Rating: 
Summary: Awesome book! Get it. Read it. Do it.
Review: In Dave's Financial Peace Revisited, he tells the story of how he got rich then went broke and what he learned from it. Then, Dave tells how he took a long, hard look at our society and how totally "stupid" he was (and most Americans still are) in terms of how he viewed debt and money. Dave then relates how he re-started his own climb to financial independence in a totally different way than he did the first time. This book doesn't have a bunch of conceptual, theoretical junk. It gives you PRACTICAL, immediately implementable steps that anyone can take to get their financial house in order and tells you exactly how to go about it. If you are handling your money well, this book will help you get better. If you're struggling with your money or your relationship with your spouse due to money troubles, this book may change your life. Learn how to manage your money instead of having it manage you. I've been buying copies of this book online and giving them to the people in my life that I care about most. I couldn't recommend it higher. Good luck and may God bless you.
Rating:
Summary: Awesome book! Get it. Read it. Do it.
Review: In Dave's Financial Peace Revisited, he tells the story of how he got rich then went broke and what he learned from it. Then, Dave tells how he took a long, hard look at our society and how totally "stupid" he was (and most Americans still are) in terms of how he viewed debt and money. Dave then relates how he re-started his own climb to financial independence in a totally different way than he did the first time. This book doesn't have a bunch of conceptual, theoretical junk. It gives you PRACTICAL, immediately implementable steps that anyone can take to get their financial house in order and tells you exactly how to go about it. If you are handling your money well, this book will help you get better. If you're struggling with your money or your relationship with your spouse due to money troubles, this book may change your life. Learn how to manage your money instead of having it manage you. I've been buying copies of this book online and giving them to the people in my life that I care about most. I couldn't recommend it higher. Good luck and may God bless you.
Rating:
Summary: Light at the end of the tunnel
Review: In Financial Peace Revisited, Dave Ramsey's principles show you how to get out of debt and accumulate wealth. Using spiritual guidance, he teaches easy-to-follow rules to help you pay off debts. He recommends ways to change your spending habits, ways to be a bargain shopper, and ways to save your money. After learning these principles, you can apply them to your life to help you get in control of your life.
Ramsey begins by telling his personal story of bankruptcy. After explaining to the audience that this could happen to anyone, he gives the steps, chapter by chapter, that you need to improve your way of life without having to hit the bank. One of his main points focuses on getting rid of bad debts. He says that one should put all debts in order from smallest to largest. After doing that, you should focus on paying off the smallest one. Once that one is paid off, you should continue to the next smallest one. Eventually, all your bad debts have been eliminated. Ramsey recommends that you never use credit. He says that you should only buy something when you have the money for it.
Ramsey has a good sense of what needs to be done to get a person out of debt. He is able to tell of his own personal stories to let a person know that it is possible to get out of debt, no matter how far in the hole you may be. His personal experience tells a person that these principles really do work. He makes valid arguments in saying that you should never buy on credit. If you only pay cash, you do not have to worry about getting into debt to begin with.
I personally agree with the principles that Ramsey is trying to teach us as readers. He is very helpful in teaching simple, easy-to-follow rules that anyone can live by. I think it is important for a person to realize that it is possible to stay out of debt. It is possible and easy to do.
Financial Peace Revisited has shown me ways to keep myself out of debt and how to accumulate wealth. I personally know plenty of people that live by Dave Ramsey's principles. Everyone has said how much his principles have helped and how happy they are to be out of debt. There is nothing more satisfying than knowing that you do not owe anyone money. By using Dave Ramsey's advice, you too can be debt free and on your way to a better life.
Rating:
Summary: A Critique of Financial Peace Revisited
Review: In Financial Peace Revisited, Dave Ramsey's principles show you how to get out of debt and accumulate wealth. Using spiritual guidance, he teaches easy-to-follow rules to help you pay off debts. He recommends ways to change your spending habits, ways to be a bargain shopper, and ways to save your money. After learning these principles, you can apply them to your life to help you get in control of your life.
Ramsey begins by telling his personal story of bankruptcy. After explaining to the audience that this could happen to anyone, he gives the steps, chapter by chapter, that you need to improve your way of life without having to hit the bank. One of his main points focuses on getting rid of bad debts. He says that one should put all debts in order from smallest to largest. After doing that, you should focus on paying off the smallest one. Once that one is paid off, you should continue to the next smallest one. Eventually, all your bad debts have been eliminated. Ramsey recommends that you never use credit. He says that you should only buy something when you have the money for it.
Ramsey has a good sense of what needs to be done to get a person out of debt. He is able to tell of his own personal stories to let a person know that it is possible to get out of debt, no matter how far in the hole you may be. His personal experience tells a person that these principles really do work. He makes valid arguments in saying that you should never buy on credit. If you only pay cash, you do not have to worry about getting into debt to begin with.
I personally agree with the principles that Ramsey is trying to teach us as readers. He is very helpful in teaching simple, easy-to-follow rules that anyone can live by. I think it is important for a person to realize that it is possible to stay out of debt. It is possible and easy to do.
Financial Peace Revisited has shown me ways to keep myself out of debt and how to accumulate wealth. I personally know plenty of people that live by Dave Ramsey's principles. Everyone has said how much his principles have helped and how happy they are to be out of debt. There is nothing more satisfying than knowing that you do not owe anyone money. By using Dave Ramsey's advice, you too can be debt free and on your way to a better life.
Rating:
Summary: Why do I feel like a idiot reading this book?
Review: 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.
Rating:
Summary: Awesome
Review: 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.
Rating: 
Summary: Mutual funds do not guarantee financial peace
Review: One of the authors failed at a real estate business (even though he came from a real estate family). He is living proof that not everyone can be Donald Trump. And that is a good thing for people to be aware of. The essence of the advice this book is offering can be found on page 133: "Disciplined savings will outpace any investment scheme." Next the question is, what do you do with your savings? Their answer is mainly mutual funds. The risk in buying individual stocks, they claim, is astronomical. If the stock market continues to be relatively stable, "financial peace," I think, can be achieved by following the authors' formula, but not if there is an extraordinary financial crisis. If an unusually large stock market crash did occur, a lot of mutual funds would start to look like "investment schemes." Financial peace for many people would be shattered. I deduct one star because the authors place too much faith in mutual funds. Mutual funds, after all, do invest in individual stocks that are traded on the stock market.
Rating:
Summary: Mutual funds do not guarantee financial peace
Review: One of the authors failed at a real estate business (even though he came from a real estate family). He is living proof that not everyone can be Donald Trump. And that is a good thing for people to be aware of. The essence of the advice this book is offering can be found on page 133: "Disciplined savings will outpace any investment scheme." Next the question is, what do you do with your savings? Their answer is mainly mutual funds. The risk in buying individual stocks, they claim, is astronomical. If the stock market continues to be relatively stable, "financial peace," I think, can be achieved by following the authors' formula, but not if there is an extraordinary financial crisis. If an unusually large stock market crash did occur, a lot of mutual funds would start to look like "investment schemes." Financial peace for many people would be shattered. I deduct one star because the authors place too much faith in mutual funds. Mutual funds, after all, do invest in individual stocks that are traded on the stock market.
Rating:
Summary: 'Financial Peace' Is Mandatory Reading
Review: Reading this book should be a high-school graduation requirement. The advice Dave Ramsey presents here is so powerful, so sensible, so "Duh! Why didn't I think of that?" - and yet so many people find themselves in trouble because they've never learned these sound principles. Ramsey learned the hard way - through his own devastating experiences - and is now out to keep that from happening to the rest of us. Even if your financial house is perfectly in order, or you think it is, you should read this book. You won't regret it.
Rating:
Summary: Life Changing Advice
Review: Sometimes the obvious is right in front of you, but it takes someone else to point it out. Dave Ramsey does just that in this great book. His advice is sound and doable. By following his baby steps and starting my own debt snowball, I have changed the way my family and I look at our finaces and provided for a much better future.
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