MARC record from Internet Archive

LEADER: 03110cam 2200481 a 4500
001 ocn701243498
003 OCoLC
005 20181023002915.0
008 110118s2011 onc b 000 0 eng
040 $aNLC$beng$cNLC$dVP@$dYDXCP$dRRP$dCNSPL$dS8J$dOCLCF$dRB0$dCNGMP$dNLC$dUBC
015 $a20109079329$2can
016 $a(AMICUS)000038888602
019 $a753718294
020 $a9780968394748
020 $a0968394744
020 $a9780968394779
020 $a0968394779
035 $a(OCoLC)701243498$z(OCoLC)753718294
041 0 $aeng$afre
050 4 $aHG179$b.C557 2011
055 0 $aHG179$bC46 2011
082 04 $a332.024/01$223
084 $acci1icc$2lacc
100 1 $aChilton, David Barr,$d1961-
245 14 $aThe wealthy barber returns :$bsignificantly older and marginally wiser, Dave Chilton offers his unique perspectives on the world of money /$cDavid Chilton.
260 $aKitchener, Ont. :$bFinancial Awareness Corp.,$cc2011.
300 $ax, 224 p. ;$c23 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
500 $aCover title.
504 $aIncludes bibliographical references.
530 $aIssued also in electronic and audio formats.
505 0 $aInsights into saving, spending and borrowing -- Random thoughts on personal finance.
520 $aThe "The Wealthy Barber Returns" is written in a relaxed, humorous, conversational style that I found very appealing. It begins with some sage advice on the pitfalls of over-borrowing, describing the forces that draw us into debt traps and the basic human weaknesses that drive us to keep up with others in the quest to accumulate things that, in the end, are of little enduring value. I agree that the false sense of security provided by an abundance of available credit forms a dangerous mindset that can lead to disaster, especially when that credit line is represented by a mortgage on the home. For most people the concept of a Home Equity Line of Credit is too much of a temptation, leading to the illusion of short term gain followed by the reality of long term pain. Dave even takes a couple of refreshing swings at the banks for their tendency to want to lend us up to our rooftops. He recounts one story where a woman he sent to the bank to get a very modest secured line of credit was immediately up sold to the max despite her history of debt accumulation. I'm sorry to report that this is not uncommon. I was a consumer lender for 25 years and it was my job to maximize profit within a consumer loan portfolio. I was paid to lend as much as possible at the highest possible rate without causing losses and not to share that philosophy with my customers. My paycheque depended on it.
546 $aIncludes some text in French.
650 0 $aFinance, Personal.
650 6 $aPlanification financie re personnelle.
650 7 $aFinance, Personal.$2fast$0(OCoLC)fst00924449
938 $aYBP Library Services$bYANK$n7621991
029 0 $aNLC$b000038888602
994 $aZ0$bP4A
948 $hNO HOLDINGS IN P4A - 92 OTHER HOLDINGS