By Katherine Will
Debt and credit cards seem to be the American way of life. We use our cards to pay for gas, groceries, a new washer and dryer, and a mocha at the coffee shop. We intend to pay everything off each month, but somehow, when we aren’t looking, the balances get bigger and bigger. Before we know it we are carrying a balance from month to month with huge interest rates (and we are helping the finance companies get richer and richer). So we get another card to try to spread the debt around. Large percentages of our monthly income go to just trying to keep current, but for many of us, the balances just get bigger and bigger…
Been there; done that. As a graduate of Dave Ramsey’s Financial Peace University, I want you to know there is another way. It isn’t always easy, it does take some discipline – I have stumbled several times. But this nine-week class opened my eyes to a different way of controlling my money and my debt. It gave me hope, it gave me strategies and direction, and it gave me prayer partners to support me in the process.
Jeff Tibbets and Bill Fowle will be mentoring another session of Financial Peace University here at Grace in the coming weeks. I encourage you to think about attending, no matter where you are in your financial life. There are sessions on paying down debt, as well as sessions on investments and retirement. The coursework is scripturally based, and Dave Ramsey speaks from personal experience. The class work is fun; it is the internal work and changing of personal attitudes that is more difficult.
Here is why I recommend the class. In the nine years since I took FPU I have paid off more than $50,000 worth of credit card debt. The only card I carry in my wallet is my debit card. While Brad and I do not quite tithe to Grace, we are pretty close. I can’t quite say that we are debt-free yet, but the light is at the end of the tunnel. Thank you Financial Peace University!
The nine-week course begins this Thursday, 1/22, at 6:30 pm. Whether you are up to your eyeballs in debt, looking ahead to college for your children, or wondering if you can retire, you’ll learn a lot about managing your money and have fun, too. If you have any questions, contact Jeff Tibbits firstname.lastname@example.org.