- ISBN13: 9780470455760
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Product Description”The Debt-Free Millionaire is a clarion call for a generation that wasbrought up on spending tomorrow’s money today. As someone who spenttime in the financial services industry, I can unequivocally state that Anthony’s pragmatic and refreshingly contrarian approach to the real secrets of cash-flow management—and leveraging the credit system—are a breath of fresh air in a smog-choked world of misinformation and confusing financial advice. I can think of a million . . . More >>
The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich
The Debt-Free Millionaire takes an interesting look at how an average individual can go from being highly in debt – to becoming a millionaire.
The author’s main premise being that everyone can be a millionaire and this book spends approx 80% of its content on discussing various debt reducing (to eventually eliminating) debt in order to progress to saving, investing and accumulating wealth.
What I liked about this book is that the author is highly encouraging and acknowledges that debt is a very real part of life for many consumers today.
I also thought his comments about how the “pay yourself first” may not be in the best interest of the average person in this day and age because of the fact that the concept of credit has changed dramatically since the “pay yourself first” suggestion was started over 60 years ago.
There is a very deep look at debt and how many people get into it and ther is alot of discussion about the debt traps and how to get out of it.
I liked this book because of its somewhat different approach to debt and I also thought it was extremely well written for the average layperson who is not into trying to decipher financial statements.
I suggest this book for anyone who is in debt or overwhelmed by debt.
Rating: 4 / 5