From the Publisher
“A valuable new book.” Jane Bryant Quinn, Newsweek on Retire on Less Than You Think
“Plenty of helpful and useful material . . . For workers intrigued by the idea of retiring for less, Brock's book is well worth reading.” The Boston Globe on Retire on Less Than You Think
Read an Excerpt
From Live Well on Less Than You Think:
Getting debt under control is the most important move you can make to cut expenses-particularly the amount you pay in interest. But be wary of the conventional advice to cancel or cut up your credit cards. Learn instead to control your credit, rather than have it control you:
Shun brand loyalty and "miles" or other affiliate programs, which can saddle you with uncompetitive interest rates.
Stick with cards with steady lower rates rather than cycling between cards carrying zero interest during the first months of use.
Keep an eye on your interest rate every month; it can change without notice. Contrary to the ads, there is no such thing as a fixed-rate card.
Never make a late payment, even if that means using an overnight courier service. Some companies will raise your interest rate as much as 30 percent if you pay late just once, and
"late" can mean receiving your payment after 1 pm on the day your payment is due.