Financial Peace: The Basics

I’m reading a chapter of a book each night and earlier this week I read (actually, I reread) a chapter from Dave Ramsey’s book, Financial Peace.

I read this for the first time back in 2009 and I’m going through it again using the Planner Workbook.

Here are two key takeaways from Chapter 3:

  1. Money is ACTIVE
  2. Money is AMORAL

So what do these really mean?

Money is ACTIVE

As the text states, money is ALWAYS moving. It never stops.

It’s up to each of us to learn about the processes that impact money and to gain wisdom about ways in which these processes can work in our favor.

Money is AMORAL

Money has no morals.  People often treat money as if it is bad, but it really isn’t. You can do a lot of good when you have access to wealth.

I really appreciated the distinction made in the portion of the text that discussed 1 Timothy 6:10. 

Money is NOT the root of all evil.

Rather, it is the LOVE of money that is the root of all evil.  Not the money itself.


The way you act though the money or your lack of it will show us whether you are good or evil, but the money itself is NEITHER.” ~ Dave Ramsey

If you take an honest look at your bank account and spending habits, you can easily see where your loyalty is.

This really puts the responsibility on each of us as individuals.

What are you doing with your money? 

I’ll be sharing other nuggets as I continue working my way though both texts.  You can find copies in stores or online.  I usually purchase new (gently used) books from

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