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No New Debt
Consumer debt is at an all-time high—and chances are, you’re feeling it too. Credit cards, student loans, car loans… it all piles up fast. But what if the very first step to finally breaking free from debt wasn’t about how to pay it off, but about stopping the cycle altogether?
In this episode of The Catholic Money Show, Jonathan and Amanda share the foundational (yet often overlooked) step that makes all the difference: no new debt. Without this commitment, every attempt at debt freedom is like bailing water out of a sinking ship with holes in the bucket.
They walk through:
Why taking on no new debt is the non-negotiable starting point
How this shift reconnects you with reality and your true cash flow
The practical strategies to cut off debt at the source (and what to do in “emergencies”)
How learning to live below your means unlocks real peace and progress
If you’ve ever felt stuck or frustrated in your debt payoff journey, this conversation will help you reset and build momentum toward financial freedom.
👉 Learn more about Catholic Money Academy and join today: www.walletwin.com/academy
Music in this episode is by Dylan Gardner – check out his album Almost Real on iTunes, Spotify, or wherever you listen to great music.
Published on 1 month, 2 weeks ago