From the Back Cover
101 Ways to Get Out Of Debt and On the Road to Wealth is the ultimate handbook for anybody who wants to get out of debt and stay out of debt.
This book will provide you with an insider’s knowledge of how to beat the lenders at their own game. Inside you will find 101 practical and proven methods that anybody can use to master their debt. Best-selling author Ashley Ormond shows you how to conquer all types of debt, including mortgages, credit cards, car loans, personal loans, investment loans and small business loans.
In this book you will learn how to:
save a fortune in interest
get out of debt years earlier
decide which debts to attack first
find the best lending deals for your needs
manage repayment problems.
Ashley Ormond’s common-sense approach will get you debt free and on the road to wealth in no time -- and that means more control over your life, less stress, and greater long-term security for you and your family.
About the Author
Ashley Ormond was one of Australia’s first PC-equipped ‘mobile lenders’, starting out in the early 1980s with a financial calculator, a dual-floppy drive Compaq portable PC and a portable Epson thermal printer in his car. This was before the age of mobile phones, the internet, Windows, Excel, or even hard drives. It was back in the days when:
lenders actually analysed each borrower’s ability to repay
borrowers actually had to have a job or other source of income
borrowers actually had to have proof of a savings record, proof of income, proof of assets
lenders had to actually think about how each debt would be repaid, instead of just shovelling money out the door
lenders actually retained the credit risk and retained the ownership of loans, instead of just selling them to unsuspecting bond-holders on the other side of the world.
His banking and finance career included several senior executive roles at major Australian and international banking and finance groups, including running branch networks, lending operations, product development, pricing and financial control. His formal qualifications include a Bachelor and Masters in Law, a Bachelor of Arts in Economic History and a Graduate Diploma in Applied Finance and Investment. He has also lectured for the Securities Institute of Australia. Since ‘retiring’ at 40, he has been a director of several companies, including listed, private and not-for-profit companies and a charitable foundation.
Ashley is the principal of Investing 101 Pty Ltd, a specialist investment research firm that holds an Australian Financial Services Licence. He is a sought-after speaker and commentator on financial markets and has written two best-selling books on finance: How to Give Your Kids $1 Million Each! and $1 Million for Life.
