Good Debt, Bad Debt
Knowing the Difference Can Save your Financial LifeBook - 2005
In Good Debt, Bad Debt , Hanson explains how good debt can help readers achieve their dreams, such as buying a house, a car, or a college education. But he’s also tough about diagnosing the symptoms of bad debt. If you’ve ever gotten into trouble with your credit cards, or leased a car that’s way more expensive than you can really afford, or bought a house with only 5 percent down, it’s time for a reality check.
Hanson has been researching this topic relentlessly since pulling himself out of the hole he dug with bad debt. His book blends personal stories, humor, and even twenty original cartoons, making it more fun to read than the typical personal finance tome. It covers topics like income/wealth confusion, emotional spending, and marriage issues—as well as nuts-and-bolts chapters on car buying, home buying, retirement, and more.
Good Debt, Bad Debt is an entertaining and inspirational guide to improving your life so that bad debt can’t rob you of your joy. In the tradition of Rich Dad, Poor Dad , it shares the secrets that only a minority of lucky people already know.