Total Money Makeover by Liam

Liam's entry into Varsity Tutor's October 2020 scholarship contest

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Total Money Makeover by Liam - October 2020 Scholarship Essay

Today students find themselves in debt up to their eyeballs with student loans. Everyone wants to get a degree but no one really seems think about the burden debt will have on their future. Dave Ramsey’s the Total Money Makeover provides the baby steps parents and student need to navigate through our financial commitments in life. The day that our children are born we are faced with the everyday challenges of raising them and being great examples of financial responsibility.

The Total Money Makeover provides the key to the financial freedom. At his freedom will allow us to navigate through the seven baby steps of life and give us the opportunity to give like no other when we live like no other. My parents have shown me through their financial mistakes in life that not having a plan for your money can lead to financial disaster. They have shown me that being slave to the lender can derail many of your dreams in life because of the financial burdens.

Dave Ramsey does a great job inspiring me with success stories and examples of how families have navigated through their financial burdens utilizing the seven baby steps presented in Dave Ramsey’s book. These baby steps were created by Dave through his own financial mistakes in life. This book offers a great insight as to way families should work together creating financial goals using the seven baby steps to navigate through life.

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