The book discusses ways on how an in-debt person could lower and ultimately eliminate his/her debt. However, if you are on track with your personal finance, you probably can avoid this book. I would spend the time and money on David Bach's out publication such as Automatic Millionaire or Automatic Homeowner
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Boring... and a little pushy on the Debt Wise program that he promotes at 50 cents a day...
But I can see for many people this is a good start.
Good lessons... No such thing as good debt. All debt is bad, especially if you are in a position where you can't pay it off. Pay off first small debt, then tackle the next small debt.. gaining momentum with each debt paid off, and freeing cash flow leaving you less stressed.
Bad advice Not sure if I agree with leaving all the credit cards open... just to keep credit score good.
Best quotes from book "you are debt because you have been brainwashed to buy things you don't need, with money that you do not have." "If you want to get out of a hole. You need to stop digging!"
the truth about getting out of debt, and getting rich Live smaller, save and invest the rest.