By: Jim Randel (2010)

ISBN 978-0-9818935-4-9

Book Price: $14.95

Simple, entertaining English, explanation of important topics.

Jim Randel is an attorney and entrepreneur who has studied financial literacy and personal achievement for thirty years. After years of studying how people learn, RAND Publishing has created The Skinny On series of books to provide a simple and entertaining explanation of today’s most important issues.

credit card education

Jim Randel uses a creative cartoon-style approach to educate readers. He addresses points like “What is a financial model?” (p. 13); “…card companies…” (p. 50); “…what happens once they lend you money” (p. 60); “…the myth that debt is good…” (p. 93); “…lower your rates…” (p. 135); “The credit card act” (p. 146); and more.

overcome debt

Jim Randel communicates in an educational and relational style. He creatively engages readers and injects important information with a mix of humor and everyday language. Jim instructs, “To the credit card companies, someone who pays off their balance in full each month is a ‘winner.'” It’s true, they like us to stay in debt!

Jim’s blunt comments reveal false assumptions that many live by. He explains: “The reality is that by inducing people to pay only the minimum 2%, the credit card companies were helping to get people into deeper and deeper holes.”

Brief calculations express points quickly and give readers an instant understanding of Randel’s ideas. He shares, “…by paying $750 a month instead of $500, he can pay off his debt in 44 months instead of 79!” Great news!

Randel adds practical action steps for readers to get instant results from your information and solidify knowledge. He advises: “My first suggestion is to call your credit card companies and ask them to lower your rates.”

Jim refers to others in his field to further his message. He introduces: “Once people see that they can get out of debt, they gain energy and momentum. For this reason, some commentators recommend that when paying off debt on multiple cards, people should aim for the card with the lowest balance.” “. Great wisdom!

Randel notes, “…borrowing…with credit cards is a way to use future income to pay for immediate consumption.”

Master the card game

Jim Randel shows readers how they can master the credit card game. This frees the winners on debt!