There are a hundred books on how to fix credit, and those books are great. But it can take years to fix your credit and what are you going to do in the meantime? That’s where the book Living Well with Bad by Credit Chris Balish and Geoff Williams really shines. I would say it’s the best book on credit I’ve ever read.
Firstly, this book dispels a lot of myths about bad credit equaling irresponsible, bad decisions. Anyone can fall into the circumstances of having bad credit. Whether it be a divorce, losing a job, or a medical emergency, your good credit can easily be damaged by life circumstances. This book is really good about stopping the shame-game and giving you tools to get you back on your feet. This book starts off with a lot of empathy and understanding, which is refreshing. No one should feel shame for having bad credit. You can’t just put your life on hold while repairing your credit either. So this book helps the average person accomplish credit-related tasks with bad credit.
The narrators’ Chris and Geoff are hilarious and relatable as they share their experiences with bad credit and financial instability. According to the book, bad credit affects nearly 50% of the American population. Think about it! You definitely know someone who is living with bad credit. People may not be talking about their bad credit but it is affecting them. If you have bad credit you deserve to have access to affordable and safe housing, transportation, and a good job. This book helps you strategize ways to accomplish those goals.
This book is an easy and informational read with dozens of interviews tackling credit problems. The biggest thing this book does is it gives people with bad credit hope that their financial life isn’t ruined. The main theme of this book is you can live well with bad credit.
What I took away from this book is that credit is just as much about luck and privilege (if not more), as it is being financially responsible. Credit in my eyes is a social construct that doesn’t seem very fair, and this book was an excellent reminder of that.
If you are worried about your bad credit, definitely check out Living Well with Bad Credit.
Amber Robinson, Financial Education Coach