The Money Answer Book by Dave Ramsey - Book Review
A small, but informative book that gives quick answers to some very popular financial questions. The book answers questions covering debt, budgeting, purchases and investments.
Reading The Money Answer Book was a real good starter book for someone wanting some quick answers regarding their finances. While it certainly doesn't get in depth of any real topic, it answered a lot of topics that most people are wanting some information on. It gave me an incentive to keep working on getting ourselves to a point where we could be 100% debt free, including our house payment. It shares how much of our spendings are behavior, not knowledge. Just reading the book isn't going to help your finances, you must take it into action.
There were some things in the book I didn't care for. While the book did talk about being financially free no matter how much money you make, I felt the book really focused on a lot of areas that is geared for those who make more money or have two incomes. Where we have very little debt ourselves and don't spend a lot of money on the unnecessary things, some of the investments they were mentioning we could not come close to obtaining. That said, they still gave a good order of what is important to save first.
Overall I think it's a book that should be read by anyone looking for some quick answers and have a good base of knowledge concerning their finances already.
Thomas Nelson has provided me with a complimentary copy of this book for review. My opinions and views expressed are my own.
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