Put Your Debt on a Diet: A Step-by-Step Guide to Financial Fitness [Paperback]

Stanley J. Kershman (Author)

Book Description

Publication Date: August 2005

More people are up to their eyeballs in debt than ever before. American families currently owe close to $2 trillion in debt–and that doesn’t even include mortgages. That’s more than $18,000 for every household in the nation. It’s vehicles, credit cards, student loans, and more...and it’s dangerous. The number of consumer bankruptcies has risen dramatically in the past decade, and Americans from all walks of life are in dire financial straights–from the working poor to the highest-income professionals. No one is immune from crushing debt, and it will just get worse if we don’t take control now.

Put Your Debt on a Diet takes the mystery and fear out of the process of overcoming event the most severe financial problems, whether you’re in financial crisis, or just living too close to the edge. More money is not the answer; the solution is better management of the money you do have. This conversational, practical, and accessible guide provides a clear process and achievable milestones to help anyone achieve financial stability.

Editorial Reviews

Review

Kershman's book contains suggestions that can be followed by everyone, and it illustrates them in a clear, concise manner. -- Diane Koven, Certified Financial Planner

This book is a reminder of the pitfalls to avoid and offers some solid advice... to teach correct attitudes. -- Mark Buckshon

Review

"Debt does not have to be a four-letter word. Everyone during their lifetime will inevitably take on some debt. But understanding it, and learning how to manage and control it, are crucial to everyone’s financial success. This book is an excellent guide to putting borrowed money in perspective and making it work for you."

David Cork, Author of The Pig and the Python

"Acting as a coach, Stanley Kershman helps you avoid getting into financial trouble and throws you a lifeline if you do. Readers can happily gorge themselves on his high-fibre and healthy recipes."

Ellen Roseman, Business Columnist, Toronto Star, and Author of Money 101 and Money 201

"A very practical guide for families who find themselves burdened with excessive debt, and for those who want to avoid becoming overly indebted."

Charles Freedman, Former Deputy Governor, Bank of Canada

"The best way to avoid financial difficulties is to have a thoughtful and realistic financial plan. Stanley Kershman’s book offers all the necessary ingredients to create a recipe for financial success."

Pierre Ouellette, Executive Director, Ontario Association of Credit Counselling Services

--This text refers to an alternate Paperback edition.

See all Editorial Reviews

Product Details

• Paperback: 205 pages
• Publisher: Pepper Pike Press Inc. (August 2005)
• ISBN-10: 0973888806
• ISBN-13: 978-0973888805
• Product Dimensions: 8.9 x 6 x 0.6 inches
• Shipping Weight: 12.8 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #3,457,208 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

5.0 out of 5 stars Reducing Plan Works!, December 5, 2003

By 

Diane Koven, CFP (Ottawa, Ontario) - See all my reviews

This review is from: Put Your Debt on a Diet: A Step-by-Step Guide to Financial Fitness (Paperback)

As a Certified Financial Planner, I am always on the lookout for effective, easy-to-follow money management ideas for my clients. Stanley Kershman has written a book that is a "good read." It can be read chapter by chapter or all at once (it is hard to put down!) Well laid out, each chapter has helpful hints in bold boxes and ends with a concise, numbered summary. Kershman has touched on all the real-life financial circumstances that ordinary people find themselves in and he has suggested ways to navigate successfully through the occasional rough spots. Although he practises bankruptcy and insolvency law, Kershman has shown how people can avoid becoming his clients! After reading this book, everyone should sit down, make a list of things to do, and perhaps top that list with "Find a Financial Planner."

2 of 3 people found the following review helpful:

5.0 out of 5 stars useful book, December 20, 2003

By 

Mark Buckshon (Canada) - See all my reviews

This review is from: Put Your Debt on a Diet: A Step-by-Step Guide to Financial Fitness (Paperback)

If you are looking for a "lazy" solution to debt problems (like winning the lottery!) you won't get much from this volume, but if you are really ready to tackle the debt issues, it will be very helpful. For those of us without a serious debt problem it is a reminder of the pitfals to avoid and offers some solid advice on child rearing to teach the correct attitudes. The only problem here is the people who could use/need the book the most might think that a trip to the casino or the "payday loan" place is a wiser 'investment' than this book. Too sad, indeed.