Episode · Modern Wisdom · 2025-04-24
Books mentioned on Why Smart People Make Stupid Money Decisions - Dave Ramsey - #932
Dave Ramsey is a personal finance expert, podcaster, and an author. The rules of money aren’t complicated.
Books mentioned, in the order they came up
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How the Mighty Fall
How the Mighty Fall by Jim Collins is a strategic business book that examines the distinct stages of corporate decline, demonstrating how once-great companies lose their discipline, succumb to hubris, and ultimately fail.
Discussed“And we're not going to fall for this lack of humility, this hubris that Jim Collins talks about and how the mighty fall. This is where they fall.”
Other mentions in this episode (3) — ad reads, self-promotion and passing references, never counted
Own book Financial Peace Revisited
“So, like the very first book I had come out, Financial Peace, it hit the New York Times and there was another little book uh that week or or that month that was coming along”
Own book Baby Steps Millionaires
“And so in both of those cases, I'm spending time with the wealthy or I'm spending time with a successful small business person. In either case, I'm uh appalled at how much damage the uh antisuccess movement has done to their psyche.”
Own book The Total Money Makeover
“And it was a struggle. We wanted to do that because we had the experience with the total money makeover book uh which is like 12 million copies sold now that the baby steps that we teach”