Debt is just like cholesterol. Too much of the wrong kind can kill you. But too little of the right kind can be a problem too.
Just as not all kinds of fat are equally bad for your health, not all kinds of debt are equally bad for your wealth.
Jon Hanson learned about debt the hard way, barely surviving his own “near-debt experience.” Now he can help you avoid the same fate. Good Debt, Bad Debt doesnÂ’t offer quick-fix solutions. This isnÂ’t optimistic taffy to soothe your ego. ItÂ’s about embracing the reality of where you are financially and working to improve your position. Hanson explains that “debt takes more than your money. It takes your freedom, time, peace of mind, and opportunities. Debt makes cowards of us all.”
Good Debt, Bad Debt concentrates on what you can do using your present income. It blends personal stories, research, history, and humor to build the argument for living life with a plan, instead of allowing yourself to be controlled by your emotions and impulse spending. With a new chapter on debt warfare, Jon Hanson will bring you out of the financial trenches and show you how to wage war against the most difficult personal economic pitfalls.
Product Features
- Used Book in Good Condition
Overlong and Overwritten. The message is good. While I strongly agree with the message of this book, I cannot recommend it. The theme of the book is that you need to save part of your income and invest it to create wealth for your old age. This agrees with the research in the book “The Millionaire Next Door,” cited by Mr. Hanson. That book, through personal interviews, shows that most self-made multimillionaires lived on part of their income and invested the rest for high return.The main weaknesses of “Good Debt, Bad Debt” are…
Great book, must read for anyone… well Anyone at all. First of all I don’t own this book. I just skimmed through it today at a brick and mortar store. I was very pleased to see some one had written down many of life’s lessons that I’ve been learning the hard way. I make $35k a year and feel like a slave. And that I am, a slave to my past spending habits. Fortunately I am only 29.Despite the fact that I’ve already learned the hard way many of the lessons in this book, I still really enjoyed it as it confirmed many of the observations…
Public schools should pass these out before Math texts! I picked this book up at the library and did take my time over it (renewed once) but that is after reading the first few main chapters. Ane reading other stuff inbetween. It IS easy to become more financially set. To save money, live with a reasonably priced car and house (below your “means”) and bank the differences. Short term deferment results in long term gain, don’t keep up with the Joneses. Timeless quotes are given from experts through history. Humor makes this a good read…