Are you tired of debt? Yes? I am too. So when I was given the opportunity to review Jordan E. Goodman’s new book Master Your Debt: Slash Your Monthly Payments and Become Debt-Free, I took it.
Master Your Debt covers a lot of ground in 200 pages. From how the economy got so bad to a checklist of what you need to be doing at every age to stay on top of your finances, this book has a chapter for all your financial needs. The list of chapters is:
Master Your Debt was an easy and informative read. As I mentioned above, the chapter on using a HELOC to pay off your mortgage more quickly was really interesting. I’m not sure it’s right for me, but the system finally made sense to me.
There’s a lot of sound advice in this book, and if you don’t know a lot about personal finance, you’ll come away with a good education. And there is a lot of information that is particularly relevant to today’s economic times.
I didn’t necessarily agree with the author on every point. For instance, Goodman advocates the use of credit cards with rewards, while I think most people in debt shouldn’t be using credit cards at all. And Goodman also likes HELOCs, whereas I’m not a fan of them.
Despite my differences of opinion with the author on some issues, Master Your Debt is an informative book that is relevant to the times we live in. If you can find it at the library, give it a read.
Disclosure: A copy of Master Your Debt was provided to me for the purpose of review. Affiliate links.
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I'm just an average mom, trying to live a frugal life and get out of debt. I write about things that have (and haven't) worked to improve my family's financial situation. What works for me may or may not work for you, and you should always consult a financial advisor before making important financial decisions.
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