AARP Digital Editions offer you practical tips, proven solutions, and expert guidance. The desire to get out of debt can sometimes be smothered by the sheer volume of information, and misinformation, available. To overcome such obstacles, what you need is one place to find the right answers, right away. That's why author Anthony Manganiello founder and creator of DebtFREE.com and President and CEO of Centricity, Inc. has created The Debt-Free Millionaire. Since 1995, Manganiello has helped hundreds of thousands of people get out of debt, and now, he'll show you how to do the same. Throughout these pages, he skillfully outlines a plan that will allow you to eliminate debt, develop better credit, and retire comfortably. You'll learn everything from how to perform a Cash-FLOW AnalysisTM a straightforward approach to assessing your financial standing to putting your plan into action. Along the way, Manganiello reveals how debt and credit should fit into your financial life and addresses how to employ specific strategies that will lead you to accumulate wealth instead of what you're most likely doing now, consuming it. No matter what your current financial situation, the five simple steps comprising this plan will put you in a better position to prosper in the years ahead. You'll also find that as you progress through the Debt-Free Millionaire Plan, you'll be fairly well insulated from the economic ups and downs experienced by others who are stumbling through life without a plan. After reading this book, when you think of what a millionaire is, you'll realize that the only difference between you and becoming a millionaire is a matter of time and distance. The strategies outlined here will help you close that gap as quickly as possible.

AARP Digital Editions offer you practical tips, provensolutions, and expert guidance.The desire to get out of debt can sometimes be smothered by thesheer volume of information, and misinformation, available. Toovercome such obstacles, what you need is one place to find theright answers, right away. That's why author AnthonyManganiello--founder and creator of DebtFREE.com and Presidentand CEO of Centricity, Inc.--has created The Debt-FreeMillionaire.Since 1995, Manganiello has helped hundreds of thousands ofpeople get out of debt, and now, he'll show you how to do the same.Throughout these pages, he skillfully outlines a plan that willallow you to eliminate debt, develop better credit, and retirecomfortably. You'll learn everything from how to perform aCash-FLOW Analysis--a straightforward approach toassessing your financial standing--to putting your plan intoaction. Along the way, Manganiello reveals how debt and creditshould fit into your financial life and addresses how to employspecific strategies that will lead you to accumulate wealth insteadof what you're most likely doing now, consuming it.No matter what your current financial situation, the five simplesteps comprising this plan will put you in a better position toprosper in the years ahead. You'll also find that as you progressthrough the Debt-Free Millionaire Plan, you'll be fairly wellinsulated from the economic ups and downs experienced by others whoare stumbling through life without a plan.After reading this book, when you think of what a millionaireis, you'll realize that the only difference between you andbecoming a millionaire is a matter of time and distance. Thestrategies outlined here will help you close that gap as quickly aspossible.

Foreword ixAcknowledgments xiiiIntroduction: Setting the Stage 1Step 1: Understanding Debt and CreditChapter 1 What Is Debt? 19Chapter 2 What Is Credit? 33Step 2: Identifying Where You Are so You Can Determine How toGet to Where You Want to GoChapter 3 The Cash-FLOW Analysis and Why You Need One 53Chapter 4 Doing Your Own Cash-FLOW Analysis 71Chapter 5 Inside the Numbers: Different Categories of CFI 85Step 3: Using the Results from Step 2 to Chart Your Coursetoward Becoming a Debt-FREE MillionaireChapter 6 A Little Deeper Inside the Numbers: Potential CreditImpact of Adequate to Healthy CFI 95Chapter 7 A Little Deeper Inside the Numbers: When Your CFIRequires Mortgage Restructuring 109Chapter 8 A Little Deeper Inside the Numbers: When Your CFIRequires Debt Management 123Chapter 9 A Little Deeper Inside the Numbers: When Your CFIRequires Debt Settlement 137Chapter 10 A Little Deeper Inside the Numbers: When Your CFIRequires Bankruptcy 153Step 4: Identifying and Defining Your Retirement Needs, andCreating a Time Line toward Achieving ThemChapter 11 Accumulating Wealth and Retiring Rich 169Chapter 12 It Takes Money to Make Money: Accumulating and LivingOff Your Wealth 181Step 5: Letting It All Sink InChapter 13 Change Is a Comin' 201Chapter 14 So Now What? The Debt-FREE Millionaire Action Plan217Chapter 15 What about Our Economy? 229Conclusion: The Real Identity Theft 235Appendix A The Cash-FLOW Analysis Work Sheet 241Appendix B Estimating Your Debt Elimination Time Frame 249Appendix C Sample Amortization Tables 253Appendix D Income Adjusted for Inflation 263Appendix E Future Wealth (Nest Egg) Estimator 265Appendix F Debt Payment Wealth Impact 267Appendix G Should I Save First? 269Appendix H Putting Your Debt-FREE Millionaire Plan on CruiseControl 271Glossary 273Notes 275About the Author 277A Free Gift from Me to You 279Index 281