Todd Capital Book Club: The Total Money Makeover

Greetings friends, family, members and followers.  Great things are happening at Todd Capital. We are in the process of ordering club polo shirts and t shirts that will be free to our members and low cost to general supporters.  These shirts will help us expand the movement.  IMG_8899.JPG

We are also almost back to even in our UA position.  Doubling down on that position was a great move!  Additionally, we are seeing the real estate investment club contributions come in and if we keep things on track we should be acquiring property in the next six months.  2017 is going to be amazing but I don’t want to leave anything on the table in 2016.  Don’t start coasting now, sprint through the finish line.  We still have a fifty member goal and we still have time to cross the $10,000 threshold.

tmmo_hardcover.jpgThis weeks book is on my top ten list because the principles he shares are literally life changing.  After you have read a book it is hard to imagine the person you were before because the new paradigm becomes your new mind and you forget how your old mind thought.  That said, before this book I was just guessing and checking when it came to personal finance.  This book gave me the blueprint for how I got out of debt, increased my savings and “lived like no one else so later I could live like no one else”.  I have said this before but success is an aberration.  Therefore, if you are doing what everyone else is doing you will have what everyone else is having, which isn’t success!  Dave Ramsey is a great speaker and writer who writes from personal experience of living high on the hog to going broke and then realizing that frugal is the way.  From my personal experience through my multiple millionaire mentors I can tell you that frugal is the way to wealth.

In this book Dave speaks about the baby steps.  Those steps are listed below:

  • Baby Step 1 – $1,000 to start an Emergency Fund
  • Baby Step 2 – Pay off all debt using the Debt Snowball
  • Baby Step 3 – 3 to 6 months of expenses in savings
  • Baby Step 4 – Invest 15% of household income into Roth IRAs and pre-tax retirement
  • Baby Step 5 – College funding for children
  • Baby Step 6 – Pay off home early
  • Baby Step 7 – Build wealth and give!


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If  you adhere to these steps you will be head and shoulders above you peers.  I know because I have done it, I know people have done it and it works.  Check out the book and we will start discussing them on a weekly basis via google hangouts.  The goal is to create a real personal development and personal finance book club.  Discussion generates thought, thoughts generate ideas and ideas create wealth.  There has been more gold mined from the minds of men that any natural resource.  I look forward to reading and working with you more and more.

Be Great!

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