Get Motivated By Success!

Check out this amazing success story I received from Julian Smith who decided to take action and apply the strategies in Debt Free For Life to change his life forever. It’s stories like this that keep me doing what I do and I hope inspire you to better your own financial life.

“Two years ago while flying from California to Charleston, S. C.  I purchased David’s book Debt free for Life. This book ended up an epiphany for me. I had been sick with thyroid cancer for years undiagnosed and done a flip house and had charged up to $75,000 in debt. Spending thousand of dollars trying to find a cure for my illness and charging all this debt on a flip house in a bad economy. I was lost on how to get out of debt. After finding out what was wrong with me and getting the proper medical attention I was back on the track. Finding David’s book truly helped me get back in financial order.

I gathered all my credit cards and did a spread sheet and began paying off my debt using your DOLP system. This strategy paid off!  Now two year’s have passed and all my credit card debt is paid off ($75,000!!). This was a very difficult time in my life and I did not want my family to know the situation with my debt. The stress of all that debt is gone.
 
My next goal is to pay off all my mortgage debt. I plan on using David’s strategies on paying down the debt and get free of all that debt and enjoy the rest of my life. I would recommend that all college students read this book or anyone having financial problems. It is truly life changing. Last week I read the book for a third time and went to the chapter on web-sites and free money. Well! I found an old insurance policy that was not returned to me and found money for 14 friends and family members. I have told many friends and business associates about the book.  I look forward to meeting David in person one day to personally thank him for his help!

Thank you!

Julian Smith”

Share YOUR success story with me and help motivate others to Live and Finish Rich by CLICKING HERE 

Live Rich,
David Bach

Today.com – How to Build Credit When You’re In Debt

Visit msnbc.com for breaking news, world news, and news about the economy

Do you want to know how to build your credit score when you’re in debt? Well, this week that’s exactly what I discussed on Today.com, so watch the segment above to find out what you can do!

Email Question From Mary:

I went on a Debt Management Plan about 2 and a half years ago. I want to start rebuilding my credit. I’ve looked at pre-paid credit cards, but I am not sure this is the best way to go. Do you have any suggestions on how to start rebuilding my credit now? Or do I have to wait until the Debt Management Plan is complete?

My advice:

-          Go apply for a credit card, NOT a debit card.

-          Go to CreditCards.com and look for a credit cards that right for you.

-          Only get one that has a small limit on it, $1,000 – $3,000.

-          Use the card WISELY, and pay it off every month!

Live Rich,

David Bach

 

 

Go Green, Live Rich (From oprah.com)

Jean Chatzky

Do you want to save money and become more environmentally conscious at the same time? I talked to Jean about my book Go Green, Live Rich: 50 Simple Ways to Save the Earth and Get Rich Trying and about how my family is saving money and living better through a green lifestyle. Plus, Jean talks with journalist Bill Kurtis about his goal to raise beef that is better for the environment through his large-scale, grass-fed cattle business, Tallgrass Beef.

Click HERE to listen to the interview on oprah.com!

Deal with Your Credit Card Debt (From oprah.com)

Credit card debt

If You Can’t Afford to Make the Minimum Payments, Here’s What You Should Do

First, take advantage of Help With My Credit, a resource for struggling consumers created by a group of major card issuers, including Bank of America, Capital One, Citi, and Discover Card, plus the MasterCard and Visa networks. The service—which is available through both a toll-free number, (866) 941-1030, and a website—offers tips on managing your credit cards, communicating with the card companies, and finding an accredited credit counselor.

To read rest of my article on dealing with your credit card debt on oprah.com, click HERE!

The 10-Step Plan to Improve Your Credit Score (From oprah.com)

Credit score

So let’s get started. The simple truth is that raising your score isn’t that hard if you know what to do. It just takes time. As I noted above, it’s mainly a matter of understanding the factors that FICO weighs and then figuring out which of them you can change for the better. Over the years, I’ve coached literally thousands of people on fixing their credit scores, and based on that experience I’ve developed a 10-step action plan to get your score up quickly and keep it there. I promise you—regardless of where you are starting from, if you follow this plan, in six months your score will be higher than you thought possible.

Click HERE to read rest of my article on oprah.com!