Financial Peace

  • by Dave Ramsey
  • Narrated by Dave Ramsey
  • 1 hrs and 32 mins
  • Abridged Audiobook

Publisher's Summary

Dave Ramsey is a businessman and entrepreneur who accumulated a $4-million real-estate portfolio, only to lose it all - and nearly everything else he owned - by making the same mistake millions of Americans make every day: he got too far into debt to get out. Dave Ramsey is also a Christian family man who, through the turmoil of his financial nightmare, discovered a new way of life. He shared the lessons he learned by writing Financial Peace, a simple but powerful guide that offers practical lessons on how to get out of debt - and stay out.


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Customer Reviews

Most Helpful

Starter piece

This information was helpful as a starter or motivator, but vague. I recommend Smart Kids Smart Money. The latter is much more detailed and great for all stages of money management situations whether single, newly married, planning a family, or have kids in high school and on their way to college.
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- Gina Lovingood

Excellent advice with a few caveats

This book is great general advice for someone who wishes to get out of debt and eventually build wealth. The advice on the recommended stock market portfolio, however, is extremely dated (by about 20 years) and even for that time it wasn't very sound. The author's assertion, for example, that international mutual funds outperform the general stock market is historically untrue. His lack of emphasis - and to some degree his dismissal of the impact fees make on mutual funds returns - has also proven to be false. I recommend getting your stock/mutual fund investing advice elsewhere. While this book is very weak on actual stock/mutual fund investing advice, it is very strong on understanding debt and practical approaches for getting out of it.

As long as the reader understands that this book needs to be understood in today's context/today's dollars, this is real meat and potatoes content on debt reduction and financial liberty.
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- Gianfranco P.

Book Details

  • Release Date: 05-06-2011
  • Publisher: Penguin Audio