Audio

Breaking free from debt

There is hope to break free of the burden of debt and there's no time like the present to start again.

The Early Morning Late Show on October 20, 2017

Audio

Slaying your debt dragon

Cherie Lowe and her husband found themselves under a mountain of nearly $130,000 in various forms of debt. Here's how they got out.

Live the Promise on December 28, 2015

Audio

Getting out of overwhelming debt

How can we manage overwhelming debt in a way that honors God?

Live the Promise on September 21, 2015

Sure, go ahead! Splurge.

I talk lots about saving and getting out of debt.  But, what about spending?  Heck, what about splurging?  Contrary to popular belief, I’m actually a fan of splurging. For my family and me we don’t scrimp when it comes to groceries.  I would guess we spend more than average on food a month.  However, our “going…

Jerrid Sebesta on April 22, 2014

Don’t strive to be average

Handling your money like a typical American is terrible plan.  Here’s why.  The typical American is flat broke! Fellow debt-hating guru and financial coach Jon White (@JWFinCoaching) wrote a blog called “Don’t be average”.  In it, he rattles off a number of disappointing statistics about the average American.  Here’s just a…

Jerrid Sebesta on January 28, 2014

Debt elimination strategy

There are some tips and tricks to getting out of debt, but mostly, debt elimination is about patience and discipline. Unless you suddenly receive a large sum of money, paying off debt is a marathon, not a sprint. It’s important to keep this in mind; it’s easy to get discouraged when you don’t see results right away. But just because…

Covenant Trust Company on January 16, 2014

Pay off your debt

This is a big one – paying off all of your debt except your mortgage.  This is huge.  We’re setting the captives free!  No more “…borrower is slave to the lender” (Proverbs 22:7) stuff.  This is by far the hardest and most-intense part of the “baby steps”, but the most powerful! Dave Ramsey will suggest using his “debt snowball” which…

Jerrid Sebesta on November 19, 2013

Taking the first step toward financial security

The first step toward financial security is to save $1000.  This acts as a emergency fund.  Step three will be to get a full emergency fund of three to six months of living expenses.  But, until then, you’ll need this small buffer between you and life happening. This step should be done QUICK!  This should not be a long-term goal.  Try…

Jerrid Sebesta on November 5, 2013

Dave Ramsey’s 7 "Baby Steps"

Chances are you’ve heard about a guy by the name of Dave Ramsey.  He is a best-selling author of books like Financial Peace and Total Money Makeover, which were the inspiration behind our financial success. Dave Ramsey developed what he calls the “Baby-Steps”.  The premise behind the “Baby-Steps” is that if we try…

Jerrid Sebesta on October 29, 2013

Top two ways to reduce debt

Do you know if you have too much debt? And if you do, what are your next steps?

Covenant Trust Company on July 1, 2013