Saturday, May 22, 2010

The Money Answer Book by Dave Ramsey

The Money Answer Book
By Dave Ramsey
This book is a handy little book of money questions and answers. I have read Dave Ramsey’s other books, The Total Money Makeover and others, but this book takes specific questions and gives exact answers. The book is divided into sections, so you know where to go look for your question. Along the way, you just might learn something about a different topic.

I really like this book. I like the fact that I don’t have to read a whole chapter to find an answer. It is right on the page. Ramsey does have advice interwoven throughout the book also. He states, “Fun can be bought with money, but happiness cannot.” You need to have savings to catch the items you know you are going to have to pay for, such as another car, college, retirement, or you will always be broke. Questions dealing with credit cards, bankruptcy, insurance, and mortgages are answered in this book. I feel like this book would be best to go along with Dave Ramsey’s other books, but as long as you know his general ideas, it is a great book to have. He goes into some detail about the emergency fund, debt snowball, and investing, but I feel his other books explain more about the processes.

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