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.
From AudioFile
Virtually anyone can become debt-free in five to seven years--including owning their home--if they (1) have enough income to pay current expenses and debt without borrowing, (2) find an extra 10% or so of their monthly gross to accelerate debt repayment, and (3) commit to the plan outlined in this audio. It involves keeping your debt amount the same as bills are paid off and applying freed-up money to the remaining bills instead of improving your lifestyle. There is also advice on such things as insurance, cars, and grocery shopping, most of it good, if oversimplified. Cummuta is a likable and entertaining speaker. T.W. © AudioFile 2002, Portland, Maine--
Copyright © AudioFile, Portland, Maine
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