All Your Worth: The Ultimate Lifetime Money Plan by Elizabeth Warren
My rating: 4 of 5 stars
This is basically Dave Ramsey's plan which I think already existed when this book was written. (Dave published Financial Peace in the 1990s.)
Similarities to Dave: This book is mostly about the evils of credit cards and debt in general. While they don't recommend paying the smallest debt first (classic Dave Ramsey) but neither do they insist you pay the highest interest rate debt first.
Bad differences from Dave: The authors suggest doing a bunch of worksheets that I have no interest in whatsoever.
Good differences from or additions to Dave: One new idea is dividing your needs (50% of income), savings (20%), and fun (30%). The authors discuss how to make sure your fun spending is actually fun and not guilt or emotional-hole spending. Asking for medical discounts and free samples of drugs. Getting drugs from Canada. Good marriage advice. Good warnings about how everyone in the system is trying to rip you off. Warnings about owning a home may or may not be a good deal (including a discussion of closing costs, fees, shady mortgage practices).
One particularly interesting thing is that the authors' concerns about job loss, shady mortgages, and foreclosure seem prescient given that this book predates the 2007-2008 financial crisis.
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