The Debt Diet

Angela Watkins Thomas asked:




Ellie Kay is knows as America’s Family Financial Expert I am sharing a Book Review I did in 2005 of “The Debt Diet.

Who would have thought way back when the author and her husband were struggling to pay down their $40K-debt that one day, their “problem” would be turned around to help save the lives of one million strangers in a far away land.

Ellie Kay is a bestselling award winning author, national radio commentator, and regular media guest as well as gifted speaker. She is a graduate of Colorado Christian University with a degree in the management of human resources.

The author is the founder of Shop, Save and Share Seminars, and speaks to live audiences of 6,000 people or more. She is also a frequent consultant and spokesperson for corporations and organizations.

Whether you need to lose a few pounds of debt, or a truckload, the good news is that you can read this book.

See what money attitudes you can discover from the famous people in the following money/wealth quotes:

Said of money: “I don’t necessarily like it, but it quiets my nerves.” __ Joe Lewis

When asked, “How much is enough money?” the billionaire didn’t hesitate and replied, “Always just al little more.” __ J. Paul Getty

Happiness is not based on money, and the best proof is our family. __ Christian Onasis

I’d like to live as a poor man with lots of money. __ Pablo Picasso

A wealthy man is one who earns $100 more a year than his wife’s sister’s husband. __ H. L. Mencken

If all my debts were paid today, would I be happy?

You could create millionare kids with as little as $3K a year invested for five years.

The Fiscally Fit Millionare’s chart shows what investing $3,000 a year will do based on 10% interest compounded monthly.

The author has helped families learn to cut their food budgets in half.

But as odd as it sounds, conflicts over money are not always about money, according to Jack Otter, with Smart Money Magazine.

Many large churches offer financial counseling for free or on a sliding scale based upon your income and situation.

Seek to understand before being understood: This is taken straight out of Stephen Covey’s book “The Seven Habits of Highly Effective People.” There’s a reason why Covey sold a gazillion copies of this book. In the emotionally arena of money and matrimony, it’s important to agree that you will try to understand what your spouse is saying before seeking to be understood.

This book shares about health insurance sites as well.

Scholarships: Millions of dollars of scholarship money goes unclaimed every year. This is free-lunch money that parents or prospective students who are willing to do some detective work may find more quickly than they think.

Surf your way to College Savings nifty Internet tools that can get you started on your adventure of saving for college.

Remember to stop by the food pantry or help someone in need with all the free stuff we earned from our savvy saving strategies.

Lois
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