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!

89 of 93 found the following review helpful:


Top On My List  Apr 01, 2006 By Tom Carpenter "- www.sysedco.com"
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.

56 of 57 found the following review helpful:


This book is AMAZING - if you're willing to change  Oct 07, 2005 By Erinna "financially free!"
Dave's principles are easy to apply for anyone, no matter their income. Even if you only make $24,000 a year, you can do this. The principles are simple: Live on less than you make, shed debt, don't borrow, invest wisely. The pervasive "gotta-have-it-now" conspicuous consumption mindset is addressed, in a no-nonsense style that still manages to convey warmth and caring.

He recommends extra jobs to increase income if the existing income is low. For those that view this as anti-family, consider two things: 1) Dave doesn't recommend it for the long term, only as long as is needed to get out of debt; and 2) financial freedom is a wonderful gift for your family. "Changing your family tree" is the aim. If you get out of debt, and teach your children the same principles of not spending money you don't have (i.e. borrowing), then you've changed your family for generations to come.

I did it; I got out of debt on a single-mom lower-than-national-average salary using Dave's principles. I dug out of a $24,000 pile of debt in sixteen months with this system. I am now debt-free, saving for retirement, setting aside some money for my son's education, and more financially secure than I have ever been. The plan works, if you work it. The key is personal responsibility.

Sure, Dave makes hundreds of thousands of dollars a year - now. He didn't always, and the fact that he lived what he preaches makes this book credible, interesting, and relevant.

47 of 51 found the following review helpful:


Great Explanation Of Mutual Funds & Investment Products!  Nov 03, 2005 By Brandon Hoffman "Brandon Hoffman"
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.

23 of 23 found the following review helpful:


Gain Control of Your Financial Future  Jan 31, 2008 By Rebecca Johnson "The Rebecca Review"
"Since money problems and fights are statistically the biggest problem in marriage, any one of us who is wise will be on guard against these problems and looking for ways to win." ~ pg. 207

After reading Dave Ramsey's "Total Money Makeover," I was interested in seeing what he had to say in "Financial Peace Revisited." My husband and I are reading all his books and so far we have set up a realistic budget and have almost paid off all our credit card debt. It was amazing how fast we got with the program and how quickly it works. My only advice is to give yourself time to adjust to the changes. It took me a few weeks to sit down and type out a budget (my husband initially used the worksheets in the back of the book) but I eventually did and it felt good to be in more control of our finances.

How do you control buying fever?
Can someone really become a millionaire by saving $65 a month?
Could this book really save your marriage?
How can you save money when you have credit card debt?
Are you tired of being a servant to financial institutions?
Where should I invest my money for retirement?

These are the types of questions Dave Ramsey answers...and more. I never thought books on finance could be so fun to read. In this book he also makes investing easy to understand. He gets very excited when talking about mutual funds. Some of the main ideas in this book include plans to deal with unexpected expenses (money in savings and emergency funds) and how to pay off debt quickly.

"On average, cardholders carry a $8,367 balance on their cards from month to month (160 percent increase since the past decade), paying an average 18.3 percent in interest." ~ pg. 73

I've listened to Dave Ramsey's radio show and have always found his advice helpful. I can also highly recommend his books. I also think you would love: The Total Money Makeover: A Proven Plan for Financial Fitness.

~The Rebecca Review

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