How to Be Debt Free and Own Your Own Paycheck Again

Being debt free is something you can aspire to but few achieve. If anything, many people seem to slide further and further into debt despite their best intentions.

“How to Own Your Own Paycheck Again,” written by Leo J Quinn, Jr, isn’t just right for someone who is currently struggling with debt. It offers information for anyone seeking education on how to avoid some of the many pitfalls that put so many people in debt. He also provides lots of tips on how to negotiate smarter deals so you can get credit when you need it on the best possible terms.

Furthermore, the information provided in this eBook often goes against conventional wisdom. However, the fact that 96% of the population does not achieve financial independence is an indication that the conventional wisdom may be faulty and that a new approach is needed, which is certainly what this author provides.

Back up your advice with practical examples of how and why your advice works. The steps and outlines are reassuringly simple. Furthermore, under the conditions outlined in this eBook, it shows you not only how to get out of debt, but also how long it will take to do so.

This is vitally important as for many who find themselves deeply in debt, there often seems to be no window of hope. Additionally, many do not have a structured way to get out of debt and often unknowingly exacerbate their situation. Unfortunately, for anyone who finds themselves heavily in debt, as the author points out, there is no instant fix.

However, anyone with a disciplined approach who follows the debt elimination plan outlined in this eBook, barring no other drastic circumstances, should soon see a dramatic improvement in their financial situation. And this improvement is a major factor in helping people keep up with their new money management strategies. The author even provides advice on dealing with financial setbacks that are a factor of life and can easily derail someone already experiencing financial difficulties.

One of the specific topics covered in this book is that of mortgages. He clearly explains how damaging a mortgage is, and with the current mortgage meltdown, what can happen when mortgages go pear-shaped is a harsh reality for thousands of people. The author provides an alternate way to purchase his first home. It is advice that may come too late for many readers, but it is certainly advice that can be shared and applied to help children buy their first home without having to carry debt for the rest of their lives. This eBook also provides other practical tips on how you can get the best mortgage terms and pay off your mortgage in record time.

Other topics covered include credit and debit cards, buying a car, buying appliances, and student loans. In each case, the author demonstrates what we are often encouraged to do, how this often turns into financial despair, and better options for getting what you need by minimizing your debt, and in some cases going out of debt at all.

The author encourages people to be proactive about their finances and if readers would simply follow this advice, it would certainly make a world of difference in their financial situation. As with many things, increased awareness of a situation empowers you to take action to create positive change, but many people live in a financial haze where they don’t have a clear picture of how and where their money is being spent.

And one area where people can be more proactive is finding out your credit score. When applying for a loan, looking to rent a home, or even applying for a job, your credit score may be considered, and if it is inaccurate, as is often the case, your credit score may be negatively affected.

However, many people do not review their Credit Report. This ebook shows you how to get a free credit report, how to interpret it, and how to improve your credit score. It even provides a sample letter to dispute errors on your credit report.

For those whose expenses exceed their income, the author provides an easy way to cut costs to balance your budget. It also provides several tips for spending less. Some of the recommendations for reducing your spending are a bit extreme, but they force you to be realistic and see where you may be spending money unnecessarily.

This eBook is a simple yet highly effective guide that can definitely help readers become debt free and own their paycheck again, provided they take a disciplined approach to their finances and follow the great advice provided.