Debt Free For Life: The Finish Rich Plan for Financial Freedom

By David Bach

The #1 bestselling author presents his most important book since The Automatic Millionaire and gives Canadians the knowledge, the tools, and the mindset to get out of debt — forever.

Whether you are working off student loans or trying to meet the minimum balance on your credit card bill, you are probably worried every time you open your mailbox. With salaries frozen and layoffs looming, how will you ever be able to pay down that debt, let alone retire in peace?

Here, David Bach offers a new philosophy made for our times, a paradigm-shifting approach to finance that teaches you how to pay down your debt and adopt a whole new way of living. If you have debt, you can be rich but still not free. When you pay down your debt, you reach Freedom Day, that glorious moment when you need a lot less money just to live. On that day, you are truly free. You can have a smaller nest egg and still retire, perhaps even earlier than you expected.

With his trademark motivational energy and take-action step by step advice, Bach helps you revolutionize your finances. In these lean times, it's still possible to live your financial dreams. Let David Bach show you how.

• Language: English
• Publisher: Random House Publishing Group
• Release date: Jan 28, 2011
• ISBN: 9780385676069

David Bach

David Bach is one of the most trusted financial experts and bestselling financial authors of our time. He has written ten consecutive New York Times bestsellers with over seven million copies in print, including two #1 New York Times bestsellers The Automatic Millionaire and Start Late Finish Rich. In addition to his books, David has impacted millions of people over the past two decades through his seminars, speeches, newsletters, and thousands of media appearances. He is also the cofounder of AE Wealth Management, regarded as one of America’s fastest-growing financial planning firms, and the founder of FinishRich Media, a website dedicated to revolutionizing the way people learn about money. Learn more at DavidBach.com.

Reviews for Debt Free For Life

[alicemarie_1 · Rating: 4 out of 5 stars]

David Bach walks you through easy ways to pay down your debt so you won't have that worry hanging over. He points out ways people have fallen into the trap "I need this!", when actually we don't. He shows how belt tightening can actually lead to wonderful new experiences that are free. Also, how forgoing a habit, Starbucks, can save you more than $100 a month that you can use to pay down a bill. He explains how paying just $25 extra dollars a month on your car can cut months off the length of your car loan and so on and so on. An excellent book for those people who are serious about getting out of debt.

[flying_monkeys_1 · Rating: 2 out of 5 stars]

Rating: 2.5 of 5There's *not* a lot of new information if you've read any other financial expert's books, especially David Bach's. But there were a few tips that I didn't know about, such as the ability to request a lower interest rate on your credit card from the issuer. And the brief overview of how much faster one's mortgage can be paid off was helpful as well. Those two points though left me needing a bit more analysis and explanation, which I sought online.I did sign up and try out the Debt Wise system that Bach advertised throughout the book. It would probably be most helpful for those individuals who do not maintain "clean" books in financial software already. I'm a bookkeeper by day so much of the information presented in this book was common knowledge. I cancelled after the free trial period.