Dave Ramsey's Financial Peace University Envelope System

by Dave Ramsey

This simple way to manage your household income and expenses includes a stylish cover, coin purse, places for your checkbook and check register, memo pad, debit card holders, and extra cash-management envelopes.

Genres: Finance, Nonfiction, Self Help, Business, Personal Finance, Money, Christian

Spiral-bound

First published January 31, 2003

About the author

Dave Ramsey is America’s trusted voice on money and business. He’s a #1 National bestselling author and host of The Ramsey Show, heard by more than 18 million listeners each week. Dave’s eight national bestselling books include The Total Money Makeover, Baby Steps Millionaires, and EntreLeadership. Since 1992, Dave has helped people take control of their money, build wealth, and enhance their lives. He also serves as CEO of Ramsey Solutions.

Reviews

[Allina · Rating 5 out of 5]

It would help if there was a way to help someone budget money when their income doesn't even cover their basic needs. I can budget money without the help from this book, but it sucks when it's the electric company that is "below the line" and the electric is getting shut off. It's either rent or electric. Childcare or gas to get to school. I'd like to see help for people in that situation. I can't think of savings, but I once applied these principals, and I hope that one day soon I'll have money to actually start saving again. Once I can start saving again and start looking into the advice in here that I didn't already have such insight with (mortgages, retirement plans, money markets, and such) then I will appreciate the book even more.

[Wes · Rating 1 out of 5]

Dave Ramsey is designed for today's Christian: luke-warm, wealthy, irresponsible, easily influenced by manipulation and repetition. Dave: "Does this make sense, say yes." Audience: "Yes...master".

However, if you're not a luke-warm Christian, not wealthy, and are annoyed by the abundance of cliches, Dave Ramsey's material probably won't help.

[Brooke Marie · Rating 2 out of 5]

Fill in the blank workbook while watching his videos in class. Very helpful

[Keaton High · Rating 5 out of 5]

Now I know why Chris High is so smart with his money. Everyone should read this book. More financial reading to come.

[Amy Simmy-Sims · Rating 5 out of 5]

what an amazing process to go through as a couple...when your heart is open. We did this as a class with other people which was so neat because other people had ideas that were great! This brought hubby and I so much closer and on the same page with gazelle intensity with one single goal to become and to live 100% debt free!!! I am not someone that loves a budget or loves to make one, but I am a huge fan now after seeing how quickly we can make our money work for us, just by having a place for every dollar we bring home!

[SunStudio Brookfield · Rating 5 out of 5]

This is the antidote to being raised knowing nothing about money and being predeceased by parents who didnt either. If you want to break that generational curse and have something to show for your hard work and leave it to your kids, READ AND APPLY of this book. It is life changing. Our financial futures dont magically take care if themselves, nor does someone rescue us from our irresponsible financial lives...A successful future must be EARNED and this book /course MOTIVATES us to do the work. !!!!

[Kim Holdiman · Rating 5 out of 5]

Dave's envelope system ROCKS!

[Leigh LCA · Rating 5 out of 5]

10 Stars...changed mine and my families life.

[Stephen London · Rating 4 out of 5]

I have needed to read this book for a long time. Very helpful advise from a Christian perspective to getting my personal financial house in order.

[Allan Laal · Rating 2 out of 5]

too much jesus and other ancient mythology to take this seriously

[Mike · Rating 5 out of 5]

Even though this is from 2007, it is still just as relevant today. Everybody, and I mean everybody needs to listen to this.

[Tristan · Rating 1 out of 5]

There's some sound financial advice, if you can get through all of the sexism, millennial shaming and christian-brainwashing. He mentioned the "Me generation" and "political correctness" so often that its' super distracting and takes away from the actual advice that he's giving in the book. No one is forcing women to work, Ramsey. Have you ever considered that women WANT to work? That maybe women don't want to be just mothers or housewives? Maybe the generation who raised millennials should look inward on why they hate millennials so much? You people raised them. If they're not to your liking then maybe do some self-reflection on why they ended up the way they did?

Anyway. This book is a one star, at best. Save yourself the trouble and just Google the "Baby Steps" and spare yourself a few hundred pages of being shamed for being born in the generation you have been.

[Keziah Haley · Rating 2 out of 5]

Meh, most of the facts can be found in more detailed resources without condescending remarks or religious agendas being pushed. Also, it lacks alternative debt mitigating methods that would be beneficial if the bad behavior was just fixed from the start I.e. just admit some bad behavior and get the debt avalanche underway instead of wasting time and money on a debt snow ball. Also, if you’re just not from a privileged background, being in debt in America is likely a result of high costing healthcare and education, not necessarily bad consumerism. This course completely ignores that and only focuses on the latter. The resulting advice is lacking if you’re not the target audience.

[Kateryna Maw · Rating 4 out of 5]

This version was a bit outdated, but what a great reminder of the power of managing your finances. I really enjoyed Dave's book I read previously and this one was a good summary that I think I needed to hear again. As time passes, we find ourselves in limbo, going back to our older ways of life, and that's why I found this read necessary to stay on course.

I recommend his work to everyone! There is something in the simplicity and common sense that rings true no matter what changes around. Follow his baby steps and you will be financially free - it is possible and exciting at the same time. I am on this journey with a solid plan... written down :)

[Siobhain · Rating 3 out of 5]

I took the class at my church, but had to miss about half of the sessions. I had every intention of watching the sessions with my family, but they had no interest, and I kept putting off getting them to do so. Now my one year subscription to view the classes has ended. There were a lot of good principles here, but the book is really just a place for taking notes when the classes are watched. It is not particularly useful by itself.

[Hannah Barnes · Rating 2 out of 5]

I was given this book by a former employer after they asked me it I'd like help with personal finances and I, being a recent college graduate, said yes. The book is fine, definitely meant for use with the videos and everything. It was mostly geared toward couples. Many of the things listed i already do thanks to things my dad taught me, but there are some changes i could make. I may revisit the book and actually work through it sometime in the future, but for now I'm checking it off my list.

[Gena Lott · Rating 3 out of 5]

Ramsey certainly knows what he is talking about for folks in certain income brackets. When I read this I was living in poverty and a world-wide recession was raging. Not the best time to try to get out of a financial slump--let alone a crisis!
I don't think Ramsey identifies with people who need grassroots ideas for how to change their money woes especially when they come from backgrounds of poverty and financial ignorance.

[Jenifer Robison · Rating 5 out of 5]

Life changing book when you DO the plan! It just goes along with the video series you can get online and follow along with. It's a fill in the blank kind of workbook, but I like that it has places for you to make notes when you have those a-ha moments. When you are ready to do something different with your finances, give this a try. It will change your life.

[Sarah Hills · Rating 4 out of 5]

I enjoyed reading this book as it has basic fundamentals within finance and how to be comfortable with different topics as a beginner. It is important to note that no one person has all the answers for any topic, but the concepts debt snowball and negotiations along with Daves wife’s perspective were great additions.

[Leanna Schwartz · Rating 5 out of 5]

Read the edition from 93 or 95 and he used 2016 for financial projections a few times which was actually interesting to read. He gives good advice no matter what stage of life/lifestyle you have so the contents are easily applicable to anyone.

[Swole Jerk · Rating 5 out of 5]

Comprehensive and Imperative for anyone who wants to really get ahead financially. Try to get your hands on the CD set as well (I know that I am really aging myself here, but at least I didn't say cassette tapes, eh?) and listen to them over and over again.

[Melissa · Rating 5 out of 5]

His advice is invaluable. I recommend this to anybody who wants to know more about finances.

[Lorelei Jaramillo · Rating 5 out of 5]

Done with the book and now To change our family tree!

[Salena · Rating 4 out of 5]

I participated in this course hosted at my local church. I learned many useful tips and strategies, and I am well on my way to being debt free.

[Maxine Madison · Rating 5 out of 5]

This book opened my eyes to the power of my money and biblical principles of not being in debt. I loved the cash envelope system because it finally enabled me to stay on a budget.

[Aaron Holcomb · Rating 3 out of 5]

Some good anecdotes and decent advice. Think it is not as straight forward as he makes it, but there is some good stuff to be taken from.

[Nadine Klein · Rating 5 out of 5]

Packed full of really good financial advice. I have seen this book change peoples lives and marriages. Follow what he says and you will get out of debt forever!

[Julie · Rating 5 out of 5]

I need a refresher course

[Sunny Livingston · Rating 5 out of 5]

Practical uncomplicated advice

[Sewveryblessed · Rating 4 out of 5]

Some of the principals are a little out of touch with current generations