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30 Day Money Reset

Your one month challenge to develop healthy, biblical financial habits.

DAY 12


The last 2 days, we’ve been talking about a big topic: debt.

By now, you should have calculated what you’re paying every month in interest. And hopefully you’ve benefited from the wisdom in the 5 Steps to Debt-Free Living mini video series.

So today is the final step! Today you are going to create your debt-payoff plan!  

Debt is such a normal part of our society. Most of us have never known a time when mortgages, student loans, car loans, and credit card debt weren’t normal. The general assumption is “that’s just how it’s done” and we voluntarily enslave ourselves to debt.

Contrasting the casual attitude surrounding debt in our culture is another wrong, but common, assumption that the Bible forbids debt.

The Bible warns us against debt because God knows the financial and spiritual burdens it causes us. As Proverbs 22:7 says, The rich rule over the poor, and the borrower is slave to the lender. Debt causes stress and bondage. But debt, by itself, is not a sin.

However, in order to live financially free lives, with margin to be used by God for His Kingdom purposes, we need to strive to be debt-free.

Whether you have a lot of debt or a little debt, the first step is the same: make a plan. You’re not going to make much progress if you don’t attack the debt with an offensive and defensive strategy.

Today, use the debt-snowball method to make that plan! You heard about this method yesterday in the 5 Steps to Debt-Free Living series. By using the debt snowball method, you’ll attack your debts one-by-one with a proven method to save you time and money. We have a calculator for you so you don’t have to do any math and can have a payoff plan in minutes.

Today's action item:

Use the Debt Snowball Method to create a payoff plan.  Write down the day you'll be debt-free in your journal or 30 Day Snapshot.  Mark it on your calendars, tell your friends, and plan a way to celebrate your achievement when you reach it!


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