Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts

Friday, December 9, 2011

The Effect of Personal Debt on Zion

Many people don't stop and consider the service side of debt - that every dollar I pay in interest is a dollar I can't give to someone in need. Thus, every dollar of personal debt inhibits my ability to help establish Zion fully. 

That alone is worth being debt-free, imo - although I certainly understand the need for some debt for a house, an education and, perhaps, a car.