The Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family's Financial Health
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Get out of debt and stay out with the help of Dave Ramsey, recently seen by millions of Today Show viewers. His practical regimen, first set forth by The Financial Peace Planner, which will be published by Penguin in January 1998. Loaded with inspirational insights that come from personal experience, this set of books is the most valuable purchase a debt-ridden reader can make.
Barry and Emily learned was to call ahead, whenever possible, and find out whether they could afford the designated restaurant. There’s no point in budgeting if you don’t plan to live by it. That means you have to plan ahead for special occasions. When friends invite you to go out, suggest places you know you can afford. If they insist on going somewhere out of your price range, you will have to humble yourself and tell them the truth—that you have chosen to live on a budget and what they want
the heart of a teacher, not the heart of a salesman. Look for a personality match—someone you feel comfortable asking questions and who will encourage you to understand the process rather than ignore your questions.2.Check references. Try to get a recommendation from a friend or relative.3.Ask whether the broker or planner receives a fee from the sale of any product, such as the investments or insurance. If he does, there is a conflict of interest. That’s not to say you can’t get good advice from
advice your grandma used to give you. The only difference: I keep my teeth in. The Peace Track If you are reading this book, it’s likely you spend more time than you realize worrying about money. To help you get rid of energy-robbing anxiety, keep a worry log for the next week. List five fears you have about money. During the coming week, make a note on a separate sheet of paper, in your Day-Timer, or in a notebook every time one of those fears pops up in your mind. Then, stop yourself. Take a
different tastes from yours—that’s Murphy’s Law of real estate buying. Then, you’ll be stuck in a house you both hate.3.Have you been married less than a year? Married couples should wait at least a year before buying a house. That gives you time to figure out the perfect distance from the in-laws, as well as time to get to know each other, start defining your mutual tastes, pay off past debts, and save money. Don’t get trapped by the “You’re throwing your money down a rat hole” mentality.
your local church. (Again, have the whole family join you for this exercise.) Now make it a goal to start giving a small percentage of your income to each of these organizations. If you are a Christian, you should be tithing, giving 10 percent of your income to the local church. The Scripture makes it clear that the tithe is God’s provision for widows (and single mothers), orphans, and pastors. Steadily increase your giving as your financial situation improves. As you consider where you will