Becoming debt free is a journey, and not just a destination. In my opinion if you’re in the middle class you will constantly battle with debt. Is debt necessary? Not necessarily. Look at the poor and the rich. The poor doesn’t have the means to have debt, and the rich know how to make debt work for them. With this struggle comes an opportunity to trust God more and communicate ever more with your companion. Communication both above and with the one you trust can not only bring comfort, but also growth towards a debt free me. As the wedding date gets closer, I realize that the balance on the Barclay’s card is going to fluctuate up and down. If the balances on all the other debts goes down, then that is still progress. You must find moments of encouragement and understand you are making progress to debt freedom.
I’ve continued to follow my process, and I’d be glad to share my process with you in the contact me section. I believe if you follow the process not only will you have an increase in your savings, and still reduce your debt. The order is very important, and you must follow the process in order. This month I’ve continued to save, but also my fiancé and I have continued to grow our business. We were able to sell one of our products. I encourage you to not just pay down debts, but also acquire assets and increase income. The mistake I made was paying down debt and not increasing income. If not used properly, you lose one of your most valuable assets, which is time.
“Committed and persistent work pays off; get-rich-quick schemes are ripoffs.”
Proverbs 28:20 MSG.
My mindset has also found validation through the Slight Edge by Jeff Olson. Below is a YouTube link to an animated book review:
Have someone to discuss your debt reduction strategy with, and if you need a financial check-up contact me.
The rich ruleth over the poor, and the borrower is servant to the lender.
I believe in your journey to….
A Debt Free Me