Get out of Debt – Christian Common Cents

Should Baby Step 1 be More Than 1000 Dollars?

Derek Clark — Mon, 25 Apr 2011 02:15:47 +0000

If you’ve followed this blog at all you know I’m a big fan of Dave Ramsey and his baby steps. Step one is to save up $1000 in an emergency fund. I had a conversation the other with a couple that thought it should be more than one thousand so I thought I’d go over […]

Should Baby Step 1 be More Than 1000 Dollars? is a post from Christian Common Cents

Say No to Debt, PGTF Principle 3

Derek Clark — Thu, 26 Aug 2010 02:07:00 +0000

The rich rule over the poor, and the borrower is servant to the lender. Proverbs 22:7 The heart of personal finance is to spend less money than you make. Whether that means making more money, spending less, or a combination of the two. Any way you look at it you cannot spend more money than […]

Say No to Debt, PGTF Principle 3 is a post from Christian Common Cents

Proverbs Guide to Finance

Derek Clark — Mon, 26 Jul 2010 03:54:34 +0000

The proverbs of Solomon son of David, king of Israel: for attaining wisdom and discipline; for understanding words of insight; for acquiring a disciplined and prudent life, doing what is right and just and fair; for giving prudence to the simple, knowledge and discretion to the young- let the wise listen and add to their […]

Proverbs Guide to Finance is a post from Christian Common Cents

The I’M DEBT FREE Giveaway

Derek Clark — Fri, 11 Jun 2010 02:12:28 +0000

A few weeks ago a my wife and I paid off our last non-mortgage debt. Baby step 2 is finished! We paid off $28,000 in 10 months. We worked hard and we sacrificed, but it was so worth it. We didn’t only eat beans and rice, (I don’t really like beans so it was just […]

The I’M DEBT FREE Giveaway is a post from Christian Common Cents

8 Tips to Help Stay Away From Debt

Derek Clark — Sat, 15 May 2010 18:21:58 +0000

This guest post is by Sharon Smith. She is a financial writer associated with the Oak View Law Group. She offers advice on various debt management plans. Getting into debt is much easier than coming out of it. The debt is considered to be a labyrinth where it would be difficult to trace the exit […]

8 Tips to Help Stay Away From Debt is a post from Christian Common Cents

How To Pay Off Your Mortgage Early

Derek Clark — Thu, 25 Mar 2010 11:00:35 +0000

First I’d like to touch on why you might want to pay off the mortgage early. Elle from Couple Money recently wrote about accelerating their mortgage payments to save money. It is a great idea, and I thought I’d add a few ideas and tips of my own. Here is her simple plan and the […]

How To Pay Off Your Mortgage Early is a post from Christian Common Cents

Quick and Easy Way to Simplify Your Budget

Derek Clark — Wed, 24 Mar 2010 11:00:08 +0000

Create a new bank account. That’s it. That was the key to my wife and I paying off $21,000 in debt over the last eight months. At some point we plan on having children, and my wife wants to be able to stay at home with them. That means our budget has to be able […]

Quick and Easy Way to Simplify Your Budget is a post from Christian Common Cents

If You Want To Win With Debt, Do This

Derek Clark — Mon, 22 Mar 2010 12:00:17 +0000

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 […]

If You Want To Win With Debt, Do This is a post from Christian Common Cents

Dave Ramsey’s Baby Steps: Step 6 – Pay Off the Mortgage Early

Derek Clark — Sun, 14 Mar 2010 15:00:19 +0000

photo credit: freeloosedirt The grass in the backyard feels different between your toes when the mortgage is paid off and you really own it. I can’t wait to get past this step. It opens so many possibilities. Just think how much easier your budget would be without a mortgage payment. Moms can stay home with […]

Dave Ramsey’s Baby Steps: Step 6 – Pay Off the Mortgage Early is a post from Christian Common Cents

Dave Ramsey’s Baby Steps: Step 2 – Get Out of Debt

Derek Clark — Tue, 09 Mar 2010 04:27:44 +0000

photo credit: Andres Rueda Cut up those credit cards right now. You have to. If you keep using them you won’t ever get out of debt. Baby Step 2 is to attack your debt with a vengeance and pay off everything except the mortgage. Dave says that it is easy to wander into debt, but […]

Dave Ramsey’s Baby Steps: Step 2 – Get Out of Debt is a post from Christian Common Cents