Last Month I had an opportunity to do a podcast interview with Jonathan White from jwfinancialcoaching.com. He was interviewing people who have become debt free and are living a debt free life. The link below will direct you to my story on how I paid off $37,000 and became debt free. I hope this gives you the motivation to start making changes to your financial future!
http://jwfinancialcoaching.
This is what we would see if we took a snapshot of America’s Finances
• 70% of households are living paycheck to paycheck
• The average credit card debt per household is $7,400
• The average car payment is $384/month for 70 months
• The typical household has a total debt of $38,000
The list above is normal and normal is Broke! It’s time for you to take control of your money and become financially weird. What do I mean by that? It’s time for you to get out of debt and to stop borrowing money. Most people are broke because they are in debt up to their eyeballs with no hope. I want to give you hope and help you get out of debt. I have gotten out of debt myself and I am here to teach and pass on my knowledge of living debt free.
Why do you need to get out of debt?
• To reduce financial stress
• Free up money so you can give more!
• Just to free up money (when you don’t have payments you have money)
• Help your marriage (number one cause of divorce is money fight and money problems)
• Have the ability to save more for retirement
• Post on my blog why you what to get out of debt
Getting out of debt and staying out of debt just isn’t my way of handling money, but it is Gods way of handling money. There are many Bible scriptures about money and the Bible is full of wisdom about our money and our finances.
Proverbs 22:7
The rich rule over the poor, and the borrower is servant to the lender.
It will take sacrifices and hard work to get out of debt but it will be worth it. Getting out of debt will give you security, reduce stress, improve your marriage (if you’re having financial tension in your relationship), and get you in a position so you can deal with money emergencies.
