Customer Reviews

Deal with Your Debt: The Right Way to Manage Your Bills and Pay Off What You Owe

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

 

 

This book is full of great information on high to prioritize your financial life in terms of debt reduction, retirement saving and other saving. But the advice assumes the reader has a fair amount of discipline (i.e., ability to budget and constrain extraneous spending). The book goes into great detail on how to balance debt reduction with maintaining financial flexibility, maintaining good FICO scores, etc. But far too many people who are deeply in debt (and seeking help from books like this) have a spending habit that needs more drastic surgery than this book gives. So, I would say this book gives outstanding advice, but only for a subset of the public who have the right discipline. For many folks, the more drastic "surgery" advocated by cheerleaders like Dave Ramsey will be more effective.

I bought three debt books the last time I was at Amazon. They were all good, but this was the most comprehensive in easy to read format and sentences that it made things easy to develop a plan from this book. I already passed it on to two other people.

I have known Liz Weston for years as a journalist and have always found her to be very thorough and no-nonsense. This book is no exception. It's well researched with unbaised and sensible strategies for dealing with debt. I had the opportunity to interview Liz on my internet radio show EverydayWealthRadio recently about the book and she clearly has great advice on this topic. She addresses things like 401k loan, pros and cons of different types of debt, and the common questions I hear from consumers,

This book is very informative. It gives a lot of useful tips as to how to manage your finances and how to actually deal with your debts. I would recommend this book to anyone who is trying to figure out ways to managing their debts.