Thought for the Day

As we enter this new year and some of us wonder what the economy will bring in 2009, I would like for you to think about this…

Debt-Free is the New Rich

This is actually the title of an article I read on Crosswalk.com. Since my wife and I have been following Dave Ramsey’s plan for over 5 years, this really says it all. Being free from debt, loans, and car or house payments is the new rich lifestyle. So many people are over their heads in consumer debt, student loans, and car payments. No longer is a six-figure salary, a BMW, and a 3,000 sq. ft. house with a $3,000 mortgage considered rich. To quote Dave, “debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice.” What is your status symbol?

Why not start out this new year with a plan for your life and your money. If you are tired of being a slave to the bank or mortgage company and want to get control of your money, check out Dave Ramsey’s Financial Peace University. This is truly a life-changing program.

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