Last month, I completed reading the book “Financial Peace” by Dave Ramsey, a popular Christian personal finance author in the US. It took me almost two months to read the whole book. In the past, I don’t read much, only if it is required in the school. I don’t like reading books because for me it is boring.
However, when I came here in Korea, I became interested in financial education and investing so I begun reading books about personal finance. All in all, I already read five or six books such as Pera Mo, Palaguin Mo by Francisco Colayco; Rich Dad, Poor Dad by Robert Kiyosaki; The Richest Man in Babylon by; The Next Door Millionaire by Thomas Stanley; The Self-Made Millionaire by Adam Khoo and Financial Peace by Dave Ramsey. Currently, I’m reading Stop Acting Rich by Thomas Stanley.
I’m planning to make a book review about these books and hopefully I can post it here in this blog to give you some ideas about what the book is telling about personal finance, investing and career. But for this moment, I want to share with you my insights and review on Financial Peace.
Review of Financial Peace by Dave Ramsey
Overall, I like the book because it is not boring to read. It has many examples of real people whom Dave Ramsey counselled and taught in the past through his radio program and lectures. This book is for everyone who wants to have financial peace in their life.
The book’s main focus is on debt elimination by how to pay debt in systematic approach and careful planning. Ramsey also told his own story how his family got into too much debt that he lost almost all his savings and investments. Actually, at the age of 26, he became a millionaire through real estate investments but all of it was lost and he got troubled with so many debts he incurred.
The book was divided into short chapters which is good for people who are starting reading financial books. At the end of each chapter, Sharon Ramsey wrote her insights about the topic her husband wrote.
Ramsey used common words in English so it is easier for readers to understand. I found also few technical words that a reader may not understand or will be having a hard time to comprehend but most of the word he used are plain and simple English.
Financial Peace Puppies
This part of the book is also what I liked which summarizes the overall ideas of the chapter. Financial Peace puppies are like giving advices to the readers in one sentence which you can memorize and understand easier. There are many peace puppies mentioned in the book and all of it are helpful in attaining financial peace in your life. If you want to start having peace in your life, you can start by reading this book!