Financial Peace Revisited by Dave Ramsey
Have you ever participated in Dave Ramsey’s Financial Peace University? If so, what’d you think about it?
Ok, I’m actually reviewing a non-fiction title for the first time in ages. My husband decided we needed to read this book together in order to get our finances in order. Initially, he wanted to do Dave Ramsey’s Financial Peace University through our church. I told hubby that I didn’t have time to attend Ramsey’s FPU and I could already give him a rundown of some of the items that Ramsey would cover both in the University and in his book. It turns out I was pretty accurate.
I thought this book gave good, practical, Christian advice about managing your finances. A lot of the material I was familiar with because, back in my earlier days, I was deep in debt and I used my highly practical mind to get myself out. A lot of the things that I did to get my finances in order back then were covered in Ramsey’s book. He talks about creating a Debt Snowball where you list all your debts and then pay off the ones with the lowest balances first. He also covers other topics such as savings, mutual funds, retirement accounts, etc.
My finances were in order until I got married and we had a child. Things just got kind of haywire and I didn’t give finances the attention they deserved as I did in my earlier/single years.
A lot of the stuff in this book was familiar to me bacause I have a degree in Finance and I work in the accounting/finance field. I don’t really talk about that much on this blog since my passion is fiction writing.
So, have you ever participated in Ramsey’s Financial Peace University? If so, what’d you think about it?
My husband and I participated. Envelope system and all. It changed our lives when we applied it. We also have been teaching it to our children and the college age students we pastored.
God blesses good steweardship, bottom line! 🙂 Have a great weekend!
Hi, Jessica
Although we’ll probably use most of the outlined principles in the book, I doubt we’ll be using the envelope system. Don’t get me wrong, it seems like a great idea. But, I can’t imagine myself going to the bank each payday, making a check out to myself, and keeping envelopes of cash in my purse. We do plan on using our ATM debit card and making sure we pay attention to our withdrawals – I used to keep track of that stuff years ago and we need to get back into that habit! Have a great weekend!
He recently spoke at our church. An amazing man.
Kym, thanks for stopping by and commenting. I’ve heard lots of good things about Ramsey.