No matter where you are in your financial journey, those who practice Christian debt management principals will often share similar traits. Perhaps you are doing great with your financial goals and have had the burden lifted off of you. Maybe you’re struggling with your obligations and are in need of a Christian debt relief program. Either way, your personality will most likely change as your financial situation changes.

Consider these common traits of debt-free people and discover if you are already living in the freedom, or take a glimpse at what lies ahead of you on your journey.

Practical:

They tend to understand the meaning of value in every item they purchase. For the individual living on an average American income, practical purchasing decisions are a must have trait for anyone who wants to live a debt free life.

Self-reliant:

Being debt free means that you do not have to rely on credit cards from month to month. A cash-only system means that you are self-reliant, and more importantly, God-reliant in your spending habits.

Patient:

Debt-free people deny instant gratification to continue staying out of debt. The temptation to impulse-shop may arise from time to time, but out of control spending does not exist for those who become and stay debt-free.

Self-confident:

It is easy to get down on yourself when you are struggling financially. Once you are utilizing Christian debt management principals, you will regain your self-confidence by taking care of your debt.

Responsible:

Catastrophes are unpredictable, but in most cases, debt-free people set enough money aside in their emergency fund that they can survive the difficult days.

Charitable:

Since there is no longer a huge credit card bill each month, debt-free people often experience an increased ability to share with others, lifting everyones spirits and helping others in their time of need.

Not materialistic:

Luke 12:15 states, “…‘Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.’” Those who are free of debt acknowledge this and usually live within their means, the way God intended His children to live.

If you read this list and found yourself wanting to be on the other side of the fence, contact a Christian debt relief counselor at Faithworks Financial today so you can start developing these traits in your own life.