HERE’S A COPY OF THE MEDIA RELEASE I SENT TODAY

A new book aims to help people facing debt problems, whether or not they were caused by Christmas overspend. Its author Michael MacMahon says: “it doesn’t matter what was the cause of your debt problems; I believe that the principles for deciding on, and implementing, the best solution are the same.”

Back to the Black … how to become debt-free and stay that way has just been published in a totally new edition. It has a foreword by Simon Read, Personal Finance Editor of The Independent newspaper.

The book’s author says: “It is for those worried about debt and wanting to know how to manage the situation. After reading Back to the Black you will feel more confident of your ability to handle your debt situation…and you’ll have a plan for doing so.

“You’ll learn how to fix a repayment schedule that’ll shorten the time until you are debt-free; and discover some simple ways to track your spending while still enjoying life.”

The four things you’ll learn from reading Back to the Black:

• How to set a realistic debt-management goal
• How to evaluate your current financial situation and to communicate with your creditors
• How to choose between three basic debt-management strategies and then act on that decision
• How to deal with the stress caused by debt problems

The book also provides a comprehensive Resources section, which shows where to find free debt advice and support.

Back to the Black … how to become debt-free and stay that way is published in paperback and digital formats by Silverwood Books Ltd of Bristol. The print version is available from all large online retailers, and to order from most bookshops. The digital version is available for kindle, kobo and nook readers.

Michael J MacMahon is an author, coach and speaker. Previously a company director in the chemical industry, he was also a training provider and a media spokesman for a major health charity. He is based in Bristol.