Keys To Living Debt Free And Defeating The Debt Giant
Break Free from Debt: Your Journey Starts Here!
Author Don Nicely’s new book is not just another finance guide; it’s a personal journey and a practical toolkit designed to empower you to take control of your financial destiny. Don and his wife Susie have done just that and now live completely debt free! Here’s what makes it stand out. Are you tired of feeling like your debt is a giant looming over your life? You’re not alone! With over 80% of Americans grappling with various forms of debt—from high-interest credit cards to student loans—it’s a challenge that many people face today. But what if I told you that paying off your debt could be easier than you think?
Meet Don Nicely, your guide to financial freedom! In his eye-opening book, “How To Get Out Of Debt And Stay Out Of Debt,” he shares practical, innovative strategies that may surprise you. Imagine waking up one day, free from the weight of debt, and truly enjoying life without the financial stress. Sounds amazing, right?
Facing the Financial Reality
Let’s be real: the past few years have been tough. The COVID-19 pandemic has affected us all still all these years after it’s over, and while some countries are bouncing back, many of us are still navigating the economic fallout. Businesses are closing down around us, and everyday folks are feeling the pinch. But don’t lose hope!
Did you know that you could pay off all your debt in no time? Paying off debt is a lot easier than you think if you have the right plan.
It’s true that debt is a universal struggle among couples. High interest credit cards, hospital bills, or student loans, car payments — everyone knows the financial challenge. If you feel like you’re drowning in it, you’re not alone my friend. A recent study shows that over 80% of Americans are in debt.
So how do you get out of it?
Well, it just so happens that crushing your debt is a lot easier than you might think, as long as you have the right plan. It’ll take some work and dedication, on your part, but we’re here to help. Author Don Nicely has put together some clever ways you wouldn’t normally consider to help you crush your debt.
Imagine how great it will feel when you no longer have it looming over your head!
Your Plan to Conquer Debt
Don’s book isn’t just about theory; it’s a roadmap to reclaiming your financial future. Here’s what you’ll discover inside:
- The Truth About Debt: Understand how it affects your life and mindset.
- Slaying Your Debt Giant: Practical steps you can take to tackle your unique debt situation.
- A Sustainable Plan: Not just getting out of debt, but staying out for good!
Prepare for the Future
While we can’t predict every economic twist and turn, we can prepare ourselves for whatever comes our way. Whether it’s a looming recession or unexpected expenses, now is the time to take action!
Don’t let debt control your life any longer. Get your copy of “How To Get Out Of Debt And Stay Out Of Debt” today, and start your journey towards financial freedom!
You may wonder is there a complete economic collapse coming our way? Or we already seeing it happen in slow motion, right before our eyes?
Check Out What’s Inside…Introduction
What Does Debt Mean To You
This book will be focused on getting you out of debt and living a debt free lifestyle. There is obviously one thing in this world that I don’t recommend having more of, and that’s debt.
In this opening chapter I’ll show you six reasons why debt will seriously limit your life and your destiny.
Debt Always Means Some Kind of Risk
There are some people who believe debt can be a blessing to them because it can allow you to invest into something that increases in value. This is things such as a house or a business. They are always using the terms “leverage” and “other people’s money,” by which you use a small amount of your own money, along with debt, to achieve a larger financial result.
How To Get Out of Debt And Stay Out Of Debt
Now I must say these people do have a valid point. Many people even use debt on a daily basis to invest in real estate projects, new equipment for their business, and other things that you can use to actually produce an income over and above what the loan will cost them in interest payments. That is if it works out according to your plans.
But along with being in debt comes many risks. Even when you do use debt to invest in an income producing venture, the more debt you use, the more risks you will encounter.
Consumer Debt is the Worst
However, it’s much worse when you have debt and that debt isn’t tied to an item that makes you money. Specifically, I’m what I’m talking about is consumer debt, which is a completely different level of risk, and can be seriously detrimental to your life.
Ways To Stay Motivated To Get Out of Debt
So, what about consumer debt? It is the kind of debt that you have for things like cars, Big Screen TV’s, vacations, eating out at restaurants, clothes, and so forth. You know stuff that gets consumed and goes down in value or is used up very quickly. When your done it’s leaving you with nothing but a pile of bills and little or nothing to show for it.
Avoid Falling Prey to Marketing Hype
Why do people so easily take out a credit card and other consumer debt cards to buy these things that go down in value or get completely used up? It’s because we’ve all been taught to believe the false philosophy that “more is better.” Too many of us have fallen prey to the marketing hype that’s thrown in our faces every single day. We’ve been falsely led to believe that we need a brand-new car, or the latest gadget to enhance our life that’s out of date within a year. Please listen to me friends, we don’t need all the luxury brands to feel successful, but just simply live a normal life.
Never Use A Home Equity Loan to Pay Off Debt
To defeat debt, you have to realize that more is not always better. Think about this way.
Debt = Bondage = Problems
Now please listen to me and don’t get the wrong idea. I don’t have a problem with is having nice things. And I don’t believe God does either. I believe if you can afford to pay cash for nice things, there is nothing wrong with having them, that is within reason. But when you pursue the accumulation of stuff to the point that you are spending money that you don’t actually have. And you are going into the bondage of debt just to have those things, then you open yourself up to a number of problems. Spiritual problems as well.
The funny thing about all this is, nobody talks about some of the less obvious problems that come with consumer debt. And believe me there are all kinds of problems that can hurt your life in the biggest way if you don’t recognize them.
Debt, especially too much consumer debt, is like a form of bondage that limits your freedom. And if not dealt with properly it will ultimately keep you from living your best life. Let’s take a brief look at why that’s so.
Ways Consumer Debt Limits Your Life and Destiny
No matter how you look at it debt is a limiting force in your life. It causes you to live your life in such a way that your ability to pay your debt is a major consideration in every life decision that you have to make. It’s also a force that can negatively affect every single aspect of your life. And trust me the deeper in debt you are personally, the larger effect it has on you. Sometimes even to the point that it limits your ultimate destiny in life without you even realizing it.
You don’t believe me, do you? Well, you must have never been in debt. Let’s consider some of the consequences that debt can have on your life:
First Debt Can Limit Your Career Choices
I can’t tell you how many people I have talked to over the years as a pastor that hate their job. But they don’t feel like they can make a change because the job they have pays them well and keeps them from getting behind on their debt payments. They’d rather be doing “x” or “y” that suits them much better. When instead they would rather start their own business doing what they love. But unfortunately, their debt is a huge obstacle that keeps them right where they are, all because that meaningless job pays the bills.
Debt Keeps You From Being As Generous As You Want To Be
If you’re over committed to hundreds or even thousands of dollars of debt payments every month, you can’t use that money to do what what you want to, which means feeding people, or giving to the poor, providing for the church needs, etc. The less seed you have to sow, the less harvest you can reap. Go back and read my book on sowing and reaping. It’s book one in this series.
Debt Has The Power To Limit Your Future
Think about it, how many people do you know who can’t retire or even cut back on their workload as they get older? Over the years as a pastor, I’ve talked with lots of people in that situation, and the ultimate cause usually comes down too much long-term debt that they never seem to get rid of. They’ve spent decades of their lives feeding their debt and lifestyle instead of their retirement funds. Then they reach their 50’s or 60’s and realize they have literally wasted their future on too much restaurant food, too many new car payments, motorcycles, travel trailers, and a host of junk they didn’t need.
Debt Can Also Affect Your Spiritual Life
It’s a proven fact that too much debt can inhibit your relationship with God. I’ve already mentioned that it limits your ability to be generous with your money, which is very important spiritually. Debt can also limit your relationship with God because you have to work more hours and more days to feed the debt beast. You may have to even work on Sundays instead of going to worship services. You have less time to devote to spiritual development, volunteering, and other spiritual pursuits. Debt will cause you to have to work more and develop your own personal spiritual life less.
Debt Can Even Hurt Your Health If You have Too Much
We all know the problems that stress can bring upon your overall health in general. When we have large amounts of debt and have trouble keeping up with the payments it can be really stressful. And in the long term the results of that stress show up in high blood pressure, heart problems, depression, anxiety, and a host of other health issues.
Debt Also Hurts Your Family Relationships
We’ve been told by the experts repeatedly over the years that debt and financial issues are one of the biggest causes of divorce. It also has an effect on your kid’s development when they don’t see Mom or Dad enough because they have to work so much to keep the debt train rolling. Debt my friend is bad for families, period.
When It Comes To Debt: Less is More, None is Best
Listen, if you have debt, don’t feel too bad, it’s very easy to fall victim to the debt trap, especially here in the U.S. where we’re bombarded with over 3,000 marketing messages every day. The problem we have is many financial gurus teach more about managing debt than they do about getting rid of it. Too me that’s kind of like trying to manage a wildfire instead of putting it out completely. When it comes down to it, you have to decide what kind of life you want to live on your short stay on this earth. Once you finally realize that when it comes to debt, less is more, and none is best, then you can start changing your life for good. Now we are going to move on to some tactics to make the dream of getting rid of all debt a reality in your life if that is what you want. First let me ask you whose slave, are you?