Debt: Home

Struggling with debt? Find solutions here. Conquering overwhelming debt starts with understanding your options. Solve Your Money Troubles gives you the tools you need to get your finances back on track. Learn how to: stop debt collector harassment cold negotiate down your debt with creditors reduce your student loan payments, and create a healthy financial plan that you can live with. But that's not all. Solve Your Money Troubles helps you handle the big issues, too. Find out how to: stop a wage garnishment from leaving you penniless get your car back after a repossession prevent a foreclosure by applying for a loss mitigation program respond to an action if you get sued, and decide if it's time to wipe the slate clean by filing for bankruptcy. In addition to up-to-date legal information, you'll find practical tools, such as sample creditor letters and budgeting worksheets. And, if the law changes, you won't be left out of the loop. You'll have online access to all of the latest debt, credit, and bankruptcy developments.

Certified financial coach and mom Jessi Fearon leads the way for overwhelmed readers struggling to get a handle on their finances and lays out the doable steps her family underwent to pay off all their debts--even their mortgage!--and pursue their dreams, all on a $47,000-a-year salary. Jessi Fearon vividly remembers the day she broke down, knowing that her family could not pay the bills with a second baby on the way. Like many Americans, they were overwhelmed by debt and living paycheck to paycheck, wondering if it was possible to ever get ahead, or even catch up. But on that day, something changed, and she and her husband decided to make a drastic lifestyle change that would put them back on the path toward their dreams. Their decision not only allowed her to stay home with their children, but in two years, they were able to pay off their consumer debt and, in six years, they paid off their home mortgage--all on their $47,000-a-year income. And now she shares what she's learned with others who are struggling just like she once did. Getting Good with Moneyis written for the busy, overwhelmed reader who wants to manage the money she does have while still giving her family a good life, even if she doesn't have a finance degree or a six-figure income. With been-there wisdom and step-by-step help, Jessi shows readers how to take control of their finances with practical first steps to budgeting and understanding debt; identify the four different ways people struggle with money and how each one affects the way they manage--or mismanage--their money; replace the lies they've believed about money with the five Money Truths to overcome barriers and better understand how to make their version of the American Dream a reality; and discover various money-saving apps, financial tips, and ideas for generating additional income to pay off debt more quickly. Getting Good with Money will inspire, encourage, and equip readers to achieve the real-life changes they need. More than just a "how to budget" book, this is a comprehensive roadmap to financial freedom from an average family making things work on a middle-class salary.

For the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly. As he explained in his #1 New York Times Bestseller, Principles: Life & Work, Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future. The template comes in three parts provided in three books: 1) The Archetypal Big Debt Cycle (which explains the template), 2) 3 Detailed Cases (which examines in depth the 2008 financial crisis, the 1930's Great Depression, and the 1920's inflationary depression of Germany's Weimar Republic), and 3) Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years). Whether you're an investor, a policy maker, or are simply interested, the unconventional perspective of one of the few people who navigated the crises successfully, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways.

Financial crises happen time and again in post-industrial economies--and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China--including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow. The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.

Just as we need good food for good health, so too do we need 'good finance' for social and economic wellness. In this book, Vedat Akgiray presents a timely critique of extreme financialisation, of the economics profession's flawed modelling approach and the continuing blind faith in the efficient market hypothesis.Outlining the causes of financial crises and their socioeconomic effects, Good Finance puts the issues into perspective. It offers a clear platform upon which our current concept of finance can be revised for the good of society.