Dr. Obioma Anukwuem is a respected hospitalist with OptiMed at Iredell
Memorial Hospital with nearly 20 years’ experience. That's why
his story of debt may come as a surprise to patients and colleagues who
read his newly published book. At one point in his career he found himself
nearly half a million dollars in the red. In his book titled
Debt: Slavery in Disguise, Dr. Anukwuem shares how he got rid of the debt in a three and a half
year period, and how others can achieve financial freedom as well.
"Debt enslaves us. It keeps us in bondage," Dr. Anukwuem said
as he explained the book's title. "When we’re in debt we
always think about it. It steals our peace of mind. If not tackled, it
only gets worse."
Dr. Anukwuem said he made the same mistakes which cause money problems
for many Americans. He thought he was buying into the American dream,
purchasing a new home, leasing cars and charging purchases to credit cards.
Before he knew it, his debt ballooned to nearly $500,000.
"People say - He’s rich because he drives a fancy car,"
Dr. Anukwuem said. "They don’t ask, how much does he owe? But
you have to understand the concept of net worth. When we started this
process, our net worth was negative."
To get out of debt and remain debt free, Dr. Anukwuem said he and his family
had to change their mindset when it came to money matters. The lessons
he learned compelled him to write his new book, which includes his plan
for paying off debt and building net worth. He also drew on his experience
as a physician in order to help people approach financial challenges.
"We set short term goals. We never wanted to look at the big picture,"
Dr. Anukwuem said.
"Like I tell my weight patients, don't look at the 40 or 50 pounds
you want to lose, that will make you feel overwhelmed. If you set short
term goals, before you know it, you see the results."
The community is invited to attend a book signing event on November 17
at Barnes and Noble bookstore at Birkdale Village in Huntersville at 7 p.m.
Debt: Slavery in Disguise is now available in paperback, hard cover and Kindle versions on Amazon.com,
BarnesandNoble.com and Xlibris.com.