Financial Coaching for Kingdom Men

Do you feel like you are shackled in the prison of debt and see a debt management plan as an easy break out plan? A "Debt Management Plan (DMP)" usually refers to a formal arrangement through a credit counseling agency.  The benefit of this process is that you sign up, pay a monthly fee, you pay the agency your payments for the debts,  and they make the payments for you to your creditors.  You give them the ability to access your account and make payment arrangements on your behalf.  One payment instead of 3, or 5, or 10 payments, sounds wonderful.  But does it help you to change your habits around money?  Is it faster or less expensive?  Are they really doing what is expected or are they pocketing the money, making interest on the money, not paying the bills until they are delinquent and then the creditors are willing to make a deal?   While the thought of making one payment and someone else will work their magic and the debt will disappear...

A couple years ago, when I was in high school, I played tennis.  Ok, Ok, it was actually a few decades ago.  Playing singles tennis was fun.  If the ball came over the net, it was up to me to return it.  Run up to the net or back to the base line, it was all up to me.  When I played doubles it was a different story, the boundaries were bigger.  I had to pay attention and not run into my partner or worse hit them with my racket or the ball.  One of the fun things to do though was hit the ball right between the partners playing on the other side of the net.  Many times neither one would hit the ball, even though it would be easy for either one to hit it expecting the other would either get the ball or wouldn’t want to hurt the partner.  We called it the “Hubby Wife Area” lack of communication was a real issue.   This simple game of tennis reveals a profound truth about relationships. When it comes to a couple’s finances, that same lac...