The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.
Discover the best professional documents and content resources in AnyFlip Document Base.
Published by Joshua R Ehlers, 2018-06-30 00:13:04




“The rich rule over the poor,
and the borrower is slave to the lender.”

Proverbs 22:7 (NIV)

of Lives Changed
Since 1994

Unless otherwise indicated, all Scripture quotations in this book are from the New King James Version®. Copyright © 1982, Thomas Nelson, Inc. Used
by permission. All rights reserved.

Scripture quotations marked (NIV) are taken from The Holy Bible, New International Version®. Copyright © 1973, 1978, 1984, 2011 by Biblica, Inc.™
Used by permission. All rights reserved worldwide,

Scripture quotations marked (CEV) are taken from The Contemporary English Version®. Copyright © 1995 by American Bible Society. Used by permis-
sion. All rights reserved.

Scripture quotations marked (KJV) are taken from the King James Version of the Bible.

© 2012 Lampo Licensing, LLC. All Rights Reserved.
1749 Mallory Lane • Brentwood, TN 37027

This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the under-
standing that the publisher is not engaged in rendering legal, accounting or other professional advice. If legal advice or other expert professional
assistance is required, the services of a competent professional person should be sought.

—From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations

Published by Lampo Press. For more information, please visit our website at

Table of


Welcome. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Meet the Team. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
How to Lead a Class. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Super Saving. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Relating With Money. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Cash Flow Planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Dumping Debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93
Buyer Beware. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
The Role of Insurance.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131
Retirement and College Planning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157
Real Estate and Mortgages.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 179
The Great Misunderstanding. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207
Well Done!. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229
Dave’s Reading Lis.t. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 230
Going Further in Stewardship. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 231
Monthly Budgeting Forms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233
Additional Forms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 247

Welcome to the team.

Can you feel it? Something amazing is about to happen in your community.
God is getting ready to do some incredible things. He’s putting the pieces
together right now. And guess what? The most critical piece of the puzzle,
the most important tool in His hand, the thing He’s going to use to change
your church or community . . . is you.

By choosing to coordinate a Financial Peace University (FPU) class, you’re
not just leading a “money class” at church or in your community. You’re
coming alongside us and joining us on our mission to give hope to everyone
from every walk of life. That’s your job in what’s to come; you’re bringing
hope to people, no matter where they are on their financial journey.

We know that talking about personal finances with a group of people can
be intimidating. Trust us—we do this every day! Just relax and be yourself.
Sure, you won’t have all the answers, but you’re not really teaching the
class, anyway. Dave and our FPU teaching team will handle that! Your
responsibility isn’t to teach; your responsibility is to lead. If you are
excited, your class will be excited. If you open up and are honest about
your own struggles, your class will do the same. If you truly believe that this
information can change their lives forever, then they’ll believe it too.

What you’re doing is extremely important. You’ll not only lead your class
through discussions and hands-on learning activities, you’ll also listen to
their stories, sympathize with their struggles, challenge them to break bad
habits, and inspire them to totally change their family trees by living—and
giving—like no one else.

This is exciting stuff! Anyone can take control of their money if they’ll just
follow God’s ways of handling it. As He leads your class members through
this information, everyone in the room will come away changed forever. And
that definitely includes you, the coordinator.

You’ve signed up for a wild ride—possibly the ride of your life.

Congratulations, and welcome to the Financial Peace University team!

Let’s get started!

Meet the Team

DAVE RAMSEY is America’s trusted voice on money and
business. More than 4.5 million people have attended
Financial Peace University in more than 40,000 churches
nationwide. His nationally syndicated radio program,
The Dave Ramsey Show, is heard by more than 12 million
listeners each week on more than 575 radio stations and
digitally through podcasts, online audio streaming, and a
24-hour online streaming video channel. He’s authored seven
best-selling books: Financial Peace, More Than Enough, The
Total Money Makeover, EntreLeadership, Complete Guide to
Money, Smart Money Smart Kids and The Legacy Journey.

By age 26, Dave had established a $4 million real estate portfolio, only to lose it all by
age 30. Following his bankruptcy, Dave set out to learn God’s ways of handling money.
Using the wisdom he gained, he rebuilt his financial life. Dave now devotes himself to
teaching others how to be responsible with their money so they can retire with dignity
and give generously to others. You can follow Dave on Twitter at @DaveRamsey.

As a seasoned communicator and Ramsey Personality, Rachel Cruze has
been speaking to groups as large as 10,000 for more than a decade. The
daughter of Dave Ramsey, she joined Ramsey Solutions in 2010 and uses the
knowledge and experiences from growing up in the Ramsey household to
educate others on the proper way to handle their money wisely and stay out
of debt. Rachel coauthored the #1 national best-selling book Smart Money
Smart Kids with her dad. Her new book, Love Your Life, Not Theirs, released October 2016.
You can follow Rachel on Twitter and Instagram at @RachelCruze and online at rachelcruze.
com, or

Jon Acuff is the author of five books, including the New York Times best
seller Start and the Wall Street Journal best seller Quitter. A keynote speaker
at events across the country, Jon is also the creator of the popular blog You can follow Jon on Twitter at @jonacuff.

A popular and dynamic speaker on the topics of personal finance, retirement
and leadership, Chris Hogan helps people across the country develop
successful strategies to manage their money in both their personal lives
and businesses. He is the host of the Retire Inspired Podcast and the author
of Retire Inspired: It’s Not an Age. It’s a Financial Number, a #1 national best
seller. For more than a decade, Chris has served at Ramsey Solutions as a
trusted financial coach and Ramsey Personality. You can follow Chris on Twitter and Instagram
at @ChrisHogan360 and online at or

Speaker Booking Information
The goal of our Ramsey Personalities is to reach more people with messages that truly change this
world. Dave’s team of trusted speakers goes into markets and places Dave is no longer able to go
due to radio, media and his CEO responsibilities.

To book Rachel, Chris or any of our Ramsey Personalities, call 888.284.2488 or visit us online at

Financial Peace University Coordinator Guide


Let’s get started!

This Coordinator Guide is going to be your best friend for the next nine weeks.
In these pages, we’re going to walk you step by step through every detail of
your FPU class. Before we get too far though, we need to review a few general
pointers for coordinating a successful class.

This section will cover: Accountability Is the Key to Success
How to Use This Book Before-Class Checklist
Your Friendly Icon Guide After-Class Checklist
How to Lead Your Class Working With the Media
Small Groups Change Lives
Tips for Large Classes

Emergency Fund

events do occur—expect it!

Remember, we just said that Baby Step 1, the beginner

How to Use emergency fund, is $ in the bank (or $500 if

your household income is below $20,000 per year).

THIS BOOK months

of expenses in savings.

This book serves as both your Coordinator Guide and your Member Workbook,

so this is the only book you’ll need to bring to class each week. Let’s take a

close look at some of the featuArgerseyaot upl’lalcseeteoikneethpiysobuoroekm. ergency fund is in a

Murphy’s Law: account from a
Whatever can go wrong,
mutual fund company.

will go wrong. Weekly Lesson Guides
Financial Peace Coordinator Guide

Welcome & InstructIon

Do this (6 minutes)

V † Introduce yourself as the class coordinator. We’ve provideYdoauwr eemekelrygleensscoynfuguniddeisfnoorteaanch of the nine FPU cla;ss
Take a few minutes to explain your personal experience with FPU, how it has impacted your
life, how many classes you’ve coordinated (if any), and what you personally hope to get out
of the class. You might want to practice this beforehand!

† Hand out the Membership Kits for those who have already registered.
If someone has not already registered but knows they will today, go ahead and give them a
Membership Kit to use for this lesson if you have an extra kit on hand. Follow up with them
after class to finalize their registration.

† Encourage everyone to attend all nine lessons by saying:

If you really want to change your life, you'll want to be here for
every lesson! Each class session will be a little different, packed
with activities, case studies, discussion groups and other ways

Breakout GsreosuspioEnxse.rTcihse it is .tohelpmakethebehaviorchangesneededtowinwithmoney.

Don't miss any of it!

ese sections tell you what to do before, during and after† InstructeveryonetotakeouttheirMemberWorkbookandturntopage10.Tell

everyone what to expect by saying:

An emergency fund isBreak into smaller groups of 4 5 people to work through the following activity.AsDaveandtheotherteachersgothroughthelessonson

video each week, you'll see key words appear at the bottom of
the screen. Write those words in the blanks in your workbook

Choose a leader to read through the exercise aloud and keep the group onaswegoalong.

“Murphy Repellcanlta.”ss. Some pages are just for you, and some pages show what yourtask. Your coordinator will call the groups back together to report your indings.† CirculatetheFPUAttendanceSheetformembersandgueststosignduringthevideo.

start the Video
The following pages match the Member Workbook so you can follow along with your class.

Case Study 1Iatntiunrcnosnvaecnrieismnicsee.inmto bers see iDnothneoMt ember Workbotohkis. fund for purchases!CoordinatorOnly23

This is an especially exciting season in Mark and Julia’s life together. They have savings

The emergency fund is yourbeen married for five years, have two kids, and have spent the last three years

getting out of debt and building up their emergency fund. They are now financially

Page Numbeprrisority. Do it quickly!ready to stop renting and purchase their first home. The average home price is

$200,000 in their area, and they are committed to staying within the guidelines

they learned during Financial Peace University.

When youAs a28grouCp,oleot’srhdelipnthaetmomrake a wise financial decision. see two page numbers on one page, the green box shows

yourHere are some details about their finances: page number for this Coordinator Guide, while the blue box

12 Super Saving
Mark and Julia have a monthly take-home pay of $4,000

shows the corresponding page number in the Member Workbook.
They have $1F0,0i0n0 ainnthceiriaBalbPy Seteap c3 eemeCrgoenocyrfdunidnator Guide

They have $15,000 set aside for a down payment

ClaSS StatiStiC ExErCiSE(not including their emergency fund)

DiIsSCcuUsSSsIioOnN QuUeESsTtIiOoNnSs Answers

1. Using the simple calculation taught in FPU, determine the maximum monthly

Whenever the Member Workbook2f. iTgIpAfhuanMyirssamewrskieesnrat:tnao$tdh1ra,Jt0euth0Mlpiao0aedsr(ke2aec5atid%nyoedootfJofuuttlphihacueecroicrahntlalaaeacskfecefto-iathrved$oi.2dtm0ye0inw,p0a0eWy0)dehoiedmkein,2whWtoateisseethke2mth.inYeimotuuomtwdaolilwlcnclaosms tpuarrneatrhoeusned. asks a question with a definite

2. pIfaMyamrkenatntdheJuyl’lilandeeecdidaecctoorpduinrcghtaosethae$m20or0tg,0a0g0e hgoumideel,inwehsaotuistltinhedminintihmisulmessdoonw?n

answer, as opposed to a general discussion question, we’ve providedpayment they’ll need according to the mortgage guidelines outlined in this lesson?

3. JAunlisawhears:c$a2lc0u,0la0te0d (t1h0a%t itowfi$ll 2ta0k0e,0six0m0)ore months to save up a su icient down

the answer in green. We’ve also filled in the blanks in your Memberpayment. Mark believes they should pull money out of their emergency fund and
Class Statistic Exercise3. pJualyiaithbaascckatlcoutlhaetemdstehlavteist wlatilel rt,abkuet(s2Jixumlmiaiodnrisueatmgerosen)etsh. Esxtoplsaainvetouypoaursugfrfoicuiepnwt dhoawt ynou

tphainymk tehnety. Mshaorkulbdedlieovaensdthwehyys. hould pull money out of their emergency fund and

Workbook pages for you.† Have epvaeyrityboacnketottuhrenmsteolvepsalagteer, b13ut2Juinlia tdhisaegirreMes.eEmxplbainertoWyoourrgkrbouopowkhaatnydouinstruct them to tear

out thethpinekrthfoeyrashtoeudldcdaoradnd. why.

Answer: This is not an emergency. If they use up the emergency fund to buy

† Tell thettmhheathtwohiuallssteu,trthehlieysycawocmilltehivauivpteydnuworicnialglsbthheoenmthhoaevnedc. tloascosv’ e“raafntey runpfoicretusereen.”expenses
Remind them that they did this activity in the second week of FPU. This week, we’ll collect

Important Notesthe same information and compare these statistics to what we found in Week 2 to see what
Coordinator 195
Ichanges have taken place in the class as a whole.
Real Estate and Mortgages 125

The information theWy’llhweritneeovn ethre wcared nisetheedsatmoetaesltlhye ou something really important, we’ll point

information they shiotuloduhatvwe uistehd tfohrilsastyweelelok’swFinbaanrci.alDon’t miss these notes!

Reality Check homework.

† Make sure no one puts their name on the card. This is an anonymous activity.
The goal is to get the overall class statistics, not to focus any one individual. Be careful to
avoid any sense of shame or guilt associated with the information on the card.

† Give everyone two minutes to fill in the information before taking up the cards.

† Instruct everyone to turn to page 134 of their Member Workbook.

† Circulate the FPU Attendance Sheet for members and guests to sign during the video.

10 CoordinSatatorrt tOhnelvyideo now.

As the video plays, use the log on the next page to record the information you just

Your Friendly


As you work through this Coordinator Guide, you’ll see a handful of green
icons to indicate important points and specific action items. Here’s a simple
reference sheet to help you identify what each icon means.

Coordinator Coach

Think of this little guy as your personal coordinator coach. He’s there
to point out key action items and special tips as you work through the
book. Whenever you see him, be sure to stop and take note of what
he’s telling you. It’s important!

“Say This”

Whenever you see this icon, you’ll read the text exactly as it
appears. This helps avoid confusion, primarily when asking pointed
discussion questions or giving detailed instructions to your class.

Other Helpful Icons You Will Find in This Book

Start the Video Financial Reality Check
Break Into Small Groups Breakout Group Exercise
Small Group Discussion Make It Happen

Coordinator Only 11

How to Lead


The weekly lesson sections in this book will give you a heads-up on specific lesson-
related tasks, goals and expectations each week. For now though, let’s look at some
overarching things to be aware of as you gear up for your first class.

Your job is not to “fix” your class members. Your job is to
help provide hope. The first and most important way you
can do this is to simply make your class a safe place to
share, grow and learn!

Make It a Safe Place Respect Everyone’s Time

When someone joins an FPU class, they’re The FPU lessons as presented in this guide
often going far outside their comfort are timed for a 90-minute class session.
zone. The thought of opening up and However, many coordinators prefer a
sharing their mistakes and misfortunes two-hour class session, which gives more
with money can be pretty scary. In fact, time for group interaction and discussion.
we’ve found that many people walk into If your group agrees to a longer session,
their first class with a strong sense of feel free to spend more than the allotted
guilt, shame or fear about their financial time in some class segments. However,
condition. They may also be skeptical or make sure that your church leadership
even cynical about any class that claims is aware of the expanded time frame so
it can help them. That’s okay! Don’t try to everyone can make appropriate childcare
talk them out of what they’re feeling. and facility arrangements.

Exclusive Online Coordinator Perks

We’ve packed tons of useful tools, resources and training into FPU Central, so
check it out today! While you’re there, be sure to sign up for our budgeting tool
at It is free for you and anyone you know, including your FPU
class members!

As a coordinator, you get special pricing on many of the most popular items in Dave’s
store! This includes Dave’s best sellers like The Total Money Makeover and Financial
Peace Revisited, as well as Financial Peace Junior, The Graduate’s Survival Guide,
T-shirts, and much more! Just visit to enjoy
your coordinator perks!

12 Coordinator Only

Small Groups


Personal finance is 80% behavior and 20% head knowledge. That means taking
control of your money is more about what you do than what you know. There’s
no better tool for changing behaviors than the properly led small group!

When people sit face-to-face and work through their hopes,
dreams and fears about money together, amazing things
will happen!

Your weekly lesson sections will walk you through how to run your class each
week, but here are a few tips for leading an outstanding small group.

Tips for Leading a Small Group

Encourage Openness and Excitement

Everyone in the room will take their cue from you, so if you open up, listen intently
to others, and use humor and personal stories, the rest of the class will too.

Create Interaction

Get the discussion started and then let the members take over. The best classes
are the ones in which the members themselves hold each other accountable.

Don’t Fear Silence

Sometimes you’ll have to sit in a moment of silence after asking a question.
That’s okay! Silence can be a powerful motivator.

Follow the Guide

Each week’s lesson section is designed to flow well from one thing to the next.
There is no “cookie-cutter” week, so be careful to follow along with the guide for
every individual lesson!

Coordinator Only 13

Tips for


FPU classes come in all sizes depending on the size of your church and
community as well as the effectiveness of your class promotions.

We recommend breaking larger classes into smaller
discussion groups of no more than 20 people after the
lesson video is over.

When you need to break a large class into smaller groups, you will need to
recruit some help to lead the multiple discussions. That’s where a class
co-coordinator comes in!

The Co-Coordinator

A co-coordinator is a person who will run the small group discussion and breakout
group exercises for each smaller group. Co-coordinators should be introduced to the
entire class in the first week and empowered to check budgets and attendance in the
smaller groups just as you are.

Co-Coordinator Kit Each co-coordinator will need his or her own
coordinator materials, which we’ve packaged in our
Coordinator Guide Co-Coordinator Kit. Ask your Advisor in our office
Question Cards for details on ordering these kits for your
Lanyard & Badge co-coordinator(s) if you haven’t done so already.
Online Access to
Fundamentals of If you do utilize co-coordinators, be sure to make
Coaching yourself available to them for help and support, and
always maintain the lead within the larger class.
Also, to avoid confusion and potential conflicts, we
ask that any communication between your class and
our office come through you as the lead coordinator
as much as possible.

14 Coordinator Only

Accountability Is the


One of the most powerful things about Financial Peace University—maybe the
most powerful thing—is the built-in accountability it provides. The small-
group component has been the key for families making lasting changes in their
financial behaviors. The accountability factor cannot be stressed enough!

meEinvaseectarrhuynowcinntegeye’oyskou,btuhutowdisdgiClloeoqtaoutor“icbdmkuinldyhaaoUsgkintcsgaoVeeinhgchrMtasreitoYGcuncthhrkutolteAyeLitCdoctiAaLtsekt’hrsan,Fsp”wcollrootattwhiFioinongolPdllan totAL totFAhirLsoCRtEoUMesmltlaMeosiCretgreVihcrtinemgtgaihheFnargeeiungatnosgycnetryd/&FRiFuneotunnffYndtedtrinhgs lyAddCup tbauodgtettsAeoidL&n4thec4snoA1ltUu10eLmrr0nhaFernecleotrwCCAlehcdaTilluRhndGeoleiFrtsnrPess(eootgwnt(icaM/8hceoLoeuo8snlo(arrirdscwinakunearrnntsoegoht3pdrswrlkryne8ys))tenatkgeo-oHdoopmtieonsPafoyrrcaesch77ret6n5ev56o55ae3l0tto0p0Ai,e06osL6n0 peLIordDAneHisHsugnLoaotie-tiotmbnfiateeniylIlesrtniIthamnotUsyswhuIlnIurCernnsraafaseautnrurnernc/racReanecencneceeterAsRseRopeScaaeiFailcritErsoiso/sntMtndaMaDtMCeionuroRotttl.aergEletxtmagigergaeeesegmrF/geRueeCennnhtndtcaittFyrhuiFtenyusdn&doffSCepraeisnn*h1tg0–sl1o5wBsSuipndegan*en1t0tde–d1oA5udSdBtpeuueapdncgbtheudtmegdeotBneu&tdhdGec.gnoMteleutaemrkdnheeCsruelCerehAainydldoiunurlegttsne/LRllaeiGtuTsrwhntoeahdscueererryrieacienMotnostsosgrnoet!phrelys*e2tn–ta7kgoeSo-dpHeoopn*tmt5i–o1ne5sPSfBpaoureydncgatestheednBvuedlogpeetsed Cash lows in anSdp*oe10un–Stt1pe5L*e%a1o0nIcSdn–htBDpe1g5eumAin-s%tndtuHaoeitgtbtHonrByoimmtLleutiIhtiandfehyC.elsBgMtoeaIuheInuwfrnarttsIdaesknnugndueesrecrurasta/ernueRnadcrecneenecyteeoru tell it whereSpteongto! Budgeted SpVe*aE5nSc–ntp1at5ete%inrottnaBinumdBgeeuntdetgdeted Spent BudgFoodFood

Transportation Charity


Housing Insurance
Reality Check
Medical Debt

Recreation Envelope





Food Transportation

Food Charity Personal

Transportation Insurance Debt

Charity Envelope

Personal Housing Medical

Housing Insurance Recreation Savings
Reality Check
Medical Debt Clothing

Recreation Envelope Food Utilities Envelope
Savings Food Transportation Charity Personal Insurance Debt Transportation Reality Check Food

Clothing Charity Food Transportation Transportation

Utilities Personal Charity Personal Charity Personal

EnveloHpeousing Insurance Debt Envelope Insurance Insurance

Envelope % Food Transportation Charity Personal Insurance Debt Insurance Debt Envelope Debt Envelope
Housing Medical Recreation Savings Clothing Utilities Envelope Medical Debt Personal

Recreation Envelope Transportation Charity

Savings Food Housing Medical Housing

Reality Check Food Debt EnvelopeEnvelope Recreation Medical Recreation
Housing Medical Recreation Savings Clothing Utilities Clothing Transportation TransportatMioendical CharitRyecreationPersonaSl avingsInsuranceClothing Utilities Savings Clothing Savings
Housing Reality Check
Utilities Charity Personal Utilities Clothing

Envelope Insurance Envelope Utilities

Food Debt Envelope Food Food

Transportation Transportation Envelope Reality Check

Charity Charity Clothing Utilities

Personal Housing Medical Savings

Housing Insurance Recreation Savings Personal Medical Recreation

Medical Debt Clothing Utilities Housing Insurance Housing
Reality Check
Recreation Envelope Envelope Medical Debt Food
Savings Reality Check Recreation Transportation Charity

Reality Check Clothing Savings Personal Insurance

Food Debt Envelope
Transportation Food Transportation Charity Personal Insurance Debt Envelope Utilities Clothing

Charity Envelope Utilities Housing
Personal % Medical Recreation

Housing Insurance Food Transportation Charity Personal Insurance Debt Envelope Savings Clothing
Reality Check
Medical Debt Housing Medical Recreation Savings Clothing Utilities Envelope Utilities

Envelope Reality Check Debt Envelope Food

Recreation Personal Insurance Transportation

Savings % Food Transportation Charity Personal Insurance Debt Envelope Charity

Clothing Housing Medical Recreation Savings Clothing Utilities Envelope Transportation Charity

Utilities Food EnvelopEenvelope

Envelope InsuranceClothing Debt Utilities Personal

Personal Housing Insurance
TransportatMioendical CharitRyecreation Savings
Housing Medical Recreation Savings Clothing Utilities Envelope

Food Medical Debt
Housing EnvelopEenvelope Recreation Envelope
InsuranceClothing Debt Utilities

Personal Food Transportation Charity Personal Insurance Savings

Food Transportation TransportatMioendical CharitRyecreation Savings Reality Check

Charity Personal Food Housing Clothing

Insurance Debt Envelope Utilities

Envelope Clothing Utilities Housing Medical Recreation Savings Clothing Utilities Envelope Envelope

Recreation Savings

Food Housing Medical

Transportation Medical Recreation Housing

Charity Savings Clothing *10–25%
Personal Utilities Envelope

Transportation Food Transportation

Insurance Reality Check
Second M ansp1o ) t1oes as & eted e *2–7% etedHousing Housing % Charity
Debt Personal
aBnuydt odononen’es’t pwtehorersorynw;ayaloyinufDworaomvna’ettbitoeenUtdai.litiicTegs hhgieteontArLsge.’tiostnAL otonMledyical/health totAL CInPattbhWreGloaEeraUasnlntesheeetAcRr/ttRsiMrelseipcooiaiatcbtliyiEirialseest/itsMoantaeoiDntrutat.gexasegse p14e25t17r4o05s95ot049An5L4al5 VoDitDpMaeMotmnoectomeditiCsoLi6dtRcaethriGc0arteieBraectpRriiisnsolaael_tss&n_iplret_s1sl_o/ao&3_h&Nc_itl_8ete_AtamA_iaL_2xr_eeelr_sn_stt_t_ha__tioHnospital d5e2tb0ot02stH0VAo0mILSe50ADt0eApoLt 4155301t05ot0A5L0 BPPaoRboGcoeycSikpAfrkuCteSglBlesabEithuamCotc(sdMtipnilMCooecnodoupiorkshzciFnociSlmsnapi.euaynlu/CtdetttrSeeiipriyonhouoCtiypeniirn(pnctai(soHusssHp/Drrttree/ltmiueHiusr/eeSs)iaast)isiitsrot)eCnrareCaInbPtlehetrorWnaneGsaethaEt/eMsleroctbriilceity *5–10 Spe*n2t5–35 Budgeted oothVtehiorteaDp_rm_tDe__o__niMo_n_mt__csi_e_set__dot__t_r_irc__isB__ao_t_it__liClt__osh__aLn__e_risRc_rRee_e_np_psa_le_iar_sc&__eo&_tm_ia_lt_xei_ren_e_sts__ Spen*t10–15 BudgSepteendt Budgeted BaPboPcoRkceGekptioeflMtatSrsgcMuAo(eabinlConnisFmSenhcBicuzpye.i*oroErla2eCidynopdnt5Cnhiik(S–ytuotottHri3suuocnios5C/sirapnmsSi%teDhlt)pmseuieiuootlpBdatrenripiusctes/Cl)dstisae/ugHrseietati/eoiSrdniCttaerre Spe*n10t–25 BudgetedooothStehtSruetS_dru_tSe_d_u__tnCed__ut__nrCed__eLt_nSrCeod_eLptn_rCaiod_eLte*tn_rCa1iondC_eLt0nr_C4aitaodC–et_n1aCrS_3aiadC5td_rpnar%2_iaCtdP_e5rr1aCnBadP4_ryatu_ad3__mrdy__d2___mg_e__1__e__n_e__B_t___te_n__u___2dt__d__1_g_eted Spen*t5–10 BudgetedRealityCheckCharityEnvMeloepdeicalDebtInsurance
Food Transportation Charity Personal Insurance
Personal Housing Savings Debt
Recreation Envelope Envelope
Insurance Envelope Envelope
Savings Food Insurance
Medical Debt Reality Check Food Transportation HousinPgersonal Medical

Recreation Envelope Clothing Transportation Charity Personal Transportation Charity Recreation
Medical Recreation Clothing Utilities Envelope Utilities Charity Insurance Food Savings
Savings Envelope Personal Debt Envelope EnvelopEenvelope Clothing Utilities
Envelope Clothing
Clothing TransportatMioendical CharitRRyeeacrlietaytiConhPeecrskonaSl avingsInsuranceClothing Debt Utilities

Utilities Food Transportation Charity HousinPgersonal Insurance Debt Insurance Transportation

Envelope Medical Debt Housing EnvMeleopdeical
Recreation Envelope %Recreation Charity Food
Housing EnvelopEenvelope
EnvelSoapveings Personal Insurance Personal % InsuranceClothing Debt Utilities
Envelope Savings
% Food Transportation CharitRyeality ChPeecrksonal Insurance Debt Clothing Transportation Charity Utilities Envelope Personal
Housing Medical Recreation Savings Clothing Utilities Food Insurance TransportatMioendical CharitRyecreation Savings
Utilities Reality Check Envelope Housing Food Housing

Clothing Utilities Medical Debt Utilities Envelope

Food Transportation Charity Personal Insurance Debt Envelope Clothing

Housing Medical Recreation Savings Clothing Utilities Envelope Recreation Envelope Savings

Housing Medical Medical Recreation

Reality Check Savings Housing

Food Housing Medical Recreation Savings Clothing Utilities Envelope Clothing

Transportation Food Transportation Utilities

Charity Charity Personal Envelope

Personal Insurance Debt

Housing Insurance Envelope
Reality Check
Medical Debt Housing
%Reality Check
Recreation Envelope Medical Recreation

Savings Savings Clothing

Clothing Utilities Envelope


Envelope Food Transportation

Charity Personal

Insurance Debt


Housing Medical

Recreation Savings

Clothing Utilities


Reality Check Envelope

Insurance Debt

Food Transportation Charity Personal Insurance Debt Envelope Personal

Transportation Charity

Food Envelope

Food Transportation Charity Personal Insurance Debt Envelope HToruasnTisrnpagnosrptaotMrioteandtMiiocenadlicCahl aCrihtRyaerictRyreeactrieoantPioernsPoenrsaSol anvaSilnagvsiInngssuInrasnucraeCnlcoetChliontghiDnegbDteUbttilUititeilsitiEesnvelopEenvEenlovpeelope

Housing Medical Recreation Savings Clothing Utilities Envelope

% Food
Food Transportation Charity Personal Insurance Debt Envelope

Housing Medical Recreation Savings Clothing Utilities Envelope

Housing Envelope

Housing Medical Recreation Savings Clothing Utilities Envelope Utilities

Savings Clothing

totAL to 0 3300ootthheerr____n___s_____________________ 48 MPuetsiScu/tpepclihenslioelsogy*Dav *5–10 MMPuesticS/utypeScpuhlip*epslies (Hers) oothtehtreh_re__r________________________________________% Medical

one number you’ll look for on the budget, 3t9A4L ______ to5tA0L 5t ooMtthhiesecrre___ll__a___n___e___o___u____s_____________e’s Recommended Percentages Sign in to FPU Central at daveoraotmhtseheriyes._rcc_oe__m__ll__a__t_on___ed___o_o__wu___n_ns5__lo_o–_1al0_od_%g_thyis form and explore our suObntrcaectyaolul chaateveY_co_uo_r_m_*g_5op_a–_l1_0_is_%_O_%_____ *5–10% *5–10%
Iafnydouth’raetnisotthalerezaedroy faatmthileiabrowttiothmzeorfot-hbeaspeadgbeu. dgeting, t1o2t0AL = – ZCERAtotEABGKAoELR-AH3YNot,3C60MoE6,6tE0A6PL0ASYo5t3AL totAL___ Sign in*t5o–F10PU Central at daveroatmhesreyo.cnolminbTnuuthemodebRgbdeugeeotormdwageUtinlfsemsoloootebrftizanemotedfraghrgrtioAe—htoefzdomite“sdonritfeelonoushc-acrp!eibcmosshatmssoaecaetnardasdtyoleesuxgrpocrleoysr”e og*uDorarovyteh’tseorRtleaoecnltsoelimnfdremofbimelulninddyggeeodtouiPnuregtrtctaeoekoaneltcsa-h!hgeocsmateegpoaryy.,%

Dave will teach you all about it in Lesson 3.

Tracking Class Attendance

You’ll also keep up with attendance every week using the FPU Attendance Sheet
available online in FPU Central. Stress early and often the need to complete the entire
program. In order to officially “graduate” from FPU, members need to complete at least
eight of the nine lessons.

Part of your job is to hold members accountable for successfully graduating from the
class, so be sure to follow up with anyone who misses a class session!

Coordinator Only 15



Check off the items below as you prepare for each class session. Be sure to take
the following “What to Bring” items to class every week! If a particular lesson
requires anything beyond what’s listed below, we’ll let you know in that week’s
lesson guide section.

What to Bring

†† FPU Attendance Sheet
Download this form from FPU Central.

†† Your Leadership Kit
You will definitely need your lanyard, question cards and each week’s lesson DVD.

†† Extra Pens and Pencils
†† A Pair of Scissors

This will be a necessity each week starting with Lesson 4.
†† Other items as noted in each week’s lesson guide section

How to Prepare

†† Unlock the doors and hang any signs needed to direct people to the classroom.
†† Set out chairs so that everyone has a good view of the TV or projector screen.
†† Check the audio and visual equipment.

Make sure the DVD works in the room’s player and the TV or audio system is loud enough
for everyone to hear.
†† Pray for a great class session.
Ask God to bless the interaction among your members and to drive this information deep
into their hearts and minds.
†† Put on your name tag and lanyard.
†† Welcome everyone as they arrive. Try to greet them by name!

16 Coordinator Only



Within a day or two of each class session, check off the items below to
stay connected to your members and keep up with your basic coordinator
housekeeping duties.

How to Follow Up

†† Update your class attendance online through FPU Central.
Always be aware of who misses a class and follow up with anyone who misses two or more
consecutive classes.

†† Email your class members during the week.
Encourage them to press on and apply each week’s principles to their lives.

†† Pray for each of your class members.
Each week will present new challenges and opportunities for your class members. Ask God
to bless their efforts more than they can even imagine as they work through this material
and do each week’s assignments with their spouse or accountability partner.

A Word About Working With the Media

Financial Peace University and The Dave Ramsey Show keep on
growing! What does that mean for you? As the show gets more
and more popular, you might have someone from the media
contact you for information on FPU and the impact it has had
on your class.
While this is a great way to promote your class, you never know what to expect when
dealing with the media. That’s why we’re here to help.
We have a team of public relations professionals ready to assist you if you are
contacted about Financial Peace University by someone in the media. Please contact
us by email at [email protected], and we’ll tell you what to expect
and how to use this extra exposure to your advantage!

Coordinator Only 17

Financial Peace University Coordinator Guide



Expect This
You will likely have attendees who have not registered yet. That’s okay! Be sure to
note those who have not joined and follow up with them after class.
The most important part of the small group time this week is for the members to
get to know each other.
You may have a guest who was invited by another FPU member. If so, encourage
them to join your class!

Do This
Review the Before-Class Checklist on page 16 of this guide.
Check enrollments by logging in to FPU Central.
Email enrolled class members to welcome them and to introduce yourself as
the coordinator.
Bring membership kits for those who have preordered, as well as some extra kits
for those who will register this week.
Set up a kit as a display for those who have not enrolled in the class yet.

Financial Peace University Coordinator Guide


Do This (6 minutes)

†† Introduce yourself as the class coordinator.
Take a few minutes to explain your personal experience with FPU, how it has impacted your
life, how many classes you’ve coordinated (if any), and what you personally hope to get out
of the class. You might want to practice this beforehand!

†† Hand out the membership kits for those who have already registered.
If someone has not already registered but knows they will today, go ahead and give them a
membership kit to use for this lesson if you have an extra kit on hand. Follow up with them
after class to finalize their registration.

†† Encourage everyone to attend all nine lessons by saying:
If you really want to change your life, you'll want to be here for
every lesson! Each class session will be a little different, packed
with activities, case studies, discussion groups and other ways
to help make the behavior changes needed to win with money.
Don't miss any of it!

†† Instruct everyone to take out their Member Workbook and turn to page 10. Tell
everyone what to expect by saying:
As Dave and the other teachers go through the lessons on
video each week, you'll see keywords appear at the bottom of
the screen. Write those words in the blanks in your workbook
as we go along. Also, you'll see a space at the beginning called
"Tell Your Story." Use that space each week to keep an ongoing
journal of your experiences as you work through each lesson.

†† Circulate the FPU Attendance Sheet for members and guests to sign during the video.

Start the Video

The following pages match the Member Workbook so you can follow along with your class.

Coordinator Only 21

Tell Your Story

Week 1
What do you expect to be your greatest
challenge as you get started with FPU?




We’re not a nation of savers. The typical American could not
even cover a $5,000 emergency without having to borrow
money. And big purchases? Nothing a swipe of the plastic can’t
take care of, right?

In Super Saving, Dave blasts through the hype and reveals the
reasons why you should save money, how to be prepared for
emergencies, and how to build genuine wealth—without luck or
the lottery! More than that, Dave will truly get you excited about
saving. Impossible? Not when you start Super Saving!

After I got my the seVen BaBY steps
$1,000 in the bank, There is a process for winning with money over time. No matter
I finally had some peace where you are today, whether you’re financially secure or
of mind, and I didn’t financially distressed, these Baby Steps will walk you step by step
feel like I had to freak toward financial peace.
out because something
unexpected came up. 1BaBYstep Save $1,000 in a beginner emergency fund.
IT WAS AWESOME! ($500 if your income is under $20,000 per year.)
2BaBYstep Pay off all debt (except the house) using the
If you live like no one debt snowball.
else, later you can live
like no one else. 3BaBY step
Put 3–6 months of expenses in savings.
4BaBYstep Invest 15% of your household income into
24 Coordinator Roth IRAs and pre-tax retirement plans.
10 Super Saving
5BaBYstep Save for your children’s college education
using tax-favored plans.

6BaBY step
Pay off the house early.

7BaBY step
Build wealth and give!

Saving Basics

1BaBY step $1,000 in the bank. America consistently
has one of the worst
Saving must become a PRIORITY . personal savings rates of
all the nations of
You must pay yourself FIRST . the world.

Give, save, and then pay BILLS . Thisitisanydougretfiirtstdognoealf.aAsttt.ack

Saving money is about EMOTION and For the love of money
CONTENTMENT . is a root of all kinds
of evil.
Building wealth is not evil or wrong.
—1 TIMOTHY 6:10
Money is AMORAL .
Making money is
Christian author Larry Burkett once said, “The only much harder to do
difference between saving and hoarding is if, deep down, you
suspect it to be a
ATTITUDE .” morally reprehensible
It is the Christian’s spiritual DUTY to take
dominion over money. If we don’t, we surrender God’s
resources to the enemy! Coordinator 25
Super Saving 11
In the house of the wise are stores of choice
food and oil, but a foolish man devours all he has.

— PROVERBS 21:20 (NIV84)

Two page numbers?

The green one refers to this guide and the
blue one refers to the Member Workbook.

Why Save?

You should save for three basic reasons:

• WEALTH building

Emergency Fund

UNEXPECTED events do occur—expect it!

Remember, we just said that Baby Step 1, the beginner

emergency fund, is $ 1,000 in the bank (or $500 if

your household income is below $20,000 per year).

allbRceeofmnoesrmuembseetrra,dryetobiuntgwiiBnlalBbpayabyyStoSeftpfe3p .2 3BABY STEP 3–6 months
of expenses in savings.

Money Market Accounts A great place to keep your emergency fund is in a
can be opened at your
local bank or credit MONEY MARKET account from a
union. Be sure to get one
that gives you check- mutual fund company.
writing privileges.
Your emergency fund is not an INVESTMENT ;
Murphy’s Law: it is INSURANCE .
Whatever can go wrong,
will go wrong. Do not TOUCH this fund for purchases!

26 Coordinator The $1,000 emergency fund is your FIRST savings
12 Super Saving priority. Do it quickly!

Don’t DriVE yourself broke!

LET’S SAY an average car payment = $492 a month for 63 months.
WHAT IF you put that $492 into a cookie jar each month? You’d be

able to pay cash for a $4,900 car in just 10 months!

If a teenager takes this to heart early and never has a car
payment throughout his whole life, can you imagine how
wealthy he could become just from this one decision?

Purchases One definition of
maturity is learning
Instead of BORROWING to purchase, pay cash by to delay pleasure.
using a SINKING fund approach. Children do what
feels good; adults
FOR EXAMPLE ... devise a plan and
follow it.
If you borrow to purchase a $ 4,000 dining room
set, the furniture store will probably sell your loan to a
finance company.

This means you will have borrowed at 24 % with
payments of $ 211 per month for 24 months.
So, you will pay a total of $ 5,064 for that set.

But if you save the same $ 211 per month for only
18 months, you will be able to pay cash.

Coordinator 27
Super Saving 13

Daily decisions make a HUGE impact!

12% rate of return in his PER DAY PER MONTH FROM AGE 16 TO 76
investing examples? BOTTLED WATER
Find out in this bonus $2 $60 $7,825,768
online article.
GOURMET COFFEE $5 $150 $19,564,358
LUNCH (5 days/week) $8 $160 $20,868,640
Is it worth the cost in the long run?
No discipline seems
pleasant at the time, Wealth Building
but painful. Later
on, however, it DISCIPLINE is a key ingredient.
produces a harvest
of righteousness and Building wealth is a MARATHON ,
peace for those who not a SPRINT .
have been trained
by it. 40 years of saving $ 100 per month, every
month, at 12 % will build to $ 1,176,000 .
—HEBREWS 12:11 (NIV)
A faithful man will withdrawals are a good way to build in discipline.
abound with blessings,
but he who hastens Compound interest is a mathematical
to be rich will not go
unpunished. EXPLOSION .

—PROVERBS 28:20 You must start NOW !

28 Coordinator
14 Super Saving

The Story of Ben Arthur
Invests Total Age Invests Total
BEN ARTHUR&And the power of compound interest
2,000 2,240 19 0 0
2,000 4,749 20 0 0
2,000 7,558 21 0 0
2,000 10,706 22 0 0

14,230 23 0ARTHUR0

18,178 24 ST0ARTS LAT0 E
22,599 25 0 0

2,000 27,551 26 0 0

0 30,857 27 2,000 2,240

BESNAVSITNOG000P! S 34,560 28 2,000 4,749
38,708 29 2,000 7,558
43,352 30 2,000 10,706

0 48,554 31 2,000 14,230

0 54,381 32 2,000 18,178

0 60,907 33 2,000 22,599

0 68,216 34 2,000 27,551

0 76,802 35 2,000 33,097

0 85,570 36 2,000 39,309

0 95,383 37 2,000 46,266

Ben starts saving money at 19 years old. 0 107,339 38 2,000 54,058

He saves $2,000 a year until age 26, a total 0 120,220 39 2,000 62,785
of eight years. After that, he never invests 0 134,646 40 2,000 72,559
another dime. 0 150,804 41 2,000 83,506
0 168,900 42 2,000 95,767

Arthur starts saving money at 27 years old. 0 189,168 43 2,000 109,499
0 211,869 44 2,000 124,879

He saves $2,000 a year until age 65, 0 237,293 45 2,000 142,104
almost his entire life. 0 265,768 46 2,000 161,396
0 297,660 47 2,000 183,004

At the end of the story, 0 333,379 48 2,000 207,204
0 373,385 49 2,000 234,308

Ben, who invested only $16,000, ends up 0 418,191 50 2,000 264,665

with $2,288,996! But Arthur, who put in 0 468,374 51 2,000 298,665
$78,000, ends up with $1,532,166. 0 524,579 52 2,000 336,745
0 587,528 53 2,000 379,394

0 658,032 54 2,000 427,161

0 736,995 55 2,000 480,660

0 825,435 56 2,000 540,579

0 924,487 57 2,000 607,688

Just because he started early, 0 1,035,425 58 2,000 682,851
0 1,159,676 59 2,000 767,033
Ben came out 0 1,298,837 60 2,000 861,317
0 1,454,698 61 2,000 966,915

ahead by over 0 1,629,261 62 2,000 1,085,185
0 1,824,773 63 2,000 1,217,647

$700,000! 0 2,043,746 64 2,000 1,366,005
0 2,288,996 65 2,000 1,532,166

$2,288,996 $1,532,166

Exponential Growth

If riches increase, do The rate of return, or INTEREST rate,
not set your heart on is important.
$1,000 One-Time Investment
—PSALM 62:10
No withdrawals, age 25 65 (40 years)
If you do the things
you need to do when $750,378
you need to do them,
then someday you $600, 000
can do the things you
want to do when you $400, 000
want to do them.
$200, 000 $93,050
Make all you can,
save all you can, give 6% 12%
all you can.



If you are currently
struggling, behind
on your bills or in
collections, watch the
free Credit Sharks in
Suits lesson online in
FPU Central.

30 Coordinator
16 Super Saving


It’s time to take your first step toward Quick-Start Budget
financial peace with this simple, one-page Taking control of your money starts here!
Quick-Start Budget, found in the back of this
book. This form takes your expenses down Add up budgeted column here These icons represent good options for cash envelopes
to the bare necessities and helps you get & enter
your arms around your income—and your
outgo. Don’t worry about listing out your charitY Budgeted Food Food Insurance Envelope Budgeted $1,000 SINKING
debts yet; we’ll get to that later. For now, we Food Transportation Charity Personal Insurance Debt Envelope Transportation Charity Personal Debt Envelope totAL PRIORITY $4,000
just want to get you started with the basics. Budgeted FIRST 24%
Envelope BILLS $211
Debt Budgeted CONTENTMENT $5,064
tithesSavings Insurance GroceriesMedical ATTITUDE 18
Housing Medical Recreation Clothing Utilities Envelope Personal Housing Recreation Savings Clothing Utilities EMERGENCY MARATHON
Transportation Charity Envelope WEALTH 40
Food Utilities $1,000 12%
36 $1,176,000
Reality Check totAL Recreation Savings INSURANCE EXPLOSION
Food Transportation Charity Personal Insurance Debt Envelope Housing Food Transportation Charity Personal Insurance Debt Envelope

saVing BudgetedHousing clothing

Housing Medical Recreation Savings Clothing Utilities Envelope Medical Recreation Savings Clothing Utilities Envelope


Emergency Fund Debt Adults
Reality Check Reality Check Insurance


Transportation Charity EnvelopeEnvelope
other _________________ Food Insurance Debt
Food Clothing
TransportatiMonedical CharityRecreatioPn ersonalSavings


Housing Clothing

totAL Recreation Savings


Food Transportation Charity Personal Insurance Debt Envelope Housing
hoUsing Budgeted transportation

Housing Medical Recreation Savings Clothing Utilities Food Transportation Charity Personal Insurance Debt Envelope

RealityCheck First Mortgage/Rent Car Payment
Second Mortgage Housing Medical Recreation Savings Clothing Utilities Envelope
Real Estate taxes
Repairs/Maint. Reality Check Car Payment
Homeowner/Renter Ins. Gas & oil
Envelope Repairs & tires
Auto Insurance



Transportation Charity Envelope

Food Utilities




Medical totAL
Housing Budgeted


Food Transportation Charity Personal Insurance Debt Envelope

Utilities BudgetedFood personal

Housing Medical Recreation Savings Clothing Utilities Envelope Transportation Charity Personal Insurance Debt Envelope

Reality Check Electricity Life Insurance

Housing Medical Recreation Savings Clothing Utilities Envelope

Gas Health Insurance

Reality Check

Water Envelope Disability Insurance
Child Care/Sitter
Debt Entertainment
other _________________
trash Insurance other _________________


Transportation Charity EnvelopeEnvelope
Phone/Mobile Food Insurance Debt
Food Clothing
TransportatiMonedical CharityRecreatioPn ersonalSavings

Internet Utilities

Housing Clothing



Cable Medical


totAL totAL

Add up totals CAtEGoRY totALS
from all categories

Sign in to FPU Central at to download this form and explore our other online budgeting tools!

Go from pen and paper to high tech with our FREE online budget
tool, EveryDollar! Your FPU membership gives you a 90-day free
trial of EveryDollar Plus from FPU Central. Enter your income then
assign every dollar of your income to the personalized budget
groups. That’s all you have to do to set up your first budget!


There is a short video after the One-Minute
Takeaway. Wait for it to finish before moving on.

One-Minute Takeaway

What jumped out at you in this lesson? How can this a ect your story?

Financial Peace University Coordinator Guide


Break Into Small Groups

†† If your class is larger than 20 people, split the class into multiple discussion groups with
a co-coordinator for each group.

†† Arrange the chairs in a circle for the introductions and small group discussion.

Member Introductions (8 minutes)

†† Get to know each other.
Start by simply getting to know each other. Encourage discussion by saying:
Behavior change will be the main thing that drives our success as we work
through the class, and nothing does a better job of changing behaviors
than engaging with a small group of peers. We'll be spending a lot of time
together over the next nine weeks, so let's get to know each other.

Everyone in the circle should take about 30 seconds to introduce
themselves by answering this question: What is your name, and what do
you hope to get out of Financial Peace University?

If a co-coordinator is leading the discussion and they have not yet been introduced to the
class, he or she should go first.

Small Group Discussion (10 minutes)

†† Take out the Question Cards numbered 1–5.
Keep Card 1 and randomly pass out the remaining four to individuals in the group.

†† Direct everyone’s attention to page 18 of their Member Workbook and say:
I've passed out a few cards with numbers on them to help with
our small group discussion. I have Card 1, so I'll read the first
question. Then we'll all talk about it together—not just me! Then
whoever has Card 2 will read the second question. We'll keep
going until we've covered all the questions. We've got about 10
minutes, so let's get started.

32 Coordinator Only

Small Group Discussion

true life-change happens when you open up and work through this
material together. Break up into discussion groups of no more than 20
people to talk through the following questions. Be honest in your answers!

1 If you follow the plan outlined throughout FPU, the next nine
weeks will change your money—and your behaviors with
money—forever. However, if it were easy, everyone would have
financial peace! Talk about one or two things you are worried
about having to deal with or something you are looking forward
to achieving as you work through the program.

2 American families typically save far less of their income than
those in other countries. In what specific area(s) could you be—or
would you want to be—more diligent about saving?

3 Dave says, “I’m positive—emergencies are going to happen!” Talk
about a financial emergency you’ve had over the last few years.
How would the situation have been different if you’d had an
emergency fund specifically for these types of expenses?

4 Dave recommends building sinking funds into your budget
to cover big purchases and future expenses. Talk about some
expenses you’ve had in the past that could have been less
stressful with a sinking fund.

5 The time has come for all of us to start dreaming bigger. Imagine
yourself debt free with an emergency fund in place, fully funding
retirement and college investments, and writing the check to pay
off the house. What are some things you can’t wait to do with the
money—and freedom—you’ve secured for yourself?

Be comfortable in the silence.

It's okay if no one answers immediately.
Give the group some time to sit in silence and think.

18 Super Saving Coordinator 33
Super Saving 18

Financial Peace University Coordinator Guide


Class Wrap-Up (4 minutes)

†† Have everyone turn to This Week's Homework on page 19 of the Member Workbook.
Review each item on the list and say:
This is a list of the at-home activities and follow-up work for
every member. Be sure to complete these assignments, as
these activities have been carefully designed based on the best
practices of millions of other FPU members.

†† Make sure the FPU Attendance Sheet is complete and turned in.
†† Reinforce the importance of full participation.

To get the most out of FPU, everyone should attend all nine weeks of the class and do
their homework assignments every week.
†† Remind everyone to bring the Quick-Start Budget form to class next week by saying:

Bring the Quick-Start Budget form or your EveryDollar budget to
class next week. No one will look at the exact numbers, but one
of my main jobs every week will be to make sure you all do your
budgets as assigned.

†† Invite anyone who has not yet registered to stay a few minutes after class.
Take the time to answer any questions and help them register.

†† Encourage everyone to be gracious guests.
Return the chairs to their original places and make sure any garbage is removed.

†† Class dismissed!

After Class

†† Complete the items on the After-Class Checklist on page 17 of this guide.
†† Follow up with any guests who have not yet registered for class.

34 Coordinator Only

This Week’s Homework

Personal finance is 20% head knowledge and 80% behavior. Take charge of
your financial behaviors by completing the following tasks this week. Be sure
to work with your spouse or accountability partner where noted!

Register for the online tools.
Visit FPU Central at and sign
up for the additional online tools and resources. You’ll need
your activation code from the sticker that came inside your
membership kit. If you have not done so yet, place that sticker
in the space provided on the second page of this workbook.

Complete the Quick-Start Budget form.
You can use the paper form from the back of this book,
download a printable version online, or use the budgeting
software in the online resources in FPU Central. However you
choose to do your budget, bring the completed form to class
next week for your coordinator to review.

Complete the Financial Reality Check.
Fill out the Financial Reality Check on the next page or use
the online version in FPU Central. Be sure to bring the results
to class next week.

Reading Assignment: Read the “Super Saving” chapter in
Dave Ramsey’s Complete Guide to Money.

extra credit: If you are facing debt collectors or considering
bankruptcy, read the “Credit Sharks in Suits” chapter in
Dave Ramsey’s Complete Guide to Money and watch the
free lesson online.

Prepare for next week.

Get ready by reading ahead to next week's lesson!

Coordinator 35
Super Saving 19

Financial Reality Check

Financial peace is closer than you think! But before we get started, let’s put
a stake in the ground where your current finances stand. This is information
you’re going to look back on five years from now, and you’ll be amazed at how
far you’ve come! Answer the questions below, and be honest!

What’s your total non-mortgage debt? TOTAL
This includes any money you owe on anything, including student
loans, credit cards, car loans, second mortgages, home equity loans,
etc. This is the total of everything except a irst mortgage.

How much “liquid” cash do you have available?

This is the cash you could get your hands on immediately, like
savings, checking and money market accounts. This does not include
home equity lines of credit, cash advances or retirement funds.

How many open credit card accounts do you have? TOTAL

Remember, even if you pay o a card, the account is still open. To
truly be rid of it forever, you must formally request that the credit
company or bank o icially close the account.

On a scale of 1–10, rate the following emotions in
regard to your personal finances:


1 2 3 4 5 6 7 8 9 10

Practically Extremely
None High

36 Coordinator
20 Super Saving

Final Word

The Secret KEY TERMS
to Saving Money Baby Steps: Dave Ramsey’s
seven-step process for
Most people don’t save like they know they need to. Why? winning with money
Because they have competing goals. The goal to save Compound Interest: Interest
isn’t a high enough priority to delay that purchase of the paid on both the principal
pizza, DVD player, new computer or china cabinet. So they and the accumulated value of
purchase, buy, and consume all their dollars away or, worse previously accrued interest
yet, go into debt to buy these things. Emergency Fund: Easily
accessible savings set aside
That debt brings monthly payments The secret to saving money is only for emergencies; a full
that control our paychecks and make to make it a priority, and that is emergency fund (Baby Step 3) is
us say things like, “We just don’t done only when you find some 3 6 months of expenses
make enough to save any money!” healthy anger or fear and use those Interest Rate: Percentage
Wrong, wrong, wrong! We do make emotions to guide your personal paid to a lender for the use of
enough to save money. We just aren’t decisions. Then ask yourself: Which borrowed money
willing to quit spoiling ourselves with bill is the most important? After Money Market Mutual Fund:
our little projects or pleasures to tithing, whom should I pay first this Essentially a savings account
have enough left to save. It doesn’t month? The answer is you! with a mutual fund company;
matter what you make—you can save earns slightly higher rate of
money. It just has to become a big Advertisers and marketers are great return than a simple savings
enough priority. at affecting our emotions and making account through short-term
us see our wants as needs. It is time mutual fund investments
If a doctor told you that your child for this to stop! Emotions make Sinking Fund: A systematic way
was dying and could only be saved great servants, but they are lousy of saving money over time for
with a $15,000 operation that your masters. No matter how educated a speci ic purchase; i.e., saving
insurance would not cover and could or sophisticated we are, if we’re not $400 a month for 10 months to
only be performed nine months saving then we’re being ruled by buy a $4,000 car
from today, could you save $15,000? emotions and not harnessing them.
Yes! Of course you could! You would Coordinator 37
sell things, stop any spending that So whether you are saving for Super Saving 21
wasn’t required to survive, and take college tuition, a vacation, new
two extra jobs. For that short nine school clothes for the kids or
months, you would become a saving anything else, start saving now! It’s
madman. You would give up virtually never too late!
anything to accomplish that $15,000
goal. Saving would become a priority.

Financial Peace University Coordinator Guide



Expect This:
Expect This List

You may seLeistome new faces this week, as it is not unusual to have people register for
the class after the first lesson.

oRbevmioeDumsoblyTedrhotihesas: tnnoottkenvoewryaonnyeointhyeorumr celmasbsewrsil,linaltrreoadduyceknthoewmeatochotohtehresr.inIf someone
the class to

make them Lfeisetl welcome.

Do This List

Review the Before-Class Checklist on page 16 of this guide.

Check new enrollments by logging in to FPU Central.

Review last week’s attendance and try to learn everyone’s name.

Financial Peace University Coordinator Guide


Do This (5 minutes)

†† Welcome everyone back.
Congratulate them on sticking with their decision to take control of their money. Emphasize
how important it is to come to class every week!

†† Budget check!
Check everyone’s homework assignments from last week by saying:
Everyone take out your Quick-Start Budget form and Financial
Reality Check from last week’s homework assignments. Hold
them up! Remember, I’m going to check your homework every
week and hold you all accountable for doing a budget and
completing the other assignments. Bottom line: You will not win
with money or get much out of Financial Peace University if you
don’t do the budget!

†† Review last week’s material.
Read this question aloud to the class:
Last week, you created your first Quick-Start Budget. Let’s talk
about that experience. Was it hard or easy? Boring? Exciting?
Maybe you learned something new about your money. Tell the
group what it was like.

Note: If you have a large class, just have everyone give a one-word or one-sentence
response. This usually gets some surprisingly insightful answers.

Coordinator Only 41

Financial Peace University Coordinator Guide


This is a special activity that will show you and your class exactly how you’re
doing financially. This exercise will essentially be your “before picture.”

Class Statistics Exercise (3 minutes)

†† Have everyone turn to page 20 in their Member Workbook.
Instruct them to tear out the perforated card.

The information they’ll write on the card is the same as the information they should have
used for last week’s Financial Reality Check homework.
†† Make sure no one puts their name on the card.
This is an anonymous activity. The goal is to get the overall class statistics, not to focus
on any one individual. Be careful to avoid any sense of shame or guilt associated with
the information on the card.
†† Get them started by saying:

First of all, do not write your name on the card! This activity
will be the class “before picture.” We’ll tally up the information
this week and then repeat the exercise at the end of FPU. That
will show us how far the group has come by the end of the class.
You should already know this information because it is the same
information you used for last week’s Financial Reality Check
assignment. You have two minutes—go!

†† After two minutes (or when everyone is finished), collect the cards.
Don’t look at anyone’s information as they hand you their card. Keep it anonymous!

†† Instruct everyone to turn to page 24 of their Member Workbook.
†† Circulate the FPU Attendance Sheet for members and guests to sign during the video.

Start the Video

As the video plays, use the log on the next page to record the information you
just collected.

42 Coordinator Only

Financial Peace University Coordinator Guide


During the video, you will tally up all the figures from the
members’ cards. Log the information below. We’ve given you

plenty of room to repeat this activity with multiple classes.

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Number of families in the class: Total “liquid” cash available:
Total non-mortgage debt: Open credit card accounts:

Make copies if needed. Post these totals in FPU Central.

Coordinator Only 43

Tell Your Story

Week 2
How would it feel to work with a spouse or
partner as you start the budget process?




How we handle our money impacts every part of our lives.
It is a huge factor in marriage, a tremendous responsibility in
parenting, and a potential land mine for singles.

In Relating With Money, Dave and Rachel show couples how to
work together as a team, give singles some practical tips for
financial accountability, and help parents teach their children
about money from a young age. You’ll discover that money is
rarely just about money. It is about so much more!

The flow of money in a household represents the

VALUE SYSTEM under which that

For where your household operates.
treasure is, there your
heart will be also. Men, Women and Money

Men: “It’s boring and not
Your behavior is the enough.”
key to taking control of
your money, and your Women: “It’s the most IMPORTANT key to our
behavior is tied to your financial plan.”
shopping NEGOTIATING .
46 Coordinator Men get good deals by
24 Relating With Money Men want to win.

Women get good deals by HUNTING .

Women enjoy the process.

Financial proBleMs ESTEEM because money
Men lose SELF -

usually represents a

Women face FEAR or even TERROR because Ifoumrthowenoerpaysortteheaaansroteftiaah,oleuttrphoometbnaeernitrttihiaaaegllsebto.eoshtabes
money usually represents SECURITY to women.
A couple with
Marriage and Money $10,000 in debt and
no savings is twice as
The number-one cause of divorce in North America is likely to divorce as a
couple with no debt and
MONEY FIGHTS . $10,000 in savings.
When you agree on your value system, you will reach a

UNITY in your marriage that you can experience

no other way.

Nerds and Free Spirits

Who should do the financial decision-making in

marriage? BOTH of you!

The partner with the natural GIFT can prepare

the budget, but the decision-making must be done

by BOTH .

The NERD likes doing the budget because it gives

them control, and they feel like they are taking care of
loved ones.

Coordinator 47
Relating With Money 25

The FREE SPIRIT feels controlled, not cared

for, and can appear irresponsible to the Nerd.

Getting a reluctant The Nerd is not necessarily always the SAVER ,
spouse on board may be
di icult, but it is crucial and the Free Spirit is not necessarily always the
to your success.
Don’t nag, whine and SPENDER .
complain. Start by telling
your spouse WHY you Singles and Money and fatigue can lead to poor
want to change your
lives this way. Get them TIME POVERTY
to dream with you!
money management.
Where there is
no counsel, the Beware of IMPULSE buying, which can be brought
people fall; but in on by stress or even the “I owe it to MYSELF ”
the multitude of
counselors there is syndrome.
LONELINESS often causes singles to go out
and spend money they don’t have just to be “out in
48 Coordinator the world.”
26 Relating With Money
strategies For singles

A written plan gives the single person

EMPOWERMENT , self-accountability and

Develop an ACCOUNTABILITY relationship.

This is someone with whom to discuss a major


Official Rules for the




yBoruirngsatyh,eabnuddtgheetninsh, huat vuep! come tYootuhemmuseteting!

It’s not haawveee1k7enmdinsuumtesm. it. give thoYuoughmtfuusltinput.
You Nev“Werthaoagdtaeoivn,ehurosyneoetuyh.w”e panhtrase,


It’s absolutely essential that both spouses work as a team on the budget.

Nerds & Free Spirits Unite!

Kids and Money

Teaching your kids how to handle money is not

Train up a child in the the SCHOOL’S responsibility.
way he should go, and
when he is old he will It is YOUR responsibility!
not depart from it.
Pay COMMISSIONS , not allowance.

A good man leaves an inheritance
to his children’s children.


Parents! Check out our Words are POWERFUL .
Financial Peace Junior
kit for some great If you WORK , you get paid; if you don’t
resources you can use WORK , you don’t get paid.
to teach your children
about money. Teach by EXAMPLE . Show them how you live DEBT free, how insurance

A great saving exercise works, how an IRA works, etc.
is to have your child save
up to buy a car. It’s okay
to provide a match on
their savings if you can
a ord it, but put a cap
on it! One overzealous
kid could wreck your

50 Coordinator
28 Relating With Money

Click to View FlipBook Version
Previous Book
Radiantly Slim - Review
Next Book