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Tuesday, March 18, 2008

Financial Peace University Update (Session 4)

On Sunday afternoon, we had our fourth session of Financial Peace University. Session 4 is probably the longest DVD in the FPU program, 100 minutes, on the topic of "Dumping Debt." This makes sense, though, since dumping debt is really Dave Ramsey's signature topic and what has made him a multi-millionaire.

Here's what Dave Ramsey's organization has to say about this fourth session of FPU:

Dumping debt is one of the most straight forward lessons, but it is usually one of the most difficult. Debt has only become accepted as normal in America over the last 20 years. The key to eliminating debt is remembering that it is only 20% head knowledge and 80% behavior. Remember that you always spend more with plastic- cash hurts more! Make a commitment to never use credit cards again. This is the first and most important step to dumping debt.

Because we have accepted the debt myths that society has taught us, many of our families, churches, and even government institutions have been handcuffed by debt! It's time to lead a money revolution and push back against what "normal" is now. As Dave talks about, I want to be weird! I'd rather "look" poor right now, and be a millionaire by my 50s and 60s so that I can live and give like no one else!


Larry

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