It Doesn’t Get Much Better

The Debt Book – sale of a lifetime! (Well, maybe not of a lifetime, but still pretty impressive.) My publisher, Bantam, as part of a promotion package, has put the digital version of my book How to Get Out of Debt, Stay Out of Debt, and Live Prosperously on sale...

Citywire Money on the Debt Book

How to Get Out of Debt remains one of the best books on the subject. If you are solvent or well-off it is still worth reading, if only to become well versed in the thinking and strategies that can help a relative or friend regain their prosperity. Click here to read...

William Petruzzo on the Debt Book

I really enjoyed this book and starting tomorrow I’m going to read it again. I’m a reasonably fast reader and zoomed through this book in just three days. But I believe it was intended to be read one chapter per day. I think the advice is worth considering seriously,...

The World Is As We Are

That is a Hindu saying I have always valued, and which has been greatly helpful to me: “The world is as we are.” Basically, it says that if I would change my experience of the world, then I must change myself. That’s pretty much been my experience....

The Last Taboo

Four years ago [four years back in 1988, that was], Catherine, a freelance editor with whom I was passingly acquainted, called me one afternoon weeping and barely coherent. “I have to see you,” she said. “I’m desperate.” We met in a park twenty minutes later....

Debt Is a Verb

“Debt” is a noun. It has never been used as a verb – “to debt.” But we’re going to coin it that way and use it that way on this site. It helps us distinguish such use of money from other types spending and from secured loans. If Joanie goes into a department store and...

What I Gave My Children: A Christmas Story

Twenty-six years ago, I bottomed out on debt and money, ending up $50,000 in unsecured debt (about $110,000 in today’s dollars), with expenses of $3,000 a month, and a reliable income of $350 a month. I was living in torment, despair, and hopelessness. That is not...