Other than having complete hyperbole for a title, this book is actually quite realistic. The author aims to have readers actually give some thought to what they think they know about personal finance. For example, she claims it is a myth that buying a home rather than ranting is always the best financial option. She encourages readers to actually do the math where that is concerned. If it turns out that renting is more financially beneficial but that home ownership fulfills emotional needs so that, taking into account non-financial factors, ownership wins out, that's fine. Her point is that everyone should make these kinds of decision with eyes wide open and actually run the figures to see what their reality is.
After debunking a number of these so-called myths (which may or may not be true and applicable in any given situation), Ramsey offers a second part in which she proposes a three-step plan for readers to apply to their lives and achieve their financial dreams: first, figure out where your money goes -- actually track your spending, rather than just state you spend "a lot" on meals out or "not that much" on hobbies; then take inventory of what your financial dreams are, both practical (i.e. paying off debt, saving for retirement) and less so (i.e., travel, hobbies). Prioritize these dreams and plan your finances accordingly, establishing when you will start saving to make these dreams happen.
It's a very practical approach. It requires anyone wanting to apply it to be willing to face reality and give some thought to money in general and their own finances in particular, and match that up with their personalized goals and aspirations. It's the kind of common sense that somehow does benefit from being spelled out. ( )