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 Step Five
The Debt-Free Solution
Get Out of Debt--and Stay Out of Debt
One of the most important keys to living smart and finishing rich is leading what I call a "Debt-Free Lifestyle". These days, however, doing this can be a real challenge. According to a recent USA Today article, by the time the average college student gets out of school, he or she has three credit cards and is close to $3,000 in debt. For adults, the figures are worse . . . much worse. All told, American families currently owe a total of roughly half a trillion dollars in credit-card debt. That works out to nearly $8,400 per household. It's truly a war out there--and the credit-card companies are winning.
In this chapter, you're going to learn a series of concrete steps that will enable you to regain control of your finances. Specifically, I am going to share with you a 13-point action plan designed to get you out of credit-card debt. I am also going to show you how to protect your credit record. And, finally, I'll provide you with letters to send to the credit-card companies and agencies that track your credit records in the event you find errors.
Click here for the full chapter.
Buy the Book
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David,
I too saw you on Oprah and I ran to the library immediately and checked to see if they had any of your books. They had "Automatic Millionare", but all 3 copies were checked out! So I had my name added to the waiting list. They called me the next day and I started reading as soon as I got home. This was on Friday. It is now Sunday. 
In Start Late, Finish Rich, David Bach takes the "Finish Rich" wisdom that has already helped millions of people and tailors it specifically to all of us who forgot to save, procrastinated, or got sidetracked by life's unexpected challenges.
