Some of you will go through your entire life being in debt. You’ll always pick up a car loan, always carry credit card debt, and you’ll always move up in house. My challenge to you is stop the debt cycle in your life. Stop the cycle of always being in debt. If you need some convincing, here are 50 reasons why you should get out of debt as quickly as possible.

  1. It will free up your household income
  2. More money to invest in your retirement accounts
  3. Less stress in your life
  4. No chance of becoming upside down on a loan
  5. Greatly reduces the risk in your life
  6. Helps improve and maintain healthy relationships with your spouse, family, and friends
  7. It puts you in a better position to give with abundance
  8. The feeling of owning a car or a house outright is awesome
  9. You will work harder at your career
  10. You will be more motivated to make more income
  11. You won’t feel like you’re running in a hamster wheel.
  12. It will free up your thoughts
  13. Improves your credit score, which could lower your insurance premiums
  14. Improves your credit score, which could help you land your dream job.
  15. Motivates you to work towards your dream career.
  16. Improves your marriage.
  17. Improves your health. Less stress equals a healthier body.
  18. It will free up more income to help you save for your children’s future
  19. Allows you to help friends and family get out of debt
  20. It will free up money to put towards the home improvements you’ve dreamed about
  21. You’ll be a happier person, and people will like you more.
  22. You can finally take control of your financial life
  23. More time and money to devote to your favorite hobby
  24. Unfortunate events won’t ruin your financial and personal life.
  25. You can teach your children how to stay debt free


I could come up with many more reasons, but 25 is good for now. Are you fed up with drowning in debt? My wife and I are fed up with it. We have paid off $10,000 in two years, and once she starts working and we have two incomes, we have a plan to pay off $50,000 in two years. We know that we can do it with diligence and motivation. We definitely have the motivation to be debt free, but we need to maintain diligence even when we’re tempted to use the money for other things. I want to hear from those of you who have recently decided you want to become debt free. I want to hear from those of you that have already become debt free and what the feeling was like when you paid off the last debt. Being debt free except the house counts as being debt free in my eyes. The ULTIMATE debt free feeling is payinig off a house, but that takes longer than a couple of years. Let’s start a revolution. Let’s our generation and generations below us to live debt free. Who’s with me?