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Dave Ramsey's "Baby Steps" Versus Crown Financial Ministries "Money Map"

By Dawn Hensley, published May 13, 2007
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How different can financial plans be when they both have the same goal in mind: financial freedom? Looking in, these two plans seem very much alike, but how similar are they? I am familiar with both plans and have put both into practice. I will be comparing the similarities and differences so that you too, can decide which plan will work for you.

Let's face it, most of us are not where we would like to be financially, and the thought of us becoming debt free and ahead of the game can seem impossible. Both "Baby Steps" and the "Money Map" are divided into several separate, but very attainable goals. By having your plan broken down into several smaller goals and giving you tools to reach these goals, it makes the whole process of getting control of your finances much easier to obtain.

The Crown Financial Ministries "Money Map" is actually a large pamphlet that you can purchase on their website. On one side there is a little introduction and also a few boxes to complete asking you what your life purpose and goals are. It also has a box of foundational principles based on some Bible scripture. During your journey to financial peace, the "Money Map" makes sure that you keep your focus on God. On this sames side there is also a list of different books, workbooks, and other tools that you can buy, on the Crown website, to help you with each destination in the plan.

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Thank you for this information. Your comparison is very helpful.

Posted on 01/09/2008 at 1:01:54 AM

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