Book review of Get Out of Debt! Dealing with the Challenges of Debt by David and Marcia Rye.
Do you know someone who is heavily in debt and loves to read long extensive books on financial planning? Yeah, me neither. This book took me less than an hour to read. Anyone can find an hour to learn about getting out of debt.
I ran across this book on my local library’s digital library on Overdrive. This book is the first book in a four-part series Get Out of Debt!.
Very easy to read and concise. This first book of the series is focused entirely on debt. From how we get stuck in debt to a plan on getting out of debt. Someone new to financial concepts should have no trouble reading this book.
Every time you borrow money, you’re robbing your future self.
Nathan W. Morris
It starts with how we get into debt. Why do we end up spending more than we earn every month and types of debt that we may occur.
It then moves on to how to get out of debt. This is mainly driven by the monthly budget. We can’t take charge of our money if we have no idea where it is going.
The book also touches on ways to avoid debt, all about credit score, debt consolidation, and spending less.
It wraps up with a chapter on hard decisions. This is when cutting spending in not enough.
All in all this was a great book. What I like most about this book, it is to the point. I have read many books in which the first chapters are great then the rest of the book just repeats itself over and over again. This book is a very efficient and packed with loads of information on debt.
I would highly suggest this book to someone who has any type of debt and is wanting to put together a plan to get rid of that debt.
Just a heads up. Right now this book is free on Kindle Unlimited and only $1.99 for the ebook. See my affiliate link below.
Stay tuned for the reviews on the rest of the Get Out of Debt! series.