The ABC's of Getting Out of Debt: A Review
The ABC's of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into
Good Credit / by Garrett Sutton, Foreword by Robert Kiyosaki (Business Plus [Rich Dad's Advisors], 2004) Softcover, 213 p. ISBN 9780446694094
The ABC's of Getting Out of Debt, part of the series Rich Dad's Advisors, takes a careful look at debt and the trouble people face with it. Not all debt is a bad thing, but most people with debt problems do not understand the difference. Too many scam artists lurk nearby, offering quick fixes that fix nothing or charging high prices for services readily available for free.
Debt and credit are related but different concepts. Author Garrett Sutton and contributor Gerri Detweiler address how people establish credit, how the credit industry rates credit, and how it can be used in good and bad ways. Since many readers are looking for advice to get out of problems, The ABC's of Getting Out of Debt covers how to repair credit in great detail.
Much of the advice is fairly common. People often need frequent reminders of basic concepts before they really understand them or begin to act on them. The value of a book on personal finance, therefore, depends not on how novel the advice is, but how well it is organized and presented.
The ABC's of Getting Out of Debt is careful, thorough, and explained in language that is easy to read. It stands out from other books on the topic in part because it deals with important aspects, such as the statue of limitations and the health effects of bad debt, that so many others omit. Visit the All-Purpose Guru Alert often. It features one good book, like this one, every day at bargain prices.
The ABC's of Getting Out of Debt: A Review
By: All-Purpose Guru
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