HOW TO PAY OFF DEBT SO YOU CAN TRAVEL THE WORLD
Book Details
Author(s)M.H. Reese
ISBN / ASINB00UNXMGCE
ISBN-13978B00UNXMGC2
Sales Rank1,915,606
MarketplaceUnited States 🇺🇸
Description
When I left law school, the reality of the choice I'd made hit me like a brick in the face. I had over $230,000 in non-dischargeable loans and not even a meager paying job to begin paying them off with. I was a cripple standing at the bottom of the Grand Canyon staring straight up and wondering how long, or more appropriately, how, I was going to get out.
At this point, I am sure the reader, my family, friends, etc. are wondering, "I don't get it, I didn't go to law school so how is this be relevant to me?" Oh, but it is my dear friend, how it is. You see, the source of my debt is irrelevant; it could come from credit cards, a mortgage, an investment deal gone wrong, a fancy car, a loan for a start-up business. Anything. The bottom line is still the same - a mountain of debt with no viable exit plan. A situation where the lifestyle you desire has now slipped through your hands like sand and all you are left with are massive amounts of debt and regret over a bad investment decision.
Wherever your debt comes from, the feelings are the same. Feelings of weakness and an utter lack of control fill your veins like a poison. You frequently worry. You have massive stress headaches. You put off engagements, such as those that can lead to a fulfilling and more meaningful social and love life, simply because your wallet is empty. Even worse, you end up spending eight/nine/ten hours a day, five days a week at some job that you loathe more than anything on the planet (assuming you're even lucky enough to have a job in this economy). In short, your life is miserable. The door is shut - there is no way out. Maybe you even cry once or twice over the hopelessness of it all.
The more unfortunate thing is that quite a few Americans are in this exact same position. Maybe the majority of people do not have a whopping $230,000 in non-dischargeable debt, but they are not that far off. I remember recently reading that the average American was in the order of approximately $20,000 in debt (not including mortgages). And I have a feeling that this number also did not include school loans. This to me is mind-boggling. How could we let this happen? And so quickly too.
But regardless of why we are in debt, what I hope to accomplish with this book is to offer not only a peace of mind to those trying to scale that mountain of debt, but a practical way to accomplish this feat. I have been to Hell and back, and quite frankly, no-one should have to take this trip. I believe that it is my ethical/moral obligation to help those who have fallen into the same trap I did.
At this point, I am sure the reader, my family, friends, etc. are wondering, "I don't get it, I didn't go to law school so how is this be relevant to me?" Oh, but it is my dear friend, how it is. You see, the source of my debt is irrelevant; it could come from credit cards, a mortgage, an investment deal gone wrong, a fancy car, a loan for a start-up business. Anything. The bottom line is still the same - a mountain of debt with no viable exit plan. A situation where the lifestyle you desire has now slipped through your hands like sand and all you are left with are massive amounts of debt and regret over a bad investment decision.
Wherever your debt comes from, the feelings are the same. Feelings of weakness and an utter lack of control fill your veins like a poison. You frequently worry. You have massive stress headaches. You put off engagements, such as those that can lead to a fulfilling and more meaningful social and love life, simply because your wallet is empty. Even worse, you end up spending eight/nine/ten hours a day, five days a week at some job that you loathe more than anything on the planet (assuming you're even lucky enough to have a job in this economy). In short, your life is miserable. The door is shut - there is no way out. Maybe you even cry once or twice over the hopelessness of it all.
The more unfortunate thing is that quite a few Americans are in this exact same position. Maybe the majority of people do not have a whopping $230,000 in non-dischargeable debt, but they are not that far off. I remember recently reading that the average American was in the order of approximately $20,000 in debt (not including mortgages). And I have a feeling that this number also did not include school loans. This to me is mind-boggling. How could we let this happen? And so quickly too.
But regardless of why we are in debt, what I hope to accomplish with this book is to offer not only a peace of mind to those trying to scale that mountain of debt, but a practical way to accomplish this feat. I have been to Hell and back, and quite frankly, no-one should have to take this trip. I believe that it is my ethical/moral obligation to help those who have fallen into the same trap I did.
