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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Recommendations for a Foolish book Date:  5/25/2001  10:11 AM
Author:  aja91 Number:  72529 of 312123

I have a friend who just confided she is having trouble paying her credit cards. She was incredibly overwhelmed and feeling badly about how she's handled things. I shared my experience with credit card debt and my Foolish conversion. It's amazing how so many people are in debt but afraid to admit it, or even talk about it. She sounded a little relieved to know she was not alone.

I think she really needs a basic education on credit card debt management and budgeting. I guess a guide on Foolishness. I have recommended this site but she doesn't have regular access to the internet. Can you anyone recommend a basic book I could send her to help her get started?

I found Financial Peace by Dave Ramsey to be an excellent teaching tool for credit cards. He does inject a lot Biblical discussion into the book, but the methods are solid.
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