No. of Recommendations: 0
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.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.