The Debt-Free Millionaire: Winning Strategies to Creating Great Credit and Retiring Rich

Foreword ix

Acknowledgments xiii

Introduction: Setting the Stage 1

Step 1: Understanding Debt and Credit

Chapter 1 What Is Debt? 19

Chapter 2 What Is Credit? 33

Step 2: Identifying Where You Are so You Can Determine How to Get to Where You Want to Go

Chapter 3 The Cash-FLOW Analysis and Why You Need One 53

Chapter 4 Doing Your Own Cash-FLOW Analysis 71

Chapter 5 Inside the Numbers: Different Categories of CFI 85

Step 3: Using the Results from Step 2 to Chart Your Course toward Becoming a Debt-FREE Millionaire

Chapter 6 A Little Deeper Inside the Numbers: Potential Credit Impact of Adequate to Healthy CFI 95

Chapter 7 A Little Deeper Inside the Numbers: When Your CFI Requires Mortgage Restructuring 109

Chapter 8 A Little Deeper Inside the Numbers: When Your CFI Requires Debt Management 123

Chapter 9 A Little Deeper Inside the Numbers: When Your CFI Requires Debt Settlement 137

Chapter 10 A Little Deeper Inside the Numbers: When Your CFI Requires Bankruptcy 153

Step 4: Identifying and Defining Your Retirement Needs, and Creating a Time Line toward Achieving Them

Chapter 11 Accumulating Wealth and Retiring Rich 169

Chapter 12 It Takes Money to Make Money: Accumulating and Living Off Your Wealth 181

Step 5: Letting It All Sink In

Chapter 13 Change Is a Comin’ 201

Chapter 14 So Now What? The Debt-FREE Millionaire Action Plan 217

Chapter 15 What about Our Economy? 229

Conclusion: The Real Identity Theft 235

Appendix A The Cash-FLOW Analysis Work Sheet 241

Appendix B Estimating Your Debt Elimination Time Frame 249

Appendix C Sample Amortization Tables 253

Appendix D Income Adjusted for Inflation 263

Appendix E Future Wealth (Nest Egg) Estimator 265

Appendix F Debt Payment Wealth Impact 267

Appendix G Should I Save First? 269

Appendix H Putting Your Debt-FREE Millionaire Plan on Cruise Control 271

Glossary 273

Notes 275

About the Author 277

A Free Gift from Me to You 279

Index 281