My book “Back to the Black: how to become debt-free and stay that way” is based on my own experience of a debt crisis. I faced the very real possibility of bankruptcy but I found another solution.

The latest edition (January 2015) is available from all large online retailers and to order from most bookshops. The digital version is available for kindle, kobo and nook readers.


Praise for Back to the Black


This book is written using the very useful resource of first hand experience which makes it very poignant and useful. The three approaches to escaping the downward spiral of the effects of debt are practical and easy to follow. It is written with humour and gives the reader the comfort that they are not alone in experiencing the misery that financial problems can bring.

Have you ever had debt?

If the answer is yes then you need this book. We all had (at least most of us) periods in our lives where money was tight. This book doesn’t just help dealing with those days when you are in them but helps preventing them from coming back.

Certainly he has great experience and he is a good communicator.

“Written from the author’s own bitter experience, ‘Back to the Black’ has a readability rarely seen in this genre. Although intended for those suffering financial crisis, it is written with a ‘glass half full’ attitude and is jam packed with such useful information and sound advice that I could recommend it to anyone.”

A book that could just save your sanity.

With the present economic situation, all too many people are finding their finances are falling apart. What is important is not to to keep pretending its not happening. This is the book to help you face up to reality and start your journey back to financial stability. It is full of practical ideas, information, options and tools that will help you. Amongst these tools are appendices that contain helpful guides as to how to write to your creditors.

Let’s hope you never need the advice in this book. However, whether you’re already there or not, it is well worth while gaining the knowledge to be found here to help you.

“The banking crisis ensured that money would grab most of the headlines around the world in recent times. People are, of course, affected by the actions or non-actions of politicians and regulators but also by poor decisions in the management of financial institutions. They are affected by job security, property values, investment returns, and business trends. Individuals may themselves make poor financial decisions. They may not control their own financial present and future.

“Michael MacMahon’s “Back to the Black” is written by someone who has been there and got the T-shirt. His philosophy is not to look to blame but to emphasise the importance of taking charge. For those who want to learn how to manage their own budgets, or who are fearful they are not doing so, this is a must-read. Michael does not claim to have all the answers but he believes that most of the answers lie within our control.”