Does the Dave Ramsey book help if you're already in a bad spot?

It does help you get out of hard times, people may not agree on his stance on gold, but he;'ll help you get out of debt.

I love Dave Ramsey and his financial plan. Basically, these are the Baby Steps of his financial plan: 1. Save $1,000 Baby Emergency Fund 2. Pay off all debts except for your home mortgage 3. Save a Fully Funded Emergency Fund of 3 to 6 months of living expenses 4. Save 15% of your income towards retirement 5. Save for your children's college education 6. Pay off your home mortgage early 7. Build wealth and give I think it is a very sound financial plan. Read the book and check out his radio show on his website. It is very motivating. We started in February 2007 and have paid off $8,000 already ($36,000 to go). I am blogging about my progress following his steps at http://www.findingfinancialpeace.blogspot.com. Good luck!

it is really a situation you have to take care of yourself. I have spent much money and even more time reading self help books about money, making money, saving, getting out of debt, etc. Unfortunately, I discovered unless I spent much, much less, turned some assets into cash, got rid of all my credit cards except one gas card and one bank account charge card, that I would not turn myself around financially. Also, a very important part of the equation is trying to get a good paying or better paying job so more income is coming in...but that isn't always possible. But I wish you the best luck....hang in there. and when you have turned yourself around financially, you will be very happy you with that accomplishment.