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How Can I Avoid Getting Back Into Debt? · Becoming Financially Confident

• 0:57
  You're
• 0:57
  making
• 0:57
  progress.
• 0:58
  You're
• 0:59
  paying
• 0:59
  down
• 0:59
  your
• 0:59
  debt.
• 1:01
  Maybe
• 1:01
  you
• 1:01
  even
• 1:01
  paid
• 1:02
  off
• 1:02
  a
• 1:02
  debt
• 1:02
  or
• 1:02
  two.
• 1:03
  And
• 1:04
  that
• 1:04
  feeling,
• 1:04
  that
• 1:05
  feeling
• 1:05
  is
• 1:05
  incredible.
• 1:07
  But
• 1:07
  is
• 1:07
  there
• 1:08
  this
• 1:08
  nagging
• 1:08
  fear
• 1:09
  in
• 1:09
  the
• 1:09
  back
• 1:09
  of
• 1:10
  your
• 1:10
  mind
• 1:10
  that
• 1:10
  somehow
• 1:11
  you'll
• 1:11
  slip
• 1:12
  back
• 1:12
  into
• 1:12
  those
• 1:13
  old
• 1:13
  habits
• 1:13
  and
• 1:14
  end
• 1:14
  up
• 1:14
  right
• 1:14
  where
• 1:15
  you
• 1:15
  started?
• 1:16
  Well,
• 1:16
  stick
• 1:16
  with
• 1:17
  me
• 1:17
  today
• 1:17
  because
• 1:17
  we're
• 1:17
  going
• 1:18
  to
• 1:18
  explore
• 1:18
  how
• 1:18
  to
• 1:18
  protect
• 1:19
  that
• 1:19
  freedom
• 1:20
  that
• 1:20
  you've
• 1:20
  gained.
• 1:22
  This
• 1:23
  is
• 1:23
  Financially
• 1:24
  Confident
• 1:24
  Christian,
• 1:25
  your
• 1:25
  daily
• 1:25
  dose
• 1:26
  of
• 1:26
  gospel
• 1:26
  grounded
• 1:27
  insight
• 1:27
  and
• 1:27
  faith
• 1:28
  driven
• 1:28
  tips
• 1:29
  to
• 1:29
  help
• 1:29
  you
• 1:29
  break
• 1:29
  the
• 1:30
  cycle
• 1:30
  of
• 1:30
  financial
• 1:30
  shame
• 1:31
  with
• 1:31
  confidence.
• 1:35
  Hey
• 1:35
  there.
• 1:36
  Welcome
• 1:36
  back
• 1:36
  to
• 1:36
  your
• 1:37
  daily
• 1:37
  Financially
• 1:38
  Confident
• 1:38
  Christian.
• 1:39
  I'm
• 1:39
  Ralph.
• 1:40
  And
• 1:40
  it's
• 1:40
  truly
• 1:40
  inspiring
• 1:41
  to
• 1:41
  witness
• 1:42
  your
• 1:42
  commitment.
• 1:43
  This
• 1:44
  is
• 1:44
  the
• 1:44
  show
• 1:44
  that
• 1:44
  helps
• 1:45
  you
• 1:45
  answer
• 1:45
  that
• 1:46
  question,
• 1:47
  how
• 1:47
  can
• 1:47
  I
• 1:47
  become
• 1:48
  a
• 1:48
  financially
• 1:49
  confident
• 1:50
  Christian?
• 1:50
  We
• 1:51
  continue
• 1:51
  on
• 1:51
  this
• 1:52
  journey
• 1:52
  through
• 1:52
  our
• 1:52
  series
• 1:53
  of
• 1:53
  dealing
• 1:53
  with
• 1:54
  the
• 1:54
  stress
• 1:54
  of
• 1:54
  money
• 1:55
  worries.
• 1:56
  We
• 1:56
  spent
• 1:57
  some
• 1:57
  serious
• 1:57
  time
• 1:58
  tackling
• 1:58
  that
• 1:59
  existing
• 1:59
  debt.
• 1:59
  We've
• 2:00
  strategized,
• 2:01
  we've
• 2:01
  found
• 2:02
  extra
• 2:02
  money,
• 2:03
  and
• 2:04
  every
• 2:04
  day
• 2:04
  we're
• 2:04
  working
• 2:05
  to
• 2:05
  stay
• 2:05
  motivated.
• 2:06
  And
• 2:07
  you're
• 2:07
  building
• 2:07
  powerful
• 2:08
  momentum
• 2:08
  towards
• 2:09
  debt
• 2:09
  freedom.
• 2:11
  But
• 2:11
  here's
• 2:12
  the
• 2:12
  truth.
• 2:13
  Getting
• 2:14
  out
• 2:14
  of
• 2:14
  debt
• 2:14
  is
• 2:15
  one
• 2:15
  challenge,
• 2:16
  but
• 2:17
  staying
• 2:17
  out
• 2:17
  of
• 2:17
  debt,
• 2:18
  that's
• 2:18
  another.
• 2:20
  That
• 2:20
  temptation
• 2:21
  to
• 2:21
  borrow
• 2:21
  can
• 2:22
  still
• 2:22
  be
• 2:22
  there
• 2:23
  and
• 2:23
  unexpected
• 2:23
  life
• 2:24
  events
• 2:24
  can
• 2:25
  try
• 2:25
  to
• 2:25
  push
• 2:25
  you
• 2:25
  right
• 2:26
  back
• 2:26
  into
• 2:26
  that
• 2:27
  debt
• 2:27
  cycle.
• 2:29
  So
• 2:29
  today
• 2:29
  we're
• 2:30
  focusing
• 2:30
  on
• 2:30
  protecting
• 2:31
  your
• 2:31
  progress
• 2:32
  and
• 2:32
  asking,
• 2:33
  how
• 2:33
  can
• 2:33
  I
• 2:34
  avoid
• 2:34
  getting
• 2:35
  back
• 2:35
  into
• 2:35
  debt
• 2:36
  once
• 2:36
  I
• 2:36
  start
• 2:37
  getting
• 2:37
  free,
• 2:38
  or
• 2:38
  maybe
• 2:39
  even
• 2:39
  while
• 2:39
  I'm
• 2:39
  still
• 2:40
  paying
• 2:40
  it
• 2:40
  off?
• 2:42
  Now,
• 2:42
  maybe
• 2:42
  you've
• 2:42
  experienced
• 2:43
  this
• 2:43
  before.
• 2:43
  You
• 2:44
  pay
• 2:44
  off
• 2:44
  a
• 2:44
  credit
• 2:45
  card,
• 2:45
  you
• 2:45
  feel
• 2:46
  this
• 2:46
  wave
• 2:46
  of
• 2:46
  relief,
• 2:48
  then
• 2:48
  a
• 2:49
  few
• 2:49
  months
• 2:49
  later
• 2:49
  that
• 2:50
  balance
• 2:50
  starts
• 2:50
  creeping
• 2:51
  back
• 2:51
  up.
• 2:52
  Or
• 2:53
  maybe
• 2:53
  you
• 2:53
  have
• 2:53
  to
• 2:54
  handle
• 2:54
  an
• 2:54
  unexpected
• 2:55
  expense
• 2:55
  with
• 2:56
  debt
• 2:56
  because
• 2:56
  your
• 2:56
  savings,
• 2:57
  well,
• 2:57
  they
• 2:57
  just
• 2:58
  weren't
• 2:58
  quite
• 2:58
  enough
• 2:58
  yet.
• 3:00
  And
• 3:00
  this
• 3:00
  cycle
• 3:01
  of
• 3:01
  getting
• 3:01
  out
• 3:01
  of
• 3:02
  debt
• 3:02
  and
• 3:02
  then
• 3:02
  falling
• 3:03
  back
• 3:03
  in
• 3:03
  is
• 3:03
  incredibly
• 3:04
  frustrating.
• 3:06
  And
• 3:06
  it's
• 3:06
  a
• 3:06
  major
• 3:07
  struggle.
• 3:07
  And
• 3:08
  I've,
• 3:08
  I've
• 3:08
  been
• 3:08
  there,
• 3:09
  right
• 3:09
  there
• 3:09
  with
• 3:09
  you.
• 3:11
  And
• 3:11
  truth
• 3:11
  is,
• 3:12
  it
• 3:12
  can
• 3:12
  lead
• 3:12
  to
• 3:12
  deep
• 3:13
  discouragement.
• 3:13
  It
• 3:14
  can
• 3:14
  reinforce
• 3:15
  feelings
• 3:15
  of
• 3:15
  financial
• 3:16
  failure
• 3:19
  and
• 3:19
  make
• 3:19
  you
• 3:19
  question
• 3:21
  if
• 3:21
  lasting
• 3:22
  freedom
• 3:22
  is
• 3:22
  even
• 3:23
  possible
• 3:23
  for
• 3:23
  you.
• 3:25
  And
• 3:25
  this
• 3:26
  stress
• 3:26
  comes
• 3:26
  from
• 3:26
  that
• 3:27
  fear
• 3:27
  of
• 3:27
  undoing
• 3:28
  your
• 3:28
  hard
• 3:28
  work
• 3:28
  and
• 3:29
  feeling
• 3:29
  trapped
• 3:30
  in
• 3:30
  a
• 3:30
  loop
• 3:30
  that
• 3:31
  you
• 3:31
  just
• 3:31
  can't
• 3:32
  seem
• 3:33
  to
• 3:33
  escape.
• 3:35
  But
• 3:36
  here's
• 3:36
  the
• 3:36
  thing.
• 3:38
  Staying
• 3:38
  out
• 3:38
  of
• 3:39
  debt,
• 3:39
  just
• 3:39
  like
• 3:39
  getting
• 3:40
  out,
• 3:40
  requires
• 3:41
  intentionality,
• 3:43
  it
• 3:43
  requires
• 3:44
  discipline.
• 3:45
  And
• 3:45
  often
• 3:46
  it
• 3:46
  requires
• 3:47
  delayed
• 3:47
  gratification.
• 3:50
  And
• 3:50
  it's
• 3:50
  not
• 3:50
  just
• 3:50
  about
• 3:50
  willpower.
• 3:51
  It's
• 3:52
  about
• 3:52
  building
• 3:52
  habits
• 3:53
  and
• 3:53
  putting
• 3:53
  safeguards
• 3:54
  in
• 3:54
  place.
• 3:56
  And
• 3:56
  the
• 3:56
  Bible
• 3:56
  gives
• 3:57
  us
• 3:57
  wisdom
• 3:57
  on
• 3:57
  avoiding
• 3:58
  debt.
• 3:58
  Look
• 3:58
  at
• 3:59
  the
• 3:59
  book
• 3:59
  of
• 3:59
  Proverbs,
• 4:00
  chapter
• 4:00
  22,
• 4:01
  verses
• 4:02
  26
• 4:02
  and
• 4:02
  27.
• 4:03
  It
• 4:03
  warns
• 4:04
  against
• 4:04
  co
• 4:04
  signing
• 4:05
  for
• 4:05
  others
• 4:06
  saying
• 4:06
  this.
• 4:08
  Do
• 4:08
  not
• 4:08
  be
• 4:08
  one
• 4:08
  who
• 4:09
  pats
• 4:09
  on
• 4:09
  wrists
• 4:10
  or
• 4:10
  one
• 4:10
  who
• 4:11
  vouches
• 4:11
  for
• 4:11
  debts.
• 4:13
  If
• 4:13
  you
• 4:13
  lack
• 4:14
  the
• 4:14
  means
• 4:14
  to
• 4:14
  pay,
• 4:15
  your
• 4:15
  very
• 4:16
  bed
• 4:16
  will
• 4:16
  be
• 4:16
  snatched
• 4:17
  from
• 4:17
  under
• 4:17
  you.
• 4:18
  Now
• 4:18
  that's
• 4:19
  harsh,
• 4:20
  but
• 4:21
  we
• 4:21
  need
• 4:21
  to
• 4:21
  heed
• 4:21
  that
• 4:22
  warning.
• 4:23
  And
• 4:24
  this
• 4:24
  highlights
• 4:24
  that
• 4:25
  serious
• 4:25
  consequences
• 4:26
  of
• 4:27
  taking
• 4:27
  on
• 4:27
  financial
• 4:27
  obligations
• 4:28
  that
• 4:29
  you
• 4:29
  can't
• 4:30
  cover.
• 4:32
  And
• 4:32
  more
• 4:32
  broadly,
• 4:34
  the
• 4:34
  principle
• 4:35
  extends
• 4:35
  to
• 4:35
  personal
• 4:35
  debt.
• 4:36
  Living
• 4:36
  within
• 4:37
  your
• 4:37
  means
• 4:38
  and
• 4:38
  being
• 4:38
  content
• 4:40
  with
• 4:41
  what
• 4:41
  you
• 4:41
  already
• 4:41
  have.
• 4:43
  It's
• 4:43
  a
• 4:43
  powerful
• 4:44
  way
• 4:44
  to
• 4:44
  avoid
• 4:44
  that
• 4:45
  need
• 4:45
  or
• 4:45
  that
• 4:46
  desire
• 4:46
  to
• 4:46
  borrow
• 4:47
  unnecessarily.
• 4:50
  Continuing
• 4:50
  on
• 4:50
  In
• 4:50
  Scripture,
• 4:51
  self
• 4:51
  control
• 4:52
  is
• 4:52
  listed
• 4:53
  as
• 4:53
  a
• 4:53
  fruit
• 4:53
  of
• 4:53
  the
• 4:54
  Spirit.
• 4:54
  Look
• 4:54
  at
• 4:54
  the
• 4:55
  Book
• 4:55
  of
• 4:55
  Galatians,
• 4:55
  chapter
• 4:56
  5,
• 4:56
  verses
• 4:57
  22
• 4:57
  and
• 4:58
  23.
• 4:58
  I
• 4:58
  don't
• 4:59
  have
• 4:59
  time
• 4:59
  to
• 4:59
  cover
• 4:59
  that
• 4:59
  today,
• 5:00
  but
• 5:00
  I'm
• 5:00
  going
• 5:00
  to
• 5:00
  encourage
• 5:01
  you
• 5:01
  to
• 5:01
  read
• 5:01
  it
• 5:02
  because
• 5:02
  this
• 5:02
  is
• 5:03
  a
• 5:03
  key
• 5:03
  quality
• 5:04
  that
• 5:04
  God
• 5:05
  helps
• 5:05
  us
• 5:05
  develop
• 5:06
  to
• 5:06
  help
• 5:07
  us
• 5:07
  manage
• 5:07
  our
• 5:08
  desires
• 5:10
  and
• 5:10
  truly
• 5:10
  make
• 5:11
  wise
• 5:11
  choices
• 5:12
  with
• 5:12
  our
• 5:12
  money.
• 5:12
  Avoiding
• 5:13
  that
• 5:13
  lure
• 5:14
  of
• 5:14
  instant
• 5:14
  gratification
• 5:16
  through
• 5:16
  debt.
• 5:18
  And
• 5:18
  I
• 5:19
  want
• 5:19
  you
• 5:19
  to
• 5:19
  hear
• 5:19
  this
• 5:20
  Avoiding
• 5:21
  new
• 5:21
  debt
• 5:21
  is
• 5:21
  an
• 5:22
  act
• 5:22
  of
• 5:22
  wise
• 5:23
  stewardship.
• 5:24
  It's
• 5:24
  protecting
• 5:25
  your
• 5:25
  future
• 5:25
  peace
• 5:26
  and
• 5:26
  it's
• 5:27
  honoring
• 5:27
  God
• 5:27
  with
• 5:28
  your
• 5:28
  resources.
• 5:29
  Why?
• 5:29
  Because
• 5:29
  you're
• 5:30
  relying
• 5:30
  on
• 5:30
  his
• 5:31
  provision
• 5:32
  and
• 5:32
  your
• 5:32
  diligent
• 5:33
  planning,
• 5:35
  not
• 5:35
  relying
• 5:35
  on
• 5:36
  those
• 5:36
  lenders.
• 5:39
  So
• 5:39
  what
• 5:39
  can
• 5:40
  we
• 5:40
  do?
• 5:41
  How
• 5:41
  do
• 5:42
  you
• 5:42
  build
• 5:42
  those
• 5:42
  strong
• 5:43
  defenses
• 5:43
  to
• 5:44
  prevent
• 5:44
  new
• 5:44
  debt
• 5:45
  from
• 5:45
  derailing
• 5:46
  your
• 5:46
  progress
• 5:46
  and
• 5:47
  bringing
• 5:47
  back
• 5:48
  that
• 5:48
  stress
• 5:48
  that
• 5:49
  you
• 5:49
  work
• 5:49
  so
• 5:50
  hard
• 5:50
  to
• 5:50
  break?
• 5:50
  And
• 5:51
  listen,
• 5:51
  if
• 5:51
  you've
• 5:52
  been
• 5:52
  in
• 5:52
  debt,
• 5:52
  you
• 5:53
  remember
• 5:53
  that
• 5:53
  stress
• 5:54
  all
• 5:54
  too
• 5:54
  well.
• 5:54
  I
• 5:55
  bet.
• 5:56
  Well,
• 5:57
  the
• 5:57
  single
• 5:57
  essential
• 5:58
  solution
• 5:58
  is
• 5:59
  to
• 5:59
  develop
• 6:00
  conscious
• 6:00
  habits
• 6:00
  and
• 6:01
  establish
• 6:01
  clear
• 6:02
  boundaries
• 6:02
  around
• 6:03
  your
• 6:03
  spending
• 6:04
  that
• 6:04
  eliminate
• 6:04
  that
• 6:05
  need
• 6:06
  and
• 6:06
  maybe
• 6:06
  more
• 6:06
  importantly
• 6:07
  the
• 6:07
  temptation
• 6:08
  to
• 6:08
  take
• 6:08
  on
• 6:08
  unnecessary
• 6:09
  new
• 6:10
  debt.
• 6:10
  And
• 6:10
  this
• 6:11
  means
• 6:11
  being
• 6:11
  proactive
• 6:12
  about
• 6:12
  preventing
• 6:13
  debt
• 6:14
  before
• 6:14
  it
• 6:14
  even
• 6:15
  has
• 6:15
  a
• 6:15
  chance
• 6:16
  to
• 6:16
  start.
• 6:17
  So
• 6:17
  okay,
• 6:18
  here's
• 6:18
  your
• 6:18
  one
• 6:19
  action
• 6:19
  step
• 6:19
  for
• 6:20
  today,
• 6:20
  specifically
• 6:21
  focused
• 6:21
  on
• 6:22
  avoiding
• 6:22
  unnecessary
• 6:23
  new
• 6:23
  debt.
• 6:24
  To
• 6:24
  start,
• 6:25
  I
• 6:25
  want
• 6:25
  to
• 6:25
  start
• 6:26
  by
• 6:26
  asking
• 6:26
  you
• 6:27
  to
• 6:27
  identify
• 6:28
  your
• 6:28
  debt
• 6:28
  triggers.
• 6:29
  You
• 6:30
  need
• 6:30
  to
• 6:30
  think
• 6:30
  honestly
• 6:31
  about
• 6:31
  why
• 6:32
  you've
• 6:32
  taken
• 6:32
  on
• 6:32
  debt
• 6:33
  in
• 6:33
  the
• 6:33
  past.
• 6:33
  Or
• 6:33
  maybe
• 6:34
  it's
• 6:34
  right
• 6:35
  now
• 6:35
  you're
• 6:35
  taking
• 6:35
  it
• 6:35
  on.
• 6:37
  Ask
• 6:37
  yourself,
• 6:39
  was
• 6:39
  it
• 6:39
  unexpected
• 6:40
  expenses?
• 6:42
  Is
• 6:42
  that
• 6:43
  impulse
• 6:43
  buying
• 6:44
  that
• 6:44
  you've
• 6:44
  worked
• 6:45
  so
• 6:45
  hard
• 6:45
  to
• 6:46
  curb?
• 6:48
  Is
• 6:48
  it
• 6:48
  wanting
• 6:48
  things
• 6:49
  you
• 6:49
  couldn't
• 6:49
  afford
• 6:50
  right
• 6:50
  now?
• 6:50
  Or
• 6:50
  maybe
• 6:51
  just
• 6:51
  peer
• 6:52
  pressure?
• 6:53
  And
• 6:53
  see,
• 6:53
  identifying
• 6:54
  your
• 6:54
  one
• 6:55
  or
• 6:55
  two
• 6:55
  biggest
• 6:56
  triggers
• 6:56
  can
• 6:56
  help
• 6:57
  you
• 6:57
  on
• 6:57
  this
• 6:58
  process.
• 6:59
  Next
• 7:00
  thing,
• 7:00
  it's
• 7:00
  time
• 7:00
  to
• 7:01
  implement
• 7:01
  the
• 7:02
  weight
• 7:02
  rule
• 7:02
  or
• 7:02
  for
• 7:02
  non
• 7:03
  essentials
• 7:03
  or
• 7:03
  what
• 7:04
  I've
• 7:04
  called
• 7:04
  that
• 7:04
  big
• 7:05
  pause.
• 7:06
  So
• 7:06
  for
• 7:06
  any
• 7:07
  non
• 7:07
  essential
• 7:07
  purchase
• 7:08
  over
• 7:08
  a
• 7:09
  specific
• 7:09
  amount
• 7:09
  that
• 7:09
  you
• 7:10
  say,
• 7:10
  you
• 7:10
  pick
• 7:10
  it
• 7:10
  for
• 7:11
  example
• 7:11
  maybe
• 7:11
  for
• 7:12
  you
• 7:12
  it's
• 7:12
  $25
• 7:13
  or
• 7:13
  $50
• 7:14
  or
• 7:15
  maybe
• 7:15
  $100.
• 7:16
  Whatever
• 7:17
  you
• 7:17
  decide,
• 7:17
  then
• 7:18
  you're
• 7:18
  going
• 7:18
  to
• 7:18
  implement
• 7:18
  what
• 7:19
  I
• 7:19
  call
• 7:19
  a
• 7:19
  mandatory
• 7:20
  waiting
• 7:20
  period,
• 7:21
  like
• 7:21
  24
• 7:22
  hours
• 7:22
  or
• 7:23
  36
• 7:23
  hours
• 7:24
  or
• 7:24
  maybe
• 7:24
  even
• 7:24
  48
• 7:25
  hours.
• 7:25
  Or
• 7:25
  for
• 7:25
  you,
• 7:26
  maybe
• 7:26
  it
• 7:26
  even
• 7:26
  needs
• 7:27
  to
• 7:27
  be
• 7:27
  a
• 7:27
  week
• 7:28
  and
• 7:28
  you
• 7:28
  just
• 7:28
  pause
• 7:29
  and
• 7:29
  you
• 7:29
  don't
• 7:30
  spend.
• 7:31
  And
• 7:31
  then
• 7:31
  if
• 7:31
  you
• 7:31
  still
• 7:32
  need
• 7:32
  and
• 7:32
  can
• 7:33
  truly
• 7:33
  afford
• 7:33
  it,
• 7:34
  then
• 7:34
  you
• 7:34
  can
• 7:35
  consider
• 7:35
  buying
• 7:35
  it
• 7:36
  because
• 7:37
  this
• 7:37
  will
• 7:37
  break
• 7:37
  that
• 7:38
  impulse
• 7:38
  cycle.
• 7:40
  The
• 7:40
  next
• 7:41
  thing
• 7:41
  you
• 7:41
  need
• 7:41
  to
• 7:41
  do
• 7:41
  is
• 7:42
  prioritize
• 7:43
  strengthening
• 7:43
  your
• 7:43
  emergency
• 7:44
  fund,
• 7:44
  because
• 7:44
  maybe
• 7:45
  for
• 7:45
  you
• 7:45
  it's
• 7:45
  those
• 7:46
  emergency
• 7:46
  expenses.
• 7:48
  So
• 7:48
  I'm
• 7:48
  going
• 7:48
  to
• 7:48
  encourage
• 7:49
  you
• 7:49
  to
• 7:49
  revisit
• 7:49
  your
• 7:50
  emergency
• 7:50
  fund
• 7:51
  goal.
• 7:51
  We
• 7:51
  covered
• 7:52
  that
• 7:52
  in
• 7:52
  episode
• 7:53
  154,
• 7:54
  and
• 7:54
  make
• 7:54
  a
• 7:55
  commitment
• 7:55
  again
• 7:55
  or
• 7:56
  maybe
• 7:56
  a
• 7:56
  recommitment
• 7:57
  to
• 7:58
  building
• 7:58
  it
• 7:58
  up.
• 7:59
  Because
• 7:59
  listen,
• 8:00
  a
• 8:00
  solid
• 8:00
  emergency
• 8:01
  fund,
• 8:01
  and
• 8:01
  ideally,
• 8:02
  like
• 8:02
  I
• 8:02
  talked
• 8:02
  about
• 8:03
  in
• 8:03
  the
• 8:03
  show,
• 8:03
  three
• 8:03
  to
• 8:04
  six
• 8:04
  months
• 8:04
  of
• 8:04
  essential
• 8:05
  expenses
• 8:05
  is
• 8:06
  your
• 8:06
  best
• 8:07
  defense
• 8:08
  against
• 8:08
  those
• 8:08
  unexpected
• 8:09
  costs
• 8:10
  forcing
• 8:10
  you
• 8:10
  back
• 8:11
  into
• 8:11
  debt.
• 8:12
  So
• 8:12
  I
• 8:12
  want
• 8:13
  to
• 8:13
  encourage
• 8:13
  you
• 8:13
  today
• 8:14
  make
• 8:14
  a
• 8:14
  building
• 8:14
  this
• 8:15
  a
• 8:15
  priority
• 8:16
  in
• 8:16
  your
• 8:16
  budget.
• 8:18
  And
• 8:18
  then
• 8:18
  finally,
• 8:20
  one
• 8:20
  of
• 8:21
  the
• 8:21
  things
• 8:21
  that
• 8:21
  I
• 8:21
  think
• 8:21
  you
• 8:22
  can
• 8:22
  do
• 8:22
  is
• 8:22
  use
• 8:23
  cash
• 8:23
  or
• 8:23
  debit
• 8:24
  for
• 8:24
  those
• 8:24
  flexible
• 8:25
  spending
• 8:26
  items.
• 8:27
  So
• 8:27
  for
• 8:27
  variable
• 8:28
  spending
• 8:28
  categories
• 8:29
  where
• 8:29
  you
• 8:29
  tend
• 8:30
  to
• 8:30
  overspend
• 8:30
  or
• 8:31
  you
• 8:31
  find
• 8:31
  yourself
• 8:32
  making
• 8:32
  those
• 8:32
  impulse
• 8:33
  buys
• 8:34
  like
• 8:34
  dining
• 8:35
  out
• 8:35
  or
• 8:35
  maybe
• 8:36
  entertainment
• 8:36
  or
• 8:37
  just
• 8:37
  that
• 8:37
  personal
• 8:38
  spending,
• 8:39
  I'm
• 8:39
  going
• 8:39
  to
• 8:39
  encourage
• 8:40
  you
• 8:40
  to
• 8:40
  try
• 8:40
  using
• 8:41
  cash
• 8:41
  or
• 8:41
  even
• 8:41
  your
• 8:42
  debit
• 8:42
  card
• 8:43
  instead
• 8:43
  of
• 8:43
  those
• 8:43
  credit
• 8:44
  cards.
• 8:45
  Because
• 8:45
  seeing
• 8:46
  the
• 8:46
  money
• 8:46
  leave
• 8:46
  your
• 8:47
  hand
• 8:47
  or
• 8:47
  leave
• 8:47
  your
• 8:48
  bank
• 8:48
  account
• 8:48
  instantly,
• 8:49
  I
• 8:49
  just
• 8:50
  believe
• 8:50
  that
• 8:50
  creates
• 8:50
  more
• 8:51
  awareness
• 8:51
  than
• 8:52
  just
• 8:52
  using
• 8:52
  that
• 8:53
  credit
• 8:53
  card.
• 8:53
  It's
• 8:54
  just
• 8:54
  too
• 8:54
  easy.
• 8:56
  Now
• 8:56
  you
• 8:57
  might
• 8:57
  be
• 8:57
  asking,
• 8:57
  Ralph,
• 8:58
  why
• 8:58
  does
• 8:58
  this
• 8:58
  even
• 8:59
  help?
• 8:59
  Well,
• 9:00
  here's
• 9:00
  why.
• 9:00
  Because
• 9:01
  this
• 9:01
  single
• 9:01
  action
• 9:02
  directly
• 9:03
  fights
• 9:03
  that
• 9:03
  struggle
• 9:04
  of
• 9:04
  falling
• 9:05
  back
• 9:05
  into
• 9:05
  debt
• 9:06
  and
• 9:06
  losing
• 9:08
  your
• 9:08
  hard
• 9:08
  won
• 9:09
  progress.
• 9:10
  It
• 9:11
  builds
• 9:11
  powerful
• 9:12
  habits
• 9:12
  of
• 9:12
  intentional
• 9:13
  spending
• 9:13
  and
• 9:14
  delayed
• 9:15
  gratification.
• 9:17
  And
• 9:17
  I
• 9:17
  truly
• 9:18
  believe
• 9:18
  it
• 9:18
  protects
• 9:19
  your
• 9:19
  emergency
• 9:19
  fund
• 9:20
  and
• 9:20
  your
• 9:20
  budget,
• 9:21
  giving
• 9:21
  you
• 9:21
  a
• 9:21
  stronger
• 9:22
  defense
• 9:22
  against
• 9:23
  life's
• 9:24
  curveballs.
• 9:24
  And
• 9:25
  listen,
• 9:25
  I
• 9:25
  play
• 9:25
  softball.
• 9:26
  Sometimes
• 9:26
  you
• 9:26
  get
• 9:27
  a
• 9:27
  curveball,
• 9:28
  but
• 9:29
  this
• 9:29
  will
• 9:29
  help
• 9:29
  you
• 9:29
  without
• 9:30
  resorting
• 9:30
  back
• 9:30
  to
• 9:31
  borrowing
• 9:31
  again.
• 9:32
  And
• 9:32
  it
• 9:32
  replaces
• 9:33
  that
• 9:33
  stress
• 9:34
  of
• 9:34
  that
• 9:34
  debt
• 9:34
  cycle
• 9:34
  that
• 9:35
  you
• 9:35
  work
• 9:35
  so
• 9:36
  hard
• 9:36
  to
• 9:36
  break
• 9:36
  free.
• 9:37
  And
• 9:37
  it
• 9:37
  replaces
• 9:37
  it
• 9:38
  with
• 9:38
  the
• 9:38
  peace
• 9:39
  of
• 9:39
  controlled
• 9:40
  spending
• 9:41
  and
• 9:41
  growing
• 9:42
  freedom.
• 9:43
  Let's
• 9:43
  pray
• 9:43
  together
• 9:44
  now.
• 9:45
  Father
• 9:45
  God,
• 9:45
  we
• 9:46
  just
• 9:46
  thank
• 9:46
  you
• 9:46
  for
• 9:47
  showing
• 9:47
  us
• 9:47
  the
• 9:47
  path
• 9:48
  to
• 9:48
  financial
• 9:48
  freedom.
• 9:50
  And
• 9:50
  Lord,
• 9:50
  we
• 9:50
  confess
• 9:50
  that
• 9:51
  temptation
• 9:51
  to
• 9:52
  take
• 9:52
  on
• 9:52
  new
• 9:52
  debt
• 9:53
  is
• 9:53
  often
• 9:54
  present.
• 9:54
  And
• 9:55
  that
• 9:55
  fear,
• 9:55
  Lord,
• 9:56
  of
• 9:56
  slipping
• 9:57
  back
• 9:57
  is
• 9:58
  real
• 9:58
  for
• 9:58
  us.
• 10:00
  So
• 10:00
  Lord,
• 10:00
  please
• 10:01
  strengthen
• 10:01
  our
• 10:01
  self
• 10:02
  control
• 10:03
  and
• 10:03
  help
• 10:03
  us
• 10:03
  to
• 10:04
  establish
• 10:04
  wise
• 10:05
  boundaries
• 10:06
  around
• 10:06
  our
• 10:06
  spending,
• 10:06
  Lord,
• 10:07
  and
• 10:07
  give
• 10:07
  us
• 10:08
  the
• 10:08
  discipline
• 10:08
  to
• 10:09
  use
• 10:09
  that
• 10:09
  weight
• 10:10
  rule
• 10:10
  and
• 10:10
  and
• 10:11
  to
• 10:11
  prioritize
• 10:12
  building
• 10:12
  our
• 10:12
  savings
• 10:13
  buffer.
• 10:14
  Protect
• 10:15
  us
• 10:15
  from
• 10:16
  unnecessary
• 10:16
  debt
• 10:17
  and
• 10:17
  Lord,
• 10:17
  help
• 10:18
  us
• 10:18
  to
• 10:18
  live
• 10:18
  contentedly
• 10:19
  within
• 10:20
  the
• 10:20
  means
• 10:20
  that
• 10:20
  you
• 10:21
  provide.
• 10:21
  Guide
• 10:22
  us
• 10:22
  in
• 10:22
  every
• 10:22
  spending
• 10:23
  decision
• 10:23
  and
• 10:23
  we
• 10:24
  ask
• 10:24
  this
• 10:24
  in
• 10:25
  confidence
• 10:26
  in
• 10:26
  Jesus
• 10:27
  name.
• 10:28
  Amen.
• 10:29
  Preventing
• 10:30
  new
• 10:30
  debt
• 10:31
  is
• 10:31
  just
• 10:31
  as
• 10:31
  vital
• 10:32
  as
• 10:32
  paying
• 10:32
  off
• 10:33
  old
• 10:33
  debt.
• 10:33
  If
• 10:34
  you
• 10:34
  really
• 10:34
  want
• 10:35
  long
• 10:35
  term
• 10:35
  financial
• 10:36
  peace,
• 10:37
  build
• 10:37
  those
• 10:38
  habits,
• 10:38
  set
• 10:39
  those
• 10:39
  boundaries
• 10:40
  and
• 10:40
  protect
• 10:41
  the
• 10:41
  your
• 10:42
  freedom.
• 10:43
  You
• 10:43
  are
• 10:43
  making
• 10:44
  smart
• 10:44
  choices
• 10:45
  for
• 10:45
  your
• 10:45
  future
• 10:46
  and
• 10:46
  if
• 10:47
  avoiding
• 10:47
  new
• 10:47
  debt
• 10:47
  is
• 10:48
  a
• 10:48
  challenge
• 10:48
  you
• 10:48
  face,
• 10:49
  please
• 10:49
  share
• 10:49
  this
• 10:50
  episode
• 10:50
  with
• 10:50
  someone
• 10:50
  else
• 10:51
  who
• 10:51
  might
• 10:51
  be
• 10:52
  facing
• 10:52
  it
• 10:52
  as
• 10:52
  well.
• 10:53
  You
• 10:53
  can
• 10:53
  find
• 10:53
  resources
• 10:54
  and
• 10:54
  connect
• 10:55
  with
• 10:55
  the
• 10:55
  show
• 10:55
  at
• 10:55
  our
• 10:56
  website.
• 10:56
  That's
• 10:57
  at
• 10:57
  financially
• 10:58
  confident
• 10:58
  Christian.com
• 11:00
  and
• 11:00
  I
• 11:01
  have
• 11:01
  a
• 11:01
  special
• 11:01
  gift
• 11:01
  for
• 11:02
  you
• 11:02
  on
• 11:02
  your
• 11:02
  journey.
• 11:03
  For
• 11:03
  the
• 11:03
  first
• 11:03
  100
• 11:04
  listeners
• 11:04
  who
• 11:05
  go
• 11:05
  to
• 11:05
  financially
• 11:06
  confident
• 11:07
  Christian
• 11:07
  Christian.commaster,
• 11:09
  i'm
• 11:09
  going
• 11:10
  to
• 11:10
  give
• 11:10
  you
• 11:10
  a
• 11:10
  free
• 11:10
  copy
• 11:11
  of
• 11:11
  my
• 11:11
  book.
• 11:11
  It's
• 11:11
  called
• 11:12
  Mastering
• 11:12
  your
• 11:13
  Finances.
• 11:13
  It's
• 11:14
  a
• 11:14
  quick,
• 11:14
  powerful
• 11:15
  read
• 11:15
  designed
• 11:16
  as
• 11:16
  a
• 11:16
  starting
• 11:17
  point
• 11:17
  to
• 11:17
  help
• 11:18
  you
• 11:18
  break
• 11:18
  that
• 11:18
  cycle
• 11:19
  of
• 11:19
  financial
• 11:19
  shame
• 11:20
  and
• 11:21
  step
• 11:21
  into
• 11:21
  confidence
• 11:22
  and
• 11:22
  step
• 11:22
  into
• 11:23
  freedom.
• 11:23
  Again.
• 11:24
  Go
• 11:24
  to
• 11:24
  financially
• 11:25
  confident
• 11:25
  Christian.com
• 11:28
  master
• 11:28
  to
• 11:29
  get
• 11:29
  your
• 11:29
  free
• 11:29
  copy
• 11:30
  today.
• 11:31
  Now
• 11:31
  tomorrow
• 11:31
  we're
• 11:32
  going
• 11:32
  to
• 11:32
  be
• 11:32
  talking
• 11:32
  about
• 11:32
  navigating
• 11:33
  the
• 11:33
  world
• 11:33
  of
• 11:34
  credit
• 11:35
  and
• 11:35
  whether
• 11:35
  you
• 11:35
  can
• 11:35
  use
• 11:35
  it
• 11:36
  wisely
• 11:36
  without
• 11:37
  falling
• 11:38
  into
• 11:38
  debt
• 11:38
  again.
• 11:39
  You
• 11:39
  don't
• 11:39
  want
• 11:40
  to
• 11:40
  miss
• 11:40
  it.
• 11:40
  So
• 11:40
  make
• 11:41
  sure
• 11:41
  you
• 11:41
  join
• 11:41
  me
• 11:42
  and
• 11:42
  let's
• 11:42
  all
• 11:43
  go
• 11:43
  out
• 11:43
  there
• 11:43
  and
• 11:43
  be
• 11:44
  financially
• 11:45
  confident
• 11:46
  Christians.
• 11:47
  You
• 11:47
  can
• 11:47
  do
• 11:48
  this.
• 11:49
  I
• 11:49
  have
• 11:49
  confidence
• 11:50
  in
• 11:50
  you,
• 11:51
  have
• 11:51
  confidence
• 11:51
  in
• 11:52
  yourself.
• 11:52
  Stay
• 11:52
  financially
• 11:53
  savvy.
• 11:54
  God
• 11:54
  bless
• 11:54
  you
• 11:55
  and
• 11:55
  you
• 11:55
  have
• 11:55
  a
• 11:55
  great
• 11:55
  day
• 11:56
  today.
• 11:56
  Thank
• 11:57
  you
• 11:57
  for
• 11:57
  joining
• 11:57
  us
• 11:57
  today
• 11:58
  on
• 11:58
  the
• 11:58
  Financially
• 11:59
  Confident
• 12:00
  Christian
• 12:00
  show,
• 12:01
  where
• 12:01
  we're
• 12:01
  breaking
• 12:01
  the
• 12:02
  cycle
• 12:02
  of
• 12:02
  financial
• 12:03
  shame
• 12:03
  with
• 12:03
  confidence
• 12:04
  and
• 12:04
  faith.
• 12:05
  If
• 12:05
  you
• 12:05
  found
• 12:05
  value
• 12:05
  in
• 12:06
  this
• 12:06
  episode,
• 12:07
  a
• 12:07
  simple
• 12:07
  click
• 12:07
  to
• 12:08
  subscribe
• 12:08
  means
• 12:08
  you'll
• 12:09
  be
• 12:09
  invited
• 12:09
  right
• 12:09
  back
• 12:10
  for
• 12:10
  our
• 12:10
  next
• 12:10
  conversation.
• 12:11
  And
• 12:12
  remember,
• 12:12
  financial
• 12:13
  challenges
• 12:13
  don't
• 12:14
  have
• 12:14
  to
• 12:14
  be
• 12:14
  overwhelming.
• 12:15
  Just
• 12:15
  Ask
• 12:15
  Ralph.
• 12:16
  This
• 12:16
  show
• 12:17
  is
• 12:17
  a
• 12:17
  production
• 12:17
  of
• 12:18
  Ask
• 12:18
  Ralph
• 12:18
  Media
• 12:18
  and
• 12:19
  is
• 12:19
  supported
• 12:19
  by
• 12:19
  Sagio
• 12:20
  Accounting
• 12:20
  Plus.
• 12:21
  The
• 12:21
  information
• 12:22
  shared
• 12:22
  in
• 12:22
  this
• 12:22
  episode
• 12:23
  is
• 12:23
  based
• 12:23
  on
• 12:24
  data
• 12:24
  available
• 12:24
  as
• 12:25
  of
• 12:25
  the
• 12:25
  date
• 12:25
  of
• 12:25
  release.
• 12:26
  Sajio
• 12:27
  Accounting
• 12:27
  plus
• 12:28
  and
• 12:28
  Ask
• 12:28
  Ralph
• 12:29
  Media,
• 12:29
  Inc.
• 12:30
  Are
• 12:30
  under
• 12:30
  no
• 12:30
  obligation
• 12:31
  to
• 12:31
  update
• 12:31
  this
• 12:32
  content
• 12:32
  if
• 12:32
  circumstances
• 12:33
  change.
• 12:34
  Please
• 12:34
  note
• 12:35
  that
• 12:35
  applying
• 12:35
  this
• 12:35
  information
• 12:36
  to
• 12:36
  your
• 12:36
  personal
• 12:36
  situation
• 12:38
  requires
• 12:38
  careful
• 12:39
  consideration.
• 12:40
  This
• 12:40
  episode
• 12:40
  is
• 12:41
  not
• 12:41
  intended
• 12:41
  to
• 12:41
  serve
• 12:42
  as
• 12:42
  financial,
• 12:43
  tax
• 12:43
  or
• 12:44
  legal
• 12:44
  advice.
• 12:45
  Always
• 12:45
  consult
• 12:46
  your
• 12:46
  trusted
• 12:46
  tax
• 12:46
  advisor
• 12:47
  or
• 12:47
  attorney
• 12:48
  before
• 12:48
  taking
• 12:49
  action
• 12:49
  based
• 12:49
  on
• 12:50
  anything
• 12:50
  we've
• 12:50
  discussed.