Comments on: Want Out of Debt? Here’s What it Takes! http://christianpf.com/tips-advice-on-getting-out-of-debt/ Christian Personal Finance - Financial help blog, debt help and other financial resources Tue, 14 Feb 2012 21:22:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Martin Kerssens http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-49641 Martin Kerssens Sun, 27 Jun 2010 20:55:24 +0000 http://christianpf.com/?p=5687#comment-49641 I just read this article, and I must say it really points out the reality of being in debt and what it takes to change one's position in life. Great article John. Thanks, Martin I just read this article, and I must say it really points out the reality of being in debt and what it takes to change one’s position in life. Great article John. Thanks, Martin

]]> By: Mike Ramsey http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-26563 Mike Ramsey Wed, 24 Mar 2010 17:26:30 +0000 http://christianpf.com/?p=5687#comment-26563 Excellent article. I particularly like the comparison of wishing you were out of debt and busting your butt to make sure it happens. Lots of people wish they were out of debt, but aren't willing to make any changes, let alone major ones, to reach that goal. I think that lack of willingness to give some things up is a problem on a larger scale too - it's partly why we're having such problems with the economy right now. Excellent article. I particularly like the comparison of wishing you were out of debt and busting your butt to make sure it happens. Lots of people wish they were out of debt, but aren’t willing to make any changes, let alone major ones, to reach that goal. I think that lack of willingness to give some things up is a problem on a larger scale too – it’s partly why we’re having such problems with the economy right now.

]]> By: Jose@Christian Business http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-26158 Jose@Christian Business Mon, 22 Mar 2010 06:36:30 +0000 http://christianpf.com/?p=5687#comment-26158 "It’s worth it. Are you ready to take the plunge into financial freedom?" Yes, with God's help I believe I will get there. Thanks for this useful post. Jose “It’s worth it. Are you ready to take the plunge into financial freedom?”

Yes, with God’s help I believe I will get there.

Thanks for this useful post.

Jose

]]> By: Terry http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-25704 Terry Fri, 19 Mar 2010 15:43:25 +0000 http://christianpf.com/?p=5687#comment-25704 I have a poverty-level income, $6K in student loan debt, and monthly student loan payments nearly 10 percent of my income, with minimal progress toward loan payoff. I am earning a subsistence living buying and reselling sinful goods on ebay. What would Dave Ramsey say? I have a poverty-level income, $6K in student loan debt, and monthly student loan payments nearly 10 percent of my income, with minimal progress toward loan payoff.

I am earning a subsistence living buying and reselling sinful goods on ebay.

What would Dave Ramsey say?

]]> By: John @ TheChristianDollar.com http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-25364 John @ TheChristianDollar.com Wed, 17 Mar 2010 17:13:15 +0000 http://christianpf.com/?p=5687#comment-25364 Thanks to all of you for your thoughtful comments! Shirley, I can understand your enthusiasm in paying off your debt! I think the fulfillment can't be understood until you've actually been there. Great job! gn, I totally agree that we need to understand how we got into debt in the first place. Understanding our behavior is really a key for not backsliding. I hear you on the prayer part! We incorporate that into the whole process. Thanks for reading! Mitch Ebie, I appreciate your straight-forward honesty. Change is difficult. Sometimes we need a mentor or friend that can motivate us to make that difficult change. Surround yourself with people who embrace your goals, and you'll make it! I think you're headed on the right track . . . keep up the good work! lencib, it's okay to put everything on pause to buy transportation. But my question is, how much money are you planning on spending on a vehicle? It shouldn't take you very long to save up for a set of wheels. Be in constant communication with your husband and once you get a reasonable car (try to limit it less than $3,000 for example), get intense on the debt! You need to be on the same page to win! Hey, thanks for reading! I look forward to hearing about your progress soon. Write me sometime! The Rich Blog, great summary! Nan, great money-saving tips! I think you hit an important point. We need to make sure that we enjoy life too. Don't get so intense that you get discouraged and give up. Treat yourself OCCASIONALLY, but don't act like you're rich! Hey, thanks for reading, and if you're looking forward to more articles, please sign up for a free subscription at thechristiandollar.com/subscribe. Thanks! Mike, you're right, determination is key. We all have to ask ourselves how badly we want out of debt. That passion will lead to action. Thanks for your compliment! Thanks to all of you for your thoughtful comments!

Shirley, I can understand your enthusiasm in paying off your debt! I think the fulfillment can’t be understood until you’ve actually been there. Great job!

gn, I totally agree that we need to understand how we got into debt in the first place. Understanding our behavior is really a key for not backsliding. I hear you on the prayer part! We incorporate that into the whole process. Thanks for reading!

Mitch Ebie, I appreciate your straight-forward honesty. Change is difficult. Sometimes we need a mentor or friend that can motivate us to make that difficult change. Surround yourself with people who embrace your goals, and you’ll make it! I think you’re headed on the right track . . . keep up the good work!

lencib, it’s okay to put everything on pause to buy transportation. But my question is, how much money are you planning on spending on a vehicle? It shouldn’t take you very long to save up for a set of wheels. Be in constant communication with your husband and once you get a reasonable car (try to limit it less than $3,000 for example), get intense on the debt! You need to be on the same page to win! Hey, thanks for reading! I look forward to hearing about your progress soon. Write me sometime!

The Rich Blog, great summary!

Nan, great money-saving tips! I think you hit an important point. We need to make sure that we enjoy life too. Don’t get so intense that you get discouraged and give up. Treat yourself OCCASIONALLY, but don’t act like you’re rich! Hey, thanks for reading, and if you’re looking forward to more articles, please sign up for a free subscription at thechristiandollar.com/subscribe. Thanks!

Mike, you’re right, determination is key. We all have to ask ourselves how badly we want out of debt. That passion will lead to action. Thanks for your compliment!

]]> By: Mike http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-25261 Mike Wed, 17 Mar 2010 03:29:50 +0000 http://christianpf.com/?p=5687#comment-25261 I never get tired of reading good posts about getting out of debt. I also agree that it takes a lot of focused intensity. You have to go into it with a mindset and determination. Anything less and it's too easy to go back to bad habits. I never get tired of reading good posts about getting out of debt. I also agree that it takes a lot of focused intensity. You have to go into it with a mindset and determination. Anything less and it’s too easy to go back to bad habits.

]]> By: Nan http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-25201 Nan Tue, 16 Mar 2010 19:57:29 +0000 http://christianpf.com/?p=5687#comment-25201 Great Article. I found that my Voluntary Simplicity helps with keeping my needs & wants from overtaking my finances. First thou - I always pray on it and the Lord always sends me in the right direction (if I listen, lol)! To still enjoys small things like lattes, frappes, movie theather popcorn, etc. is to invest in a home machine (ebay @ a fraction of the cost) and make them at home. It cost about 1/4 of buying out does. So you can still enjoy life while you cut back, just think outside the box and find it discounted out there. And earning a second income is a must, atleast temporary, to help get out of debt. Now I am just trying to put a years living expenses aside. I will look forward to more helpful articles Great Article. I found that my Voluntary Simplicity helps with keeping my needs & wants from overtaking my finances. First thou – I always pray on it and the Lord always sends me in the right direction (if I listen, lol)! To still enjoys small things like lattes, frappes, movie theather popcorn, etc. is to invest in a home machine (ebay @ a fraction of the cost) and make them at home. It cost about 1/4 of buying out does. So you can still enjoy life while you cut back, just think outside the box and find it discounted out there. And earning a second income is a must, atleast temporary, to help get out of debt. Now I am just trying to put a years living expenses aside. I will look forward to more helpful articles

]]> By: The Rich Blog http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-25093 The Rich Blog Tue, 16 Mar 2010 07:14:49 +0000 http://christianpf.com/?p=5687#comment-25093 Great Article John, It's basically: no pain - no gain! Great Article John,
It’s basically: no pain – no gain!

]]> By: lencib http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-24983 lencib Mon, 15 Mar 2010 18:27:45 +0000 http://christianpf.com/?p=5687#comment-24983 We've had it with debt, but my husband and I aren't on the same page as far as getting intense about getting rid of the debt. Mainly because we've been saving money for a car...and once thats out of the way we will have more money to focus on debt. If we got intense about it we wouldn't be able to save for the car. Which I need to get a job! We’ve had it with debt, but my husband and I aren’t on the same page as far as getting intense about getting rid of the debt. Mainly because we’ve been saving money for a car…and once thats out of the way we will have more money to focus on debt. If we got intense about it we wouldn’t be able to save for the car. Which I need to get a job!

]]> By: Mitch Ebie http://christianpf.com/tips-advice-on-getting-out-of-debt/comment-page-1/#comment-24976 Mitch Ebie Mon, 15 Mar 2010 17:42:45 +0000 http://christianpf.com/?p=5687#comment-24976 Great article, John! You are right, it all boils down to the decision of the one in debt. Like 'gn' said above, the issue has to be identified, otherwise it is very easy to fall back into the same routines. And, yes, prayer is crucial. Personally, I need to come to the realization that the situation is not good and I just cannot stand it any longer. It takes a real jolt of my nervous system through a watershed kind of moment for me to actually change my heart and head. For example, a seminar facilitated by Dave Ramsey or another financial planner is often what it takes for me to change. Other times it may only take a long discussion with a friend that has changed the way they live. Change is uncomfortable, but that is exactly what it takes to undo all the incurred debt that was the result of so many years of comfort. Great article, John! You are right, it all boils down to the decision of the one in debt. Like ‘gn’ said above, the issue has to be identified, otherwise it is very easy to fall back into the same routines. And, yes, prayer is crucial.

Personally, I need to come to the realization that the situation is not good and I just cannot stand it any longer. It takes a real jolt of my nervous system through a watershed kind of moment for me to actually change my heart and head. For example, a seminar facilitated by Dave Ramsey or another financial planner is often what it takes for me to change. Other times it may only take a long discussion with a friend that has changed the way they live.

Change is uncomfortable, but that is exactly what it takes to undo all the incurred debt that was the result of so many years of comfort.

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