The Road to Wealth
A Comprehensive Guide to Your Money
Chapter One
Taking Control of Your Money
If you are not in debt of some kind, you're
unusual. For most Americans today, debt is a
part of daily life. Using a credit card, borrowing
for college, applying for a mortgage to
buy a house—taking on debts such as these may
well be the first experience many of us have with
a financial institution. All the more reason to understand
and master the do's and don'ts of debt.
Until you know how to manage debt, it's almost
impossible to save, invest, or build an intimate financial
relationship with a life partner based on
anything resembling a strong foundation. Until
your debt is in control and part of your life plan,
you will not achieve financial freedom.
For many of us, credit card debt is a special
trouble spot. To put it bluntly, credit card companies
are in the business of separating us from
our money. They tempt us with monthly offers of
"preapproved" cards and, once we've accepted
their offers and ac ... read full excerpt from The Road to Wealth ebook
