ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Get Out Of Debt The Right Way

Updated on February 23, 2014

Debt Is A Four Letter Word

We all seem to agree with each other that debt is just the American way of life now. Heck, even our government can't stay out of it. So how did your grandparents seem to always have the things they needed while not going into debt? Dave Ramsey has a few simple answers to that question as well as a plan to help you and your family get out of debt. I hope I can convince you to use some of his ideas to help yourself reach financial peace, and get rid of the stress that money can cause in your every day life. Take the time to at least review the ideas that are covered by this hub. There are no guarantees in life, but I can almost guarantee that Dave Ramsey's plan will work for you. The only reason I can't guarantee it will work is what I like to call the human factor. Reading the books or listening to the CDs will not get you out of debt. Taking the lessons from the materials and applying them to your life will. It worked for my family and thousands of others throughout America. There is no reason that it can't work for you. Set up your financial future now, don't put it off.

Have you heard of Dave Ramsey before now?

See results

The Total Money Makeover

The first book I would recommend to any person who is looking to get out of debt is The Total Money Makeover. In this book, Dave Ramsey lays out a plan for climbing your way out of debt and never falling back into it. He uses his experience of becoming a millionaire twice in his lifetime to show you the mistakes he made, and to advise you on how to avoid making the same mistakes. In my opinion, if he could do it twice, I think he probably has some good ideas that he could pass on to you. He lays out the baby steps to getting out of debt, and lets you know how to use his Debt Snowball idea to pay off your bills smallest to largest. I have used this plan and I KNOW that it works. My wife and I paid off over $25,000 in debt over an 18 month period. If it didn't work, I wouldn't promote it :).

Financial Peace University

Dave had a great idea come out that reached further than just selling books to people that would hopefully read them and take at least a small portion of what he was teaching to use it for their benefit. He started teaching in a classroom environment, which started pushing people to help each other reach their goals. If you need that kind of social support, I would suggest enrolling in the class. You can find classes that are being taught in your local churches, schools, etc. If you feel like you would like to take the program on your own, in your own environment, and at your own pace, he does have free material you can use in conjunction with his FPU handbook. His website,, has tons of helpful information to help you balance your checkbook and maintain your life in a healthy, debt-free way. I have taken the time to find and post the links to his books for your personal benefit. Like I said, I wouldn't promote them if they did not work.

Audio Books And Radio

I personally have a really hard time reading bigger books. It's funny that the guy writing this article has attention problems and has a horrible time reading articles like this, which is why I promote 100% buying Dave Ramsey's audio books and listening to them while in the car, doing household chores, or even while exercising. I bought his Financial Peace University audio course and listened to him while I was driving back and forth to work. Whatever you do, try to listen to at least a CD a day. This is manageable, as it will only take you about two weeks to finish. As you go along, fill out the worksheets he has on his website. This will help you make a budget, manage your finances, and find your way to financial peace. Another great, and most importantly, free item he offers is his iHeartRadio channel. Download the app, find his show, and listen to it. You will get to hear about other peoples' problems, how Dave thinks they should handle them, and even get to hear people call in to do their debt free scream. If that doesn't motivate you to get out of debt, and become financially and spiritually wealthy, I don't know what will :).

Need Some Help From An Expert?

Dave's website has a link on it that will lead you to local experts that can help you with your financial life. The program is called Endorsed Local Providers(ELP). These are people and companies that work in your area and were vetted by Dave's company to be the best prepared, and most trustworthy people to help you. They even have experts to help you invest and save your money for retirement after you have gotten out of debt. Look into them if you feel like you need more help than what you can get from your family or friends. It's a great resource that is compiled in one place just for you!

Not Sure You Want To Follow His Plan?

An alternative to following Dave Ramsey's plan is to look into my friend Bob Lotich's website Christian Personal Finance. Even if you aren't a Christian, Bob covers many ways to get out of debt. He also posts many ways to earn more money from home, which can be a huge compliment to your hourly income from your day job. He is the reason I found HubPages in the first place. If you feel like you are good at writing, why not try your hand at earning money while doing it? I make a small income from the hubs that I write, and there is no reason why you couldn't too. Click on the link above to sign up for a HubPages account and start earning for your writing today, or go to Bob's website and learn about how to earn a separate income from home.

Questions Or Concerns

If you have any personal questions for me about any ideas covered in this hub, you can email me at I will help you if I can, or point you in the right direction to get the help that you need. If you can't afford to join the class or buy the books in this hub, there are a few ways to get the material needed to get out of debt. One way is to visit your local churches to see if they have any complimentary material or classes. Another is to enter into Dave's website and look for promotions that they may be running during seasonal sales. Christmas time is a very good time to buy these items, as Dave usually has very good deals at this time. Also, he seems to have different deals running year round. Try his ideas and get out of debt! You won't regret it.



Are you willing to try these ideas to get out of debt?

See results


    0 of 8192 characters used
    Post Comment

    • phtech profile imageAUTHOR

      Skyler Parker 

      4 years ago from Idaho Falls, ID

      I wish you good luck on your endeavor! If you fillow his plan you can't fail.

    • profile image


      4 years ago

      I had heard of Dave Ramsey before and lately it seems his name is popping up everywhere, so I decided to check his book out from the library. I am reading the total money makeover now and hoping to find a Financial Peace U class to attend in the fall. First debt I'm working on is an itty bity one (comparatively) $3600 student loan that I hope to see paid in full within a year. Definitely going to check out Bob's site as well for a little more info and ideas :)

    • phtech profile imageAUTHOR

      Skyler Parker 

      4 years ago from Idaho Falls, ID

      Thanks! I really appreciate the feedback. I'm sorry you weren't able to get out of debt, but I'm very happy for you and your wife. It does work as a marriage counseling of sorts. Especially since the #1 cause of divorce in low and middle income relationships involves finances.

    • Rev. Akins profile image

      Rev. Akins 

      4 years ago from Tucson, AZ

      My wife and I used Dave Ramsey for a long time. We did not have the income to back it up and had to make some adjustments. Although what we learned from his method basically ended our constant fighting about money and budgeting. While we may not have gotten out of debt, our marriage is much better because of his teachings and philosophy. Great hub, you explained the concept really well.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)