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The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich
 
 
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The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich [Hardcover]

Anthony Manganiello (Author)
3.5 out of 5 stars  See all reviews (8 customer reviews)

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Book Description

August 10, 2009
Praise for The Debt-Free Millionaire

"The Debt-Free Millionaire is a clarion call for a generation that was brought up on spending tomorrow's money today. As someone who spent time in the financial services industry, I can unequivocally state that Anthony's pragmatic and refreshingly contrarian approach to the real secrets of cash-flow management—and leveraging the credit system—are a breath of fresh air in a smog-choked world of misinformation and confusing financial advice.I can think of a million reasons to read it."
—Michael DiFrisco President, BrandXcellence

"Read this book. Do what it says. Start living the dream. If you're ready totake charge of your financial future, this is the place to start."
—Keith J. Cunningham Keys to the Vault & Business School for Entrepreneurs

"The Debt-Free Millionaire offers unique insights, little known strategies and easy-to-understand practical tools to first manage then eliminate debt. It is amust read for both consumers and financial professionals to better explain the often complex world of debt management. More like getting sensible advice from a good friend than a technical financial advisor."
—Roy Balfour President of Ro-Mart Inc.

"Tony has produced a clear and straightforward guide to debt, and how to eliminate it, that is as timely as it is needed. Anyone who follows the program in this book will be glad they did."
—Jeffrey K. Meek Former Vice President–Recovery Operations, WaMu Card Services

"Great for readers of all ages and in all financial stages. This isn't one of those get-rich-quick schemes. This book provides a foundation for a paradigm shift in your thinking process and allows for you to see how toachieve the seemingly unachievable. I was hooked from the beginning!"
—Jenna Keehnen Executive Director, www.USOBA.org


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Editorial Reviews

From the Inside Flap

Are you tired of spinning your financial wheels?

Do you really want to know what it feels like to not worry about money?

Has the difficulty of managing your financial life led you to just accept things as they are and hope they'll just "work out" in the end?

If you answered "yes" to any of these questions, then it's time to make a change—and the knowledge you need to become a debt-free millionaire is literally in your hands right now.

The desire to get out of debt can sometimes be smothered by the shear volume of information, and misinformation, available. To overcome such obstacles, what you need is one place to find the right answers, right away. That's why author Anthony Manganiello—founder and creator of DebtFREE.com and President and CEO of Centricity, Inc.—has created The Debt-Free Millionaire.

Since 1995, Manganiello has helped hundreds of thousands of people get out of debt, and now, he'll show you how to do the same. Throughout these pages, he skillfully outlines a plan that will allow you to eliminate debt, develop better credit, and retire comfortably. You'll learn everything from how to perform a Cash-FLOW AnalysisTM—a straightforward approach to assessing your financial standing—to putting your plan into action. Along the way, Manganiello reveals how debt and credit should fit into your financial life and addresses how to employ specific strategies that will lead you to accumulate wealth instead of what you're most likely doing now, consuming it.

No matter what your current financial situation, the five simple steps comprising this plan will put you in a better position to prosper in the years ahead. You'll also find that as you progress through the Debt-Free Millionaire Plan, you'll be fairly well insulated from the economic ups and downs experienced by others who are stumbling through life without a plan.

After reading this book, when you think of what a millionaire is, you'll realize that the only difference between you and becoming a millionaire is a matter of time and distance. The strategies outlined here will help you close that gap as quickly as possibly.

About the Author

Anthony Manganiello is founder and creator of DebtFREE.com and President and CEO of Centricity, Inc. He is regarded as one of the foremost experts on the impact debt-elimination services can have on a consumer's credit. Currently, he serves as a member of the Advisory Board of the United States Organization for Bankruptcy Alternatives and attends meetings with government officials providing testimony regarding the needs consumers face in today's economically challenging times.

Product Details

  • Hardcover: 287 pages
  • Publisher: Wiley; 1 edition (August 10, 2009)
  • Language: English
  • ISBN-10: 0470455764
  • ISBN-13: 978-0470455760
  • Product Dimensions: 9.2 x 6.3 x 1.2 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 3.5 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #243,088 in Books (See Top 100 in Books)

More About the Author

Anthony Manganiello is founder and creator of DebtFREE.com and President and CEO of Centricity, Inc. He is regarded as one of the foremost experts on the impact debt-elimination services can have on a consumer's credit. Currently, he serves as a member of the Advisory Board of the United States Organization for Bankruptcy Alternatives and attends meetings with government officials providing testimony regarding the needs consumers face in today's economically challenging times.

 

Customer Reviews

8 Reviews
5 star:
 (1)
4 star:
 (4)
3 star:
 (2)
2 star:    (0)
1 star:
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Average Customer Review
3.5 out of 5 stars (8 customer reviews)
 
 
 
 
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7 of 7 people found the following review helpful:
4.0 out of 5 stars Good book, August 8, 2009
By 
This review is from: The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich (Hardcover)
The Debt-Free Millionaire takes an interesting look at how an average individual can go from being highly in debt - to becoming a millionaire.

The author's main premise being that everyone can be a millionaire and this book spends approx 80% of its content on discussing various debt reducing (to eventually eliminating) debt in order to progress to saving, investing and accumulating wealth.

What I liked about this book is that the author is highly encouraging and acknowledges that debt is a very real part of life for many consumers today.

I also thought his comments about how the "pay yourself first" may not be in the best interest of the average person in this day and age because of the fact that the concept of credit has changed dramatically since the "pay yourself first" suggestion was started over 60 years ago.

There is a very deep look at debt and how many people get into it and ther is alot of discussion about the debt traps and how to get out of it.

I liked this book because of its somewhat different approach to debt and I also thought it was extremely well written for the average layperson who is not into trying to decipher financial statements.

I suggest this book for anyone who is in debt or overwhelmed by debt.
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4 of 4 people found the following review helpful:
4.0 out of 5 stars Buying Book, January 3, 2010
By 
Debt slave (South Florida) - See all my reviews
This review is from: The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich (Hardcover)
I recently read this book from our county library and I will be buying this book for my shelf. I did my own CFA and found I can benefit tremendously from following this program. The idea of reducing my debt load as I near retirement is causing me to sleep better at night. There is no magic bullet to get you out of debt, just a sensible plan and my will to achieve it.
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3.0 out of 5 stars I find it interesting, November 21, 2011
This review is from: The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich (Hardcover)
Though the book contains some good info, there are some discrepancies in Tony's "real" life that discredit his plan.

The first is Tony's affiliation with Tower Legal Network which now appears to be defunct. The BBB is reporting "According to information in BBB files, it appears that this business is no longer in business. Mail sent to the business on 08/26/2010 was returned by the U.S. Postal Service as Forwarding Order Expired."

The website reported for Tower Legal Network by the BBB is debtfree.com and that website is still up and running. The debtfree.com blog was last updated on July 22, 2011 so somebody is still active and running it.

But according to Wisconsin State records the Tower Legal Network never filed the necessary reports to keep the company in good standing. On June 14, 2011 the company was administratively dissolved by the State.

The registered agent for the company is Stacy Ann Manganiello and Anthony Manganiello is the spokesperson for DebtFree.com.

DebtFree.com is not an authorized company to conduct business in Wisconsin.

The second is his personal foreclosure of his home mortgage.

Not the expert nor millionaire I would want to take advice from.

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