Eight Huge Benefits of Becoming Debt Free

26 11 2018

My wife and I have been practicing debt-free living for years now.*  I say practicing because it takes discipline to reach and discipline to maintain.  So here are eight encouragements or benefits that we have discovered when it comes to debt-free living.

1. Freedom: My wife and I feel so free – free to give, free to purchase and free to save for the future.  We have more money to do these things rather than being enslaved to and feeling the pressure of our debt.

2. Ownership: Owning your car or your house is an amazing feeling that continues the feeling of freedom.  You will have less stress in your life.  Who doesn’t desire less stress?

3. Agreement: You will have and discover a greater sense of agreement in your marriage and your family.  If you’ve agreed to become debt free and you reach that goal, what else can you agree about and reach?

4. Children: Your children will see you more often. You will not feel required to sign up for all the overtime you possibly can.  And besides, you’ll be an amazing financial example to your kids, your family, your friends and your neighbors.  If you can do it, you’ll be helping them to believe they can too.

5. Opportunity: Becoming debt free automatically provides better opportunities to give more money away, to help someone in need.  Rather than feeling that feeling of tightness, you will be looking for and watching for investment opportunity to increase your finances and have the cash to do so.

6. Security: You will be and feel far more secure. Debt increases the feelings of insecurity and rightly so.  You may be one last paycheck from disaster with an ongoing debt load.  While being debt free there is far less fear of financial disaster and crisis.

7. Servant: The Scriptures tell us that the borrower is a servant to the lender. Whose servant are you?  To be debt free is to not be encumbered by enslavement to another. You are literally no longer enslaved to your job or the next unexpected car repair or house repair bill.

8. Savings: You will grow a savings account and an emergency fund faster.  Your retirement savings fund will grow faster.  Your college fund for your children can grow faster.  Every savings fund can realize increase when you are no longer borrowing and having to pay back another co-owner with interest.

And if all that’s not enough to convince you, how about this?  You will have less arguments over money in your life.  If married, you and your spouse will enjoy less financial disagreement and more financial agreement.  You’ll have more resources for eating out along with short and long-term vacations or mission trips. Living debt free loosens what has been wound tight for so long.  Purpose in your heart today and begin taking steps to become debt free.  You’ll never regret it.

*A point of clarity concerning living debt-free is investment for growth. Some consider investments that grow in value, like real estate, to not be debt.  I would consider it debt with the opportunity for growth/gain in value or perhaps “good debt.”

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Celebrating a Week of Thanksgiving

19 11 2018

This is the week that America sets aside as a time of giving thanks.  Why is that?  Two past presidents of the United States made very specific declarations.

The National Thanksgiving Proclamation was the first formal proclamation of Thanksgiving in the United States. President George Washington declared Thursday, November 26, 1789 as a day of public thanksgiving and prayer.

And then President Lincoln proclaimed in 1863 during the American Civil War, a national day of “Thanksgiving and Praise to our beneficent Father who dwelleth in the Heavens,” to be celebrated on the last Thursday in November.

What a wonderful heritage we enjoy from these important proclamations of honoring our Creator through a spirit of thanksgiving.

However much earlier, Paul the Apostle wrote in I Thessalonians we are to…”give thanks in all circumstances.”  He knew that giving thanks was a form of joyfulness.  That giving thanks actually lifts our spirits and that giving thanks connects us to God.  He knew that a spirit of thankfulness is healthy for our minds, our physical health and our emotional health.  I believe he also knew that thankfulness and gratitude help us in our relationship with God and others.  How so?

Someone once said when we lose our thankfulness toward God, we begin to focus on what we feel God has not done and ultimately miss what He is doing.  Could that also be true of our earthly relationships? When we stop being thankful for those around us, we could begin to focus on how they have disappointed us or how they frustrate us. 

A spirit of thankfulness is contagious.  What are you thankful for today and how can each of us maintain a spirit of giving thanks in all things as a lifestyle?  Let me begin with saying I am thankful for those of you who take the time to read my blog!





Dead Relationships Verses Living Relationships

12 11 2018

How much energy do you spend thinking about or trying to correct dead relationships?  Perhaps you have a failed relationship from the past, a really bad break-up or even a divorce.  In so many of these cases there is simply not a way to relieve the guilt or the false guilt one may feel.  We can find ourselves playing mental gymnastics in order to somehow convince ourselves it will possibly one day work out.

 

Perhaps the very thing we need to do is to stop misplacing time and thought into a former relationship that is not to be resurrected and place that energy appropriately into my present relationship.  To work toward building a stronger foundation and a deeper connection to my friend or my spouse rather than wasting time wishing that some past relationship would have worked out differently cannot only be productive, but rewarding as well.

 

Begin by praying about how you can better care for your friend.  Put energy and thought into how to better love the person you are married to. Try daydreaming and fantasizing about your wife or your husband.  To allow past, dead relationships your precious time just might be robbing, stealing in fact, from your present friendship or marriage relationship.  And that might be considered cheating.





Creating a Marriage Story

5 11 2018

What is your marriage story? How did you meet and how did you know when you fell in love?  What were the things that brought you together?  As you identify your marriage story and what brought you together, you can also identify the things that will keep you together.

 

You can start by asking just what were the qualities that attracted us to one another?  What made our courtship worth pursuing?  What differences did we encounter in that early season of our relationship and how did we deal with them in order to continue building our marriage story?

 

These questions and more can help you to create your marriage story.  Someday when your children ask you how you met or why mommy married daddy, you’ll be able to share your story with them.  They’ll love hearing their parents’ personal marriage story and it will provide a wonderful aspect of security to them

 

Further, consider this assignment: both husband and wife take the time to write out a list of the ten best traits that we each admired about one another when we said, “I do.” Many years ago Mary and I did this and then placed that piece of paper in our wallets.  On different occasions we have pulled out that list of ten reasons to remind ourselves of our call together and the reasons we fell in love in the first place.








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