“Mihalik has done what he teaches, and he wrote the book to help others avoid the mistakes he made. He’s successfully gotten into, and out of, a lot of debt. It’s this first-hand experience that makes his words carry more weight that the words of, say, myself, who’s never had any unsecured debt.”

I agree. Nobody knows better than the one who has had gone in and out of debt.

Yolanda
http://www.findmypaydayloan.com

They were right. I told them so.

“What qualifies you to give other people advice?” they’d then ask. “Why would I take advice from you when you’ve done a poor job of managing your money?”

“Because,” I’d say, “because I’ve made some of the worst financial choices of anyone you know. That’s why. What does a person who has never been in debt know about getting out of debt? What does a person who has never lived paycheck-to-paycheck know about living paycheck-to-paycheck? I’m writing for people like me, real people who have made mistakes and want to get back on track. I’ve done it. So can they.”

My friends then simply nod their heads and say, “Oh.” Then it makes sense to them.

I find it very difficult to give credence to the financial advice of somebody who was born into wealth and has never had to worry about money.

I want to read this book. Thanks for pointing it out.