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A review by lacecarol
Financial Peace Revisited: New Chapters on Marriage, Singles, Kids and Families by Dave Ramsey
This is a self-help/finance book so I feel weird about rating it. I think this is a great starting place for beginners, but there are some concepts in this book that are very outdated.
For example- he is so anti-credit card. Credit cards can be an amazing tool if used responsibly. Or that you should use the envelope method to budget/save money. While this works, having money sitting in a HYSA is a much smarter method today. Or the debt snowball method. This is not necessarily incorrect, but I think tackling the highest-interest debt first should be the #1 priority.
Again- good for beginners and easy to understand- I also enjoyed that he incorporated his faith into the book.
For example- he is so anti-credit card. Credit cards can be an amazing tool if used responsibly. Or that you should use the envelope method to budget/save money. While this works, having money sitting in a HYSA is a much smarter method today. Or the debt snowball method. This is not necessarily incorrect, but I think tackling the highest-interest debt first should be the #1 priority.
Again- good for beginners and easy to understand- I also enjoyed that he incorporated his faith into the book.