Category Archives: Debt free

Mortification and Credit Cards

Yesterday’s reading in “In Conversation with God” focused on the concept of mortifications, of “taking up our cross” every day. One possible mortification in this consumer society is to always pay cash.  Or, at any rate, use a payment method … Continue reading

Posted in Debt free, Finance | Tagged | Comments Off on Mortification and Credit Cards

In 20 Months, They Paid Off $82,000 in Debt

Interesting post posted several years ago at The Minimalist Mom.  If you’re up to your neck in debt, this might provide inspiration.

Posted in Debt free, Finance | Tagged , | Comments Off on In 20 Months, They Paid Off $82,000 in Debt

A Storied Newspaper Empire Makes the Case for No Debt

When St. Paul wrote, “Owe nothing to anyone, except to love one another,” he wasn’t just talking about personal relations.  The injunction to “owe nothing to anyone” turns out to be sound business advice, too. Latest case in point:  Hearst … Continue reading

Posted in Debt free, Leadership | Tagged , , | Comments Off on A Storied Newspaper Empire Makes the Case for No Debt

Does a Decent Income Lead to ‘Hardness of Heart’

Yesterday, in “What I’m Reading,” I noted a Michelle Singletary column in the Washington Post in which a reader complained that “life is expensive even for the top 5%.” Interestingly, the column ran just a day before the Gospel reading … Continue reading

Posted in Changing the Culture, Debt free, Faith | Tagged , , , , | Comments Off on Does a Decent Income Lead to ‘Hardness of Heart’

Americans View Debt as Necessary, But Hate It

“Owe nothing to any man, but to love one another,” St. Paul told the Romans (Romans 13:8-10). That little piece of advice is ignored by eight of 10 Americans. Not that they are happy about it, a Pew Research Center … Continue reading

Posted in Changing the Culture, Debt free | Tagged , , , | Comments Off on Americans View Debt as Necessary, But Hate It

Paying Down Debt Won’t Automatically Boost Your FICO Score

Realizing my finances were a mess was the easy part.  How to pay down — and ultimately pay off — those credit cards was the hard part. The banking community doesn’t make it easy to figure out the correct way … Continue reading

Posted in Changing the Culture, Debt free | Comments Off on Paying Down Debt Won’t Automatically Boost Your FICO Score

My Strategy for Paying Off My Credit Cards

There are a couple of effective strategies to pay down debt quickly.  All involve paying more than the minimum payment. One is to list all your debts and pay off the smallest amount first, then the next largest amount, and … Continue reading

Posted in Debt free | Comments Off on My Strategy for Paying Off My Credit Cards

2. What Leads to Conversion

I wasn’t the first person to come to a serious realization that the path they were on was wrong.  The classic example is St. Augustine, who lived a “wild and crazy” life before he converted to Christianity. Even earlier was … Continue reading

Posted in Debt free, Faith, Finance | Comments Off on 2. What Leads to Conversion

The Day God Spoke to Me About Debt

Over the course of our lives, we’re likely to have several (many?) conversion experiences.  This is the story of one. I was sitting in Mass.  Truthfully, I wasn’t really focused on what the lector was reading.  I was just there. … Continue reading

Posted in Debt free, Faith, Finance | Comments Off on The Day God Spoke to Me About Debt