Thursday, May 6, 2010

This 'Money' book actually HAS the answers!

I'm happy to introduce a new category of post on SoSaje - the Christian book review! Call it a 'wish I'd written that' perhaps. :-) A friend connected me to the BookSneeze blogger review program from Thomas Nelson Publishers, and I am having a blast! Please continue reading below for my first book review, and I hope you will join me for more in the future. :-)

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I devoured The Money Answer Book by Dave Ramsey during one airplane flight, and upon landing I immediately sent a text message to my husband: "On the ground again. :-) Beautiful flight. Oh, by the way, I LOVE Dave Ramsey. Pretty sure after reading this book that you will too."

I had no prior exposure to Dave Ramsey (or any of his various programming), and I found The Money Answer Book to be a great starting point for someone wanting to get a broad introduction.

The subtitle is 'Quick Answers for Your Everyday Financial Questions,' and with chapter topics ranging from Budgeting, to Automobiles, to Retirement & Estate Planning, he addresses a lot of subjects. Each question (such as "How do I get started on managing my money?") is followed by a one or two page discussion. He also offers several worksheets that will help you specifically target where your finances stand.

Ramsey is quite blunt, and does not skirt around the fact that solving tough financial problems is going to require some WORK! But he is also compassionate, understanding from personal experience that people make mistakes, and that the current financial society is NOT engineered to help you make wise choices.

At the root, he is trying to help people address and change the behaviors that cause financial distress - not just apply a band-aid to the symptoms. I found his suggestions and analysis to be accessible, understandable and applicable in the real world.

If you're already familiar with Dave Ramsey or keep up with his other offerings, this book might be a re-tread of material you have seen before. If you're looking for a primer or an overview to decide if Dave Ramsey is right for you - this IS the book you want to read. I'm not saying you have to buy it (check it out at the library!), but for a very short investment of your time, you may reap great rewards toward your family's financial health and your peace of mind.

(( Disclosure: I received this book for free from Thomas Nelson Publishers as part of their book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. ))


Sue Runyon said...

What a neat thing to do. Glad you really liked the book too :-)

Julie Riisnaes said...

Sounds like a useful book and a great reading website too!

Graceful Moments said...

Like your new feature...and I love Dave Ramsey. Wish he had been doing this about 20 years ago!