Call 540 672 5671  |  
Mon-Thur 8:30 am-5:30 pm; Fri 8:30-12:30 EST

Eight Tips for Debt Reduction

While the bad news might be that you are in terrible debt, the good news is that you are not going to make it into the Guinness World Records as the first person to get out of debt! Many, many have done it before. Here are eight tips they have used:

1. Treat the root problem of most debt: selfishness and covetousness. Pray and ask God to help you overcome these sins. This does not necessarily apply to people who are debt-ridden because of illness or other unforeseeable, uncontrollable, and unfortunate situations.

2. Do not acquire any more debts, not under any circumstances. You can’t get deeper into debt if you don’t borrow more money. Again, this does not apply to people who experience serious emergencies.

3. Compile a list of all your debts. List them in descending order, from the largest to the smallest. Every month, make the minimum payment

You have met your free view limit.
To access the full article, please login or subscribe.

Subscribe Today

Last Generation is a magazine for people seeking spiritual answers to the current issues of our times.

Your subscription will give you:

  • Immediate access to all web content, including archives as they are expanded
  • Special access to web-only articles
  • A 32-page copy of Last Generation Magazine delivered to your home 6 times a year*
Subscribe Today

*Digital-only subscriptions also available

About the author