I recently received a copy of Dave Ramsey's The Money Answer Book from BookSneeze for review. After procrastinating for a couple of days, I finally got around to reading it late last night.Whether you are familiar with Dave Ramsey or not, the Money Answer Book gift book is definitely worth the easy read! This newest offering from Mr. Ramsey is essentially a "simplified" version of The Total Money Makeover, re-arranged as a Q and A with the following topics:- The Basics- Debt, Credit and Bankruptcy- Relationships & Money- Budgeting- Saving and Investing- College and Student Loans- Stewardship- Insurance- Retirement & Estate Planning- Automobiles- Real Estate and MortgagesFor those that are familiar with Dave and his previous books, this gift book can serve as a GREAT reference. Those readers who aren't familiar will attain some valuable information to get better control over their finances. While it doesn't go into great depth (each question/answer is approximately 1-1.5 pages long), it does make clear Dave's philosophies on the handling of finances and that we should be good stewards of all that God has blessed us with financially. The book also makes clear his dislike of credit cards, as you can tell from his "Top Two Ways To Be Money Smart":1. Say "NO" to credit cards2. Make a budget. Write it down. Give every dollar a nameI like the fact that all the info is condensed into one nicely-sized book; small enough to fit easily on the bookshelf, or in your desk drawer for easy access. The Money Answer Book is definitely recommended, and will make a great gift for dad, grad or newlywed. I plan on getting a couple to give as gifts!Enjoy.Disclosure: I received this book 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. I am disclosing this in accordance with the FTCs 16 CFR, Part 255.
I just received The Money Answer Book by Dave Ramsey yesterday, and have finished it already! (Even though I have a stack of other books to finish and blog right here on my desk!) It was a short book but tons of financial wisdom was packed in! I highly recommend it!I've heard of Dave Ramsey for a few years now, and read a lot of his stuff online. I've loved everything I have read and heard, but have never actually gotten one of his books because my husband's philosophy on money is so different than mine. Now that I have read one of his books, I am definitely on board with his ideas!This book covers The Basics, Debt Credit& Bankruptcy, Relationships & Money,Budgeting, Saving & Investing, College &Student Loans, Stewardship, Insurance, Retirement & Estate Planning, Automobiles and Real Estate & Mortgages. Disclosure of Material Connection: I received this book free from Thomas Nelson Publishers as part of their Book Sneeze book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commissions 16 CFR, Part 255 : Guides Concerning the Use of Endorsements and Testimonials in Advertising.
The Money Answer Book by Dave Ramsey is a book that answers some of the most common questions Dave Ramsey hears on his radio show. He answers questions such as, "My husband just left me. How do I protect my credit?" and "Will I retire with more money if it's invested in a Roth IRA or a traditional IRA?"This is a pretty good book. I have a different perspective on debt than Dave Ramsey. Dave Ramsey starts the book with, "No matter what I don't borrow money." That seems a little ridiculous to me. If you need medical treatment, of course you borrow money. If you're out of work for three months, you might have to put groceries on the credit card. However, I do like a lot of his suggestions such as paying cash for things (it "hurts" more than swiping a debit card) and using an envelope system to help you stay on budget. He even covers things like why you should pay your children for doing chores. He gives good advice, and it's an easy read. Since it's broken up by sections such as "Debt, Credit & Bankruptcy" and "Relationships & Money" you could easily skip around to a section you have questions about. I was impressed that Mr. Ramsey stressed the importance of tithing. Mr. Ramsey also goes over some of his basic ideas which he calls baby steps so you get an overview of what he talks about in his other books, The Total Money Makeover and More Than Enough. Disclosure: Thomas Nelson provided me with a complimentary copy of this book in exchange for writing a review.
No Matter what: I dont borrow money.No Matter what: I give a tenth of my income to my local church in the Name of the Lord.No Matter what: I dont spend over $300 without first talking to my wife.When I first opened this book, those were the words I read. As I went through the book I found myself quickly bombarded with sound financial advice. This book is a quick guide to a vast variety of situations, from debt and savings to having kids, retirement and estate planning.I really liked this book. Being the young person I am, I know I will need much of Daves advice for years to come. It even includes advice for freelance and self-employed people like me. The only slight dislike I have is the lack of index, as some topics could be placed in multiple chapters.The graphic design of the book is simple, but well done. The edges of the pages are green, as are quotes and titles. Each topic takes up 2-3 pages, formatted much like my favorite The War of Art. If youre looking for a quick guide, this is a great book to add to your collection."Disclosure of Material Connection: I received this book free from Thomas Nelson Publishers as part of their BookSneeze.com book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commissions 16 CFR, Part 255 : Guides Concerning the Use of Endorsements and Testimonials in Advertising."