|
Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life | 
 enlarge | Author: Jon Hanson
Creator: Patty Kadel
Publisher: MonroeMedia.com (Portfolio Edition)
Category: Book
List Price: $12.95
Buy New: $2.50
You Save: $10.45 (81%)
New (10) Used (16) from $2.50
Rating:  9 reviews
Media: Paperback
Pages: 304
Number Of Items: 1
Shipping Weight (lbs): 0.5
Dimensions (in): 7.6 x 5 x 1
ISBN: 1591841461
Dewey Decimal Number: 332
EAN: 9781591841463
Publication Date: December 26, 2006
Availability: Usually ships in 1-2 business days
| |
| Also Available In:
|
| Similar Items:
| |
| Editorial Reviews:
Product Description
Debt is just like cholesterol. Too much of the wrong kind can kill you. But too little of the right kind can be a problem too. Just as not all kinds of fat are equally bad for your health, not all kinds of debt are equally bad for your wealth. Jon Hanson learned about debt the hard way, barely surviving his own "near-debt experience." Now he can help you avoid the same fate. Good Debt, Bad Debt doesnt offer quick-fix solutions. This isnt optimistic taffy to soothe your ego. Its about embracing the reality of where you are financially and working to improve your position. Hanson explains that "debt takes more than your money. It takes your freedom, time, peace of mind, and opportunities. Debt makes cowards of us all." Good Debt, Bad Debt concentrates on what you can do using your present income. It blends personal stories, research, history, and humor to build the argument for living life with a plan, instead of allowing yourself to be controlled by your emotions and impulse spending. With a new chapter on debt warfare, Jon Hanson will bring you out of the financial trenches and show you how to wage war against the most difficult personal economic pitfalls.
|
| Customer Reviews:
Showing reviews 1-5 of 9
 Personal finance February 13, 2009
D. Maggard (Asheville)
This is an excellent book on how to understand your money and what the difference is between good and bad debt. If you can understand what's in this book it will change your financial thinking and position. I have given it as a gift to every friend and relative that will read it and I highly recommend it to you.
This is Life 101 - Required re4ading for EVERYONE with a pulse. February 14, 2007
Robert Fleege (San Francisco, CA United States)
What a great book. You will love the authors connection through his creative and easy to understand language. You get the feel throughout that the author doesnt try to impress you but rather provide honest advice based on both experience and research. No doubt, hands down the best and most enjoyable financial book available. The value of this book over a lifetime is immeasurable. Thank you.
Public schools should pass these out before Math texts! April 23, 2006
M. Smith (Champlain Valley, NY)
2 out of 2 found this review helpful
I picked this book up at the library and did take my time over it (renewed once) but that is after reading the first few main chapters. Ane reading other stuff inbetween. It IS easy to become more financially set. To save money, live with a reasonably priced car and house (below your "means") and bank the differences. Short term deferment results in long term gain, don't keep up with the Joneses. Timeless quotes are given from experts through history. Humor makes this a good read.
Basic math classes in our public schools would do us a world of good if they just taught these basic concepts!!! But it took me to age 40 (like the author) to learn this. Do I really need all this junk in my life?
Definitely a good graduation present for any young person -- if they read it. I know in my head that putting a little away each pay will add up, but it is that immediate gratification that can ruin such a plan. Any intelligent person will see the basic, logical reasoning given here. I hope people can be persuaded to put it into practice. Yes, you can cut up your credit cards, or at least pay them off monthly. Thank you for a great book! P.S. Buying this on the gooddebt website will give a donation to childrens' autism research.
Good Debt, Bad Debt September 29, 2005
J. Johnson (Illinois)
1 out of 2 found this review helpful
I really enjoyed this book. It has a lot of eye opening information in it and walks you through step by step. This book really makes you stop and think about all aspects of your life and where you've been and where you're going and where you want to be. We all have to start somewhere and sooner is most definitely better but we can all still do it.
I will be purchasing a couple copies of this book to give to my sister, who is recently divorced, and my future daughter-in-law. I feel that it is something that should be passed along.
 Overlong and Overwritten. The message is good. September 7, 2005
Ronald L. Starr (Oakland, CA)
9 out of 9 found this review helpful
While I strongly agree with the message of this book, I cannot recommend it. The theme of the book is that you need to save part of your income and invest it to create wealth for your old age. This agrees with the research in the book "The Millionaire Next Door," cited by Mr. Hanson. That book, through personal interviews, shows that most self-made multimillionaires lived on part of their income and invested the rest for high return.
The main weaknesses of "Good Debt, Bad Debt" are repetitiveness and overwriting. The author Jon Hanson says he wanted to be an author for many years. When he told this to an English teacher, he says she laughed uproariously. He would have done well to have called her in to help with the volume. The book could be, in my judgment, about one-third as long with judicious editing and still convey most of the information contained. I found it hard to read the last one-third. Also, the author self-consciously and seemingly proudly coins new words and phrase, as well as "10 second lessons."
The writing itself is clear and there are very few typos.
The message is fine: reduce your consuming-being in the "consumerati"-and then invest, with real estate being favored. The author also shares some of his personal history, including his own weakness in following this advice. There are some brief descriptions of people who have good and poor savings patterns. I'd like to see more-detailed case histories of people who changed from poor to good financial management and the results. Because of the repetitions, some readers might find some ways of saying things a little clearer than others.
Overall, while I like the message, I don't recommend reading this book to get it.
Oh, why does my review different from earlier ones? I feel this author got shills to give him excellent reviews which, in my view, are not deserved. Only one of the four other reviewers have reviewed other books than this one. And two of the three apparently shill reviewers are in the same state as the author, suggesting people who know him. So, I recommend you ignore earlier reviews.
Showing reviews 1-5 of 9
|
|
|
| |
