The Money Answer Book: Quick Answers to Everyday Financial Questions

Dave Ramsey has been on so many TV interviews and has been profiled so often in newspapers, there just isn't much new left for him to say about his ultra-conservative approach to money management. So it is, then, that The Money Answer Book gives an easy-to-read distillation of all of the key Ramsey commandments for financial success. You can read the entire book in 90 minutes, even with time to pause occasionally to weigh a matter he is discussing. There are checklists to fill in for budgeting and goal setting; there are little hotboxes offering pithy quotations ("Well done is better than well said" - Ben Franklin); and there are biblical references within the text and in sidebars.

Whether reading this 160 mini-book, listening to Ramsey on his radio show, or attending one of Ramsey's workshops, his bottom line always comes down to some very basic premises: (1) all credit cards are harmful; (2) people are in financial messes because they overspent, didn't plan, and lacked discipline; (3) everyone needs a fallback position of three to six months of reserve cash, food, and other necessities; (4) the outside economic picture has little influence on individual households that have learned to save, invest, budget, and tithe; and (5) there is nothing wrong with being incredibly wealthy so long as one uses his or her wealth appropriately.

Sections of this book deal with brass tacks issues such as bankruptcy, divorce, estate planning, saving for college, and contract negotiations (don't become a co-signer is his main point on this last issue). However, to delve deeply into these areas Ramsey has longer, more explicit books, such as his best-seller Total Money Makeover. -- Dr. Dennis E. Hensley, Christian Book Previews.com

A little over 3 years ago I had over 20,000 dollars in debt and a lot of it came from Credit Cards because of my out of control spending habits and lack of budget. I pretty much hated life thinking that life was about living paycheck to paycheck. Well things changed when I went in to look into what it would take to buy a house. I knew I couldn't afford it but I really wanted to look into getting a home. The loan officer saw how little I had left after paying my bills and decided to teach me what a budget was. I really had no clue just like many Americans sadly. He also gave me the best advice anyone could have given me, he told me to listen to this guy named Dave Ramsey on the radio. I took his advice and listened every day and I even downloaded his podcasts.

Dave Ramsey gives great advice on how to handle money and get out of debt and pretty much this Money Answer Book takes all the common question that people ask Dave on a regular basis on his show about what to do and it groups things by theme. It contains some great advice and even has a sample budget forms. I use this book from time to time as a quick reference guide. I even buy extra copies for people who are looking into how to be better with their money.

Thanks to Dave and the answers I got from him (like what is found in this book) I have been debt free for several months and it feels great. When I start getting into my old spending habits I pull this book off my shelf and use it to help me refocus.

This is a small book you can carry around in your car or purse or briefcase to read on the go. Almost every page has only one question and one answer, so even if the answer seems short it gets you thinking about the issue, like debt, college, retirement, using cash, paying things off, having a will, investments, allowance, budgeting, co-signing loans, divorce, and many more. The Dave Ramsey web site has the most current links to inexpensive legal documents you may want to consider creating. This book is a good way to talk about money at the dinner table for family discussions too. For the price, it is a great deal and can really help people rein in their habits and start getting their money working for them. Recommended for both spenders and savers (and you know which one you are).

This is a great little book with some quick reference to good information most people need to know. Great little stocking stuffer this year for our two adult sons. Dave Ramsey is our hero!

This is a very good book! It was definitely worth it. It is a quick read and directly to the point. Also, it was motivational and inspiring as well.