Tuesday, November 20, 2012

The 30% - 70% to get out of debt.


I. I call it the 30% - 70% get out of debt.
         A. 10% to Tithing.
                  1. This is money that goes to the Lord first.
         B. 10% to savings.
                  1. This goes to a savings account that you never touch.
         C. 10% to spend as you wish.
                  1. This goes to buying anything you wish.
                           a. Go out to lunch.
                           b. Go out to dinner.
                           c. Go out to an event.
                           d. Gas money.
         D. 70% to pay off all debt.
                  1. This pays off all credit cards.
                  2. Meals for the home.
                           a. Yes it means eating at home.
                           b. Or taking a lunch.
II. What you need to do.
         A. You need to add up all your debt.
         B. How much income do you bring in?
         C. Now put to practice the plan.
III. The key to financial victory.
         A. Is being honest with yourself.
         B. Getting so frustrated, you want to deal with it.

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