Product Description

Product Details

• Amazon Sales Rank: #62098 in Books
• Published on: 2001-05-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 492 pages

From the Publisher
Debt has dominated the financial direction of our society over the past sixty years. Credit card offers flow into our mailboxes virtually every day. Countless families give the false impression of being wealthy while drowning in a sea of debt. In fact, nearly 80 percent of divorced couples between the ages of twenty and thirty report that financial problems were the primary cause of their marital breakdown. Many people are not even sure how they got into their financial predicament, let alone how to get out. Understanding the origin of most financial difficulties is the key to escaping the "debt cycle" for good. Debt-Free Living was designed to equip individuals with sound biblical principles and solid practical advice so they can dig out and stay out of debt. Best selling author Larry Burkett skillfully teaches these principles through the real-life experiences of several couples on the brink of financial ruin. As these couples climb out of debt, you will receive helpful advice on a wide variety of financial issues you face every day. In Debt-Free Living you receive answers to questions such as

Is it better to own or to rent?
Is borrowing a sin?
When is bankruptcy a good idea?
What types of credit should I avoid?

Debt-Free Living teaches you what God has to say about debt and assists you in achieving a life that is debt free.

About the Author
Larry Burkett is founder and president of Christian Financial Concepts, a non-profit ministry that teaches biblical principles of finance and trains others to counsel and teach, using these principles. He hosts two radio programs, heard on 1,100 radio outlets, and has written more than forty books, which include the best sellers The Coming Economic Earthquake, Debt-Free Living, Women Leaving the Workplace, and The Financial Parenting Workbook. He lives with his family in Gainesville, Georgia.

Customer Reviews

Debt Free Living Larry Burkett
Mr Burkett, gives you good advice on how not to get in Debt, and if you are in Debt how to work your way out of it,and stay out. I would strongly advice newly wedds to read, together

Great Blueprint for Digging-Out
I bought this book several years ago. It has proven so applicable, and the principles and techniques so practical and valuable, that I re-read it every six months to get myself back on course as I dig out of debt. By now my copy is highlighted, marginal-noted, and dog-eared to the max. Absolutely superb. It is so valuable, in fact, that I ordered another copy and transferred all my notes and highlights as a gift to my son to help him learn from my pain. The comment by a reviewer asking why 150,000 copies sold has a simple answer: many people found the book well worth the money. Guess I bought two of those copies! Further, several reviewers seem uncomfortable with the "Christian bias" throughout the book. Certainly, the author bases much of his financial advice (which works, by the way!) on his Christian values. But whether the reader is a Christian or not, if the values and advice make common sense, and if these values and advice lead the reader out of the pit of debt, then so what? We still have a distance to travel in the journey of getting out of debt, but my family is in infinitely far better financial shape for carefully implementing Burkett's advice. And again, I periodically review the entire book "religiously," pardon the pun!

No practical information provided
I was recommended this book by a professional credit counselor. After reading the reviews below, I knew it had a heavilly Christian bias and was prepared for that. However, it is about 90% antecdotes about couples in financial trouble. And in each instance, the couples (and reportedly the author himself) are rescued by a financial miracle after accepting responsibility for their debts and praying. As nice as it would be to rely on that, I was looking for practical advice. It tells you to make a budget, but doesn't tell HOW to make and stick to a budget. There is absolutely nothing in here about how to actually get debt-free and stay that way.

Completely ignoring the heavy religious bias (there's no effort to hide it in the descriptions of the book) I can see one "pro" in this book...the narratives about couples in trouble are a bit hokey, but they do put a mirror up to readers who can see bits of their own habits in at least one of the couples. Facing the bad habits is a starting point. Go somewhere else for practical advice. I for one do not have time to wait for God to tell someone to pay off my student loans and offer me a free place to live!