Customer Reviews

Rapid Debt-Reduction Strategies (Financial Freedom)

5 star:		(6)
4 star:		(0)
3 star:		(1)
2 star:		(0)
1 star:		(0)

 

 

This book is loaded with strategies to reduce debt and stay out of debt permanently. Many of the strategies are things that you would never think of. This is definitely a book to get if you are serious about getting out and staying out of debt.

After reveiwing this book it changed my whole fianacial stratigies dramatically. I purchased my home just like John advised, and I am currently still using these priniples today. Now paying my debts is like a game to me. I really like paying my mortgage the most because I had a 30 year mortgage 5 years ago, now I am all ready down to 14 years. I don't make a lot of money, but I have learned to sacrifice because of John's book, but the good thing about this book is, it will teach you a great deal. I am now going to college, I have always loved fianacial planning. I want to help other people. I am now 52 years old and I was 47 before I learned of such great information. My new daughter-in law loves this book and wants to use it. I want to thank John from the bottom of my heart for this book. It will always be a part of my life. It makes me feel very good that I can pass something on to my family, because of someone else, that is so special as John.

L Miller 408@aol.com

I found the strategies unbelieveable...too good to be true before I tried them myself. And they work! I will be paying off my house years and years before my 15 year mortgage would have been paid and saving ten of thousands of dollars! It's well worth the cost and will pay itself off instantly if just one strategy is used!

There are so many strategies for saving money, and reducing debt, i.e.: Credit cards, automobile loans, and mortgages. Shows how to buy any car you want with cash after initally barely being able to afford a car at all. I read the book cover to cover, and sold it for more than I originally paid for it - probably better than you can say for any other strategy or gimmick *you've* ever tried!

Read it in one day. A must for anyone considering a mortgage. Those already in a mortgage can save $1,000's and years off their debt. A lot of good and sound advice in plain english.

You don't want to make all the mistakes yourself, learn from others and avoid the pitfalls...

I bought this book based on the previous reviews. I was able to use about ten pages of it. The main premise for debt reduction is taking out a second mortgage-useful if you own a home, utterly useless if you don't. The pages I was able to use were pretty much common sense-Set aside the same amount of money each month to pay your debts, pay off high interest debt first, don't reduce the amount of money going out when one bill is paid, add it to another one and make a bigger payment.

I also found the author's practice of using bold font for emphasis overused, preachy and distracting.

This book is the best reference I have ever read on the subject (and I work at a financial institution). I read it before I dreamed of a mortgage, but always remembered the strategies, and was able to use some of them once I got one. Of course, it is more dramatic with a mortgage, as that is a high interest long term debt. However, they work with any loan (I use them all the time). It amazes me how many people are unaware of the "simple" strategies. However, I tell everyone I can, how to apply them. I have now paid off nearly every loan early that I've had since reading this book. It is that powerful! You don't need a lot of money, just make the sacrifice when you can and pay the additional payments. You can always stop them. Make sure your loan is for a repayment you know you can afford first, ten apply the extra payments where you can. And please, take the advice on what to do when a loan is completely paid up. You will not miss the money!

Just get this book however you can. You WILL use the strategies contained within. About that, there is no doubt. You will never look at a loan the same way again.