Monday, September 22, 2008

IHHE Moment

Joe Sangl describes it as an "IHHE" moment. A moment when you are fed up with being broke and in debt and when you say, "I have had enough," you mean it.

I have building up to this moment over a long period of time as I've been watching my family's financial situation become more and more precarious. I was seeing my credit card balances grow rather than make hard choices about changes that I needed to make in our family budget as well as exploring other opportunities for additional income.

My motivations for starting this debt-destroying journey are several (in no particular order):

  • I've been thinking a lot recently about teaching my kids about money and realize that I've been falling into money handling patterns that were modeled before me as a kid. It is urgently important to me that I live by sound financial principles in front of my children.
  • As a Christ-follower it is impossible for me to pretend that I am trying to please Him with how I live my life when I am enslaved by debt and demonstrate a lack of self-control to make myself live by Biblical principles for money management.

  • A most important motivation after my obligations as a Christ-Follower is that of my marriage and how this relates to my wife. I'm going to cover that in its own post soon.

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