"Financial freedom" - a site with a different approach!

Getting rich is everyone's dream, but how many of us have patience to learn from examples around us. There are many real stories around us which are enough to learn about getting rich from zero finances. But definately first steps towards financial freedom is to make planning and working towards getting the goal of being rich.

Financial freedom provides useful information about debt, insurance, budget, saving, and more.
This site is from Mike Coe, who is from San Clemente, California.

Story behind the creation of the site:

In 1987, Mike had accumulated debts totaling nearly $700,000. Through a series of circumstances, he and his wife began searching for help in the area of their finances. After several months, it became clear to them that God wanted them to get out of debt. They totally surrendered their entire financial lives to God and began their journey towards financial freedom. By learning and applying God’s principles for financial freedom they were able to become totally debt free within 10 years.

In 1996, as a result of their personal experience, Mike founded the non-profit teaching ministry, Christian Oriented Education, Inc. (C.O.E., Inc.). The aim of their ministry is to help Christians understand God’s plan for financial freedom.

Mike conducts financial seminars and teaches an on-going weekly class on personal finance in his local church. Mike and Sue Marie have been helping people understand the practical and Biblical principles involving money management through seminars, classes, and personal counseling since 1992.

What is COE?

Christian Oriented Education, Inc., is a non-profit, teaching ministry aimed at helping people live life more skillfully. The primary focus of this ministry is aimed at providing education in the area of personal finance.
More at: About C.O.E.,INC.

What they say about debt?
The sad truth is that most Americans have been conditioned to believe that debt is a normal part of life. Millions of Americans surrender daily to the bait laid in the trap by marketing professionals whose #1 goal is to make you feel good about becoming a slave to debt. For example, most Americans today feel that the only way to purchase an automobile is with debt (payments). The question asked today is not, "Can I buy the item?" but rather, "Can I make the payments?".

Credit is the means to pay later for goods or services obtained now. When the privilege of credit is accepted to purchase an item or a service a debt is incurred. With the ease of obtaining credit, Americans are pumping up their current lifestyles in exchange of their future financial well being. Debt has become the cancer that is claiming the financial lives of many households across America."

More at this link:
debt consolidation

About Budget:

"The most important step in getting and keeping control of your personal finances is to establish a monthly cash flow plan or budget. As the old saying goes, "Those that are failing to plan, are planning to fail." With 70% of all Americans living paycheck to paycheck and spending $1.22 for every $1.00 earned, it's no wonder that personal financial failure is more common than success.

The Small Business Administration says that the number one reason small businesses fail is due to a lack of planning. The financial affairs of your household are in effect, nothing more than a small business. The goal of every business, small and large, is to make profits. In regard to your household business, profits equate to savings. So, the number one purpose for a monthly budget is to establish control so as to protect and maximize your savings."

More at this link: budget

- Free article about: Living about debt