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Save Money & Slay Debt

You are here: Home / 31 Days to Reducing Your Debt / Day 25: 31 Days to Reducing Your Debt

Day 25: 31 Days to Reducing Your Debt

Tips like these helped us pay off $127K in debt. You can read our story in Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After.

February 17, 2011 By Cherie Lowe

31 Days

I’m hoping that you aren’t feeling too overwhelmed with this series yet.  But we’re continuing to slog through 31 Days to Reducing Your Debt.  It might take me 2 full months to complete this journey but I think it’s worthwhile and many of you have written to me saying you’re gaining insight from the posts (even if they’re coming at a snail’s pace).  Today we’ll focus on the big picture of the world.  Sometimes seeing the world with global eyes diminishes your current struggle.  And it partners with tomorrow’s topic: Practice Generosity.

Day 25: Show Gratitude

When you’re debt, it’s kind of like a dark shadow lurks behind you no matter where you go.

In particular, I can remember feeling this intensely when we still had a credit card.  Every time I used the Target VISA card, I visualized that balance in my head.  And the more the number crept up toward the limit, the more I felt like I had an invisible hand with each of its fingers wrapped tightly around my neck.

The mound of debt seemed so insurmountable.
Our problems seemed so big.
The way out seemed nearly impossible.

As big as the total of your debt may seem, believe it or not, there are greater problems in this world.

That dark shadow can take the form of discouragement or disappointment or even guilt, too.

As you strip your life down to focus on paying off debt, you begin to dwell in a world of no –
no vacations,
no gifts,
no shopping,
no extras,
no movies,
no restaurants,
no fun,
no, no, no.
You feel like you’re living on very little.

As little as you’re living on, believe it or not, there are people living on a whole lot less.

For instance, of the 6 Billion People living on the planet right now,

Over 1 Billion people live on less than $1 a day.
3 Billion live on less than $2 a day.
40% of the world doesn’t own a pair of shoes.
Average age for a person to receive their first pair of shoes is 14.
90% of the world doesn’t own a car.

Face it people, no matter how much debt you have.  No matter how much you think you’re sacrificing, compared to the rest of humanity, most of you are rich.  In fact, even if you only make $16,000 a year, you’re still in the top 12% of the world.  Go here to see how rich you truly are.

You might remember that I don’t like comparison games.  And I don’t share these statistics to make you feel guilty. In fact, it’s quite the opposite.  If you’re going to get out of debt, you’ve got to find and live in a deep sense of gratitude.

You’ve been given much.  How you manage it, is up to you.  You can begin well managing what you’ve been given today.

Tomorrow, we’ll talk about ways to show generosity even when your giving income is limited.

Related posts:

Debt Reduction CommunicationDay 20: 31 Days to Reducing Your Debt Debt Reduction CommunicationDay 10: 31 Days to Reducing Your Debt Debt Reduction CommunicationDay 8: 31 Days to Reducing Your Debt Debt Reduction CommunicationDay 2: 31 Days to Reducing Your Debt
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My book is now available: Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After. You can also check out The Debt Free Devotional: 30 Days of Encouragement From the Bible For Those Paying Off Debt on Kindle.

This post contains an affiliate link. That means when you get a great deal or maybe even something for free, you also help our family pay off our mortgage early. And for that, we royally thank you!
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Cherie Lowe is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

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Testimonials

  • Margaret FeinbergMargaret FeinbergAuthor of Fight Back With Joy

    "Cherie Lowe is a gifted writer, researcher, and thinker who lives what she teaches. Her inspirational story reminds all of us that we don’t have to fall prey the debt dragon. Living debt free is possible if you follow Lowe’s sound and practical wisdom."

  • Ruth SoukupRuth SoukupLiving Well Spending Less

    "When it comes to saving money and paying off debt, Cherie not only talks the talk, but truly walks the walk! Sharing easy-to-implement ideas along with a dose of tough love, Cherie leads with the perfect combination of empathy and authority. If you are struggling to pay off debt, you won't find a better cheerleader."

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