Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life

Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life by Hanson, Jon. paperback edition. ISBN: 9781591841463.

Debt is just like cholesterol. Too much of the wrong kind can kill you. But too little of the right kind can be a problem too. Just as not all kinds of fat are equally bad for your health, not all kinds of debt are equally bad for your wealth. Jon Hanson learned about debt the hard way, barely surviving his own "near-debt experience." Now he can help you avoid the same fate. Good Debt, Bad Debt doesn’t offer quick-fix solutions. This isn’t optimistic taffy to soothe your ego. It’s about embracing the reality of where you are financially and working to improve your position. Hanson explains that "debt takes more than your money. It takes your freedom, time, peace of mind, and opportunities. Debt makes cowards of us all." Good Debt, Bad Debt concentrates on what you can do using your present income. It blends personal stories, research, history, and humor to build the argument for living life with a plan, instead of allowing yourself to be controlled by your emotions and impulse spending. With a new chapter on debt warfare, Jon Hanson will bring you out of the financial trenches and show you how to wage war against the most difficult personal economic pitfalls.