It’s time for another “Book Blessings” video… whether you’re needing to pay off debt — or just wanting to build up a savings account and an emergency account, this book can be very helpful for you and your family’s financial management.
Today, I’m sharing my book review for Debt-Proof Living: How to Get Out of Debt and Stay That Way (my referral link). This is one of THE BEST financial management books that I’ve ever read. I HIGHLY recommend it! I read it to my youngest son for his junior year in high school as we discussed finances and money together.
Mary Hunt has an excellent perspective on how to manage money — saving, spending and investing it. This practical guide is worthy of it’s investment, from my own opinion.
Debt-Proof Living: How to Get Out of Debt & Stay That Way (my referral link)
11 Ways to Get Out of the Debt Trap (pp. 53-56) (Main points only)
- Get Serious (Commit; know your why)
- Become a giver (I give my 10% tithe — this Biblical plan ALWAYS, ALWAYS, ALWAYS works)
- Start saving
- Start tracking
- Know what you owe
- Design a plan (Mary Hunt helps you with designing this plan in her book)
- Know what you own
- Have a sale
- Incur no new debt
- Look for a solution
Weekly Bible Verse:
“Moreover it is required in stewards, that a man be found faithful.” – I Corinthians 4:2 KJV