is estimated that 90% of all divorces are a direct or indirect result of money
-husbands and wives and families financially destroyed by debt - is always devastating.
Many even end up tragically.
we experience problems like those, we try to patch them over with something that
can ease our pain quickly, rather than trust in Him and rely on His provision.
But that only feeds the root problem. It never solves anything.
are some tips:
Compounding works against you. Compounding can enlarge your investment amazingly
over time. But the same principle can work against you - when you're
the one who must pay the growing interest.
Getting in debt is easier than getting out. If you're overspending by $1,000
a year, then you must not only stop overspending, but also start paying it back
with interest. That's difficult. But it can be done, little by little over a long
Debt mortgages the future. Because of the interest payments you must make,
you are sentencing yourself to a lower standard of living in the future.
Debt robs you of the freedom of choice. You have an obligation to repay -
it becomes your number one financial priority.
than using debt to solve our problems - and finding ourselves in greater jeopardy
than before - He invites us to place ourselves in His hands.
Take a financial physical checkup. Establish a finish line. Plan how to get from
here to there.
- a symptom of much deeper problems - keeps us from experiencing His best for
us and our families.
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