Customer Reviews

The Complete Idiot's Guide to Getting Out of Debt

5 star:		(9)
4 star:		(3)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

Debt is a touchy subject. People have it, but they don't necessarily want to talk about it and if they do talk about it, very few are honest with the amount they carry. Ken Clark on the other hand urges readers to take a look at their situation in full, assess the damage on paper, and set goals for the short and long term; "Denial, Acceptance, Action." Once a foundation is laid, he takes you on a journey to eliminate and reduce every possible debt. It is true that much of the information could be found in the library, on the Internet, and within magazine and newspaper articles. But, what would be missing are the clear and concise instructions, the timeline and approach, the contact numbers, the sample letters, and the humor. Not far into the book I realized that Ken Clark writes as both a CFP and as a man who has endured the very struggles of debt management. He knows the strategies involved in tackling, overcoming, and eliminating debt. He does not talk down but to the reader and creates a sense of ease and practicality. What a relief! This a practical guide and must read for anyone looking to get out and stay out of debt.

I felt like the author really understands the struggle with debt and finances. He doesn't come across as a snob or know-it-all. Most importantly, it has helped my my husband and I finally get on the same page financially. He read this book with enthusiasm, cover to cover. We can now talk openly, with ease, about our financial goals.

This book will help you beyond belief. You would think that reading a book about debt would put you right to sleep but this book is filled with nothing of the sort. I laughed the whole time! Ken Clark mixes his life experience, good humor and incredible knowledge about financing to create an easy read. His book aids you in managing your money instead of throwing it away so you can finally relax! If you feel like your bad habits are destined for life, you've thought wrong. Read it!

I am amazed that before you even get out of the first part of the book, Mr. Clark makes sure you have a picture of the enormity of your debt, but that it is balanced with hope that you don't have to stay in debt. The practicality of this book is awesome. Throughout are also little tidbits of the psychology of debt that make you believe that you aren't just following some program to get yourself out of debt, you are creating a lifestyle that is free from debt. Even if you aren't in debt, or if you are just starting out in your financial freedom, this book will help educate you on the american system of debt and how to stay free from being enslaved by it.

Mr. Clark's book is a great tool for anyone during these tough economic times. It's full of simple, logical ideas and written in a staightforward, no-nonsense way. His ideas are full of common sense, are readable and compelling.

Ken Clark's book is well written, and is an exceptional resource to help you get out of debt. It is easy to use, and reference on the fly, unlike some of the guru's out there that claim to have been through it all, and have the answers for you. I would highly recommend this book as a resource that you will refer to time and again. I give this book a definite thumbs up!

Like many of you, I am in debt up to my eyeballs. But hopefully, I may not be in debt for long. In " . . . Getting Out of Debt," Ken Clark brings his experience as a certified financial planner and a person formally in the red to the table, to help readers take the first step towards financial freedom. The book provides tips on how to tackle credit cards, mortgages, and loans; tell the difference between 'good' and 'bad' debt, curb the temptation to rack up more debt; and stay motivated enough to see the process through to the end. Though his advice is pretty useful, Clark seems to underestimate the effects of the current economic downturn on average Americans and overlooks that all-important first step to getting out of debt: getting a job.

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This is a good book that gives you the basics about getting out of debt. Anybody who has incurred too much debt and needs some help in paying it off should read this book. Explains all kinds of debt and how it impacts your credit score and life. Very good and interesting reading.

I thought it was going to be a drag, but I ended up reading it in 2 days. I couldn't stop reading. And the truth is I paid off my last credit card 2 months after I finished!

I have not finished this book yet, but the part of the book I have read gives me excellent information. I find that this book is simple to understand and plan to use it as a reference book once I have completed reading it.