Comments on: Review: Financial Peace Revisited

By: boardmadd

boardmadd — Wed, 27 Feb 2008 18:05:08 +0000

FP and TTMM are effectively the same book but written with two viewpoints.

FP is the “this is what you should do” book, and is meant to be the “principles” component. It is designed specificaly to fit into the Financial Peace University system. I read FPR and found that it was solidly written and gives readers a sense of Ramsey’s pesonality and attitudes (anyone who listens to Ramsey’s show will see that his attitude and speaking voice is conveyed completely on the written page :) ).

TTMM is the “this is how to do it” book, and it’s much more streamlined and to the point, it’s less focused on the pinciples and more focused on creating an action plan and putting it into practice. TTMM could have been even more streamlined, but then it would lose much of its evangelical fervor, and it *is* the evengelical fervor (not in the religious sense, but just the passionate crusade of fighting for a cause) that makes Ramsey Ramsey, and ultimately what makes TTMM work :).

By: plonkee

plonkee — Mon, 30 Apr 2007 14:10:38 +0000

I’m also not a fan of
“22. Men and women think differently”
Really, its that in any relationship, its likely that each of the pair will have different view on money, not that women all think one way and men another. Of course, that’s not directed at trent.

By: Mardee

Mardee — Sun, 29 Apr 2007 11:51:36 +0000

Oops, my apologies to Trent – I should have directed that to Ramsey (and will). And good for your mom and dad! It does drive me crazy when people assume that anyone with any financial savvy must be male – I know a lot of men who wouldn’t know their way around a financial report and many women who have created considerable savings using financial skills.

By: Mitch

Mitch — Sat, 28 Apr 2007 20:07:02 +0000

“Women’s intuition” is what Ramsey called it (find TOC online), and it also suggests that the book’s readers are married men. I just have to laugh. At one point my parents were the treasurers at their church: my mom handled the accounting (she’s been using Quicken for 20 years now, so picking up QuickBooks was easy) and my dad put the stamps on the envelopes and made photocopies. The crazy part was that the minister would keep addressing all his questions to Dad, and Dad explained over and over again, “Doreen does all of that. She’s sitting right here–ask her!”

By: Mardee

Mardee — Sat, 28 Apr 2007 12:36:51 +0000

“30. Listen to your spouse’s counsel (women’s intuition)”

Women’s intuition???? No offense, but that’s a pretty sexist remark. I think you should rethink that one and give credit to your wife’s actual intelligence as opposed to her “intuition.”

By: Brad

Brad — Fri, 27 Apr 2007 20:34:47 +0000

Financial Peace came out before Total Money Makeover. I am fairly certain Financial Peace Revisited was revised after TMM came out.

He has another book, More Peace. I have it and have read it, but I cannot remember now how it different.

Brad

By: Cheryl

Cheryl — Fri, 27 Apr 2007 20:23:20 +0000

Nice job. Total Money Makeover was the turning point for me as far as finding my path to financial freedom. I read it last October at a freinds house, and it changed my life. I was wondering about Financial Peace, and after your review, seems I don’t need to read it.

By: HappyRock

HappyRock — Fri, 27 Apr 2007 20:10:09 +0000

I read Financial Peace first, and enjoyed it much better than MTMM. I do agree though that MTMM is better suited for a broader audience, and more straightforward.

I still have a soft spot for FP which was the first personal finance book I ever read. It was a very encouraging read that aided me on my plan to get out of debt.

-HappyRock

By: Sarah

Sarah — Fri, 27 Apr 2007 19:53:33 +0000

I believe, Financial Peace Revisited is intended to be a supplement to Financial Peace University which is a 13-week course that expounds upon that weeks video lesson and workbook exercises. When we took the class, the reading assignment from the book were elaborated in the video and expounded upon and discussed during small group sessions.

By: Tony

Tony — Fri, 27 Apr 2007 19:28:08 +0000

I read The Total Money Makeover first and in it he referenced Financial Peace, so I decided I would check it out. Both books do contain most of the same information but I felt as if Financial Peace delved a bit deeper into the how-to’s of some of the suggestions that you will find in the Total Money Makeover. I enjoyed both books but I do have to admit that I also listen to Dave Ramsey’s radio show daily so I may be a bit biased.