Crushing Debt
Why Canadians Should Drop Everything and Pay Off Debt
Book - 2012
As the majority of Canadians are now spending much more than theymake, their debt levels are reaching crisis proportions. Excludingmortgage debt, the average Canadian owes over $25,000 in consumerdebt, which poses massive risks not only for the individualscarrying that financial load, but for our entire financial system.In Crushing Debt , bestselling author David Trahair( Enough Bull) warns Canadians that consumer debt is becomingan urgent problem but one that can be solved.
Trahair clearly outlines the evils of debt and how easy it isfor debt to spiral out of control with examples of real-lifestories of debt disasters. If you are a Canadian who is alreadystruggling with debt, Crushing Debt will motivate you toface your financial problems and will show you step-by-step themost appropriate solution to getting out of your personal debthell. Filled with proven advice, Crushing Debt is a call toaction on an urgent and debilitating problem for far too manyCanadians.
Publisher:
Toronto : John Wiley & Sons Canada, c2012.
ISBN:
9781118092200
1118092201
1118092201
Characteristics:
ix, 149 pages


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Add a CommentMore than just methods of saving money, Trahair looks at the inter-connectedness of finances. Some of it is a bit dry, but overall helpful because he lays out all your options for dealing with debt, how they work, and what they mean for you.
This book does a wonderful job of explaining the fiscal state of the leading banks and Canada in general - as well as antidotes to inspire you to take control of your own debt situation - follow this read up by using the resource materials available from the "Til Debt Do Us Part" Lady Gail Vqaz-Oxlade at http://www.gailvazoxlade.com/resources.html