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5 Reasons to Dig Out of Debt


 Digging Out Of Debt - Posted: 5/31/2008
By: Lee Martin

While talking about getting out of debt with a group of friends, one well meaning participant asked the ultimate question: "Give me one good reason why anybody should get out of debt?" he followed it up with, "being in debt is the American way, we all do it."  His know it all response ended with, "there's no way a person can really get out of debt."

His "give me one good reason" question kept bouncing around in my brain and I was determined to come up with it.  But after doing some soul searching and research I actually came up with five good reasons.

IT SETS YOU FREE.  Being out of debt is one of the most freeing experiences of life.  You no longer have to second guess if you have enough money to do what you want. No longer are you bound to the control of bill collectors.  Once you get out of debt you have the freedom to be and do anything you want to.

IT's A GREAT STRESS RELIEVER.  It is a proven fact that people who live pay check to pay check as a result of being in debt also have stress related issues.  The stomach is usually in knots, blood pressure is higher than it needs to be. Some people gain weight from emotional eating and other can't seem to keep from crying.  The list goes on and on.

IT MAKES FOR BETTER FAMILY LIFE.  Families in debt usually have some members who are working more than one job and often the entire family if they are are old enough is working just to make ends meet.  Schedules are crazy and the need to pay the bills are so demanding that family time is non exsistant.  Get out of debt and you will get to know your family.

IT ALLOWS YOU HELP OTHERS.  Not only can you show by example how to get out of debt but you can also be a blessing to others around you.  The debt free person has the abililty to help others in their time of need.

IT MAKES GOD SMILE.  In the bible it says in Romans 13:8 "Own no man any thing".  People who are in debt are so consumed with all that goes along with it that they find God is very displeased with them.  So with a little bit of logic I figured out that being out of debt makes God smile.

So there you have it, 5 good reasons to get out of debt.  I'll bet if you think hard enough you can come up with at least five of your own. 

 

Comments

nightowl512 - I absolutely agree, I love the way you used methods other than math as reasons to be out of debt, most people concentrate to much on the math and leave out the personal and spiritual aspect of persona...

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