Credit: A Double-Edged Sword

April 19, 2011

Credit Book for teens

 

Credit: A Double-Edged Sword is the 4th book in the MindSet of Wealth® Series. Credit is the most pivotal component in today’s economy; yet, it has been deprived of a proper introduction to our youth. Like it or not, credit will be a part of their future. With a solid understanding of how to apply or refuse credit, this tool can be  a powerful tool to achieve their personal dreams, goals and to build wealth. However, on the other hand, the improper use can seriously expose them to Debt, Poverty, and Dependency (DPD).

This book takes the reader on a journey in history to unveil the masterminds behind these subjects called credit and debt. In addition, it reveals the strategies and psychology hidden in the fine print, marketing messages, sales pitches, and false promises. It is an in-depth look at this world of credit from credit reporting to debt demise.

Properly called The Double–Edged Sword, the two-sides of the sword are credit and debt. Riches have been gained and futures have been devoured through the power of credit and debt, truly the Yin-Yang of finance.

This book is a must read for teens and adults of all ages; credit has never been so thoroughly explained. Adults looking to learn about credit should not sleep on this book.

Credit and Debt is the Yin-Yang of today’s financial world

Chapter 1  -  What is Credit?

Chapter 2  -  How Credit Works

Chapter 3  -  How Lending Works

Chapter 4  -  All About Loans

Chapter 5  -  All About Your Credit Report

Chapter 6  -  What Is a Credit Score?

Chapter 7  -  How to Build Credit

Chapter 8  -  Good Debt vs. Bad Debt

Chapter 9  -  How to Maintain Credit

Chapter 10 - Credit & Credit Cards

The Crime of Credit is that it can Steals from Your Freedom and Future