Getting Out Of Debt: Money Management: You Cannot Afford to Wait Any Longer: Rich or Poor, 9 Simple Rules to Clear Your Debts Faster, Rebuild Your Credit

Good primer for ridding yourself of debt. Covers strategies for eliminating debt and pathways for investment once you have accumulated some savings.

Well written, with easy to understand concepts that if followed will help anyone become free of debt and move toward a solid financial position. The book also has some excellent advice on how to begin investing once you’ve gotten free from debt. Well worth reading if you are struggling with debt or wanting to begin investing.

This book show me that saving is that foundation for whealt. Thos book also a good resource about guide you about where to beging an investing journey

This financial self-help book is very well written and well referenced. It elaborates in great detail on the “Keep up with the Joneses” syndrome as well as other causes of excessive debt. There is an appropriate amount of repetition, and irrelevant side stories often filling up self-help books are avoided. More than figures, how you feel about debt is addressed, including emotional stress, fear anger, shame, frustration, etc. The basic challenge is: “Think about what is triggering your spending and deal with it”. One minor quibble is that Chapter 3 starts out by saying “Ten ways to help you get out of debt” will be discussed, then explicitly lists only three. Also, the title says “9 Simple Rules …” I cannot find this list of 9. Chapter 4 is a good general guide to any type of negotiating. Both “good debt” and “bad debt” are defined and discussed. The idea is that mortgage debt and student loans are good debt, because you are building towards a future. My only disagreement is that student debt is treated as a “Yes” or “No” decision. My belief is that in fact many students are simply taking on TOO MUCH student debt. In this case, an ounce of prevention is worth a pound of cure. Why live easy for 4 years only to then suffer for 10 – 20 years? Overall, the book is thorough and the outline is logical, discussing all aspects that need consideration.

The advice in the book is based on the author’s experience of living in the debt trap, how he changed his mindset and freed himself from a downward spiral.This is a difficult subject for many to read, especially if you’re already heavily in debt. The great thing is that the author doesn’t start by ripping the band-aide off, but eases you into this difficult subject. He provides you with information to help you understand why an alarming number of households in the US are in debt, struggling with personal finances and living from paycheck to paycheck. More surprising is that the issue touches all social economic classes.The book assures you that a debt free life is possible if you view your finances in a new way. Once you’ve established the habits of budgeting, saving and paying off existing bills, you can concentrate on wealth building.This is an easy to read, well-researched book that gives you concrete techniques and tools with real-world examples.

right from the start I was able to take what am learning and put it in to practical with my budget , savings and getting ahold of all my debts and credit reports to enable me to pay my debts accordingly. Loved the last chapter too, about building wealth … different ways to build ur wealth after becoming debt free… thank you so much for such ab east and well written read!

This is a fantastic book on debt and debt management. It's incredibly useful as it breaks down how we get into debt, get further into debt, the effect that has on us, how to get out of debt and how to stay out of debt.Whats is especially helpful is the psychology behind the behaviour and the decision making that gets us into financial trouble and can keep us there. But its really helpful to read about how to get out and stay out.For me I was slowly starting to get into trouble with my debts. They were not that bad at first but after I lost my job and had no way to maintain the payments or continue to buy food etc they got worse. I started to panic a bit!After reading this it helped me realise that it is not forever and there is a way out. The book highlights in some detail the emotional effect that this can have and i really identified with that.Recommended for anyone who is even slightly concerned with their financial situation.

I really loved this book for many reasons. First, I felt like the author did not shame people who are in debt but rather gives them a sense that they are not alone or stupid and that there is hope. The book reads easily. The writing is clear and understandable and the solutions are not difficult or out of reach. I really wish they high schools would add this to their curriculum as it is so important to educate young people about personal finance before they get into the messes that are so easy to get into. This book does not stop and teaching people who to get out of debt, but goes on to illustrate how to stay clear and how to begin to invest in a better future. If I could go back in time and give this book to my teenaged self, I would in a heartbeat. But I can give it to my daughters and I plan to do so. Thank you for a wonderful tool for life!!

Worth every minute. Easy to read, clear and FUN! Makes you wonder why you haven't thought of his teachings yourself!!I read Michael's second book "Financial Freedom with Real Estate" prior to getting my hands on this one but regardless of the order, they both are jammed packed with simple, easy-to-follow, efficient information that is actually "dummy proof".In fact, they are so helpful that I've purchased his two most recent books;"Journey Towards Early Retirement through Real Estate Investing - Creating A Pension In 5 Simple Steps"and"Commercial Real Estate: Journey Towards Financial Freedom: What Everyone Ought To Know About Commercial Real Estate Investing in 3 Simple Steps"Now do yourself a favour and get your hands on his books. As a Canadian, I can easily relate and am so fortunate to have found Michael Steven's books. On my way to Financial Independence, I hope to see you there!

Reading the chapter on how to tackle the debt made me realise a couple of things. First, that if you end up in a difficult financial situation, you do have a few options of getting out of it, but you may end up with a damaged credit history. And second, it's best to budget your spending, constantly monitor your expenses, and avoid getting into any financial trouble in the first place.All in all, I've found the book useful, but a bit disappointing because it lacks any recommendations for tools and apps to use for budgeting, which is key for both avoiding getting into too much debt and getting out of it.

Money management is what people don't really learn in school i believe.. That is why so many people are in debt or cannot manage their money and get depressed or really down. This book can support you along the journey on how to get out of debt with pretty much proper guidance and advice! It can help any of you how to build yourselves back up again on your feet!

Found the book easy book to read and understand. Had easy to fallow ideas and helpful information on how to get out of debt.

Most of things are common sense, nothing new, but it's well structured, to the point and a great starting point or a plan