Financial Peace University Update (Session 8)

On Sunday afternoon, we had our eighth session of Financial Peace University. Session 8 is on the topic of “That’s Not Good Enough: How to buy only big, big bargains.”

Here's what Dave Ramsey's organization has to say about this eighth session of FPU:


Week 8 - That's Not Good Enough!

Dave teaches us his personal techniques on how to negotiate and get the very best deal when buying something. This is a fun lesson because it helps open our eyes to the advantages of being able and WILLING to negotiate, especially on big-ticket items.

Find a Deal!
Looking for a deal? Check out these great places online for good prices and peer reviews!

1. www.froogle.com - Google’s search engine for hot deals!
2. www.pricegrabber.com - Comparison shopping from all over the web!
3. www.epinions.com - Great real-world product reviews and opinions.
4. www.ebay.com - You can find just what you need—in someone else’s attic!

Key Points:

1. Don't be afraid to negotiate. Be willing to walk away.
2. Always use the power of cash.
3. Remember the places where you can find great deals.

Food prices are definitely on the rise!

For those of you "nerds" out there that attempt to budget for food (groceries and a little for dining out), I'm sure you're probably like me and become frustrated when your spouse comes home from the grocery store having spent more money than you budgeted for. You may have seen this happening over the last several months.


Or, you go to a restaurant and notice your final bill is $5.00+ more than it used to be, and you start over spending your dining out budget line item. I really noticed this starting to happen a few weeks ago when we ate at Chipotle. Our family of 4 could normally eat here for around $18.00. When we ate there a couple of weeks ago, the final bill was around $24.00. We ordered what we normally eat there.

So, I think that gas prices have finally caught up with the prices of our normal goods and services! Hopefully, with gas prices continuing to rise, we won't get hit with too many more food price increases in the near future. They can be real budget busters.

Larry