The Debt Trap is a road map to help you avoid life's potential financial pitfalls. It delves into historical, social, moral and economic reasons why so many Americans are in debt. It is preventative, not curative, in its approach. It teaches by exploring the mistakes of others in the areas of relationships, desires, spending and saving habits and values. It correlates how the breakdown of traditional values has created a society in which instant gratification, selfishness, and victimization has led to the disintegration of religion, family and love of country, while also destroying financial stability. Chapters include:
| Home Purchasing Mistakes |
The Breakdown of Traditional Values |
| Choosing the Wrong Partner |
Gambling Debt |
| Improperly Financed Vehicles |
Paycheck-to-Paycheck Living |
| Credit Card Debt |
Two-income Pitfalls |
| Basic Budgeting Choices |
Quick-fix Loans |
| The Victimization Notion |
Starting a Small Business |
| Advertising's Influence |
Tax Planning |
| Instant Gratification |
Student Loan Debt |
| Financial Irresponsibility |
Character |