Product Description

From the Author: I know what it s like to have excessive credit card debt. In fact, I know the stresses of having $100,000 in debt. That s the main reason I wrote Zero Debt -- to give people in debt a message of hope: You can conquer your debt! And in many cases, you can do it much faster than you think. If you re drowning in debt, I urge you to pick up a copy of Zero Debt to learn how to quickly eliminate that debt and get on the road to financial freedom. Don t delay: start dumping your debt today! Book Description: Would you like to be free from financial worries, rest at night knowing your bills are paid, and have peace of mind when it comes to money matters? Then you need Zero Debt. In Zero Debt, you ll discover: * How to get annoying creditors off your back * Insider secrets to reduce interest rates or eliminate credit card late fees * Your legal rights and what bill collectors can and can not do under the law * The best strategies to clean up your credit report or fix errors in your credit file * How to make lifestyle changes that will save you money for decades to come! If you want to be debt-free and achieve financial freedom, you need an action plan to guide you. This book is your step-by-step plan. It s simple. It s easy to understand. And it works.

Product Details

• Amazon Sales Rank: #456587 in Books
• Published on: 2004-08-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 204 pages

Review
"This is a great book!" Tavis Smiley, The Tavis Smiley Show (PBS and NPR) -- Tavis Smiley Show

If you ve got credit card debt, you need to get this book and read it. There are some great ideas in there. --Dr. Phil, discussing Zero Debt: The Ultimate Guide to Financial Freedom on his show

Want to live debt free? You can with the help of Zero Debt: The Ultimate Guide to Financial Freedom. Here at last is a viable action plan for debt-free living that is both easy to understand and easy to put into action. --Black Enterprise Magazine

From the Author
I know what it's like to have excessive credit card debt. In fact, I know the stresses of having $100,000 in debt. That's the main reason I wrote Zero Debt -- to give people in debt a message of hope: You can conquer your debt! And in many cases, you can do it much faster than you think. If you're drowning in debt, I urge you to pick up a copy of Zero Debt to learn how to quickly eliminate that debt and get on the road to financial freedom.Don't delay ... start dumping your debt today!

About the Author
Lynnette Khalfani, The Money Coach, is a personal finance expert and the author of The Money Coach s Guide to Your First Million (McGraw Hill), Investing Success: How To Conquer 30 Costly Mistakes & Multiply Your Wealth! and the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. Her latest book, Zero Debt for College Grads: From Student Loans to Financial Freedom, debuts May 2007 from Kaplan Publishing. As an award-winning financial news journalist, Lynnette worked for nearly a decade as a Dow Jones Newswires reporter and a Wall Street Journal reporter for CNBC. At CNBC, Lynnette filed weekly television segments on personal finances, investing and small business, and conducted online chat sessions on CNBC.com. Lynnette has interviewed thousands of financial experts, and personally paid off more than $100,000 in credit card debt and nearly $40,000 in student loans before becoming a self-made millionaire. Now she shares the secrets to wealth with audiences nationwide, using insights based not just on her professional knowledge, but also on first-hand experience. A popular keynote speaker, Lynnette also conducts workshops about credit and debt, money management, real estate, investing and entrepreneurship. Lynnette is a frequent guest on national TV and radio programs, and has been featured in The New York Times, USA Today, Redbook, Essence, and on Oprah, Dr. Phil, The Tyra Banks Show, The Rachael Ray Show, Tavis Smiley, as well as the Emmy award-winning reality program Starting Over. Lynnette is also presently a Money Coach for AOL, where she dispenses her unique brand of personal finance wisdom. To learn about Lynnette s Financial Boot Camp, or to sign up for her free personal finance newsletter, please visit Lynnette s website at http://www.TheMoneyCoach.net.

Customer Reviews

Bling, Bling and Broke No More - Hooray for Zero Debt!
After taking Lynnette khalfani's Zero Debt workshop at the Learning Annex I was convinced that even I could turn my financial life around. During her workshop, she guided us through a number of techniques to help improve our credit ratings, handle existing creditors, and learned what to say to aggressive bill collectors. The room was packed while she spoke for nearly 3 hours! Honestly, we would have stayed for six hours because the author is a wealth of knowledge.

I would recommend her book (used extensively during the workshop) to anyone deep in over their heads in debt and especially for young college students...the fastest growing segment filing for bankruptcy (we learned during the workshop).

Zero Debt is written as a 30 day action plan. However, it won't take you 30 days to read this gem. The information is delivered clearly and in a reader friendly format that anyone can understand.

D-E-B-T, an ugly word
This is a 30-day guide to financial freedom. Many may not need to follow the guide verbatim because some things may not apply. The tips start with evaluating your financial situation. Khalfani suggests writing it down, because once you see, in writing, how much debt you have then you can start your blueprint to becoming debt free. Visualize what's causing the undo stress in your money worrying woes. The next and most important step is to determine "how" you're going to get rid of the debt. This is where the pitfall begins. Most think, "If I don't have money to pay the debt, where am I going to get extra money to pay more on the debt?" The answer: Simplify your life. What does that mean? Get rid of those things you think you need (i.e. cellular phones, expensive cars, weekly hairdos, cable TV, etc.). Once you've completed the first two steps, the rest is easy. The first step is always the hardest.



Zero Debt explains financial jargon like: FICO, IRA, adjusted rate, 401(k), etc. before information on the subject is presented. Regardless of your level of debt, you'll find some useful tips in this easy-to-read book. In short, here are some of the basics to experiencing Zero Debt and financial freedom. Evaluate debt. Stop creditors. Talk to your creditors and let them know what's happening. Get rid of the unnecessary; stick with the necessary. Pay more on debt. Check your credit yearly. Check your FICO scores. Write letters disputing discrepancies on your credit report. Don't write the credit reporting agencies; write the creditors directly. Start a budget and stick to it. Consistency. Start a savings plan by making small deposits, and gradually increase them as your debt decreases.



I like Khalfani's approach to becoming debt-free. Most of what she wrote, I've already heard; however, hearing it again didn't hurt. Sure this book is not going to solve your money problem; only you can. But you have to make a concerted effort to stick to the program. The only suggestion, from the author, I don't recommend is going into a debt-consolidation program. Why pay someone to do what you can do yourself with a simple phone call? Think about it. What makes a stranger asking to reduce your interest rate more credible than you, the customer, calling to ask the same question? Not to mention, sometimes those services damage your credit rating. Hmm, something to ponder.

Reviewed by Esther "Ess" Mays for Loose Leaves Book Review

Dig Out
You might say Lynnette Khalfani is perfectly qualified to tell people how to get out of debt. She's been onstage with Dr. Phil and Jane Pauley and numerous others talking to people about spending wisely and managing their debt. However, what makes her the perfect candidate is that she was over $100,000 in credit card debt herself and dug herself out of it in only three years. While that fact is very impressive, the valuable step-by-step instructions on how to get out of a financial rut is what makes ZERO DEBT a book you'll really want to have.

Khalfani provides her readers with an easy to follow plan to get out of debt. She starts the lessons by defining debt and how most people find themselves caught up in it. Whatever the reason for the debt, it seems Lynnette Khalfani has a plan for it. From simple requests like opting out of credit card offers to more complex tasks like gathering all your bills and finding out what you owe, ZERO DEBT is well-balanced and simple.

ZERO DEBT is written in an easily followed conversational tone, a helpful trait when talking about finances to those who are already stressed when they pick up the book. Lynnette Khalfani breaks it down for the rest of us and I, for one, am grateful she did. I'll be following her steps to get myself on track financially and plan for the bright future ahead. (RAW Rating: 4.5)

Reviewed by CandaceK
of The RAWSISTAZ™ Reviewers