Debt-Proof Living
April 19th, 2006
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:
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.
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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Entry Filed under: Firevalt
2 Comments Add your own
1. Free Money Finance&hellip | May 1st, 2006 at 3:31 am
Carnival of Debt Reduction…
Welcome to this week’s edition of the Carnival of Debt Reduction. I’m sticking with my usual method of hosting a carnival — listing a summary of each piece with the author’s reason for submitting the post to the carnival (for…
2. Dunstan | May 6th, 2006 at 7:20 am
Bit harder to do with Student Loans to worry about. But nibbling away at them is also good.
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