Debt Free Legacy

Get out of Debt Fast!

Get out of Debt Fast!

by Debt Free Legacy


I confess to watching too much TV, especially football and golf.  As a result, like many people I know, I have seen hundreds of PAID commercials for rapid debt repayment companies.  We are certainly not claiming to have full knowledge of these companies but we are pretty confident of their desire to appeal to debt strapped people by providing what appears to be fast and painless solutions.  We also believe that most, if not all, of these companies expect to earn a sizable profit from “you”.  After all, prime commercial time costs big bucks and every staffer and manager requires a salary, and there has to be a profit after all business expenses.

We understand that one of the debt reduction tactics may be to “negotiate” with a client’s creditors for reduced balances, which may be well below the amount of debt the client accepted when purchases were made.  If a creditor has any reason to believe that there is a possible bankruptcy, or that a greatly reduced payment is all they’ll ever get, then they may accept the “negotiation” and settle for less than is actually owed.  (This sounds a lot like manipulation, doesn’t it?)

Well, how does this line up with scripture?  And what should Christians do when they have serious debt issues?  Chapters 3 & 4 in the “Legacy Edition of Financial Freedom in 7 Weeks Plus” workbook tackle these difficult challenges.  In the brief space of this article, we will outline a few keys to freedom from debt God’s Way.

  • Romans 8:1 makes it clear that we are not to feel condemnation as believers in Christ.  So shame and guilt are from the devil and they drag us down.  Conviction to change is good and comes from the Holy Spirit.
  • Psalm 37:21 and Romans 13:8 shed light on the fact that while it is no sin to have debt, it is sin (wickedness) not to repay what we owe.  In fact, the reference to a Godly debt is clearly our obligation to love one another.
  • Proverbs 22:7 (KJV):  “The rich ruleth over the poor and the borrower is servant to the lender.”  For any of us who have borrowed money, whether from family, from a bank or in the form of credit card debt, we know the uncomfortable feeling of being in debt.
  • Proverbs 21:1 (NIV) emphasizes how important it is for Christians to conduct all financial transactions with excellence, so late or skipped debt payments send the wrong signal to the very people we may be trying win for Christ.  “A good name is more desirable than great riches, to be esteemed is better than silver and gold.”
  • The worst debt is high interest consumer and credit card debt.  (See pages 78-81 of the “Legacy Edition of Financial Freedom in 7 Weeks Plus” for a clear explanation of compound interest.)

The pathway to freedom from the bondage of debt starts by listing ALL debts, to include: the Lender’s (creditor’s) name, current debt balance, amount of the minimum required monthly payment, the annual compound interest rate, the number of remaining payments, and the targeted payoff date.  To simplify this process, download the Debt Repayment Schedule form form.

The Unseen War

The Unseen War

by Jerry Lintz, Graduate of "Financial Freedom in 7 Weeks Plus"

My name is Jerry Lintz. For those of you who don’t know me, I am a team member and graduate of the 7 week small group program. During the course, I found the most enlightening aspect of “7 weeks +” to be the extent to which the spirit world not only affects our financial situation, but also influences all aspects of our daily existence. And, since Bill Sitter and I have been searching for my role as a fellow servant in this wonderful ministry, I have decided to begin a series of articles on spiritual warfare.

For those of you who may be new to the concept of spiritual warfare, let me make something abundantly clear…IF YOU ARE NOT ACTIVELY ENGAGED IN BATTLING AGAINST THE POWERS OF DARKNESS, THEN YOU ARE LOSING A VERY IMPORTANT WAR!!!

Let there be no mistake. There IS a battle going on around us. We may not be able to see, smell, or touch it, but rest assured it is occurring even as you read this. And this fight is not only between God Almighty and the god of this world (Satan). Oh no, this battle involves each and every one of us: both those that are lost; and especially, those of us who belong to Christ.

How can I be so sure of this you ask? Well, the Bible is our primary source of intelligence information, or “intel” where Paul tells us in Eph_6:12: “For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” (KJV) Notice, Paul does not say we might, or we may wrestle. Also, please note Paul doesn’t say we will wrestle, or even we have wrestled. Paul’s phraseology erases any doubt concerning the nature and scope of this WARFARE. It is ongoing, it is personal, it occurs in the spiritual realm, and if you belong to Christ, it is aimed directly at YOU!!! So please don’t be deceived into thinking that just because you’re not actively engaged in ministry, or that because you’re saved the battle is over for you. Now, I believe that if we are going to be in a war, we should learn as much as we can about this war, train our hearts and minds to function in the face of fear, and equip ourselves to the extent possible in order to be the warriors our Captain and Savior, the Lord Jesus Christ desires us to be.

Therefore, in future articles, it is my intent to use the Bible to first educate you about the identity, nature, and tactics of our enemy. Then, I plan to show how we can train our hearts and minds to recognize and counteract the “wiles of the enemy”. Finally, I will show how we can start each day by equipping ourselves with the whole “armor of God” and then “gird our loins” for battle so that we are constantly prepared for the attacks that will undoubtedly assail us as we go about our everyday lives.

So please join me next week as we learn about our enemies and prepare for battle in a war we cannot afford to lose. (If you’d like a hint as to our primary enemies’ identity, please see I Peter 5:8). In the meantime please use this prayer form the pages of “7 weeks +” to begin preparing for victory:

 “In the mighty Name of Jesus Christ, and in accordance with God’s Word, we take authority over Satan and all his demonic forces that try to come against us. We are God’s children, protected by the blood of Jesus, and we declare that you – devil – were defeated at the cross and at the grave of Jesus and you remain defeated. Your weapons will not succeed or prosper. So we command you to take your hands off in Jesus’ Mighty name! And all God’s people said…Amen!”