Financial Peace Revisited (Hardcover)

by Dave Ramsey (Author) "AS I STOOD PUTTING GAS in my Jaguar, the cold damp January wind chilled me and seemed to dampen my spirits even more..." (more)
Key Phrases: financial peace, big bargains, competent children, Keep It Simple, The Borrower Is the Servant, Develop Your Own (more...)

Editorial Reviews

From Publishers Weekly
An updated, expanded version of Ramsey's first book about overcoming debt and managing personal finances, this edition boasts new chapters on the relationship between money matters and family matters. (Originally self-published in 1992, Financial Peace had its sales bolstered by Ramsey's eponymous personal finance radio talk show; the 1997 Viking edition became a business bestseller.) When it comes to solving money problems, Ramsey knows whence he speaks: he had made and lost a real estate fortune by age 30. His straightforward guide to fiscal tranquility covers the basics of career (work hard in a job you're good at), savings (sock away 10% of your take-home pay), investments (invest long-term with pretax dollars) and spending (live below your income). The new chapters offer financial advice for singles, spouses and parents-agreeing on money matters, Ramsey says, leads to "fabulous unity" in a marriage. Commentary from Ramsey's wife, Sharon, concludes each chapter; while often a bit drippy ("Communicating with those closest to you is important. A lot of times this will be your spouse or your best friend"), it puts another reassuring layer on an already warm (sometimes Christian-themed) and helpful text.
Copyright 2002 Reed Business Information, Inc.

Product Description
Dave Ramsey knows what it's like to have it all. By age twenty-six, he had established a four-million-dollar real estate portfolio, only to lose it by age thirty. He has since rebuilt his financial life and, through his workshops and his New York Times business bestsellers Financial Peace and More than Enough, he has helped hundreds of thousands of people to understand the forces behind their financial distress and how to set things right-financially, emotionally, and spiritually.

In this new edition of Financial Peace, Ramsey has updated his tactics and philosophy to show even more readers:

* how to get out of debt and stay out
* the KISS rule of investing-"Keep It Simple, Stupid"
* how to use the principle of contentment to guide financial decision making
* how the flow of money can revolutionize relationships

With practical and easy to follow methods and personal anecdotes, Financial Peace is the road map to personal control, financial security, a new, vital family dynamic, and lifetime peace.

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Product Details

• Hardcover: 352 pages
• Publisher: Viking Adult (January 27, 2003)
• Language: English
• ISBN-10: 0670032085
• ISBN-13: 978-0670032082
• Product Dimensions: 9.1 x 6.1 x 1.2 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars See all reviews (82 customer reviews)
• Amazon.com Sales Rank: #1,255 in Books (See Bestsellers in Books)

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  #1 in	Books > Professional & Technical > Accounting & Finance > Accounting
  #2 in	Books > Religion & Spirituality > Christianity > Christian Living > Business
  #2 in	Books > Business & Investing > Economics > Public Finance

Customer Reviews

Most Helpful Customer Reviews

57 of 58 people found the following review helpful:

5.0 out of 5 stars Top On My List, April 1, 2006

By	Tom Carpenter "- www.sysedco.com" (Marysville, OH) - See all my reviews (TOP 500 REVIEWER)

I've read at least two dozen books on money management and wealth creation, including the Rich Dad series (which is also great by the way), and I have to place this book in the number one spot. I've purchased copies for many friends and family members and continually recommend it to people in my seminars. I really believe it can change your life... it did for me.

I was working hard and earning a great income of more than $100k per year, but I was also spending it all. Then changes came and I plunged down, suddenly, to less than $35k per year. For some people that's a lot of money, but imagine you've been earning $35k per year and suddenly it fell to $15-18k - that's about what I felt like emotionally. Then I cam across Dave's materials and my life was literally unlocked.

I learned that I needed to manage my money to manage the rest of my life. I discovered that stress can disappear - even in the modern world - when you've taken care of your primary needs first and provided a security blanket for the future.

Today, I have a bank account that will keep me going for about a year even if my funds were completely cut of and, borrowing from another excellent book, I have multiple streams of income.

Since reading Dave's book, I've read the entire Rich Dad series, the Multiple Streams of Income and Multiple Streams of Internet Income books and many others on finances. They've all added to my life, but this book is the one that started my journey and gave me the needed principles to evaluate opportunities and options that come my way.

You'll love this book.

42 of 42 people found the following review helpful:

5.0 out of 5 stars My favorite personal finance book, December 31, 2003

By	Melissa Kaye (Texas) - See all my reviews

The original edition of this book was the first book I read on personal finance and I still think it's the best one out there. Dave's personal story of how he lived the "rich lifestyle" and then lost it all really speaks to the myth of "having it all". He makes the point that we don't have to "have it all" (or "own it all") to be happy. That said, he offers a very solid and straight-forward plan on how to break out of the debt cycle and save for the future. The book includes a number of ways to change your thinking and your habits to make you more financially secure.

Since reading this book, I have put many of his ideas into practice. There is nothing that has added to my personal happiness and security more than knowing I have an emergency fund to cover expenses if something unexpected happens. I am also almost debt-free and have money saved for retirement.

I have recommended this book to others and have even bought a copy (I originally read this at the library) just so I can read it again and lend it to friends. Everyone needs to read this book!

34 of 34 people found the following review helpful:

5.0 out of 5 stars Great Explanation Of Mutual Funds & Investment Products!, November 3, 2005

By	Brandon Hoffman "Brandon Hoffman" (Suffern, NY) - See all my reviews (REAL NAME)

I first heard Dave Ramsey on Sirius Satellite Radio. After that I was conviced to buy his book "Total Money Makeover" which I thought was great. Having loved that book I decided to venture back to his previous book "Financial Peace: Revisited"

I initially feared this book would be too much like "Total Money Makeover" and that I would be wasting my time reading the same information I already knew but quite the contrary. This earlier work is less about his baby steps program and more about saving in general. I thoroughly enjoyed his chapters on Insurance, Investment Products & Mutual funds. If you have a child or even a spouse or family member that is interested in aquiring a better understanding of what a mutual fund is and how it works, this is the best and easiest to understand explanation that I have seen to date.

I personally wish there was less religious attributes mentioned in Dave Ramseys teachings but no one is perfect. I reccomend this book to anyone who would like an easy to read book on the topic of money & savings.