One of the most positive changes in my life is that besides our mortgage, Heather and I are totally debt free. We don't have payments to on credit cards*, cars, or loans of any kind. It is remarkable, so remarkable in fact that I'm going to help you get there. I'm going to put my money where my mouth is, as they say.
The first step to becoming debt free is having a plan. It takes a certain amount of discipline too of course, but having a game plan and a reference is immensely helpful. Heather and I read a book by Dave Ramsey called The Total Money Makeover: A Proven Plan for Financial Fitness and used that as our plan. In short, Dave suggests seven “baby steps” to becoming debt free and taking control of your money. They work, very, very well but you have to follow them.
I believe in this concept so much (and in Dave's plan in general) that I bought 10 copies of Dave Ramsey's “Total Money Makeover” to give away to my readers. I have five physical books, and five audio CDs to give away.
All you have to do is post a comment below explaining why you want to get out of debt (you don't have to include amounts of course) and how it would affect your life. From the comments, I'll pick 10 of you to send the book to. That simple. In your post, indicate which format you'd like and as supplies last I'll send you what you'd like.
If you have no interest in the book or being debt free, but know someone that might, please share this post with them. If you really want to get the word out there, retweet my Twitter post or post it in Facebook as your status.
You have nothing to lose and everything to gain. Why do you want to be debt free?
P.S. Dave Ramsey also has a podcast on iTunes. It is an hour long, and really got me fired up about being debt free. Listen for yourself.
* We have a credit card, but I pay it off literally every 4 days. Chase doesn't like us because we don't carry a balance (they make no interest), and we earn $1 for every hundred we spend. They literally pay us to have that card. There is a certain amount of risk we're taking by doing this. I'd recommend that you do away with all credit cards, no matter the circumstance, then once you're totally debt free maybe do something like this. It is literally playing with snakes and takes a lot of discipline. Start simple, really.