Money Management
The grass may be greener on the other side but peer pressure can be a positive motivator to refrain from keeping up with the Jones, staying out of debt, and getting of debt. We see recently our own government's reliance on credit to fund bills--including bills meant to aid the economy. We may expect the media to try to sell us stuff we don't really need, but to hear our nation's leaders urge us to spend and then go into debt to stimulate an ecomony in poor condition because of poor credit choices is unfortunate and confusing.
Kizze introduced me to Dave Ramsey and while I haven't finished Financial Peace Revisited yet (hey, it's nonfiction!), I have found him to have sound principles that also coincide with my religion.
I'm watching The Dave Ramsey Show and am enjoying hearing the stories from your average middle classman/woman on how they became debt-free. The show offers positive support for people in financial distress. These are people who make relatively small sacrifices in their daily lives. It may be a big deal to go without certain food products or nice things. However, with an eternal perspective these things really aren't that important.
There is so much pride and joy in the voices of the people who share their stories. Some stories sound miraculous and a little impossible, but the fact that they are true offers hope to all for getting out of debt. One guy paid off $95K in a year. Another lady $87K in a year. One family sold its nice pickup truck and bought a more practical vehicle to become debt-free. Another sold off a nice chunk of investments to pay for his huge amount of debt (what does it matter if you have all this money saved or tied up in investments when you have close to $100K in debt?).
How can a viewer not share in this joy and hope? If you're feeling lost in the maze of consumerism or trying to live up to the Jonese, I recommended checking out Mr. Ramsey.
The grass may be greener on the other side but peer pressure can be a positive motivator to refrain from keeping up with the Jones, staying out of debt, and getting of debt. We see recently our own government's reliance on credit to fund bills--including bills meant to aid the economy. We may expect the media to try to sell us stuff we don't really need, but to hear our nation's leaders urge us to spend and then go into debt to stimulate an ecomony in poor condition because of poor credit choices is unfortunate and confusing.
Kizze introduced me to Dave Ramsey and while I haven't finished Financial Peace Revisited yet (hey, it's nonfiction!), I have found him to have sound principles that also coincide with my religion.
I'm watching The Dave Ramsey Show and am enjoying hearing the stories from your average middle classman/woman on how they became debt-free. The show offers positive support for people in financial distress. These are people who make relatively small sacrifices in their daily lives. It may be a big deal to go without certain food products or nice things. However, with an eternal perspective these things really aren't that important.
There is so much pride and joy in the voices of the people who share their stories. Some stories sound miraculous and a little impossible, but the fact that they are true offers hope to all for getting out of debt. One guy paid off $95K in a year. Another lady $87K in a year. One family sold its nice pickup truck and bought a more practical vehicle to become debt-free. Another sold off a nice chunk of investments to pay for his huge amount of debt (what does it matter if you have all this money saved or tied up in investments when you have close to $100K in debt?).
How can a viewer not share in this joy and hope? If you're feeling lost in the maze of consumerism or trying to live up to the Jonese, I recommended checking out Mr. Ramsey.
2 comments:
Christy said...
See? We don't need to depend on the economy completely!! How wonderful not to depend on someone else for money and making and saving enough for us.
Where do you get the show? I haven't seen the show!
dmaismith said...
It was on Fox Business Network--FBN. Yeah I was flipping channels and ran across it.