The Debt Consolidation Myth: A Proven Method to Help You Get Out of Debt While Still Living Your Life (YNAB 80/20)
| Author | : | |
| Rating | : | 4.24 (847 Votes) |
| Asin | : | B073HN2YS5 |
| Format Type | : | |
| Number of Pages | : | 270 Pages |
| Publish Date | : | 2013-11-24 |
| Language | : | English |
DESCRIPTION:
Everything you need to figure out how to demolish your debt, in one place! First, full disclosure: this book is by the founder of YNAB ("You Need a Budget"), and to a small extent it's a bit of a commercial for YNAB. But not overwhelmingly so-- in that portion of the book, it presents methodology rather than the hard sell, and lets the methodology speak for itself. And (here's the full disclosure) I'm a YNAB customer and it is a LIFE CHANGER. So I'm a bit
Debt’s a drain. Nope, “lame” is probably not a strong enough word for it. And, true to our 80/20 guide form, I’ll tell you everything you need to know and do as quickly as possible. It takes the fun out of just about everything.Sure, you’ll hear fancy-pants people tell you about “good” debt and “bad” debt and the like. Let’s have you be rid of it forever. Let’s have you destroy your debt. They’ll discuss fancy terms like “opportunity cost” or the value of using “OPM” (other people’s money, and if you didn’t know what OPM meant, bless you). They may even use another three-letter acronym like “ROI” when they’re talking about how you can leverage debt and get a better return on your investment.Well, we’re not talking about capitalization of a multi-conglomerate business. So I think it’s safe to say that your debt belongs right square in the middle of what we’d call your personal finance.Yes, let’s make this very personal. It’s a mood killer. Unless I see a good opportunity for a joke, where I’ll drag it out just a bit longer.. It’s a relationship strainer. That’s exactly what this 80/20 guide is going to give you—a sure-fire, bulletproof, tried and true method for destroying your debt.Debt, in almost any form, is lame. And when it comes to personal finances, debt