Worship and Torah Service: 
Financial Peace University consists of a nine-week video curriculum taught by financial expert Dave Ramsey. It incorporates small-group discussion that encourages accountability and discipleship and teaches how to win with money, get out of debt, stay out of debt and build wealth.
You can follow the steps below if you can't come to our class. However, the benefits of becoming an FPU member and attending an in-person class is that you will get motivated and encouraged by the coordinator and classmates and you will have that accountability which will help to move you forward to your financial goal. You will also get the workbook, watch the 9 inspiring video lessons, the premium version 3 months of EveryDollar, 1 year of group financial coaching, and one session of one on one financial coaching.
This course is helpful for:
Young people and singles--Planning for the future is hard when you’re still paying for the past! Listen—there’s a better way!
Married couples and families--No more money fights! With Financial Peace University, you and your spouse will learn how to create (and stick to) a budget, save for emergencies, and make a plan for the future. This tends to draw you closer to each other and improve marriages. Doesn’t that sound peaceful?
Stop believing the lies about getting out of debit! Watch this!
Returning FPU Members: If you have previously taken Financial Peace University Course or have an older membership kit and want to update it, please call the Ramsey Care Team at (888) 227-3223. They will help you to update your workbook and/or renew your online membership. However, once you have become an FPU member, you are entitled to attend the course again as many times as you like for a refresher for FREE.
What to Expect in the Financial Peace University Course:
Lesson 1: Baby Step 1 is making a budget and saving $1,000 for your starter emergency fund. To help you budget use the free EveryDollar budgeting tool. Watch this and get tips on budgeting. Then begin saving your $1,000 emergency fund. Watch Easy Ways to Save Money by Rachel Cruze. Additionally, here's a couple who can show you how they save 70% of their income. Check out https://mintmobile.com/ to save a mint on your cell phone bill. You can keep your same phone if you like.
Not enough income and need to make some more money? Watch this.
Lesson 2: Baby Step 2 is paying off all debt (except the house) using the debt snowball. Debt is not a tool used to build wealth, and payments don’t have to be a way of life. It takes gazelle-intensity to get out of debt. Watch How to Pay off Debt Fast. Dave gives some more advice here.
Lesson 3: Baby Step 3 is saving 3–6 months of expenses in a fully funded emergency fund. The emergency fund is Murphy repellent. It keeps you from living in fear of the next emergency. Your emergency fund is insurance, not an investment! It prevents you from going back into debt. Watch 11 Ways to Build up your Emergency Fund. Here's another 34 ideas to make extra money.
Lesson 4: Is an overview of Baby Steps 4, 5, 6, and 7. Baby Step 4 is to invest 15% of your household income in retirement. Baby Step 5 is to save for your children’s college fund. Baby Step 6 is to pay off your home early. Baby Step 7 is to build wealth and give. You’ll do Baby Steps 4–6 in order, but at the same time. Here's how. After that, Baby Step 7 is where you’ll have the most fun!
Lesson 5: Is Buyer Beware! There are a million marketing tactics trying to get at your money and bust your budget. You can have power over your purchases. Contentment keeps your stuff from owning you. Review Dave's teaching. Rachel gives us 10 things people waste money on.
Lesson 6: The purpose of insurance is simply to transfer risk—this is your defensive game plan. There are seven basic insurances you actually need. Click on each item to get the details.
- Auto Insurance
- Homeowner's/Renter's Insurance
- Health Insurance
- Disability Insurance
- Long-Term Care Insurance
- Identity Theft Protection
- Life Insurance
No exceptions and no excuses, everyone eighteen and older needs a written will. Find out why.
Lesson 7: Investing doesn’t have to be complicated. Use the KISS rule: Keep It Simple, Stupid. Never invest in things you don’t understand. The best way to build wealth is slowly and consistently over time. Dave has a plan here you can follow.
Lesson 8: A house is the largest financial investment you will ever make. Here’s your home-buying plan: a 15-year fixed-rate mortgage with at least a 20% down payment, and monthly payments of no more than 25% of your take-home pay. When you pay off your home, you’re 100% debt-free! Home is where the heart is! But if you're not careful, expensive mortgage payments can make home where the stress is. Keep your budget sane by following these home-buying guidelines:
- Get a 15-year fixed-rate mortgage if you can't pay cash.
- Put at least 20% down.
- Make sure your monthly payments are no more than 25% of your take-home pay (this includes tax, insurance and PMI.)
Read: 6 Ways to Ace your First Home Purchase And: When Do I Start Saving for a Downpayment? If you already own a home, here's 7 easy ways to payoff your mortgage early!
Lesson 9: God is a Giver, and we best reflect His character when we give. God gave us money to manage—not own. God owns it all. When you live and give like no one else, you change yourself, your family tree, and your community. Read more on Tithing and Giving.
