This program will help you undo financial bondage.
Eliminating debt enhances your short
and long-term financial condition by positioning you to set aside huge portions
of your income for wealth building endeavors (saving, investing, and
entrepreneurship). This focus stops you from engaging a “spend first”
mentality and moves you away from immediately seeking a way to fulfill your
desires. It puts you in a place where you get all His desires for you in His
timing, per His plan and purposes for your life, calling, career, etc. Aren’t
His desires and timing better than anything you could imagine for yourself?
While engaging this process,
continually honor the LORD by tithing and offering because these practices contain supernatural power to open the
windows of Heaven to bring you great blessing you could not muster on your own
and they are essential for providing for yourself, family, the Church, and
others in the manner He desires. Abundant giving and debt elimination do not
eradicate your ability to be fruitful and prosper like some naysayers suppose.
Rather, these spiritual practices please the LORD even though the pathway they
are on are different than the pathway many of your peers take. This bible-based
path requires faith, obedience, and fortitude to engage. Regardless of how the
math might look on paper, following this path results in a far greater ability
to draw money and resources to you to help pay off debt much faster than you
otherwise could while producing excitement in your life because you are
partnered with the LORD to bring about His will in the earth and fulfill your
purpose.
Paying off your remaining mortgage
and car note when you have money sitting around earning very little interest is
a wise practice that produces great financial blessings for you. When you don’t
have enough money to immediately pay off your entire mortgage, quickly talk to
financial institution officers about refinancing your home and car at the
lowest possible interest rate and closing cost. Perform necessary calculations
to ensure the monthly savings you obtain via the reduced monthly mortgage and
car payment will totally recoup the refinance costs within the number of years
you plan to keep the house and car. Go the extra mile and ask the officer to
provide you with a no-cost or very low-cost refinance. Sometimes, you ‘have
not’ simply because you ‘ask not!’
When you’re in a very tight
financial position with little emergency funds, and extra income and
drastically reducing monthly expenses doesn’t seem to be an option you can
quickly engage, it could be best to sell your current house and car to more
quickly eliminate debt and stay in a debt-free financial position, especially
when you can get another suitable house and transportation at a much lower
monthly payment including monthly maintenance and repair costs. This would only
be a temporary situation because your new debt-free position will allow you to
aggressively save and invest money to get a much better house and car without also
signing on for mortgage payments that would strangle your financial future.
This type of focused debt elimination will cause super and natural blessings to
overflow throughout your life as you move into the bountiful future the LORD
desires for you.
Deuteronomy 28:12,
Proverbs 22:7, Luke 16:8-10, Romans 13:8, Ephesians 5:15-17
Please
pray for this ministry and email questions to parlor@ameritech.net
and share the links below with others who need guidance. May the Lord bless you
richly as you follow His plan!
Share https://kminfo.org/ministries/financial-freedom
weekly with family and
friends so these bondage-breaking articles and other financial information can
help them gain helpful insight! @everyone
The
book at the link below provides principles and practical steps that help you
use the Power to Get Wealth. By 1992, we had $135,000 of debt and
negative $35,000 net worth. Financial bondage and turmoil led me to seek
principles and a process for employing good stewardship. As a result, we became
constructively debt-free in 1998, mortgage free January 2004, millionaires in
2012, multi-millionaires shortly thereafter, and retired in 2018 in my
mid-fifties from public servant jobs while giving abundantly to fund the gospel
of our Lord Jesus Christ. The same power is available to you!
You can find books authored by Randy and
Karen Parlor at www.Amazon.com.
You can also connect with
Randy Parlor on Facebook, Twitter, LinkedIn, Instagram, Google Blogger,
WordPress, Pinterest, TikTok, Tumbler, and You Tube.
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