I'm in Debt, Over 40, With No Retirement Savings. Help!: How to Get Out of Debt and Start Saving for Retirement Now

By John L. White

How would you like to be debt free? Do you wish you had some money set aside for retirement? Instead of just wishing about it, you can make it happen. At the age of 40, John White was in debt - credit... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0974068748
• ISBN13: 9780974068749
• Release Date: August 2003
• Publisher: Everlove & Bohannon Pub
• Length: 138 Pages
• Weight: 0.50 lbs.
• Dimensions: 8.5" x 0.5" x 5.8"

Customer Reviews

Great, Real Life Advice

I ordered this book for my Mother (she's doesn't have much saved for retirement). If she doesn't make some changes, and start saving money, all she's going to have is Social Security..I don't want to see that happen to her. Before I gave it to her I figured I would browse through it myself and I'm glad I did because it made me realize that pretty soon, I'll be in her shoes if I don't make some changes about my spending habits. Almost every payday, I go out shopping to buy something new for myself. My sister and I were raised to shop. My Mom used to take us shopping almost every Saturday when we grew up. After reading this book, it made me think twice about that. A lot of the clothes I bought are just hanging in my closet, and I've maybe worn them once or twice. Instead of spending so much money on Junk? as the author refers to it, I decided to put it in a savings plan at work. The chapter on buying used was good, it made a lot of sense to me. I was raised with the idea you should only buy new. Kind of like if you didn't buy new, you weren't treating yourself right or that only poor people shop for used things. In the future, I'm going to shop for used things first. I think my Mom will like it because it makes you realize it's never too late to start saving. I'm going to tell her to give it to my sister after she's done with it.

Really Hit Home

This book really resonated with me, both cognitively and affectively. The information was good, but mainly the author's writing style and anecdotes made for rich, compelling reading. I felt like the author was writing about me and speaking to me. I could definitely relate to the chapter called "Are You a Slave to Your Possessions?" I realized that we (my wife & kids and I) have spent so much money on things (the author calls it Junk) that we didn't need and never used. On top of that, the stuff becomes a pain because you have to clean it, store it, move it, yada, yada, yada. For the first time, it really registered with me that if we curtail our impulse buying it will keep us from wasting so much money on things that just wind up in the garage for a few years, then ultimately end up being thrown out or donated to Goodwill. Another chapter that hit home was "Retirement, Will You Get There?". Now that I'm no longer a kid (and sold my motorcycle), I realize that I'll probably live to see 65. If I don't make some changes, the only thing I'll have to live on is Social Security (I don't have a company pension). Reading that chapter changed my life -- I have to get serious about saving today, I can't wait any longer. Great Book!

Written by a real life survivor who climbed out of debt

Written by a real life survivor who climbed out of debt to credit card companies to re-establish positive net worth, John L. White's I'm In Debt, Over 40, With No Retirement Savings. Help! is a very practical survival guide to improving an otherwise bleak financial situation. From breaking bad spending habits; to keeping expensive teenagers in check; to saving money on the family car; to buying an affordable mortgage; developing a mind set conducive to savings; and so much more, I'm In Debt, Over 40, With No Retirement Savings. Help! is an easy-to-understand, "must-read", for anyone approaching middle age or older who finds themselves ill prepared for a financially comfortable retirement.

Inspiring and Enlightening

The moment I started reading this book I could not put it down! It was a very easy and entertaining read. What I found inspiring and enlightening was the personal desire to improve ones financial well-being, and the lessons that were learned when it was realized. Initially spending habits remained pretty much the same, except with one troubling exception. Instead of running out of pocket cash and with it the ability to buy anything, now your improved financial income earned you the privilege to buy with credit and your buying power was only limited by the card's credit limit! The more you bought on credit and paid each month, the more your credit limit increased, along with your credit rating, which attracted other credit card institutions to give you their pre-approved credit card which added to your overall credit limit. Can you see where this is going?But this book has a happy ending. The book begins to take you through the simple and everyday things that you either ignore or take for granted. Just by applying a few easy money saving and earning techniques, you can accumulate a significant amount of money over time. We're not talking about a get rich quick scheme, rather a disciplined approach to spending with tips that can save you hundreds to thousands of dollars when you have to part with your hard earned dollars.This book speaks in simple and clear terms. No dictionary or financial consultants are needed to understand and use its straightfoward tips. Buy this book today and it will pay for itself on your next trip to the grocery store!

If I knew this at 20 I'd be retired now at 49.

I've never finished a novel but have always been interested in finance and technical articles. When I purchased this book to read I never thought I would finish it but bam I'm done! This book was so easy to read and follow and just full of common sense tips about how to keep your butt out of debt. Whew! Get this book for you and your kids! It's never too late to start living right and being able to sleep at night knowing that what you have is yours and nobody can take it away from you. Now that's what I call the American DREAM! This would make a great Christmas stocking stuffer that they will keep their pockets full of Christmas cheer the whole year through!