The Way We View Debt

I heard a talk from Craig Groeschel recently talking about the way we Christians view debt. It was a little scary. I jotted down a few of the stats he shared:

75% of Christian live paycheck to paycheck.

The average American has 16.7 credit/debit/store cards

The average consumer debt for 28 year olds is $66,000

62% of Americans don’t pay off their credit card bills each month

Las year the average American saved 2.2% of their income.

Proverbs 29:18 says, "Without vision, the people perish."

"Everyone ends up somewhere, but few people end up somewhere on purpose. Most people end up in a hole. Define your vision according to your values, not the values imposed on you!"

-Craig Groeschel