Newest David Bach book, FREE, 1/5/11 only

[Plain Old Petunia]

Jan 5, 2011 ONLY

You can download David Bach's newest book here:

www.walletpop.com/david-bach

[phil5185]

Cool.

294 pages.

Page 163 & 4 has a table of the statutes of limitations for all states.

[MN-Investor]

Title of the book - "Debt Free for Life"

[Kung Fu Panda]

Thanks for the link!

[TrixAre4Kids]

Downloaded that from my local library recently! Luva luva luva my library downloads!

[bobbysgirl]

Thank you Petunia. I just posted this on my blog (Focues on young families to get out of debt) Many families will be helped by your sharing this info. I'd call this 'paying it forward'.

[haapai]

Thanks for the link.

I'm on page 24 and not very impressed, but you've saved me two trips to the library.

[haapai]

I got to page 81. Then wanted to throw the disgusting combo plate of pablum and hucksterism against the wall. Alas, there was no book to throw.

I really expected better after all the nice things that I've heard about Bach over the years. Does he always write on this level? Does he always push product like this? If I went looking for this text in the library, would I even find it?

[The Captain]

Haapai,

Let me know if you find anything redeeming in the book. I appreciate you letting us know it may just be a big sales gimmick.

[daylight]

Thanks a lot.

I read Start late finish rich and thought it had some sound advice for the average (financially not very articulate) reader. Most people do not pay themselves first, their spending does not match their values and have no idea what CC payments are. Then again, since I'm not from the US, I wouldn't notice inaccuracies. His advice on real estate purchase was in line with the hype of the bubble (buying with nothing down etc.). As for product placement...maybe because I was not that familiar with the suggested firms anyway, I just thought it was convenient that people who don't have the foggiest idea what a ROTH IRA is get advice for opening one. Most people will not google the topic after finishing the book and it's much more straightforward to choose from the options presented in the book. I thought that for the average YM trainwreck, that book had serious merits.

[haapai]

If I keep reading it, I'll just get madder.

The most frustrating thing about this is that I have a soft spot for rapid debt reduction. I really wanted to find solid, logical arguments for ignoring interest rates and increasing discretionary income by retiring debt as soon as possible. When things are tight and confusing, paying off those small debts can transform your finances. I know this because I've done it. Paying off that tiny, tax-deductible, 5% Perkins loan instead of paying down the signature loan at 10.9% was quite possibly the smartest financial move that I have ever made.

Consequently, I have some sympathy for DB and DR, but I'm always disappointed when I read their stuff.

[leeann]

I made the mistake, bought it at Barnes and Noble, returned it. Nothing new in it in my opinion.

[Deleted]

I read most of it today, and found just what I expected, a book for the very beginner of personal finance. I would recommed this to anyone who thinks Dave Ramsey is a little too extreme.

Bach is not an extremist or have any wacky theories, and that I like. Clark Howard falls into this category also.

[Kung Fu Panda]

For every one of you on the board there are probably 5000 people who have no idea how to do what he recommends. Its also good reminders, just to double check your plans, and formulate opinions.

[RoadToRiches]

I am on page 60. Same thing as all the other basic books, but I like it. Something to read that motivates me. I didn't get to the part with the tables and stuff, but I would imagine it will say something like "Pay off your high APR cards first" which is what I am doing. Well, actually, I am following a plan that CNN debt payoff website mapped out for me. Should be debt free in 13 months following that payment plan.

I also like DR.

You have to think of them as motivational speakers and not financial gurus. They can keep people like me in check. I noticed slowly as I read books like this, I start thinking different. It does not mean that I didn't know what budget was or how to set one up. Of course I did. But I just never did it. DB and DR put FEAR in me and make me think "Man, I am in deep s**t here! I gotta get this fixed or I will be giving away carts at WalMart when I am 70!!!" That is the reason why I use them. To keep me motivated. To remind me.

I like the part in this book at the begining when he writes about a couple on Oprah show that "Got it". It kind of hit me because I never thought that deep about WHY I want to be debt free. Of course, obvious reasons.. that I am sick of paying interest and just don't want to owe any money to anyone anymore...but when I read...I thought little deeper when the couple said "We hate our jobs, that's why we want to get out of and be debt free"...I started to picture myself doing whatever I want if I only didn't owe anyone any money. The pressure to stay at any job because I have to pay bills would be gone. Not like I don't like my job.. I like it. But if you don't have debt and have money saved up..YOU HAVE OPTIONS.

[Poppet]

America needs books like this even if YMers think it's preschool level finance and common sense strategies.

I too like to read it just as a reminder of where I could be--that is like most Americans and my lovely state of California, not to mention the fed gov't itself.

Over my adult life I've gotten myself into and then out of debt three times.

This third time was due to cars, and home upgrades on zero percent interest cards, but still. Debt is debt and if I screwed up ....

Well we got rid of the last spate of debting in 2008.

Being out of debt is the best feeling in the world.

Staying out of debt is harder than getting out of it, I think.