You've learned your lesson.Though you shouldn't be using credit cards indiscriminately, the wise use of credit is important for your financial future. Your FICO is key, and Mack explains how you can raise that number. He also explains how to get rid of high-risk debt by negotiating with creditors and knowing your rights.
Boost your workplace retirement fund, then set up an IRA for your retirement. Get rid of low-risk debt, and learn the smart way to purchase a car or house. Select the right advisor, someone who shares your vision for your future. Learn how to invest your money for the best return. Give yourself a good emergency fund for just-in-case situations.
Tired of being broke, or close to it? "Living in the Village" can set you on a path away from poverty, but – as you've probably guessed – it won't be easy.
Author and financial expert Ryan C. Mack writes with clarity and his step-by-step explanations are do-able for anyone who wants to get their house in order, money-wise. He's thorough, too, and covers all bases in this book, although that may be overwhelming for anyone who's starting from financial scratch.
Still, Mack does some hand-holding and offers enough personal support to keep his readers from becoming discouraged. It's also helpful that he targets specific groups (religious leaders, parents, the formerly incarcerated, and so on) with specialized tips most useful for them.
Overall, if you're ready to put your money where your future is, or if you want to set a good example for your children, "Living in the Village" may inspire you. Then get ready to be prosperous. Haven't you earned that?