If we join the "program" on his website, it's $90 for a whole year.
BUT I can buy the book and workbook online for less than $30 combined total.
Do we really need to do the whole program or are the books good enough?
2006-10-01 05:04:09 · 4 answers · asked by kmcdonald 2 in Business & Finance ➔ Personal Finance
We have the typical American debt - a couple credit cards, student loan, we make it just fine but arn't saving anything.
Just wondering if I should save the $60 or jump in all the way....
2006-10-01 05:09:22 · update #1
Normally with the whole program, you get one thing that you never will get with just the book, and that is the accountability group. 12 weeks of having to do the homework, write out the budget, "account" for what you spend and actually have to show it to the group each week goes a long way in getting and keeping you on the program. While there are people who can do it on their own, most of us - myself included - would not. That is where the whole program helps. Plus it is a "lifetime" membership, so once you pay you can go back and repeat any or all the lessons as needed. Whenever we find ourself getting lazy with the budget, we go sit in on a lesson or two and get re-motivated. It is worth the extra $60.
2006-10-01 05:19:27 · answer #1 · answered by dewcoons 7 · 2⤊ 0⤋
I don't know what the difference is between the book and the program, but I would go for the book. Follow that, plus you can find some great advice on motleyfool.com. If you are dedicated, you will find yourself with less money wasted, which equals more money saved.
A couple of tips I have is to track EVERY DOLLAR. (I even have an account on Quicken for "Piggy Bank", and track every PENNY, but I'm just strange.) Don't use the ATM all the time, because that will be the biggest drain on your money, because you don't know what you did with it. I use Quicken, as I mentioned, to track exactly where each dollar goes, whether it's cash, credit card, or debit card.
Another tip is to quit one bad habit. For instance, buying a Starbucks coffee 5 days a week. Do the math ($3*5 days*52 weeks=$780). Maybe you rent a movie from Blockbuster each Friday night ($4.50*52 weeks=$234), but you could save money by using Netflix, trying a mom&pop store, etc.
A fun idea is the credit card that rounds up all your purchases to the nearest dollar. Then, the extra change gets automatically deposited into a savings account and starts earning interest. Forced savings that really begin to add up.
You can do your own "program" based on books, websites, friendly advice.
2006-10-01 05:20:05 · answer #2 · answered by hisprincess 2 · 2⤊ 0⤋
You can buy the book and workbook online at amazon, half or yahoo. Try it yourself ... be consciencious. You'll be ahead right from the start. If you're serious and disciplined you can do it.
2006-10-01 05:14:34 · answer #3 · answered by KrissyD 1 · 1⤊ 0⤋
How bad is your money problem? I was able to pay off $56,000 so far just buy listening on the radio. If you are very far in debt it might not be wise to spend more.
It has taken me six years to pay that much...
2006-10-01 05:07:26 · answer #4 · answered by coolforbeer 3 · 1⤊ 0⤋