My wife’s a teacher and her school offered a class on finances.
Yesterday we sat through a great class on finance that was based on Dave Ramsey’s course. We were given the manuals, CDs, and watched the first part of 13 video presentations.
I read his other book Money Makeover a few years ago and it gave a basic outline on how to get rid of all your debt and pay for things with cash only.
In the video yesterday, Dave Ramsey talked about buying things with cash and receiving a discount from the stores.
He said not all stores would agree to the discount but that many would.
He had a handful of cash in his hands and said who wouldn’t want cold hard cash?
I never thought of that but it did make sense. Why pay full price for something when you can offer the store all cash and get it at a discount?
Do you have a Mentor?
Mentor seems to be the buzzword these days.
They are people who are doing what you want to do. They’ve seen it and done it and could probably tell you a few stories.
These people can also be the people you call when you have an issue but can’t figure it out.
I’ve seen it used on Shark Tank. Entrepreneurs would call their life line when the Sharks make a new proposal.
The mentor is able to quickly digest the information and give you some feedback.
A mentor can be one of your most valuable people you add to your team.
Weekly Highlights
Let me not waste your time and get to the real reason you wanted to read today’s post. Below are a few stories I read that are worth reading.
Richard Branson Shares Business and Life Lessons From His Mother
Want to Really Network? Stop Using Social Networks
Entrepreneurs Take on the World — By Cruise Ship
What are article did you think was the best?
Have a great weekend!
Take care,
Tom
I know a bunch of people who enjoy Dave Ramsey and his money methods. I might have to hop on and start listening to this guy!
Dave really keeps it simple and gets right to the point. He has a lot to offer everyone.