Debt-Free by 30: Practical Advice for the Young, Broke,… (2024)

Jenny Thompson

1,256 reviews38 followers

August 6, 2019

This book would benefit from a refresh. As it was published in 2001, the tax information is hopelessly out of date, and the authors spend a bit too much time chastising readers for buying so many CDs. The general concepts are still sound, of course. Watch what you spend, get out of debt, and invest. This book may be the earliest example of a personal finance book for young professionals who are having trouble - as we say now - "adulting."

I doubt I'll be totally debt-free by 30, but the authors have given me the bold and ambitious goal to at least try, which is exciting in and of itself.

    finance nonfiction

Josh Hovance

30 reviews1 follower

April 20, 2020

Little outdated (2003 published) however still has great financial overarching concepts to learn about. Good refresher and super easy to read. Funny to read all of the 90s references too (Written by two guys who i think wish were born into a Friends episode)

Laura

345 reviews

May 14, 2011

There aren't many new ideas in here. Also, it's pretty outdated at this point; they referred to the "new trend" of online banking and wrote about buying CDs as opposed to downloading songs. Also, I was surprised to read a rather lengthy discussion about credit card "surfing" to take advantage of low introductory rates (thereby hopefully paying your debt down faster), without any regard to how it would affect your credit score.

Mallory

33 reviews14 followers

June 15, 2016

Actually a really practical book from two guys who "get it." However, it was published in 2001, so take the numbers and references with a grain of salt. It actually provided some humor when they mentioned "video late fees," and how online banking was such a new concept! I wish they would write a new guide, incorporating apps, and other current financial trends. Overall, I'm glad I read this, and it did provide some helpful tips, but remember it's a little outdated!

julie

12 reviews3 followers

July 9, 2007

a great self-help book for people who hate self-help books. good, practical advice about keeping yourself accountable to how you spend your money. and it totally validates excessive debt from student loans!! the concept of being debt free by 30 is laughable for my situation, but i still got a lot out of it.

    helpy

Wynn

37 reviews

August 10, 2010

It would have helped, if I'd graduated a decade ago. But not a mere couple of months ago. Things are different now and few people have the "whopping" $30,000 of debt from school alone that these two guys had together ...

Sibylle

27 reviews1 follower

July 6, 2012

I didn't find this book helpful. There are some common sense approaches that are described. And the authors clearly just focused on student loan and credit card debt.

Hey, if you're in debt, don't also buy a ton of new stuff. Who would have thought? Don't waste your money.

    money-management

Karen

664 reviews10 followers

November 4, 2015

I didnt even read it really. Just skimmed every page. I think it would be a good book for someone going off to college perhaps. It is nothing new at all though, in fact the suggestions are really for people who dont know how to manage money AT ALL.

    didn-t-finish

Amy

428 reviews2 followers

October 13, 2015

So I'm closer to 50 then 30, but it's always helpful to get ideas on money management. Before I finished this one, I could already see passing it on to my newly employed kid. Hopefully she can be smarter about money then I ever was.

Andi

388 reviews18 followers

June 28, 2016

A little outdated, but many tips are still helpful. A good book to skim when trying to get more tips in saving money and paying off debt. There are similar tips elsewhere on the Internet, but still worthwhile to browse this book.

Scott Whitney

1,107 reviews14 followers

March 3, 2011

Read this and took away a lot of good ideas. I wish I would have read this in my mid-twenties so I could have been debt free over a decade ago.

Jaclyn Harrison

235 reviews

November 18, 2011

The bad jokes were distracting.

Kim

49 reviews25 followers

August 12, 2016

Kind of outdated for today's day and age, but most of it was stuff that I already knew.

A

3 reviews

January 8, 2020

I didn't get any new information and the book definitely could be updated especially considering it refers to new CDs.

Kellee

492 reviews76 followers

September 21, 2008

I bought this book twice because I needed it twice. Pretty decent, straight-to-the-point book.

    self-help

Wren

176 reviews

January 1, 2019

It would have helped, if I'd graduated a decade ago. But not a mere couple of months ago. Things are different now and few people have the "whopping" $30,000 of debt from school alone that these two guys had together ...

Debt-Free by 30: Practical Advice for the Young, Broke,… (2024)
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