YMC005:  Gaining Control of Your Finances Part 2 – Getting Out of Debt.

Expanding on the topic of gaining control of your finances, this episode shifts the focus to getting out of debt. Once you and your spouse have gotten on the same page about handling your money and started creating a budget, it’s time to begin tackling your debt.  Getting yourselves in the right mindset is key to making this happen.  Join hosts Gene and Jon Abercrombie as they discuss seven simple steps that will help you prepare yourselves mentally for the challenge ahead, and help you maintain your focus so you can finish the job and celebrate your victory!

Time Stamped Show Notes

[4:40] Jon introduces an article he found on DailyWorth.com entitled 7 Simple Steps to Paying Off Debt (link no longer available).

Acknowledge the Debt You Have [7:21]

Accept the Debt You Have and Forgive Yourself [9:10]

Focus on the Present [16:38]

Create a Game Plan [19:05]

Make Additional Payments [23:00]

Remember it’s Temporary [28:46]

Celebrate Mini Milestones [31:38]

[35:12] Jon reads this week’s YMC Scripture Spotlight, Proverbs 22:7.

[35:25] Gene issues the Marriage Challenge of the Week to the YMC Community – Go to www.yourmarriagecovenant.com, and leave a comment on this episode sharing what your plans are for attacking your debt!

[36:55] Jon leads the YMC Community in prayer.

[37:25] Gene and Jon share the YMC website address, social media outlets, and invite the YMC Community to subscribe to and leave a review about the YMC Podcast on iTunes, Stitcher, and Google Play.

YMC Website and Social Media Outlets

Website www.yourmarriagecovenant.com

Facebook: @yourmarriagecovenant

Instagram: @yourmarriagecovenant

Twitter: @yourmarriagecov

Stitcher: www.yourmarriagecovenant.com/stitcher

Google Play: www.yourmarriagecovenant.com/googleplay