Overcoming Debt | Jim Daly


When was the last time you imagined yourself dressed in chainmail, wielding a sword and shield, and riding a majestic horse through a dense forest to slay a dragon?

If it’s long, use your imagination and reach for your trusted content. You need both to kill an enemy that threatens the well-being of a large percentage of the American population.

This is called “debt.”

Like the fire-breathing dragons from folklore, debt destroys homes, communities, even a nation. Debt can be:

  • Destroy your marriage.
  • Influence whether you can send your kids to college.
  • Determine when – or if – you and your spouse can retire.
  • Limit your ability to help others in need, including your own family or friends.

But if eliminating debt opens the door to financial freedom, then why do so many of us try to satisfy our hearts in such a way that we feel compelled to spend more money than we bring in?

Debt is often an issue of contentment. We are not satisfied with the gifts and resources that God has given us, so we take matters into our own hands to buy more than we can afford.

Debt can also indicate impatience, and an unwillingness to wait on God’s timing. Instead of saving up now, so we can buy later, let’s jump into debt first, so we can have what we want now.

Debt can also be the result of a lack of resources. Brian and Cherie Lowe have $127,000 in debt, but they have “no fun to show for it.” They don’t buy fancy electronics, closets full of brand name clothing, or expensive vacations. They pay off cars and school loans and spend every extra penny they make to survive. They have no savings for emergencies. If one of the children is sick, a car breaks down, or they run out of groceries, they have to pay by credit card.

Little by little, the dragon devoured their lives.

How did Brian and Cherie kill the debt monster? They are with us in our Focus on the Family Broadcast “Overcoming Debt” to share practical and helpful tips that will help you cut costs, save money, and create a debt-free vision.

Join us in your local radio station, onlineon Apple Podcasts, Google Podcastsor take us with you to our free phone app.

Cherie’s book, Slaying the Debt Dragon: How One Family Overcame Their Money Monster and Found a Happy Ending available for a gift of any amount. For more information, visit our website or call 1-800-A-FAMILY (232-6459).



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