Financial Peace Revisited Book Report

Finances are a sore subject for many people. At some point the realization that help is needed can often come too late or be overlooked. The desire to ask for financial assistance or guidance destroys a person’s sense of pride, however, the aftermath can be much more devastating. The book Financial Peace Revisited provided multiple point pertaining to finance changes, personal growth, economic realization, potential saving methods and so on. For starters, the first point Financial Peace Revisited identified is that all good things come to an end. When it comes to money, happiness is temporary because money will eventually end if no effort to save is involved. The continuous accumulation of “stuff” can and will quickly drain all funds from checking, savings, and credit card accounts. Ramsey and Ramsey stated that “stuffitis is a deadly disease where the bearer has an insatiable desire for only good stuff.” This is also a point where items such as clothing, vehicles, jewelry, housing, furniture, etc. are all top of the market type of things that are gained at any means necessary. Continuing on, the desire to have more stuff is not actually benefiting the person making the purchases, but the business or organization receiving the funds. Individuals have to understand that spending excessively causes friction within …show more content…
After reading over all 12 assigned chapters and even some that were not assigned, I have come to the conclusion that I can make some changes to my own financial standards to improve. I truly feel and believe that everyone’s financial statuses can improve with direct leadership, guidance, and determination. It is obvious that we do not live in a perfect world, therefore, nobody in this world is perfect, neither is their budget, including those in better financial