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Thread: Who is your financial guru?
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12-19-2008, 08:06 PM #1
Who is your financial guru?
I go to MSN money every day and read MP Dunleavy and Jim Jubak. Whose opinion do you value when educating yourself about finances?
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12-19-2008, 08:55 PM #2
I truly don't know. I loved Dave Ramsey's books, however I learnt a lot from a number of different books.
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12-19-2008, 09:08 PM #3
I don't read or listen to any one expert. I read practically anything I can which means I spend a lot of time surfing the world wide web. I do like to watch Susie (sp) every now & again when she's on, I love her segment where she tells people whether or not they can afford to do something they want to do. Dave Ramsey has a lot of good ideas, but there are some ideas he has where I think he's living in the clouds.
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12-19-2008, 10:34 PM #4
Dave Ramsey is our financial guru.
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12-20-2008, 08:32 AM #5Registered User
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Dave Ramsey the tell in all in money for us. We love him because he mixes logic with Christian values. We were introduced to Dave about 10 months ago and we are hooked. We listen to his show, watch him on t.v., read his book, and went through FPU. We are currently about $5,000 lighter in debt. We still have about $15,000 to go, but we will get there. What got us hooked was the true that he talks. It is my fault and I must live up to the mistakes I made. I must fix them and make it right. Our children are getting Finical Peace Jr. for Christmas. We are happy and loving life.
Live like no one else, so later we can LIVE like no one elseLast edited by nic4549; 12-20-2008 at 08:33 AM.
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12-20-2008, 08:39 AM #6Registered User
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We've taken the Financial Peace University class and follow Dave Ramsey's methods.
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12-20-2008, 09:18 AM #7Technical Support Sleuth
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We like Dave Ramsey. I also bounce a lot of ideas off of my daddy. Greebo/RCannon often serve as my logical money advice people. I'll post something, perhaps seeking advice, perhaps not, but they usually help me out with some words of wisdom.
McD
-wife to Z
-mommy to Dubya & Moo Cow
Blog: http://familystylemayhem.wordpress.com/
My Ravelry: http://www.ravelry.com/projects/nicd...view=thumbnail
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12-20-2008, 09:19 AM #8
Larry Burkett
He started Crown financial ministries
I listened to his program Money Matters on the radio years ago
it gave me a good foundation for financial things & setting priorites
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12-20-2008, 09:25 AM #9Registered User
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I like Suzy Orman. I'm a single mom and her approach resonates with me. My favorite is her list of priorities 1.) people 2.) money 3.) things
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12-20-2008, 10:01 AM #10
I was raised by my grandparents and learned a lot from my grandfather. I encounter a lot of the same advice he gave me when reading finance books.
I don't really have a guru, I read finance magazines and a lot of online articles for investment and planning advice, but I've always been naturally good at money management and frugality. I've never needed a strategy for getting out of debt, so I think I come at this from a different place than a lot of people.
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12-20-2008, 10:08 AM #11
I read alot about money/investing/budgeting from several sources. My favorite "guru" would have to be Dave Ramsey. But, mainly, I depend on common sense.
DJ

Married to DH since 1993

DD age 16
DS age 14
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12-20-2008, 10:10 AM #12
Dave Ramsey for sure. I found out about him 11 months ago from a bunch of you all when I first started visiting this board and kept reading about BS's and didn't know what those initials stood for....well, at least that would apply to finances. It was the end of January when I read his book and reread, passed it on to DH and we were hooked. He gives practical advice for getting out of debt and succeeding. Perhaps when we get to BS4 (now I know what it means!), I will read other financial books just to expand my knowledge, but for right now I am focused on doing things the DR way.
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12-20-2008, 10:26 AM #13
My grandmother and father- now I keep their advice in my memory. At present- my godfather, my husband, our accountant.
"Money, if it does not bring you happiness, will at least help you be miserable in comfort."~~Helen Gurley Brown
"Can't never did anything."~~~~Dad
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12-20-2008, 10:34 AM #14Registered User
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Handling money is more philosophy and attitude than anything else, at least to me. So I look to Crown Financial for that philosophy to keep me on the straight and narrow. My Christian faith plays a huge role in my attitude towards money, and helps me keep my values and priorities where they should be.
Spiritual:
"You are fearfully and wonderfully made." Please... respect life.
Financial:
Debt free, hoping to stay that way!
MY BLOG: glorybug.wordpress.com
1. Keep on writing.
2. Get some balance in my life.
3. Lose weight. Hopefully 5# this year. (9.5 pounds right now! Yay, Me!!)
4. Continue to be looking for how God wants to use me this year.

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12-20-2008, 11:42 AM #15
my former mother in law, who survived the great depression.
the LDS church leaders who keep telling us about upcoming hard times, and have been telling us for some time
jerrold mundis, who wrote a debtors anonymous primer
dave ramsey, except i disagree that i think you need to maintain a credit history.
mary hunt, best of all.11% gross to retirement
10% takehome to tithe and offerings
emergency fund maintained at 3000(works for me)
credit card debt 7500
mortgage free
freedom accounts/sinking funds that ebb and flow
then live on the rest!
i am trying something new. LDS church advises savings or debt repayment should be the same as the tithe. 10% each.
"i create prosperity, abundance, and savings for me and my household"
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