Turn Your Debt Into Wealth [Abridged, Audiobook] [Audio CD]

John M. Cummuta (Author, Reader)

Book Description

Publication Date: July 1, 2002

Get completely out of debt -- including your home mortgage -- and start building real wealth with the money you already make.

Whether or not your credit cards are maxed out and you have a huge mortgage to pay off, you can still get rid of all your debt in five to seven years -- and begin rapid wealth-building.

Turn Your Debt Into Wealth shows you how to attain real financial freedom by focusing every dollar that you are currently using on debt payments towards building wealth -- without sacrificing the things that mean the most to you.

In Turn Your Debt Into Wealth, you'll learn:

How you've been misled by a system designed to keep you imprisoned in debt

A simple, low-risk/high-return strategy for wealth-building

How to retire early with your investments providing all the income you need

How to redefine the American Dream to fit your personal vision of success

Editorial Reviews

From Library Journal

Cummuta's (The Debt-Free & Prosperous Living Basic Course) ideas are presented in a listener-friendly style that manages to maintain interest in this approach to getting out of debt while building long-term wealth. Beginning with a fascinating explanation of the American way of debt and how it misleads millions into being imprisoned in it, he then shows how to get out of it, presenting a simple, low-risk/high-return strategy for building wealth in order to retire on investments that provide all the income one needs. The author's focus is on helping those with maxed-out credit cards and a huge mortgage learn how to get rid of all debt and begin to build wealth in five to seven years using money already being earned. His own personal experience of being way over his head in debt will establish his credentials with many listeners facing a similar situation. This book supplements similar wealth-building titles, such as Robert T. Kiyosaki's Rich Dad, Poor Dad, Rich Dad's Guide to Investing. Recommended for all public libraries.
Dale Farris, Groves, TX
Copyright 2002 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

About the Author

John M. Cummuta is creator of the bestselling Debt-Free & Prosperous Living course. He is a popular financial and business seminar leader. After years of learning the most complex financial concepts from the top names in the business, John posits that the basic steps for attaining personal financial independence are uncomplicated and straightforward. They are the foundation of his Transforming Debt to Wealth system.

See all Editorial Reviews

Product Details

• Audio CD
• Publisher: Nightingale-Conant; Abridged edition (July 1, 2002)
• Language: English
• ISBN-10: 0743525191
• ISBN-13: 978-0743525190
• Product Dimensions: 5.7 x 5.1 x 1.1 inches
• Shipping Weight: 8.8 ounces
• Average Customer Review: 3.8 out of 5 stars  See all reviews (20 customer reviews)
• Amazon Best Sellers Rank: #1,910,648 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

39 of 41 people found the following review helpful:

3.0 out of 5 stars Pretty good but too much babble, November 18, 2002

By A Customer

This review is from: Turn Your Debt Into Wealth (Audio CD)

I checked this out at the library and thought it had good information about how to cut your expenses and the author convinced me to pay off my mortgage early rather than putting my extra money into the stock market. The first few CD's are very entertaining. The last two CD's don't contain any useful information and are somewhat out of scope. For instance, in the last CD he spends a significant amount of time talking about why only one parent should work because it's better on the kids. He also goes on and on about how to be an asset to your company so you will get raises and not get laid off. This is the type of CD that you will only listen to once so I highly recommend checking it out at your local library and saving the cash. After all, you do want to cut down on debt, right?

25 of 28 people found the following review helpful:

5.0 out of 5 stars Debt Free Blueprint, October 21, 2002

By 

Mike - A Very Satisfied Customer (Chicago, IL) - See all my reviews

This review is from: Turn Your Debt Into Wealth (Audio CD)

I've read Hume Publications Successful Investing & Money Management, Money Magazine's 101 Secrets to Personal Wealth, Rich Dad/Poor Dad and other money making guides. None were as helpful, nor as quick to show results for me as John Cummuta's Debt to Wealth Program. I found it a simple plan that helped me pay down debts and saved me wasting money on interest payments. I've used his system to help me pay down a $5,000 home equity loan and a $17,000 business loan in the last 12 months. I've recommended it to my sister-in-law who has started a savings fund for her kid's college education by accelerating the paydown of some debts. This program won't make you a millionaire but it will help you stop paying all that interest to banks, credit cards and car dealerships!

16 of 17 people found the following review helpful:

5.0 out of 5 stars Excellent common sense about money, May 23, 2005

By 

AndyVA (Richmond, VA) - See all my reviews

This review is from: Turn Your Debt Into Wealth (Audio CD)

I was thrilled by this book! It contains all the "common sense" that they don't teach in High School. This is the audio book to give your buddy that can't get ahead, and doesn't know why.

This book is NOT for those that are successful, have money in the bank, or have low debt to begin with. I believe this is why the book has several bad reviews... They were written by CPAs, and this is NOT a book for a CPA.

This is for your friend that says "I'm no good with money", or "I can't seem to save anything", but has no problem paying the satelite/cable bill/car payment.

This is all the stuff your Dad is supposed to tell you when you get out of high school.