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Getting out of Debt

You Can’t Change the World Without Doing This First

2 Minute Read

Whether you’re young or old, you don’t want any part of debt.

When you’re young, you have your entire life in front of you. As you get older, you want to enjoy friends and family without being stressed out by money issues.

Living with debt is like walking around with chains around your neck. Your choices are restricted, and you lack freedom. And that’s just no way to live!

Eventually, borrowed money and poor spending decisions will catch up with you, and those choices will have an effect on the rest of your life. It’s much harder to make a difference in the world when you’re stressed about paying back loans and credit cards.

Think about this: What could you do with the money you’re currently using to pay back student loans, credit cards and car payments? Think about all the ways you could use that income to tithe, give to charity and help others.

That’s why it’s so important to get out of debt as quickly as you can. The quicker you can get Visa to stop breathing down your neck, the quicker you’ll be able to take that $300-a-month payment and put it toward something meaningful, like retirement, investing and charity.

That’s why, no matter where you are in life, it’s important to begin making smart decisions that allow you to stay out of debt. Get on a budget. Cut up and stop using credit cards. Live on less than you make. Stop financing new cars.

All of those daily decisions will eventually bring you to a debt-free life, where you’ll be free to chase your dreams and make an impact without worrying about debt.

Debt isn’t a tool. Cash (that’s actual money, not credit) is a tool. The more you earn and the more you save, the easier it is for you to make a difference. Don’t let debt keep you from changing lives and changing the world!

Rachel Cruze is a seasoned communicator and presenter, helping Americans learn the proper ways to handle money and stay out of debt. She co-authored the #1 New York Times best-selling book Smart Money Smart Kids with her dad, Dave Ramsey. Her new book, Love Your Life, Not Theirs, releases October 2016. You can follow Rachel on Twitter at @RachelCruze, online at, or at

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