Comments on: Getting out of Debt (Series) http://www.christianpf.com/getting-out-of-debt-series/ Christian Personal Finance - Financial help, debt help and other financial resources Sat, 21 Nov 2009 18:03:34 -0600 hourly 1 By: Sarah http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-17150 Sarah Wed, 28 Oct 2009 22:25:25 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-17150 Thank you so much for this series and your whole blog! I have been looking for resources to help me get out of debt and use my finances for God rather than for me. In these tough economic times (especially being that I live in Michigan) my husband and I are blessed to have a very generous combined income. The reason I tend to think we are poor is because we have SO MUCH debt. It really makes me sick when I start to think of how frivolous I have been with the blessings God has shown me. I am turning to God and the resources I am able to find through His good grace to try and remedy this part of my life so I can give more back to Him and those that need it. Thank you again for your blog, I know it will be much help and I've already started working on this series. God Bless! Sarah Thank you so much for this series and your whole blog!

I have been looking for resources to help me get out of debt and use my finances for God rather than for me. In these tough economic times (especially being that I live in Michigan) my husband and I are blessed to have a very generous combined income. The reason I tend to think we are poor is because we have SO MUCH debt. It really makes me sick when I start to think of how frivolous I have been with the blessings God has shown me. I am turning to God and the resources I am able to find through His good grace to try and remedy this part of my life so I can give more back to Him and those that need it.

Thank you again for your blog, I know it will be much help and I’ve already started working on this series.

God Bless! Sarah

]]> By: Think Money http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-7441 Think Money Mon, 27 Oct 2008 11:49:57 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-7441 ^ True. So many people get a debt consolidation loan or similar and then start spending again. You have to be very disciplined to get out of debt. Perhaps explaining why the US is in so much debt now (Georgie B. perhaps not the most disciplined of chaps!) ^ True. So many people get a debt consolidation loan or similar and then start spending again. You have to be very disciplined to get out of debt. Perhaps explaining why the US is in so much debt now (Georgie B. perhaps not the most disciplined of chaps!)

]]> By: Kathryn http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-6782 Kathryn Sun, 28 Sep 2008 12:48:02 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-6782 There is one thing that I have discovered people in debt have in common - the inability to stop spending. It doesn't matter whether it's a person or a company, when the money is not there then the spending shouldn't happen. Many people could make a HUGE dent on their finances if they'd just stop spending for a month or two. There is one thing that I have discovered people in debt have in common – the inability to stop spending. It doesn’t matter whether it’s a person or a company, when the money is not there then the spending shouldn’t happen. Many people could make a HUGE dent on their finances if they’d just stop spending for a month or two.

]]> By: Monica http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-6521 Monica Mon, 22 Sep 2008 10:11:23 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-6521 Great great tips, your seven steps to get rid of debt is just what anyone in debt can capitalise on if properly followed. I have started a debt focused blog and I hope you don’t mind if I send my readers to your site for reference(I have already in my latest post). Thanks for a wonderful article. Let's start <a href="http://www.hsbc.co.uk/1/2/personal/savings" rel="nofollow">savings</a> and build to a debt free future Great great tips, your seven steps to get rid of debt is just what anyone in debt can capitalise on if properly followed. I have started a debt focused blog and I hope you don’t mind if I send my readers to your site for reference(I have already in my latest post). Thanks for a wonderful article.
Let’s start savings and build to a debt free future

]]> By: David Simonds http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-6343 David Simonds Fri, 12 Sep 2008 13:00:26 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-6343 Hi, I greatly enjoyed looking through your blog and found some informative posts on finance.I have also some finance related web sites having more information regarding various financial problems and its solutions.So,I think it would be beneficial for both of us if we will join in a community and become link partners to each other which will help your blog/site in getting more Google values.If you are interested then please contact me at- davidsimonds007(at)gmail.com Thanks, David Hi,

I greatly enjoyed looking through your blog and found some informative posts on finance.I have also some finance related web sites having more information regarding various financial problems and its solutions.So,I think it would be beneficial for both of us if we will join in a community and become link partners to each other which will help your blog/site in getting more Google values.If you are interested then please contact me at- davidsimonds007(at)gmail.com

Thanks,
David

]]> By: bob http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-5484 bob Wed, 06 Aug 2008 12:43:38 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-5484 @broke as Dave Ramsey would say, you have an income problem. YOu need to find a way to generate more income. If that means getting a second job then that is what you have to do - but from what you wrote, you realize what you need to do, now you just have to make some extra cash to make that happen @broke
as Dave Ramsey would say, you have an income problem. YOu need to find a way to generate more income. If that means getting a second job then that is what you have to do – but from what you wrote, you realize what you need to do, now you just have to make some extra cash to make that happen

]]> By: broke http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-5480 broke Wed, 06 Aug 2008 05:00:06 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-5480 Okay, I've got a problem! I had to move recently and didn't have enough money to get into a standard monthly rental. So I got into a WEEKLY rental with lower move-in costs. Unfortunately, this costs more on a monthly basis than a comparable, more conveniently located, less crowded (nine people in the house, including a kid) house or apartment. So now I'm in a Catch-22. Because most of my minimum wage income is going to pay rent, I can't save up money to move into a cheaper monthly rental. Which means I continue to pay a ridiculous porportion of my income for rent. How do I get out of this financial trap? p.s. This is a GREAT business model for the owners of this house: They rent out 5 bedrooms at $150 per week, generati8ng more than two times their mortgage payment. Also, renting rooms by the WEEK with a low move-in cost allows them to quickly fill vacancies, keeping the rent dollars rolling in. I've lived here several months and estimate the vacancy rate at 5 percent tops. Where can I get on the other side of this business model? Okay, I’ve got a problem! I had to move recently and didn’t have enough money to get into a standard monthly rental.

So I got into a WEEKLY rental with lower move-in costs. Unfortunately, this costs more on a monthly basis than a comparable, more conveniently located, less crowded (nine people in the house, including a kid) house or apartment.

So now I’m in a Catch-22. Because most of my minimum wage income is going to pay rent, I can’t save up money to move into a cheaper monthly rental. Which means I continue to pay a ridiculous porportion of my income for rent.

How do I get out of this financial trap?

p.s. This is a GREAT business model for the owners of this house: They rent out 5 bedrooms at $150 per week, generati8ng more than two times their mortgage payment. Also, renting rooms by the WEEK with a low move-in cost allows them to quickly fill vacancies, keeping the rent dollars rolling in. I’ve lived here several months and estimate the vacancy rate at 5 percent tops. Where can I get on the other side of this business model?

]]> By: bob http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-5266 bob Sun, 27 Jul 2008 14:37:31 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-5266 not at all... and just to be clear - each one of those steps is going to be a full article over the next couple weeks... not at all… and just to be clear – each one of those steps is going to be a full article over the next couple weeks…

]]> By: Evelyn http://www.christianpf.com/getting-out-of-debt-series/comment-page-1/#comment-5259 Evelyn Sat, 26 Jul 2008 21:43:11 +0000 http://www.christianpf.com/getting-out-of-debt-series-7-steps-to-getting-out-of-debt/#comment-5259 Hi, I love your seven steps to get out of debt. Once my site gets going, I hope you don't mind if I send my readers to you. Thanks for a wonderful article. Evelyn Hi,

I love your seven steps to get out of debt. Once my site gets going, I hope you don’t mind if I send my readers to you. Thanks for a wonderful article.

Evelyn

]]>