The Christian Broadcasting Network

Browse Videos

Share Email

Getting Out of Debt in a Year

What would you do if you had a debt of over $450,000? Would you give up? Keith and Elia could have, but they made a different choice that wiped out their debt within a year. Discover what they say is the key to their financial freedom. Read Transcript


KEITH AND WIFE LOVE LIVING IN

TEXAS.

I LOVE LIVING OUTSIDE THE

CITY.

YOU CAN WATCH THE QUAIL RUN AND

WATCH THE HORSES.

A DECISION THEY MADE IN 2012.

WHEN MY HUSBAND AND I READ IN

THE BIBLE, WE SHOULDN'T OWN MAN

ANYTHING IS WHEN I THINK THAT

SPARK DESIRED US TO BE

COMPLETELY OUT OF DEBT.

AT THE TIME THE COUPLE WAS

TRYING TO PAY OFF 26 RENTAL

COMPANIES.

IN ALL

OWING

$450,000.

PAYING OFF THE DEBT WOULD TAKE

YEARS.

THE WAY IT WAS GOING AND THE

FIGURES, WE WOULD BE IN OUR 60S.

KEITH REMEMBERED THE STORIES

ON "THE 700 CLUB."

I HAVE HEARD AND SEEN

MIRACLES ON TV SHOWING DEBTS

PAID DOWN.

MY HUSBAND SAID THERE IS NO

REASON WHY WE CAN'T BE OUT OF

DEBT IN A YEAR'S TIME.

THOMPSONS COMMITTED TO

READING THEIR BIBLE DAILY AND

INCREASE THEIR TITHING TO THEIR

CHURCH AND CBN.

THE LORD STARTED MAKING

THINGS HAPPEN, MONEY STARTED

COMING IN.

I APPLIED TO PAY OFF LOANS.

THE THOMPSONS DECIDED TO SELL

THEIR HOME.

APPRAISAL CAME IN $100,000 LESS

THAN WHAT THEY WERE ASKING.

THEY HAD FAITH IT WOULD SELL AND

LESS THAN A MONTH LATER IT DID.

LORD BROUGHT SOMEBODY IN THAT

WANTED THE HOUSE.

THAT WAS A MIRACLE IN ITSELF

THAT WE GOT OUR ASKING PRICE AT

100,000 MORE THAN THE APPRAISED

PRICE.

WITH THE EQUITY, THEY PAID

OFF ALL THEIR DEBT THE IN LESS

THAN A YEAR.

OBEDIENCE IS KEY TO FINANCIAL

FREEDOM.

LORD IS NO RESPECTER OF

PERSONS.

HE WILL PROVIDE ALL THINGS AND

INCREASE YOU.

IT IS NOT JUST THAT YOU GIVE

WHEN YOU CAN OR YOU GIVE COUPLE

OF TIMES A YEAR.

GOD WANTS YOUR CONSISTENCY.

IF HE CAN DO IT FOR US, HE

WILL DO IT FOR YOU.

EMBED THIS VIDEO


Log in or create an account to post a comment.  

CBN.com | Do You Know Jesus? | Privacy Notice | Prayer Requests | Support CBN | Contact Us | Feedback
© 2012 Christian Broadcasting Network