Proven Way to Get Out of Debt

I recently received a message from one of my Tips 4 Savings subscribers explaining how she was able to get her family out of debt. She briefly described how her and her husband used credit cards to pay for the majority of their stuff, and that they had a ton of credit cards.  There was a credit card for every store they made a purchase. They had always just paid the minimum balance on their cards, kept spending, didn’t follow a budget and found themselves in a deep, deep hole. She said they were able to recover using Dave Ramsey’s, The Total Money Makeover: A Proven Plan for Financial Fitness.

After purchasing the book and fully following the plan, she said it took 3 years to eliminate all of their debt. They are currently working on Steps 5-7 and said that having everything else paid off makes it much easier. They are happy and feel a sense of freedom. 

Have any other readers used Dave Ramsey's method?

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