Repeat until all debts except the house mortgage are paid off. When the smallest debt is paid off, add that money to the payments of the next smallest debt. Use any available money to pay as much as possible to the smallest debt. Make only the minimum payments on all except the smallest debt. This means to list all debts arranging them by smallest to largest amount. Get out of debt using the debt-snowball method.The book teaches the seven "baby steps" to follow in order to achieve financial stability, planning ahead for upcoming financial events, like retirement, and shares stories of individuals and couples that have done so successfully using The Total Money Makeover. The Total Money Makeover teaches how to get out of debt, how to budget, and corrects money myths. It proposes methods of getting out of debt, staying out of debt, and corrects myths about money. The Total Money Makeover: A Proven Plan for Financial Fitness is a personal finance book written by Dave Ramsey that was first published in 2003.
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