” syndrome.

Prevention – You need a personal trainer!

Develop an ______________________________ relationship.

A. Someone to discuss major _____________________ with.

B. Someone to discuss your _______________ with.

C. Accountability friends must love you enough to be brutally honest and

promise to do so for your own good.

D. Suggested possibilities: Pastor, Parent, Relative, Boss, etc.

Quote: “Probably the world’s greatest humorist was the man who named
them easy payments.” – Stanislas

Genesis 2:24 (NKJV): “Therefore a man shall leave his father and
mother and be joined to his wife, and they shall become one flesh.”

IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 31
Written Workout Routine
You must have a written ____________ ____________ plan.

Luke 14:28-30 (NKJV): “For which of you, intending to build a tower,

does not sit down first and count the cost, whether he has enough to finish it, 29
lest, after he has laid the foundation, and is not able to finish, all who see it begin
to mock him, 30 saying, ‘This man began to build and was not able to finish.’”

Most people hate the word “budget” because it has a ______________ and
______________ connotation, and they never had a budget that
_______________.

A good cash flow plan should be a ____________ based plan.

A very practical tool is the ____________________ system.

A written plan removes the management by _______________ from your finances

so the money works harder.

Quote: “If you want to know how rich you really are, find out what would
be left of you tomorrow if you should lose every dollar you own tonight.”
– William J.H. Boetcher

IMPORTANT: A written plan if actually lived on and agreed on will remove

much of the guilt, shame and fear that may now be part of any necessity
purchases like food and clothes.

A written plan gives the _______________ person empowerment,

self-accountability and __________________.

32 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
A written plan if actually lived on and agreed on will remove many of the
______________ _______________ from your marriage and add a new level of
unity to your marriage.

The ____________ likes the budget because it gives them control, and they feel
like they are taking care of loved ones.

The ____________ spirit feels controlled (not cared for) and can appear
irresponsible to nerds.

Quote: “How many marriages would be better if the husband and the wife
clearly understood that they’re on the same side?” – Anonymous
A PROVEN PL AN FOR FINANCIAL FITNESS

baby step seven

baby step seven: Build Wealth and _____________!

The most powerful wealth building tool is your _______________.

7
Wealth is not an escape mechanism, it is a tremendous
_______________________________.

Proverb: A wise man leaves an inheritance to his children’s children.

Have __________, _______________, and _____________.

Giving is possibly the most __________ you will ever have with money.

A Paradox: Wealth will make you more of what you are.

Psalm 62:10: If riches increase, do not set your heart on them.

Quote: No one would remember the Good Samaritan if he didn’t have

money. – Margaret Thatcher

34 IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE.
IF YOU WILL LIVE LIKE NO ONE ELSE, LATER YOU CAN LIVE LIKE NO ONE ELSE. 35