Here is my Dave Ramsey debt free scream: “Wee’rreee Deeeeeeebbt Freeeeeeee!!!!” Since we have been married we have been paying off our debt and we were able to see that come to fruition last month….hopefully, never to go back!
Why debt free you say? Glad you asked! The Bible has a lot to say on money and to be the best stewards of God’s money, we are trying to follow God’s principles and follow what His word says! Here are two principles out of the tons of verses on money in the Bible.
Live Debt Free!
We are not to be in debt to anyone…
Romans 13:8 “Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.”
…if we are in debt, we are in bondage as servants…
Proverbs 22:7 “The rich ruleth over the poor, and the borrower is servant to the lender.”
…and yet we can only serve one master…the Lord Jesus Christ!
Matthew 6:24 “No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.”
Be a Saver!
We are to prepare in the good times for the bad times…
Proverbs 6:6-8 “Go to the ant, thou sluggard; consider her ways, and be wise: Which having no guide, overseer, or ruler, Provideth her meat in the summer, and gathereth her food in the harvest.”
…not spend everything we have…
Proverbs 21:20 “There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.”
…and we will have plenty!
Proverbs 21:5 “The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.”
There are tons more principles that I would love to go into but won’t in this post.
Benefits: Being debt free will allow us to save money, not hinder us by being in financial bondage, and we can to give like we want to!
How we got started: One thing that has helped us to get on track is we started listening to Dave Ramsey’s podcast and read his book “The Total Money Makeover.” We started following the baby steps and advice he mentions in the book and now we are on baby step three! (Read the book to find out what that means!)