Kevin Trudeau Debt Cures Book Reviews of Chapter Twenty

March 16th, 2008 | by admin |

Throughout the book Debt Cures, Kevin Trudeau has taught that you want to get out of bad debt in order to begin creating wealth for you and your family. In chapter 20 he begins to explain how you can begin achieving wealth. Trudeau says that being rich means you have money, but being wealthy means you have time. Debt Cures talks now about how you don’t have to only be rich, but you can also be wealthy and have the time to do the things you want to do.

Most of us have been in debt at one time or another. The average American is anywhere between eight and eleven thousand dollars in debt. It is hard to achieve wealth when you are that much in debt. However, Trudeau says that if you follow his tips and techniques outlined throughout Debt Cures you can eliminate bad debt and begin using good debt to build wealth. Again Trudeau states that the debt problems many of us are experiencing are more the result of aggressive tactics by the lenders rather than poor spending habits on our part. We are unable to cut any more fat because we have already cut the fat out of our budgets.

Trudeau says to get rid of bad debt you need to be taking care of business. Get your credit report, review the credit report thoroughly, and correct errors and false information. 90% of credit reports have errors, get them corrected and begin saving money. Also try to pay on time, never skip a payment, and make the minimum payment or more each month. Once you have good credit you want to keep it that way.

When you have taken back you financial life, make sure you let you friends know about. Let them know about what you have learned in Debt Cures. Trudeau says don’t keep your success to yourself. Share the tips with your family and friends.

Debt elimination is possible, it may look helpless when you take a look at that stack of your bills, but as you start seeing your debt go down you confidence will increase. Take a stand and get the debt collectors off you back, use the tools that Trudeau has provided throughout the book. Create and use a balance sheet and income statement. Show them to your lenders and try to get some or all of a debt wiped away.

Debt Cures presents a two way street. The first phase is controlling your debt and the second phase is moving forward. The forward path involves creating wealth in order to live the lifestyle you want. The hardest part is getting the debt under control, once that happens you move on to the fun part. Trudeau talks about grant money that is available. And the best part of grant money is that it doesn’t have to be repaid. Trudeau says your bad credit can be replaced by good credit, where you can get a credit line of up to one million dollars. Trudeau says the Debt Cures methods are the ticket to a future of wealth, of stability, and of self-reliance. Look forward to your future with great confidence.


Related Posts
  • Debt Cures by Kevin Trudeau – Book Reviews of Chapter Eighteen
  • Kevin Trudeau Debt Cures Book Reviews – Chapters Eleven and Twelve
  • Kevin Trudeau Debt Cures Book Reviews of Chapter Sixteen
  • Kevin Trudeau Debt Cures Book Reviews of Chapter Fifteen
  • Kevin Trudeau Debt Cures Book Reviews – Chapters Thirteen and Fourteen


    1. 5 Responses to “Kevin Trudeau Debt Cures Book Reviews of Chapter Twenty”

    2. By claudio on Mar 20, 2008 | Reply

      im just wondering if this book is good for people in toronto,canada too?

    3. By Carol Angelo on Jul 7, 2008 | Reply

      My debt is on a business credit card for a small retail shop. Is there a difference between person and business cc debt or does this same process apply to both?

    4. By James Miller on Sep 19, 2008 | Reply

      If credit cards are the greatest source of bad debt, auto loans are a close second. You are upside down on the loan the second you drive off the dealership’s lot and it’s downhill from there. Too many people shrug off a car payment as a necessary evil.

    5. By Elisa Lopes on Aug 30, 2009 | Reply

      My son had to leave his job, the company ran out of work. He stoped making his car payments for 5 months when he tried to reinstate payments the finace company said no we want the car back. The car cost 30,000.00 and he owes 8,000.00 so he prefers to continue paying for the car, according to his contract if he returns the car the finance company will sell it at an auction and my son will have to pay the remaing debt. Does he have any rights. Please give us advice.

    6. By Pre Paid Debit Cards on Nov 16, 2009 | Reply

      You made some good points there. I did a search on the topic and found most people agree with what you said.

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