In college, my family took Financial Peace University in a small group on Sunday mornings. It was a really great experience and I highly recommend it to anyone.
A friend of ours gave us a copy of his book for a wedding present. We’ve been married 2.5 years and I’m just now getting around to reading it. I have some interesting views about the book itself.
Dave Ramsey knows what he is talking about. He’s been there and he’s bounced back incredibly. He’s taken his journey and made it into a step by step for those trying to find financial peace and to give their money a makeover.
Dave really drives hard the dos and donts. That’s ok, some of us need the dos and donts in our lives. But this first part of the book is really harsh and reads a little chunky. I read it as a list of donts, but not anything that is really applicable.
The next part of the book is a lot better. Dave lists out his baby steps, and they are quite attainable. Slowly work to through each of the steps. If one of the previous steps falters, go back to the step and start again from there. It’s a method that works. I’m working through each one myself, and there are times when I get my emergency fund one month, but then need to do it again the next month.
This is not something that happens overnight. It takes time and work. But it can put you on the right path to never have to worry about money again, and I like that idea.
Dave’s plan does not allow for fun stuff, it’s a pretty strict plan. So don’t go into it thinking you can still live they way you are currently living.
Also, I personally recommend skipping the book and going straight for Financial Peace University, I learned a lot more from that than this book. And you can find his baby steps on Youtube.
Total Money Makeover by Dave Ramsey receives 3 stars.