Debt is Dumb

I dispise debt. If you're a frequent reader of this blog, you already know that.

Earlier this year, my wife and I took a good sized sum of money that had come into our possession, and followed Dave Ramsey's steps to paying off debt and saving for the future. His Seven Baby Steps are easy to understand, and with a good dose of determination, they will get you out of debt.

It took several weeks of hunting down change to pay bills before I got, as Dave says, "Sick and tired of being sick and tired." Once a person reaches that point, they become determined to end their debt slide, and work toward freedom.

For some, this means getting a second job, or an entirely new and better paying job. For us, it meant throwing everything we had at our debt, regardless of where it came from.

We could have easily blown that large amount of cash and left our debt in place. That's what most people would have done. But, we understood the truth of Proverbs 22:7 where it says "...the borrower is the slave of the lender."

When you are in debt, you lose a great deal of your freedom, even though we live in the country devoted to personal freedom. When debt is a part of your life, you are forced to sacrifice some of who and what you are in order to pay someone else. In the words of Proverbs 22:7, you are forced (like a slave) to work for your lender before you can work for yourself.

Take my advice, get yourself out of debt. Or, if you have never been in debt, steer away from it. You don't need that brick placed on your shoulders.