Tuesday, October 5, 2010

Book Review: Help I Can't Pay My Bills by Sally Herigstad

Help! I Can't Pay My Bills: Surviving a Financial CrisisHelp! I Can't Pay My Bills: Surviving a Financial Crisis by Sally Herigstad

My rating: 3 of 5 stars

I decided to read this book on a whim. We were passing the financial section in the library. I thought maybe I should read one and get some tips and ideas for cutting our expenses in this upcoming fincancial trial we are about to face. I chose this book over the many others because it seemed to be most appropriate and honestly, the title was the most catchy.

The author is a CPA and really knows her stuff, especially when it comes to taxes. But very few ideas for cutting expenses were brand new to me and few could we apply to our situation (we already have cut cable and stopped eating out and.........).

The section on taxes was great, but because we aren't poverty according to the IRS, the ideas don't apply to us.

I liked that she understood people who couldn't make ends meet. She didnt have a "you are an idiot because you're in debt" attitude or tone to her and she had ideas for how to talk to creditors if the situation gets that bad. Additionally, she had suggestions that i think most financial advisors say are taboo; she presented them with some big qualifiers though.

All in all it wasn't a bad read, just didn't have much to offer to me at our current stage in the game.

She listed several resources on her website that could be helpful to some ... I have not looked at them though, so I reallt do not know if they are still there.

View all my reviews

1 comment:

Di said...

I feel like people think of me as an idiot because I'm in debt, too. It's faulty thinking but it's hard not to feel that way.