Frequently Bought Together
Customers Who Bought This Item Also Bought
by Joe Dominguez
|
by Ramit Sethi
|
The Happy Minimalist: Financial independence, Good health, and a better planet for us all by Peter Lawrence |
by Paul B. Farrell
|
by Amy Dacyczyn
|
Editorial Reviews
Product Description
Second printing, January 2009
Reviews
Michael's focus is definitely for anyone who is in debt and wants some no-nonsense simple systems to bail out of it.
-- Janine Bolon, founder of SmartCents Inc and author of 'Money...It's Not Just for Rich People' and 'Ditching Debt'
This book doesn't waste time making its points, and there are many very good points. Michael Mihalik is a good teacher, and Debt is Slavery is the kind of how-to manual that should be handed out like tracts at an airport.
-- MightyBargainHunter.com
Debt is Slavery is a great personal finance book, one of the best I've read.
-- GetRichSlowly.org
The book is lean and mean - it doesn't mince many words at all. If direct and clear advice is what you're looking for, you can't do much better than Debt is Slavery.
-- TheSimpleDollar.com
Debt is Slavery is packed full of content and it prompted me to action. This book made so much sense to me and I think it helped me realize my true priorities. Your book is making a huge positive difference in my life. Thank you.
-- BloggingAwayDebt.com
Book Description
In his book, Debt is Slavery, Michael Mihalik describes the 10 steps he personally used to gain control of his finances and pay off a large amount of debt.
The key to Mihalik's method is changing the way people think about money. Mihalik contends that people who do not change their perceptions about money will never succeed in improving how they handle their finances because all action is born from thought.
Mihalik's first technique is described in the title - equating debt with slavery. While this idea may seem extreme to some, people who are burdened with debt will definitely understand how borrowing money puts them in financial servitude to the lender. Successfully equating debt with slavery stops people from accumulating more debt, which is the first step towards recovery (similar to stopping the leak in a sinking boat prior to bailing out the water).
Mihalik goes on to describe other powerful ideas such as equating money with time (to eliminate unnecessary spending), evaluating the hidden cost of possessions, and avoiding the insidious influence of ubiquitous marketing. As the reader progresses through the book, their perceptions about money will transform until by Chapter 9, they will truly believe they can 'Save 50 Percent of Your Salary'. The book ends with an in-depth description of a simple way to plan your finances.
The author states in the introduction that because people are busy and do not want to be distracted by 'fluff', he has boiled the book down to the absolute basics. The result is a hard-hitting book that is 128 pages cover-to-cover. There is a gem on every page and even the busiest person can find time to read this powerful book.
From the Publisher
The result? U.S. consumer debt recently hit an all-time high of $2.35 trillion and millions of Americans are struggling to make ends meet.
Debt is Slavery offers hope. The book takes a unique approach to personal finance by focusing on changing the way people think about money. The author uses his personal triumph over paralyzing debt to illustrate 10 lessons that will transform the reader's relationship with money so they too can pay off their debt, reclaim their freedom, and lead more fulfilling and prosperous lives.
Product Details
Would you like to update product info or give feedback on images?
|
boat payment, loan balance, furniture loan, monthly hills, boat loans Key Phrases - Capitalized Phrases (CAPs): (learn more)
Spending Money, Check Check Amount, Citibank Visa, Airlines Visa, Cell Phone, Student Loan, Natural Gas, Home Equity Loan, Car Insurance, Internet Service, Car Payment, Giant Marketing Machine, Mechanical Engineering, United States, Social Security, Grand Total, Valentine's Day Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
What Do Customers Ultimately Buy After Viewing This Item?
 |
68% buy the item featured on this page: Debt is Slavery: and 9 Other Things I Wish My Dad Had Taught Me About Money $10.17 |
 |
12% buy I Will Teach You To Be Rich $10.04 |
 |
12% buy Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century $10.88 |
 |
4% buy The Happy Minimalist: Financial independence, Good health, and a better planet for us all $11.51 |
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
Sell a Digital Version of This Book in the Kindle Store
Customer Reviews
|
Share your thoughts with other customers:
|
|||||||||||||||||||||
Most Helpful Customer Reviews
Share your thoughts with other customers: Create your own review
|
|
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Listmania!
So You'd Like to...
Product Information from the Amapedia Community
Beta (What's this?)Be the first person to add an article about this item at Amapedia.com.
› See featured Amapedia.com articles
Look for Similar Items by Category
Look for Similar Items by Subject
Your Recent History
(What's this?)|
After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in. |
