Financial Peace Revisited by Dave Ramsey
|
List Price: Our Price: $10.98 You Save: $15.97 (59%) Availability: Usually ships in 1-2 business days Buy Used: from $3.11 (click here) Category: Book See more book details and other editions |
|---|
Book Reviews of Financial Peace Revisited
Book Review: Take control of your finances again
Summary: 5 Stars
I thought I was doing OK with managing my finances, but this book (along with the 13-week course) really helped me to regain disciplines that I had let slide - like writing a budget and actually updating it, planning how my income is to be spent rather than trying to work it all out in my head, learning to say "no" or "not yet" to myself in favor of paying off debts. I'm now free of debt and building up my savings. I'd recommend the book to anyone wanting to take control of their finances again - even better, do the course! There's nothing like a roomful of people going for the same goals to inspire and encourage you along your own journey to financial freedom.
Easy to read, simple to implement principles make Financial Peace Revisited a must-have for adults and a great teaching text for young people as well.
Book Review: Awesome
Summary: 5 Stars
No matter your financial situation this book will help you improve your finances. This book shows the dangers of all debt period. Dave provides 7 easy "Baby Steps" to follow to get out of debt and acquire wealth. Following his 7 baby steps will change your family tree. He stresses the importance of having a written budget each month before the month starts, but I really think this should have been the first baby step due to how important it is.Baby Steps:
1.) ...emergency fund
2.) Debt Snowball
3.) Fully Funded Emergency Fund (3-6 months of expenses)
4.) 15% income towards retirement
5.) College Fund for children
6.) Pay off the mortgage
7.) Acquire wealth and give
I would highly recommend one of his live events if you ever get the opportunity.
Book Review: Why do I feel like a idiot reading this book?
Summary: 5 Stars
Maybe I feel like a idiot because Ramsey showed me that financially I am and have been an idiot. Ramsey's emphasis on debt elimination instead of debt management is a challenge to the very system we have bought into and if widely accepted would blow a hole in the banking industry's profits.
Perhaps the most valuable tool in the book is the concept of the debt snowball. Most of us want to attack our big debts, but Ramsey suggests putting those in a holding pattern and paying smaller debts. As each of these pay off, attack the next debt on the list until paid. The funny thing is it makes so much sense, you first wonder why you didn't think of it and secondly how could you be so stupid.
This book might be the best wedding present a parent could give their child.
Book Review: Simply the Best Way to Tackle Personal Finance
Summary: 5 Stars
The bottom line is that personal finance is not complicated, it is difficult. In order to really tackle personal finance and debt, individuals need to hit the ground running with determination, persistence and enthusiasm. This book will help you to do all three. It presents a timeless plan to stock up on an emergency fund, eliminate debt, pay the house off and begin investing.
In addition, if you are ready to graduate and take your investing to the next level, this book is part two of your road map:
My Happy Assets
My Happy Assets
Book Review: Worth giving as a gift!
Summary: 5 Stars
This book has so much useful information in it! After reading it for myself, I bought one for my son and daughter-in-law as one of their Christmas gifts for this coming Christmas. I want my daughter to read it as well. She's 16, but already has her own checking account. I would like for her to be better prepared than I was at her age. Even though I've been married for 26 years, I still learned from Mr. Ramsey's wisdom, and I was encouraged to find I have already implemented some of his skills. His money management skills are sure winners, although I tend to balk a little at his views on credit cards. There are some occasions when they are a necessity in life, but I agree that it is too easy for them to be misused.