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If you’ve known me for anything over about six months, you’ll know that I’m pretty bad with money. In the years since I’ve married Kate, I’ve gotten better, sure, but you can bet your ass I’m still not where I want to be. Coming out of eleven months of being out of the job market, habits slipped a bit when the paychecks started rolling in. And after a meeting with our financial planner, Kate asked me to read Ramsey’s The Total Money Makeover, which I’m doing.
Dammit, I was right in the middle of Steve Jobs by Walter Isaacson! But. The weight of our meeting with our financial planner was still hanging over my head from the previous week, and I acquiesced right away and downloaded the book on my Kindle app.
Ramsey’s book is really inspiring me to think about money. My relationship with it has always been a bit fucked-up — and I largely blame that on my parents, who weren’t great with it. My mom has been far better than my dad/stepmom, but unfortunately, the latter pair had primary custody and their idea of teaching you how to do anything was to yell “be more responsible!” over and over again without actually explaining what that meant. (Free parenting lesson: never speak to your kids in broad generalities.)
Thinking From Ramsey
The Total Money Makeover has me really thinking about how I relate to money — my habits are shit, and I fully admit that. I also fully recognize that money is the primary source of stress in my marriage. And something’s gotta change. The more of this book I read, the more it makes sense to just take action and start paying off debt rapidly, and then building up a nest egg. Kate and I will be talking about this in the coming days, I’m sure, and we’ll be putting together a battle plan.
Moreover, a bit of information I took from Ramsey really struck a note with me — it’s not enough to read one book and go through the motions it lays out. Money needs to become an area of expertise in my life — on par with the things that I love like bikes, computers, etc. So there you have it. It’s time to start reshaping those habits and it’s time to become more informed on the topic as a whole.
I suspect I’ll be talking about this topic more in the future.[button link=”https://www.goodreads.com/danbailey” color=”red”]My Goodreads Account[/button]