reflections on faith and justice from an urban minister's perspective
Saturday, November 22, 2008
Getting out of debt
As we head into the holiday shopping season I appreciate this great video clip from Dave Ramsey about basic money management. He says we should sell so much stuff the kids think they're next and name our dogs "Ebay".
1) Live on less than you make. 2) Get out of debt. (Attack smallest to largest debt.) 3) Create a budget. 4) Save money for a rainy day. (Emergency money.) 5) Give, Give, Give (Be a blessing to others.)