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EXIT: How to Leave Debt Forever
What 12+ years of schooling never provided is located within this amazing literature. From basic instructions on saving to the reason for America’s current financial dilemma, we receive great advice in the world of finance. People across the globe are crying for relief that will never come. In EXIT, we learn that financial strain is planned and orchestrated. The more America suffers financially, the more successful certain individuals become. How do we eliminate a problem that has been in place for almost 100 years? We first learn how to exit, escape.
112 pages, ebook
First published January 1, 2012
4 people want to read
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Displaying 1 - 7 of 7 reviews
February 29, 2012
Solid educational and supportive manual for the financial luddite!
NIcholas L. Maze is not only a very bright man who obviously understands the details of the world of finance and business, but he also obviously a caring person who understands that most of us simply don't grasp the magnitude of the global economic situation much less our own management of personal finances. EXIT: HOW TO LEAVE DEBT FOREVER is written in a manner of a conversation with a sage relative but in the comfort of relaxing in the front porch swing. He begins his book by defining 'money'. And it is his preparation for the information he is about to share that makes this book so appealing and hence a comfortable commitment to stay with him all the way through to his titled promise!
'Limited knowledge brings forth the purpose of school. A school should strengthen a child's mind, because one day that child will have control of other children and he/she should be mentally prepared and able to take on that task. This is what separates a child from an adult, knowledge. Knowledge is the key ingredient in this book. My main goal is to eradicate many and erase the "get rich quick" mentality. The term get rich quick was created for those that lacked knowledge, because they knew that without intelligence, an individual would fall for anything. Getting rich quick is a scheme. And, if I sell you a book that i nothing but a scheme, I have not only cheated you out of your money, but I have also helped you go deeper in debt.' And with this warm introduction Maze takes us on a tour of the history of 'money' ('Just about any object can become money') and the misconceptions we have learned about the value of the dollar - in fact, only a piece of paper with ink on it. Once he takes us through the concept of how we have arrived at this bowing at the altar of paper, he proceeds to inform us of the meaning (and dire consequences of Credit: how tying the two together makes our current money the omnipresent plastic credit card.
Now with some basic truths established Maze encourages us to take a look at how we use (and abuse) money. But he doesn't make that punitive. No, instead he offers his 70-20-10 plan: 70% of our income goes for expenses (yes, add it up and be shocked), 20% should be saved (an dhow to begin doing that) and 10% should be tithed to the religious/charitable organization of our choosing. The 70 % is reducible by self education about how we waste money on unnecessary things and that gives us more to plug into the 20% pot. Maze then patiently goes through the methods of Saving: his slow and thorough lessons on investing and what is safe, what is risky, and how to make the most out of the portion of our income we, hopefully, will gradually increase to the point where we have a failsafe basket from which we can draw to resolve inevitable monetary crises. In the back of this book he offers pages of Dividend Re-investment Plans plus a glossary for defining those frightening words the accountant throws at us at tax time and other moments of panic.
This book is one that would benefit everyone who feels the burden of debt crushing their dreams of a happier life. It would make a sound textbook for highschool student, too, hopefully encouraging them to start out right and avoid the specter of debt. Hats off to Nicholas L. Maze!
Grady Harp
NIcholas L. Maze is not only a very bright man who obviously understands the details of the world of finance and business, but he also obviously a caring person who understands that most of us simply don't grasp the magnitude of the global economic situation much less our own management of personal finances. EXIT: HOW TO LEAVE DEBT FOREVER is written in a manner of a conversation with a sage relative but in the comfort of relaxing in the front porch swing. He begins his book by defining 'money'. And it is his preparation for the information he is about to share that makes this book so appealing and hence a comfortable commitment to stay with him all the way through to his titled promise!
'Limited knowledge brings forth the purpose of school. A school should strengthen a child's mind, because one day that child will have control of other children and he/she should be mentally prepared and able to take on that task. This is what separates a child from an adult, knowledge. Knowledge is the key ingredient in this book. My main goal is to eradicate many and erase the "get rich quick" mentality. The term get rich quick was created for those that lacked knowledge, because they knew that without intelligence, an individual would fall for anything. Getting rich quick is a scheme. And, if I sell you a book that i nothing but a scheme, I have not only cheated you out of your money, but I have also helped you go deeper in debt.' And with this warm introduction Maze takes us on a tour of the history of 'money' ('Just about any object can become money') and the misconceptions we have learned about the value of the dollar - in fact, only a piece of paper with ink on it. Once he takes us through the concept of how we have arrived at this bowing at the altar of paper, he proceeds to inform us of the meaning (and dire consequences of Credit: how tying the two together makes our current money the omnipresent plastic credit card.
Now with some basic truths established Maze encourages us to take a look at how we use (and abuse) money. But he doesn't make that punitive. No, instead he offers his 70-20-10 plan: 70% of our income goes for expenses (yes, add it up and be shocked), 20% should be saved (an dhow to begin doing that) and 10% should be tithed to the religious/charitable organization of our choosing. The 70 % is reducible by self education about how we waste money on unnecessary things and that gives us more to plug into the 20% pot. Maze then patiently goes through the methods of Saving: his slow and thorough lessons on investing and what is safe, what is risky, and how to make the most out of the portion of our income we, hopefully, will gradually increase to the point where we have a failsafe basket from which we can draw to resolve inevitable monetary crises. In the back of this book he offers pages of Dividend Re-investment Plans plus a glossary for defining those frightening words the accountant throws at us at tax time and other moments of panic.
This book is one that would benefit everyone who feels the burden of debt crushing their dreams of a happier life. It would make a sound textbook for highschool student, too, hopefully encouraging them to start out right and avoid the specter of debt. Hats off to Nicholas L. Maze!
Grady Harp
January 6, 2013
In "Exit" author Nicholas L. Maze shows its readers the amazing amount of power that money possesses. Starting with the basic concepts such as, Money & Credit author lay down a foundation; on which reader’s new life to be a Debt free person will begin. It has been said that approximately 80% of the Americans (excluding minors) are in debt. 80% of this country is struggling with financial problems. To take those first few correct steps towards financial savvy life, this literature is important.
No matter what your current financial condition is, if you follow the guidelines given in this book you will find yourself benefiting from this book. Now there are people who will dress up as another sex, steal from friends, betray family, and perform sexual acts for money. That lust and desire to obtain great wealth alters our conscious But, having a love for money and desiring to be successful are two different things.
This literature is a format for becoming successful financially. Being successful is not about chasing money. It is about living comfortably and prospering, and to do that author has shown a very practical and easy to follow guidelines.
Author also brings out the topic of how many people fail to realize that, there is financial gain in debt. How some peoples who have their hands deep in the financial soil bid on increase in debt, because there is so much money that can be made from debt. as the book progresses author bring out, how small changes in your expenditure style can help you secure financial stability. And once you are financially stable, how you can cycle the money to watch your wealth grow. Later author shows how to spread wealth for this author gives classic fishing scenario: "If you give a person a fish, they'll eat for a day. If you teach that person how to fish, they'll eat for a lifetime."
This book was not written to be a meal ticket. This book was written to help those that are in a financial struggle. In author’s words, "It is the knowledge that one is able to pour into someone that brings the true success. Knowledge has no value. Knowledge is priceless." So at the end of the day if one is looking for a book that can guide him/her on the path of Financial freedom and how to generate wealth not just for yourself but generations to come then this is a must read.
No matter what your current financial condition is, if you follow the guidelines given in this book you will find yourself benefiting from this book. Now there are people who will dress up as another sex, steal from friends, betray family, and perform sexual acts for money. That lust and desire to obtain great wealth alters our conscious But, having a love for money and desiring to be successful are two different things.
This literature is a format for becoming successful financially. Being successful is not about chasing money. It is about living comfortably and prospering, and to do that author has shown a very practical and easy to follow guidelines.
Author also brings out the topic of how many people fail to realize that, there is financial gain in debt. How some peoples who have their hands deep in the financial soil bid on increase in debt, because there is so much money that can be made from debt. as the book progresses author bring out, how small changes in your expenditure style can help you secure financial stability. And once you are financially stable, how you can cycle the money to watch your wealth grow. Later author shows how to spread wealth for this author gives classic fishing scenario: "If you give a person a fish, they'll eat for a day. If you teach that person how to fish, they'll eat for a lifetime."
This book was not written to be a meal ticket. This book was written to help those that are in a financial struggle. In author’s words, "It is the knowledge that one is able to pour into someone that brings the true success. Knowledge has no value. Knowledge is priceless." So at the end of the day if one is looking for a book that can guide him/her on the path of Financial freedom and how to generate wealth not just for yourself but generations to come then this is a must read.
March 10, 2012
Exit: How to leave Debt Forever by Nicholas L. Maze should be on every 'must read' list! The sooner we understand how credit and debt works, the better our chances of achieving financial freedom. Even those whom think they know all about it and think this is just another one of those "how to get out of debt" book will find Mr. Maze's insights interesting.
Mr. Maze explains the history of money, what the Federal Reserve Bank is, and how America is set up to fail. If we all lived by the "70, 20, 10" rule which is clearly explained in the book, we could possibly get out of debt and live a wealthy life. However before we can maintain our wealth, we need to learn how to maintain our money.
The book has easy to understand step by step instructions on how to save as well as how to invest money for a greater buying power. I was a little shocked to see some of the investment suggestions as well as those not to invest in. I found the description, purpose, pros and cons of each very informative and easy to understand.
Mr. Maze also hit on a subject that I already believed and that is the "dumbing down" of Americans. Knowledge is priceless and through knowledge we, as well as our children (and their children) can learn to play the financial game by our own rules. The economic state of this country is only getting worse and the importance of teaching children at an early age is crucial for them to live debt free lives. Mr. Maze mentions an age to start of 8 or 9 however I feel children should be brought up with it as a way of life from birth. I don't feel it should be something that is introduced to them at the age of 8 or 9 like a new food to taste and see if they like it. At that age children are already set in their ways and they already know if they don't like it which means they may not willing to taste it again.
I highly recommend this book for old and young alike. The author says it best, "Being successful is living comfortably and prospering." If we all followed the steps outlined for us, we will prosper.
Mr. Maze explains the history of money, what the Federal Reserve Bank is, and how America is set up to fail. If we all lived by the "70, 20, 10" rule which is clearly explained in the book, we could possibly get out of debt and live a wealthy life. However before we can maintain our wealth, we need to learn how to maintain our money.
The book has easy to understand step by step instructions on how to save as well as how to invest money for a greater buying power. I was a little shocked to see some of the investment suggestions as well as those not to invest in. I found the description, purpose, pros and cons of each very informative and easy to understand.
Mr. Maze also hit on a subject that I already believed and that is the "dumbing down" of Americans. Knowledge is priceless and through knowledge we, as well as our children (and their children) can learn to play the financial game by our own rules. The economic state of this country is only getting worse and the importance of teaching children at an early age is crucial for them to live debt free lives. Mr. Maze mentions an age to start of 8 or 9 however I feel children should be brought up with it as a way of life from birth. I don't feel it should be something that is introduced to them at the age of 8 or 9 like a new food to taste and see if they like it. At that age children are already set in their ways and they already know if they don't like it which means they may not willing to taste it again.
I highly recommend this book for old and young alike. The author says it best, "Being successful is living comfortably and prospering." If we all followed the steps outlined for us, we will prosper.
March 5, 2012
Exit, by Nicholas Maze, is an eye opening guideline to becoming debt free and staying this way. Maze does an amazing job at explaining the power that money possesses, the way people get themselves into debt, teaching you how to free yourself from the debt your in and then, how to continue living a life that is financially successful. This book will take you from financial struggle to financial freedom, and then continue on to show you how you can generate wealth.
This book is a must read for everyone, and especially those that may be struggling financially. I have to say that I actually learned quite a bit from reading this, and will be making many changes to my spending and saving. Great read as well as learning experience.
March 8, 2012
The current economy has forced more people than ever into struggling to stay afloat when it comes to their personal finances. People need help and they are looking for any way to help ease their money woes or stop struggling completely. A book that suggests some viable solutions to the struggle with debt is Exit: How to Leave Debt Forever by Author Nicholas L. Maze. In this book Nicholas Maze shares his knowledge of the financial world and explains how this economic scenario of struggling with debt is nothing new. He explains why the majority of people have struggled to stay afloat financially while others have no problems surviving financially. One of the facts that he asserts in this book is that the financial slump that we all are experiencing is brought about by design and has been planned that way for hundreds of years in order to keep the wealth in the hands of an elite few. Nicholas L. Maze is not declaring that he is a financial wizard or a self help guru but rather that he is someone who seeks to share his knowledge about the worldwide monetary system, the credit system, and various ways to escape being in perpetual debt.
Exit: How to Leave Debt Forever is a good resource for information about money matters, developing wealth and escaping the debt trap, while it doesn’t cover every aspect of the topic it is a good place to start . Starting off with an in depth look at the history of money (its real value) and the truth about credit trap that so many people wind up falling prey to. Readers are shown how the debt trap began and why it continues today. Next readers are shown how to prepare mentally in order to develop and build a sound financial structure and using your particular life stature i.e. being single, married, or having children to your financial advantage. The author also explains that money and wealth are two completely different things and expounds on several methods of building wealth, some methods are well known like specific real estate methods and other methods are not so well known such as the DRIP (Dividend re-investment) plan. Some of the information presented is also common sense, for example the methods used in handling your personal bank accounts.
The book is fairly well written but it does have some issues with the kindle version, the display is askew in some places with sentences abruptly cut off and continued further down the page. Also there are some minor editing issues, such as awkward wording in sentences and minor misspellings. Overall the book is interesting because of the subject matter, is written in easily relatable terms and offers other resources for further reading. I enjoyed the chapters concerning the history of money, credit and how to go about changing your mindset when it comes to handling money and wealth. The section on changing tax information with your employer however did need to be explained in far more detail. This book does contain some helpful information that may be worth implementing but the suggested methods will take time and effort in order to see an actual result; as the author so adeptly states that it took time to get into debt therefore it will take time to get out of debt.
Exit: How to Leave Debt Forever is a good resource for information about money matters, developing wealth and escaping the debt trap, while it doesn’t cover every aspect of the topic it is a good place to start . Starting off with an in depth look at the history of money (its real value) and the truth about credit trap that so many people wind up falling prey to. Readers are shown how the debt trap began and why it continues today. Next readers are shown how to prepare mentally in order to develop and build a sound financial structure and using your particular life stature i.e. being single, married, or having children to your financial advantage. The author also explains that money and wealth are two completely different things and expounds on several methods of building wealth, some methods are well known like specific real estate methods and other methods are not so well known such as the DRIP (Dividend re-investment) plan. Some of the information presented is also common sense, for example the methods used in handling your personal bank accounts.
The book is fairly well written but it does have some issues with the kindle version, the display is askew in some places with sentences abruptly cut off and continued further down the page. Also there are some minor editing issues, such as awkward wording in sentences and minor misspellings. Overall the book is interesting because of the subject matter, is written in easily relatable terms and offers other resources for further reading. I enjoyed the chapters concerning the history of money, credit and how to go about changing your mindset when it comes to handling money and wealth. The section on changing tax information with your employer however did need to be explained in far more detail. This book does contain some helpful information that may be worth implementing but the suggested methods will take time and effort in order to see an actual result; as the author so adeptly states that it took time to get into debt therefore it will take time to get out of debt.
March 18, 2012
Money History Informs Debt Departure Strategy
** I received this book for free from Bookplex **
Exit: How to Leave Debt Forever is a solid historical look at money and indebtedness, accompanied by a simple, though not easy, plan to live debt free. Author Nicholas Maze begins his story by defining terms that we take for granted in our everyday commerce transactions. He begins with exchanges of cattle and property for services and products, leads us through the introduction of precious metals as tender and finally arrives at our current credit dependent economy. Throughout his 'lesson' he doesn't hesitate to express his disdain for a system that indoctrinates us from our youth by acclimating us to the quest for extra credit. This effort to get extra credit begins the erosion of our freedom as debt takes its viselike hold.
The book is a series of short chapters that follow an introduction that takes a close look at money history-first globally and then in the US. The language isn't academic, which contributes to easier reading. However, at times is seems like a sermon offered by someone converted from what he preaches against. This isn't bad, but bears note because it may diminish the impact of the content as a reader may fixate on the method. The author shares openly about his experiences and is able to relate to some of the pitfalls he describes. He doesn't position himself as one who hasn't been seduced by our debt-filled society. It's his real and exposed anecdotes that connect with the reader.
It's this ability to empathize with the reader which may be Exit's biggest strength. Because, let's face it, talks of money are often fraught with stress and tension. Maze matter-of-factly presents steps to relieve oneself of the monkey on their back. He not only offers solutions for individuals, he addresses the unique concerns of couples who may or may not be on the same financial page. The proposed steps help one to identify, commandeer, conquer and overcome debt. The best aspect of his book is it's future focus and commitment to leaving the next generation less encumbered than the current one. The book offers a glossary of financial terms and Maze's practical definitions, as well as a resource list of dividend reinvestment plans.
Mr. Maze writes from his experiences, research and concern. He uses common language to illustrate an unusual construct. As a result, his book can become a tool for the masses. The message is as appropriate for a third grader as it is for a retiree. Ultimately, his hope compels him to believe that anyone can benefit from removing the burden of being controlled by established debt.
** I received this book for free from Bookplex **
Exit: How to Leave Debt Forever is a solid historical look at money and indebtedness, accompanied by a simple, though not easy, plan to live debt free. Author Nicholas Maze begins his story by defining terms that we take for granted in our everyday commerce transactions. He begins with exchanges of cattle and property for services and products, leads us through the introduction of precious metals as tender and finally arrives at our current credit dependent economy. Throughout his 'lesson' he doesn't hesitate to express his disdain for a system that indoctrinates us from our youth by acclimating us to the quest for extra credit. This effort to get extra credit begins the erosion of our freedom as debt takes its viselike hold.
The book is a series of short chapters that follow an introduction that takes a close look at money history-first globally and then in the US. The language isn't academic, which contributes to easier reading. However, at times is seems like a sermon offered by someone converted from what he preaches against. This isn't bad, but bears note because it may diminish the impact of the content as a reader may fixate on the method. The author shares openly about his experiences and is able to relate to some of the pitfalls he describes. He doesn't position himself as one who hasn't been seduced by our debt-filled society. It's his real and exposed anecdotes that connect with the reader.
It's this ability to empathize with the reader which may be Exit's biggest strength. Because, let's face it, talks of money are often fraught with stress and tension. Maze matter-of-factly presents steps to relieve oneself of the monkey on their back. He not only offers solutions for individuals, he addresses the unique concerns of couples who may or may not be on the same financial page. The proposed steps help one to identify, commandeer, conquer and overcome debt. The best aspect of his book is it's future focus and commitment to leaving the next generation less encumbered than the current one. The book offers a glossary of financial terms and Maze's practical definitions, as well as a resource list of dividend reinvestment plans.
Mr. Maze writes from his experiences, research and concern. He uses common language to illustrate an unusual construct. As a result, his book can become a tool for the masses. The message is as appropriate for a third grader as it is for a retiree. Ultimately, his hope compels him to believe that anyone can benefit from removing the burden of being controlled by established debt.
March 12, 2012
As a former accountant for a very large financial institution, I was anxious to read this book, Exit: How to Leave Debt Forever. The author has a good understanding of the principals of finance, money and the use or abuse of credit. The focus of the book is to alert the reader of the pitfalls and problems when depending upon credit as a means of financial stability.
I feel the author in this book is extending a very emotional plea for all people to take on their personal responsibility of learning about the basic elements of finances. He gives information regarding how currency and it’s value system was implemented for America. Precious metals such as gold and silver played a huge part in American history. Wars have been fought and nations have failed when the finances were not balanced with the regulation of the currency. If the economic condition of a nation is allowed to deteriorate to the point of a nationwide depression, the result affects all the people from the rich down through the ranks of the poor. Political elections are won or lost many times based upon the financial support of a particular candidate. Money is power.
The book highlights the abuse of credit, credit cards for students, and the dependency of credit becoming an accepted way of life. The credit card accessibility and dependency of college students is disturbing. The author issues a warning about how the use of credit results in establishing debt. He cautions and urges the reader to consider the need or priority of purchases. A marketing ploy to be aware of is paying for services or items which are really not necessary and it is in the form of companies bundling services and bundling accessories you made not need for technical devices.
The author advises to avoid the use of credit cards, then plan or prioritize your purchases, and budget for necessities. He urges a person to set aside money for emergencies. Determine your income and expenses and budget accordingly. His theory for financial freedom can be found in the “70, 20, 10” formula. There is also a section with advice for investments You must read the book to learn this strategy for success!
I really like the cover graphics for this book!
(The book has a distracting number of spelling and grammatical errors which could be corrected fairly easily.)
I feel the author in this book is extending a very emotional plea for all people to take on their personal responsibility of learning about the basic elements of finances. He gives information regarding how currency and it’s value system was implemented for America. Precious metals such as gold and silver played a huge part in American history. Wars have been fought and nations have failed when the finances were not balanced with the regulation of the currency. If the economic condition of a nation is allowed to deteriorate to the point of a nationwide depression, the result affects all the people from the rich down through the ranks of the poor. Political elections are won or lost many times based upon the financial support of a particular candidate. Money is power.
The book highlights the abuse of credit, credit cards for students, and the dependency of credit becoming an accepted way of life. The credit card accessibility and dependency of college students is disturbing. The author issues a warning about how the use of credit results in establishing debt. He cautions and urges the reader to consider the need or priority of purchases. A marketing ploy to be aware of is paying for services or items which are really not necessary and it is in the form of companies bundling services and bundling accessories you made not need for technical devices.
The author advises to avoid the use of credit cards, then plan or prioritize your purchases, and budget for necessities. He urges a person to set aside money for emergencies. Determine your income and expenses and budget accordingly. His theory for financial freedom can be found in the “70, 20, 10” formula. There is also a section with advice for investments You must read the book to learn this strategy for success!
I really like the cover graphics for this book!
(The book has a distracting number of spelling and grammatical errors which could be corrected fairly easily.)
Displaying 1 - 7 of 7 reviews