If You Want To Win With Debt, Do This

by Derek Clark

My son, if you have put up security for your neighbor, if you have struck hands in pledge for another, if you have been trapped by what you said, ensnared by the words of your mouth, then do this, my son, to free yourself, since you have fallen into your neighbor’s hands: Go and humble yourself; press your plea with your neighbor! Allow no sleep to your eyes, no slumber to your eyelids. Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler. Proverbs 6:1-5

Cheetah = Debt

Gazelle = You

Run!

Dave Ramsey calls what you need to get out of debt gazelle intensity. In our society it is easy to wander into debt, but it is really hard to wander out of debt. If you really want to win with debt, you are going to have to work hard. The Proverbs say to allow no sleep to your eyes, no slumber to your eyelids. Free yourself like a gazelle from the hand of the hunter. Did you see that gazelle running?

Getting out of debt is not easy. You are going to have to work hard. But it is worth it. Financial freedom is worth it. You might have to work another job. You may need to give up cable for awhile. You will probably need to at least limit the amount of times you go out to eat.

Are those things tough? Yes. Is it worth it to get out of debt? Yes. You can do it. One of my favorite quotes from Dave Ramsey is “that if you live like no one else, then later you get to live like no one else.” Working hard and sacrificing to get out of debt isn’t normal. Having plenty of money for retirement, and paying cash for cars and vacations isn’t normal either. I have no desire to be normal. Do you?

{ 3 comments }

Walter March 30, 2010 at 7:19 am

Debt is nothing more than the consequence of a bad financial habit. If we stir our financial ways out of debt, then is shall be so. Let us remember that we are the ones who are creating our miseries. 🙂

Derek Clark March 31, 2010 at 9:11 pm

I completely agree. If we as a society changed our habits everyone would be so much better off.

Lakita | Personal Finance Journey April 14, 2010 at 10:26 am

It’s not easy, but we have to keep our “eyes on the prize” of being debt free!

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