We attended the live Money Map simulcast at our church today. It began at 9:30 and ended at 4:30 with an hour break for lunch and 2 breaks of 25 minutes each.
I have to say that by lunch I was extremely frustrated. The speakers they had were good, but when we were going to get to the 'meat' of the material and get practical instructions that would benefit us? I really didn't feel that I needed it for me, but for a friend that attended with me that is in desparate need of a budget. I couldn't help but think that if this were Financial Peace University Dave would already have everyone on a budget and a fully funded baby emergency fund.
Finally, after lunch they got down to specifics. It still wasn't as detailed as I would have liked, but a category plan (budget) was discussed and the link to Crown Money Map that will walk people through setting one up.
I guess that the day was worth the $25 that DH and I paid to attend, but I have to say that I was disappointed. I didn't learn anything new, but DH did. At least now he knows why I have things set up as I do. My friend was satisfied. She said she now knows that she needs to have a spending plan and the basics of how to accomplish that.
For beginners to financial planning, I think this would be good. If you're a veteran at personal finance though, you probably won't be impressed.
I guess I just like Dave Ramsey's approach to finances better. I like the aggressiveness and step-by-step detail he provides. I'll be searching for a Financial Peace University near us.
January 26th, 2008 at 11:39 pm 1201390785