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


“In this day with the economic situation still putting people on edge, this book gives a lot of information. The sections cover causes, approaches, and even how to reduce stress caused by debt. It is not a hopeless situation as you learn to face the facts of current situation and then three plans on how to deal with it. It even has a last section on how to stay out of debt and resources.”

“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.”

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 useful handbook for living within your means.

This is a been there, done that, got the T shirt book. In other words its written by someone who knows the issues and learned to deal with them.

 Worth the small change it costs to put it in your library and read it in a spare moment when you cannot afford to go down the pub.”

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.