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You'd be better off with your first choice of "Complete Idiot's Guide to Personal Finance in your 20's and 30's".
Why? (just curious)
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I.D. badges are long overdue. Security in this office park is a joke. Last year, I came to work with my spud gun in a duffel bag. I sat at my desk all day, with a rifle that shoots potatoes at 60 pounds per square inch. Can you imagine if I was deranged? - Dwight K. Schrute
I think its best to learn those types of things from a source that doesn't have such a heavy agenda. The "Idiot's Guide" will allow you to figure things out at your own pace using the critical thinking skills the Jesuits are imparting upon you at MU.
I don't know what your major is, but (if it's not a business related major) I would alos take some finance courses as electives (I was a Poly Sci major at a Jesuit colege - that's what I did).
Sorry you mistook my comments as some sort of indictment of Dave Ramsey, that was not my intention. Ramsey is perfect for married couples who find themselves in debt like you and your wife.
My point was, as a college student, presumably with less debt, a broad exposure to all points of view would be best to start with. Then, when warrented, choose someone like Ramsey.
Again, I have no problem, what-so-ever with his work.
as a college student, presumably with less debt...
We wouldn't have had as much debt without our college years!!
We wish we had known about Dave back then. It's not all about digging out from debt, Ramsey teaches how to properly budget, etc...
I do see your point though.
But, with our experience and the knowledge of others who have used Dave's plan (married couples and singles alike) - we wouldn't recommend any other book.
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"If Chuck is Solo, Larkin is his Fett!" - Morgan
I think its best to learn those types of things from a source that doesn't have such a heavy agenda. The "Idiot's Guide" will allow you to figure things out at your own pace using the critical thinking skills the Jesuits are imparting upon you at MU.
I don't know what your major is, but (if it's not a business related major) I would alos take some finance courses as electives (I was a Poly Sci major at a Jesuit colege - that's what I did).
Thanks very much for your input.
Dave's book has been recommended to me by a few people, so I figured I might as well read that first. I fully intend on reading the "Idiot's Guide," too. I'll probably end up reading some of Suzy Ormone's books, too. I just want to get as much info about this stuff as I can, and then I can go from there and get my money in order, lol!
I'm by no means a business major (lol) but I have considered taking a few finance courses. What college did you go to (if you dont mind me asking). Gotta love those Jesuits, hehe.
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I.D. badges are long overdue. Security in this office park is a joke. Last year, I came to work with my spud gun in a duffel bag. I sat at my desk all day, with a rifle that shoots potatoes at 60 pounds per square inch. Can you imagine if I was deranged? - Dwight K. Schrute
I'm by no means a business major (lol) but I have considered taking a few finance courses. What college did you go to (if you dont mind me asking). Gotta love those Jesuits, hehe.
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I.D. badges are long overdue. Security in this office park is a joke. Last year, I came to work with my spud gun in a duffel bag. I sat at my desk all day, with a rifle that shoots potatoes at 60 pounds per square inch. Can you imagine if I was deranged? - Dwight K. Schrute
But, with our experience and the knowledge of others who have used Dave's plan (married couples and singles alike) - we wouldn't recommend any other book.
My point exactly, you appreciate that much more based on other experiences you and your wife have had.
speaking as a total moron when it comes to finances, etc. the ramsey book has been a total life-saver. in the few short months (6) that his plan has been implemented - i've paid off a nearly 5k in debt and am about 24-27 months out from having everything paid off entirely except for the mortgage.
i've read several budgeting and money management books and this one is so easy to implement and understand.
jmo
shawn
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"Arguing on the internet is like running in the special olympics... Even if
you win, you are still retarded..."
"I can't trust a woman who would marry me." ~ AzCards21
"I don't care what you believe, keep your religion out of my peanut butter!" ~ Assface
I don't have a lot of debt, I just have a lot of Bills....if that makes any sense.
Meaning, only two of my obligations are financed (car and house)... The rest are cable, internet, insurance, utilities, etc.... Does Dave Ramsey have a program for that?
I don't have a lot of debt, I just have a lot of Bills....if that makes any sense.
Meaning, only two of my obligations are financed (car and house)... The rest are cable, internet, insurance, utilities, etc.... Does Dave Ramsey have a program for that?
For me the best thing about Ramsey is that he gives some very sound principles and advice that is very much common sense. Then you apply it to your situation - so it doesn't really matter where you are at and what type of debt you have.
Typically with a vehicle he says if you can pay it off in about 18 months then it's a good candidate to keep - but in the future try to buy your vehicles for cash so you don't have a payment. You find a vehicle that is 1 or 2 years old from a dealership - most likely one that was previously a leased vehicle because the maintenance on them will have been very good. You end up with a fairly new car, good condition but for a lot less money. And since you don't have a car payment - you just pay yourself a car payment - put the money away and save it for the next vehicle. Since you bought the vehicle already for a lower price, you'll get a decent resale price for it - plus the money that you had been saving - you can move up in car for your next purchase. It's just practical stuff like that - at least to me it seems very practical.
That's just one example.
Shawn
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"Arguing on the internet is like running in the special olympics... Even if
you win, you are still retarded..."
"I can't trust a woman who would marry me." ~ AzCards21
"I don't care what you believe, keep your religion out of my peanut butter!" ~ Assface
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