GOODBYE DEBT—HELLO FREEDOM! Most of us grew up with the idea that there is good debt and there is bad debt. Good debts are generally considered to be debts you incur to buy things that can go up in value—like a home or college education. Bad debts are things like credit card balances, where you borrowed money to buy things that depreciate or go down in value, like most consumer goods. But as America’s favorite financial coach, David Bach, points out, in difficult times there is no such thing as good debt. There is only debt. And all debt is too expensive—if what you desire is FREEDOM! In fact, Bach believes the best investment you can make today is to pay down your debt, faster and smarter than you have ever attempted before—starting today! In Debt Free for Life, #1 New York Times bestselling author David Bach has written his most groundbreaking and important book since The Automatic Millionaire, giving us the knowledge, the tools, and the mindset we need to get out of debt and achieve financial freedom— forever! Offering a revolutionary approach to personal finance that teaches you how to pay down your debt and adopt a whole new way of living – debt free. Bach unveils the Debt Wise program that empowers you to pare down your debt automatically. You’ll learn how to calculate your Debt Freedom Day – the actual date you will be completely free of debt. And you’ll discover that when you are debt free, you need a lot less money to live on. You can retire, even with a smaller nest egg -- perhaps earlier than you expected. David Bach has coached millions to pay off their debt and now he can guide you. Whether you have home loans, student loans, car loans, credit card debt—paying down your debt is truly a game you can win, if you know the rules. Debt Free For Life will teach you the rules and give you the tools to buy back your freedom.
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"Happy New Years! It it time to take action on my New Years resolution and this book was a great step in the right direction. I have never read any previous books written by David Bach nor have I seen him on any television programs. In this book he does reference his other books and television appearances quite a bit but they are not necessary to have read before this. I found the way that Bach broke down the book into sections very helpful. He first goes over debt and how to manage it generally. He then goes into his suggested methods of debt management (the DOLP method). In later chapters he goes into specific detail on credit cards, credit scores, mortgages, student loans, time-barred debt, credit counseling, bankruptcy, and finding lost money. I have started using the methods he suggested and already feel in much better control of my finances."
— Cindy (5 out of 5 stars)
" Nothing that hasn't been written before. Plus a pitch for another service. "
— Ricky, 2/15/2014" Good book. Definitely reccommend reading it if you have any kind of debt. Lots of good info to keep you out of debt as well. "
— Joe, 2/3/2014" Short and sweet: decent book that references a majority of online tools and coaching enrollment. It not all together the worse book ever written, mind you. I did read ideas and gain knowledge that I didn't have before. But save your money and rent this book from your local library instead of buying it. And, above all else, when things look down and naysayers are at your back, "bet on yourself to win." "
— Kimberly, 1/22/2014" As always, I love David Bach. "Smart Women Finish Rich" changed my life - and this book didn't disappoint. It is a GREAT book, even if you don't currently struggle with debt. I just found some unclaimed money for a family member I would have NEVER known about without this book. Everyone should read this book! "
— Rebecca, 1/21/2014" So far, this is the most boring book that I've ever read about personal finance. "
— Anna, 1/14/2014" Fast read, but waaaaay too much selfpromotion! Would've been half size smaller if it would be taken out. "
— Maksim, 1/8/2014" Valuable book about getting your head screwed on straight about money. Teaches practical, clear strategies on how to get a handle on your spending and get out of debt once and for all. "
— Keith, 12/28/2013" Not real helpful. His advice is: pay off all debt as soon as possible. Do it by reducing spending dramatically and paying off the smallest debts first then when the 1st is paid off rolling that payment towards the next largest. Rinse. Repeat. Oh, and bankruptcy is sometimes the answer. "
— Kurt, 12/28/2013" This book was a very easy read. I have enjoyed the 2 books that I have read from the author. It also has very good information for anyone who is in serious debt or just wants to be free from all debt. I enjoyed it and would recommend it to almost anyone who cares about their finances. "
— Dave, 12/20/2013" If you've read any of his previous books then you won't find anything new. But as all his books it's always fun to read. "
— Daniel, 12/15/2013" This book has great tips for living a debt free life, unfortunately it just doesn't apply to us right now in our lives. Hopefully when Ryan is done with school we can put some of these tips into practice! "
— Taryn, 10/19/2013" David always has some good ideas in his books - I increased the extra payments on my mortgages by $10 a day after reading this one. If you have read David before, he does re-plow a lot of ground but his books are a quick read and I always make a few changes based on them. "
— Petesea, 10/19/2013" could not get through it "
— Emilie, 7/1/2013" Not a fan! This was little more than a big promo for his "plan" which I'm sure works if you want to fork out money to use it. There were some helpful pointers which kept me from giving it 1 star, but I would not recommend this book. "
— Scott, 6/14/2013" If you have a lot of debt and don't know how to dig out, where to start even, this is a very helpful book. Although he is selling a system he does offer a free way to do the same work. From credit cards and mortgages to bankruptcy to finding unclaimed money. "
— Mckinley, 4/21/2013" Great book with good tips in it about money. "
— Melissa, 2/3/2013" I love financial books, and this one provides a lot of good information for Canadians. David offers a common sense approach to handling your finances. "
— Shannon, 8/10/2012" Currently listening to the Audiobook in the car. "
— Jessica, 7/12/2011" This feels like an informercial for Equifax services that he is sponsored by. "
— Matthew, 6/16/2011David Bach is a prolific financial author boasting nine consecutive bestsellers and garnering attention from publishing, business, and popular media sources. His breakout book, The Automatic Millionaire, was the #1 Business Book of 2004 according to Business Week. Creator of his signature FinishRich™ seminar series, he shares financial strategies through frequent lectures and presentations. He currently lives in New York.
Erik Davies is an accomplished audiobook narrator and voice-over actor. His stage credits include G.R. Point, Unpublished Letters, and Flats Fixed. Some of his television and film appearances include ER, Third Watch, and a starring role in the hit indie comedy High Society: A Pot Boiler. His audiobook narration has won three AudioFile Earphones Awards.