As I mentioned in yesterday’s post, my wife and I just celebrated our fifth year of living debt free. Here’s how our decision to get out of consumer debt changed our lives: We do not pay interest. We earn it. This one is pretty obvious. Instead of paying interest to various credit card companies or financial institutions, we earn interest…
Category: Motivation
More Than Just The Numbers
Sometimes, money management is about the numbers, the percentages, and the rates. Often, however, it is about attitudes, choices, and behaviors. When it comes to staying motivated, and moving forward, here’s what works for me: I consult the Scriptures and pray about our finances. As a Christian, every area of my life is important to Jesus, including my family’s finances. …
Use The Debt Reduction Mindset To Save For Future Purchases
Determined. Back when I was getting out of debt, I was the very definition of determined. I worked hard, extremely hard, to stay on budget, earn extra money, and rapidly pay down my debts. Once I paid off my debts, I remained determined, and worked hard to fully-fund my emergency fund. I also worked hard to fund retirement and education…