In the true holiday spirit all week long DINKS is giving away one book each day from Monday to Thursday. We have some great books lined up from David Bach as well as a Financial Thriller by author HT Narea as well as a step by step guide on how to Grow your Business by two financial professionals. So keep reading DINKS Finance all week and Follow us on Twitter @dinks_finance for your chance to win copies of these great books.
Today we are once again giving away a copy of Debt Free for Life by David Bach. This is a great book that helps us (as consumers) become debt free by following a personalized step by step debt plan. I like this book because it helps consumers understand why they got into debt and how important it is to get out of debt. The mentality of becoming debt free is uplifting because the mental burden of having debt can be overwhelming.
David Bach’s Debt Free for Life helps us prioritize our debts to concentrate on paying off the most inefficient and costly debts first. David Bach has partnered with DebtWise.com to help us track our path to financial freedom as we pay off our debts. Chapters in Debt Free for Life by David Bach include “The Debt Free for Life Mindset” and “If You’re In a Hole, Stop Digging”.
My personal experience with debt is that it’s very easy to quickly accumulate, but it is very difficult to pay off slowly. David Bach tries to help consumers see the light at the end of the debt tunnel. When we are trying to pay off our debts there are several things that we can do to accelerate the process such as try to negotiate our credit card interest rate as well as set up regular automatic payments. Our monthly interest charges are calculated on our average daily balance, if we make weekly or biweekly payments instead of one monthly payment our average daily balance will be lower, and therefore we will be charged less interest at the end of every month. Debt Free for Life by David Bach will help you say Good Bye to Debt and Hello to Financial Freedom!
Now that you know the importance of paying down your debt as well as the financial, emotional, and mental burdens of being overwhelmed with debt, it’s time for our First Book Giveaway in the DINKS Days of Book Giveaways Contest.
You can enter two ways to win a copy of Debt Free for Life by David Bach:
- Leave a comment on this blog and tell us what Financial Freedom means to you. Is it being able to take a vacation every month if you wanted to, or it is watching your bank accounts grow with savings? Tell us the definition of your own Personal Financial Freedom.
- Send a Tweet that tells your readers to follow @Dinks_Finance and @AuthorDavidBach on Twitter. Use #TeamDINKS in your Tweet to register your entry.
We are giving away books all week and the winners of all 4 books will be announced next Friday, so be sure to enter as soon as possible. Winners will have 30 days to contact DINKS Finance and claim their prize. Otherwise DINKS will give away your prize to another lucky reader.
Winner must reside in the U.S. or Canada
Photo by Barnes&Noble