Getting out of debt God's way—Christian debt relief— is not only possible but desirable. God's Way out of debt—under His guidance —produces lasting debt relief and starts with a personal relationship with Jesus. It can be swift. But, most times the size prolongs it.
Getting way out of debt God's way provides the Christian the desired and prayed for debt relief. You grasp lifestyle changes you need. This Christian debt relief you experience as you get out of debt God's way provides needed freedom from creditors. Thus, you learn to lean on God for your daily sustenance, and build a solid future foundation. We pray as you read this page it starts your journey out of debt God's way. Further, as you experience this Christian debt relief, profound lifestyle changes begin. By God's grace, we pray you get the love, joy, grace, and mercy of Jesus.
Getting out of debt God's way begins by conceding God has no debts. He paid our debts on the cross. Besides, God owns everything and never needs financial debts. If you are in debt, understand it's yours, not His. Still, Jesus will guide you to get out of debt his way—the stress free way. Start today to believe in Jesus and accept your circumstance.
Realize you bear effects of earlier decisions that caused your debt. Besides, Jesus might not remove your financial debt in your timeframe. But, He will lift the debt burden—the stress, today. Ask Him. Once the debt burden lifts, look away from your circumstances and to Him. Now, you can start the get out of debt journey.
Experience Christian Debt Relief
Folks see this getting out of debt stage as financial engineering. So, they juggle figures. They stress loan consolidation, refinancing, re-mortgaging. This numbers emphasis provides temporary debt relief; but does not induce behavior change. That's why getting out of debt God's way stresses behavior changes. On this journey, a Christian will grow closer to the Lord who will lead and guide him or her. Then, and only then, will he or she get debt relief the Lord provides—Christian debt relief. Peace that passes human understanding even though debt remains.
When getting out of debt God's way, work to solve the case of the vanishing dollars. You star in this mystery movie. It opens by transferring the fiscal debt burden to Jesus. Notice, you turn over the burden, not the debt. Ponder this for a second. This act lifts stress so you fixate on your journey. Once the financial stress passes, you discover Jesus' solutions to erase the debt.
The next step is to learn on what you spent and how you decided. After, set up a plan to prevent a recurrence. Next, start solving this case by answering three questions:
What did I buy?
What procedure did I follow before buying?
How can I prevent a repeat of getting into debt?
God's way out of debt is fact-finding, not finger pointing. Husband and wife must commit. They need not know why they spent funds. But must know where monies went. Each of us has a good reason he or she spent—please don’t camp here.
Preconditions To Getting Out of Debt God's Way
Accept your condition. If you don’t, you won’t see opportunities and blessings God prepared for the way out.
Do not be a victim. Accept responsibility for your actions.
Be willing to learn and to change.
Focus on changing you instead of changing your condition or your spouse.
Try to see your condition as Jesus sees it. After you accept where you are, ask Jesus to show you the lessons He prepared for your growth.
As you continue the path out of debt God's way, understand your debt attractors to create new defenses. Couples should work as a unit. But, husbands and wives are different, so each family must decide how to solve this case. Try this path to debt freedom:
Get a special notebook and label it, the Case of the Vanishing Dollars.
Set a time—maximum one month—to learn how, not why, you got in debt. Mull over these two key questions. First, what is my view of affordable. Second, before spending, what decision procedure did I follow?
Review your spiritual life, ABCs, financial affairs.
After each stage, write a one-sentence conclusion for that phase. After three stages, list main categories where funds went, and then answer this question with yes, or no: Did I spend most of the funds on needed items according to Matthew 6:33?
Review Your Spiritual Life
Prayerfully think about your present and recent spiritual life by asking: Has my spiritual life been FLAT? This is not a mechanical exercise; wash it with prayer as you seek to hear from God. Each person should answer these questions:
Have I been Feeding on Jesus’ Words? (Hebrews 5:12-14).
Have I been Listening to His voice? (Luke 10:38-41).
Have I been Away from God, fellowship, and Bible study? (Acts 2:41-44)
Have I been Talking to Jesus often? (Matthew 11:28- 29; 21:22; Psalm 5:1-3; 1 Thessalonians 5:16-18)
Before moving to the next section of the get out of debt God's way journey, pray and examine where you are. Ask the Lord to show you alterations you need to make. Then write a one-sentence conclusion on your spiritual life.
This section gets to the heart of your beliefs and practices. You act based on your beliefs. You choose based on your beliefs, your worldview. Each person should answer these questions:
What was my Attitude toward money?
Did I, do I, accept my stewardship responsibilities? Did I, do I understand I am Jesus’ manager and should seek His guidance before I spend? Did I, do I understand I can’t be God’s manager unless I know Him intimately?
How did I Behave during the period?
Did my Behavior suggest I understand implications of God’s ownership and my stewardship of money? Did I use a budget or spending plan? Did I respond to advertising and easy credit terms? Did I spend for needs that could wait? Did I practise these essential words, wait, not now?
How did I Choose to spend?
What decision procedure did I follow before spending? What were main spending drivers? What caused me to spend each time? Did I spend for emotional relief? Did I pray before spending? Did I spend impulsively?
Before moving to the next stop, pray. Write one-sentence of your findings from the ABCs’ review. Ask God to show you areas needing attention..
Examine Your GRIP on Finances as you Get Out of Debt
Did I have a GRIP on my finances? That's the question to answer in this phase. This section has four broad steps and needs as much soul searching as earlier sections.
Did I work with Goals?
Whose goals? Mine or God's? Ask the Lord to show you challenges you face in this area.
Review the past six months’ spending . If you don’t have records such as bills, check stubs, credit card and bank statements, walk through the house and list items bought. Use estimated prices if you don’t have actuals.
Investigate features of loans to learn your responsibilities. These three questions will help: First, Do I know the annual percentage cost of each loan? Second, using present payment rates, do I know when I might repay each loan? Third, Do I know a credit card is not a financing source? I should use it only when funds are in the bank and I can pay the full balance?
Do I have Plans in place to carry out God’s goals? For example, did I work with a financial plan and budget?
So, you reviewed this final section of the getting out of debt God's way journey. Did you have a GRIP on your finances? Write one-sentence to show your learning in this section. Ask the Lord to show you needed changes.
Getting Out of Debt God's Way Needs Lifestyle Changes
Did you see changes you should start? Do you realize you must change your lifestyle to get out of debt? Do you accept you can't manage money and your debts are yours? This is hard to accept; but it is real. You spent; you incurred the debt; nobody forced you; you chose. So, now, accept needed behavior changes because If you do not, you will sink deeper in debt.
So, you accept your role for your debt? That’s great! Before we continue check your financial health. Now you are ready to receive help. God's help will change your behavior. Here comes the numbers; that’s the next painless step because you prepared.
After you know you did needed lifestyle changes, review these steps to continue the journey:
Prepare a budget and money map to show lifestyle changes, such as less eating out. Assign responsibility for each budget category to relevant family members.
Prepare a debt repayment plan to erase loans, starting with the highest annual percentage cost loan. As the Lord leads, ask creditors to lower interest rates. But do not consolidate or restructure loans unless God shows you attitude and behavior changes you made. Consolidation never works without these changes. Without changed attitudes, it is the worst alternative because it gives you false hope. Ask the Lord to show you if you have assets you could sell to repay loans. Sell only after prayer.
After prayer write a one-sentence conclusion on your learning in this get out of debt God's way trip. As the Lord leads, confess misuse of funds. Repent—decide to change your behavior—and ask God to give you a goal and plan to become debt free in His time.
Ask a trusted friend to hold you accountable to follow God’s plan. Divide the plan in small steps to measure progress. Depend on Jesus to fulfill your needs and to see you through this and other crises. He will.
Although listed last, this is vital: You got in debt over a period; getting out of debt God's way will take time. Be Patient! Remember, nothing is impossible for God.
If you would like us to help you, complete the contact form. After reviewing your situation, if you live in North America and we think our DVD might help you, we will send one and the workbook free of charge. We pray you let the Lord lead and guide you.
Getting Out of Debt God's Way & Financial Calculators (Below)