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Ready to learn the most important takeaways from The Total Money Makeover in less than two minutes? Keep reading!
Why This Book Matters:
The Total Money Makeover explains to readers how they can take control of the finances of yesterday, today, and tomorrow.
The Big Takeaways:
- The trust you have in your finances is misplaced.
- If Even if you feel financial security, you could afford to make and save a bit more money.
- Being in debt is not a reality you have to live.
- Many believe that it is impossible to live within their means, but it is not valid.
- Creating a better situation for your finances starts with building a rainy day fund.
- Having a little extra in case of emergency is an excellent place to start when trying to achieve a more secure financial position.
- The next steps you should take include getting rid of your debts and building that rainy day fund.
- The sooner you can work your way out of debt, the sooner you can contribute money to a future emergency.
- Invest in your future.
- Don’t allow your future finances to scare you. Plan for your future by planning your finances.