Drowning in $20,000 of credit card debt, shopaholic Karyn Bosnak asked strangers for money online -- and it worked! What would you do if you owed $20,000? Would you: A) not tell your parents? B) start your own website that asked for money without apology? or C) stop coloring your hair, getting pedicures, and buying Gucci? If you were Karyn Bosnak, you'd do all three. Karyn started a funny yet honest website, www.savekaryn.com, On which she asked for donations to help her get out of debt. Karyn received e-mails from people all over the world, either confessing their own debt-ridden lives, or criticizing hers. But after four months of Internet panhandling and selling her prized possessions on eBay, her debt was gone! In Save Karyn: One Shopaholic's Journey to Debt and Back, Karyn details the bumpy road her financial -- and personal -- life has traveled to get her where she is today: happy, grateful, and completely debt-free. In this charming cautionary tale, Karyn chronicles her glamorous rise, her embarrassing fall, and how the kindness of strangers in cyberia really can make a difference.
Bosnak is the owner of the now famous-or infamous-www.saveKaryn.com. She had the audacity to run up $20,000 in credit card debt, lose her job, and, instead of declaring bankruptcy, put up the first personal web site to solicit donations. Here she details her descent into debt and the bumpy road to debt freedom, shares intimate details of her personal finances, and describes the emails that she received (both compassionate and hateful), her guest appearances on NBC's Today and CNN, and a write-up in People magazine. Her strategies for cutting expenses are not generally innovative, but readers should enjoy her upbeat, folksy writing style. Kicking the dollars up a bit, Hunt ran up $100,000 in credit card debt in the early 1980s. Soon after, she became the founder and publisher of Cheapskate Monthly and the author of several money management books. Her latest identifies methods to strengthen a marriage, particularly a couple's financial position. Packed with real-life advice and examples, Hunt's book covers everything needed to manage money as a team, ways to live beneath your means, and how to reconcile different behaviors and beliefs about saving, giving, and managing finances. She writes in an organized, personal style, motivating readers and teaching them how to take charge of their income. Both books teach the importance of thrift through real-life mistakes; however, Hunt's guide is much more detailed and practical.-Susan C. Awe, Univ. of New Mexico Lib., Albuquerque Copyright 2003 Reed Business Information.
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William Morrow Paperbacks
September 01, 2003
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