Are you looking for help getting out of debt?
Great, I think you have come to the right place. At the time of this writing, I am right there with you on this journey to break free from the “slavery” that the Bible calls debt (Proverbs 22:7). It is not easy, but it also isn’t that difficult either. Over the last two years my wife and I have paid off nearly $30,000 in consumer debts from some mistakes that we made in the past.
The 7 steps that I am going to take you through are things that we did to pay down our debt or we would have done if we had the opportunity. Each article is fairly long, so if you would like you can download it in eBook form as well.
If you are serious about getting out of debt, I recommend that you read each article, even though the first two are a bit less practical than the last five. I believe that they the first two include the keys to successfully getting out of debt.
The 7 Steps to getting out of debt
- Getting out of Debt (Step 1) – It’s not about you
- Getting out of Debt (Step 2) – Open your mind
- Getting out of Debt (Step 3) – Creating a balance sheet
- Getting out of Debt (Step 4) – How to quit spending
- Getting out of Debt (Step 5) – 15 ways to cut expenses
- Getting out of Debt (Step 6) – Make sacrifices
- Getting out of Debt (Step 7) – Debt Snowball
If you go through these articles and just do some of the stuff mentioned, you are going to be in much better financial shape than you were before. But, I recommend that you sit down with each article and really spend some time with it. The last five articles are going to require some actions on your part. So, spend a couple weeks and make getting out of debt your new hobby and work hard at it! You will be rewarded for your efforts!
Other resources to help you get out of debt
I have written quite a bit about debt on this site, since I have been trying to break my way out of it myself. These are a few other articles that might be worth reading…
- Why you should get out of debt
- The Bible and Debt
- Learn how to say NO to yourself!
- How to make a budget
- Christians and Debt
- 6 Tips for a debt free Christmas
- Money doesn’t solve money problems
- How to quit spending more than you make
Remember, while I think you should read as much as you can to become informed, it isn’t about how much you learn, but how much you apply. So read up, learn how to do it, and get after it!!