Credit Debt Cures

Dave Ramsey readers: I have Total Money Makeover, is Financial Peace, Revisited different enough to purchase?

I am not in any debt, I am using the books to budget and to learn about cash. I work at a hospital and have a TSA through the Hospital, but my contributions are not matched. I also have a Rollover IRA. There are no ELP's (Endorsed Local Providers in my area). There is one 2 hours away. I need to learn more about mutual funds and if I can have an ELP manage my TSA & Rollover for me or If I can do it myself. I am just very confused on how to move them and then how to manage them or have them managed. I really just want to pick something with a long history of good returns and put it away and forget about it. 1) Is the Financial Peace worth buying, in my situation, if I already have the money makeover? 2) Is the ELP worth driving two hours for? Can a long distance relationship like that work? 3)IF no to number 2, How can I learn what I need to know about TSAs & Rollovers and how to manage the funds on my own by picking long term good performers? Thanks, in advance!

Public Comments

1. You might check for local community educational classes on financial management. The cost is usually minimal and you can get some excellent information. Personally, I wouldn't fork out the money for the second Ramsey book. I don't think it will give you what you're looking for.
2. I have read both books. For your situation, no don't purchase the FPU revisited. I think an ELP 2 hours away will be worth it. I have a financial adviser about that far and we have sat down a couple times but after that we do it via phone or e-mail. I don't suggest you do this by yourself, get the ELP and have him/her help you.
3. Dave said on his radio show that Financial Peace Revisited is the basic principle and Total Money Makeover is the How-To version. I would not buy the Financial Peace.