‘Back to the Black – How to become debt-free and stay that way’, is for those worried about debt and wanting to know how to manage the situation. By viewing the problem as a coach or a counsellor would, you’ll learn strategies for handling stress and formulating a plan. You’ll find out how to fix a repayment schedule that’ll shorten the time until you are debt-free; and discover some simple ways to track your spending while still enjoying life. After reading this book you will feel more confident of your ability to handle your debt situation…and you’ll have a plan for doing so. You’ll soon discover how to evaluate your current circumstances; how to set realistic goals for reducing your debt; how to develop a list of options; and how to calculate your discretionary income. This book also provides a comprehensive ‘Resources’ section, that outlines what further support is available to help ensure that a debt-free life is maintained after reading ‘Back to the Black’.
Sound advice
Reading Michael MacMahon’s book, it occurred to me how lucky I’ve been. Apart from a mortgage I’ve never owed more than I could afford to clear. That’s a great ethic, but it’s reaffirmed in this book how often getting into debt is beyond a person’s control. Illness, loss of a job, death of a partner – all are beyond our control.I’m not sure if, when you’re overwhelmed by financial problems, your first reaction is to read a book. But it should be. I suspect the success of this…
Re “Back To The Black” by Michael MacMahonIt’s not often I come across a book about Money that’s easy to read. It’s the kind of book that with my 43 years experience as an Independent Financial Advisor I would have loved to have written. Michael has drawn on his own stressful experience of facing up to possible bankruptcy and written an easy to read no nonsense guide on how to become debt free and stay that way.I highly recommend this…