Archive for April 19th, 2006

Debt-Proof Living

Stop-Loss

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I really liked how Mary Hunt, author of a book by the same title, defined “debt-proof living”. This concept touches on so many virtues:

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Debt-proof living is a lifestyle where you spend less than you earn; you give, save, and invest confidently and consistently; your financial decisions are purposeful; you turn away from compulsive behavior; you shun unsecured debt; you borrow cautiously; you anticipate the unexpected; you scrutinize your purchases; and you reach for your goals by following a specific plan.

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Debt-proof living is about generosity, gratitude, and obedience. It is about sound choices and effective decisions. To debt-proof your life means to know exactly what to do with your money and have the freedom to earn and spend it when and how you choose. Debt-proof living is a way of life — a financially disciplined lifestyle that produces peace and joy.

Via: Debtspiration

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2 comments April 19th, 2006


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