I am 21 years old and I getting ready to graduate from UCR next week with a degree in math. Over the last 4 years i have accumulated almost 6,000 dollars in credit card debt on 6 different cards. After reading The Automatic Millionaire, I was motivated to get that down and keep it down so I can buy a house when I start my job this summer. In a matter of 1 week and calling all of my credit card companies a number of times, I have consolidated all of my debt onto one card where my interst rate is 0 until march of 2007. This is down from interst rates as high as 24% on some of my department store cards. Now I am able to make a 250 dollar payment every month on my 0% card and still have money left over that I have automatically tranfered into a money market account where I am earning 4.5% a year. I have already down the research on my employeers 401 k plan and filled out the paper work for a 10% tranfer every month when I start in june. I would have never done any of this if I hadn’t read the book. Now I am trying to pass on my new knowledge to my parents who still do not have a savings account and only put 50$ a month into their 401 k plan. I will keep you posted on my progress with them. thank you so much for opening my eyes to my debt problems when I still have time to fix them and finish really rich.