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A review by sarahanne8382
Financial Peace Revisited: New Chapters on Marriage, Singles, Kids and Families by Dave Ramsey
4.0
If you've spent much time around me lately, you may have noticed my recent infatuation with Dave Ramsey. When I first happened to catch his radio show about a year ago, I scoffed. He sounded like my dad's financial planner on steroids. But in these difficult economic times, his no-nonsense approach to personal finance is a welcome return to simpler times when everything under the sun wasn't sold for a low monthly payment.
Financial Peace was the first book Ramsey wrote after saving himself from his own mountain of debt and beginning to work with others to help them get out of debt. It covers Ramsey's general philosophies on how debt has become so prevalent in our society, how to recover from and then avoid it, and how to get financial peace by investing wisely. His now famous baby steps are detailed in the next to last chapter of the book. I'm glad I've read this to get a better overall picture of where his advice comes from and his worldview of money and wealth, but I doubt I will reread it.
It's really hard to distance myself on this one, because I listen to Ramsey's podcast and have totally bought into his plan for eliminating personal debt. That being said, though, I can see how his refusal to finance anything (except maybe a house) could rub people the wrong way, as well as the Christian overtones to his message and the religious fervor with which people follow his personal finance teachings. Basically, Dave Ramsey is one of those polarizing personalities that people either love or hate. If you're interested in taking a simple, no-nonsense approach to debt reduction then it's worth your time to at least check Dave Ramsey out. If, on the other hand, you want a get rich quick scheme, then you're in the wrong place.
Financial Peace was the first book Ramsey wrote after saving himself from his own mountain of debt and beginning to work with others to help them get out of debt. It covers Ramsey's general philosophies on how debt has become so prevalent in our society, how to recover from and then avoid it, and how to get financial peace by investing wisely. His now famous baby steps are detailed in the next to last chapter of the book. I'm glad I've read this to get a better overall picture of where his advice comes from and his worldview of money and wealth, but I doubt I will reread it.
It's really hard to distance myself on this one, because I listen to Ramsey's podcast and have totally bought into his plan for eliminating personal debt. That being said, though, I can see how his refusal to finance anything (except maybe a house) could rub people the wrong way, as well as the Christian overtones to his message and the religious fervor with which people follow his personal finance teachings. Basically, Dave Ramsey is one of those polarizing personalities that people either love or hate. If you're interested in taking a simple, no-nonsense approach to debt reduction then it's worth your time to at least check Dave Ramsey out. If, on the other hand, you want a get rich quick scheme, then you're in the wrong place.