Comments on: Dave Ramsey’s Financial Peace University: Week 7 – Clause And Effect: Buying Insurance

By: Peter

Peter — Sat, 13 Jun 2009 17:12:55 +0000

yeah, that’s about the only time he suggested keeping whole or universal life insurance policies, when you are uninsurable otherwise.

I highly recommend FPU, you’ll get a lot more out of it than just reading the book alone!

By: Michelle

Michelle — Sat, 13 Jun 2009 15:07:01 +0000

Found this series today – and am considering FPU (we’ve read the books, doing the plan, but maybe want FPU too!)…Just a point to consider – on Dave’s shows, the only time he has conceded to keeping whole/universal life is when a person is otherwise uninsurable due to their medical status. Like a 50 year old who’s had a heart attack or some other pre-existing condition that would keep him/her from getting term insurance.
thanks for these posts, by the way…

By: Life Insurance: When and Where to Get It? | Prime Time Money

Life Insurance: When and Where to Get It? | Prime Time Money — Fri, 27 Feb 2009 12:01:37 +0000

[...] Bible Money Matters – As far as life insurance, that’s one of those things I keep meaning to do, but don’t get around to. I’ve done some searching through Dave Ramsey’s suggested zander insurance, as well as insureme and netquote (I believe). [...]

By: Carnival of Financial Goals #9 - Credit Withdrawal - Helping You Kick the Credit Habit

Mon, 04 Aug 2008 12:23:29 +0000

[...] at BibleMoneyMatters presents Buying insurance for your family – step by step – An on-going series discussing Dave Ramsey’s Financial Peace University teachings, this post [...]

By: Weekly Roundup For 08/02/08 | The Family Wallet

Weekly Roundup For 08/02/08 | The Family Wallet — Sat, 02 Aug 2008 19:20:57 +0000

[...] Money Matters provides helpful info on insurance coverage. This entry was written by D.J. and posted on August 2, 2008 at 7:20 pm and filed under Personal [...]

By: Peter

Peter — Thu, 31 Jul 2008 17:08:27 +0000

@ Sam – I don’t have a great answer for you, except that you have to do your best to improve your income, get rid of your debt, make a zero based budget and stick to it, and eventually you’ll be able to afford insurance. I know that we have a lot of programs that will help people who can’t afford it – to obtain insurance as well.

By: Festival of Frugality #136 - Summer School Edition | Student Scrooge

Festival of Frugality #136 - Summer School Edition | Student Scrooge — Wed, 30 Jul 2008 06:53:22 +0000

[...] Money Matters describes how to buy insurance for your family — something that has always confused me some, so I appreciated the [...]

By: Dave Ramsey’s Financial Peace University: Week 8 - That’s Not Good Enough! | Bible Money Matters

Tue, 15 Jul 2008 12:53:05 +0000

[...] Last week was week 7 in Dave Ramsey’s “Financial Peace University“. Week 7 was all about insurance. It talked about what kinds there are, what kinds you should have, and what kinds to avoid. Some key takeaways: [...]

By: Weekend roundup | Sense to Save

Weekend roundup | Sense to Save — Sat, 12 Jul 2008 21:08:06 +0000

[...] Bob at Bible Money Matters is breaking down Dave Ramsey’s Financial Peace University course week by week. Check out this helpful installment of week seven: Clause and Effect. [...]

By: Sam

Sam — Thu, 10 Jul 2008 03:58:28 +0000

I agree that you need to have these types of insurance to protect your financial status, however if you don't have money to buy them, what would you do? This is especially an issue for those who are working at home, their priorities would normally be rents, foods, credit cards bills and other fees. Unless they are full-time bloggers that earn huge amount of $$$ then this will not be an issue. Sams last blog post..What Does It Take To Be Filthy Rich?