Good Debt, Bad Debt: Are you using Debt? Or is Debt using you? - Softcover

Hanson, Jon

Softcover

ISBN 10: 0972114645 ISBN 13: 9780972114646

Publisher: Monroe Educational Media, 2017

Synopsis

"The past is the past unless you still owe for it:' Wealth for most people is a combination of discipline and delaying gratification. Few people become suddenly wealthy. While it is common to blame others for our lot in life, it is true setting aside a portion of all we earn over many years is the answer for working folks. The haves and the have-nots are direct descendants of the dids and the did-nots. -Jon Hanson, 2017 Debt is like cholesterol, says author and lecturer Jon Hanson: Some kinds are good and some are bad. Too much bad debt can wreck your financial health, but so can too little good debt. The problem is that many people never learn the difference. Hanson himself barely survived a "near debt experience" a few years ago. In Good Debt, Bad Debt, Hanson explains how good debt can help readers achieve their dreams, such as buying a house, a car, or a college education. But he’s also tough about diagnosing the symptoms of bad debt. If you’ve ever gotten into trouble with your credit cards, or leased a car that’s way more expensive than you can really afford, or bought a house with only 5 percent down, it’s time for a reality check. Hanson has been researching this topic relentlessly since pulling himself out of the hole he dug with bad debt. His book blends personal stories, humor, and even twenty original cartoons, making it more fun to read than the typical personal finance tome. It covers topics like income/wealth confusion, emotional spending, and marriage issues—as well as nuts-and-bolts chapters on car buying, home buying, retirement, and more. Good Debt, Bad Debt is an entertaining and inspirational guide to improving your life so that bad debt can’t rob you of your joy. In the tradition of Rich Dad, Poor Dad, it shares the secrets that only a minority of lucky people already know.

About this edition

• Publisher: Monroe Educational Media
• Publication date: 2017
• ISBN 10: 0972114645
• ISBN 13: 9780972114646
• Binding: Paperback
• Number of pages: 300