Category Debt

Payoff debt by making the minimum payments

Do you know how long it is going to take you  to payoff your consumer debt if all you pay is the minimum required? It all depends on the amount of debt you have. Let’s figure out how long it…

Symptoms of Financial Bondage

“God Is Faithful” Today – January 28th “Forgetting what is behind and straining towardwhat is ahead, I press on toward the goal to win the prize for which God has called me heavenward in Christ Jesus.” – (Philippians 3:13-14 NIV)…

Stay out of debt at Christmas

Do you want to learn to stay out of debt at Christmas? If you have not been saving for Christmas gifts throughout the year, then you will probably reach for the plastic (credit card) and charge the gifts you plan…

I don’t believe in debt and neither should you!

I don’t believe in debt and neither should you! Debt is the worst thing you can have. It robs you of many things. In the ’70’s, I received an almost full scholarship to attend a private college in California. Even…

Was the debt ceiling deal enough for families?

Was the debt ceiling deal enough for families? August 3, 2011 I’m sure you’ve heard by now that after weeks of political grandstanding, Congress raised the debt ceiling so that our country can continue paying for its current obligations. And…

In the words of Thomas Jefferson

“(W)ith respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay…

How to eliminate debt Part 2

Okay, so you’ve done the previous six steps. What’s next? If you downloaded the budget, you will see that it has a certain percentage of income that should go to each debt category. For example, housing is 38%. Keep in…