Step 3: The Debt Plan

What is the Debt Plan?

The Debt Plan gives you a proven method to eliminate every debt you carry. "The rich rule over the poor, and the borrower is slave to the lender" (Proverbs 22:7). You'll list every debt, prioritize it, and pay it off using the debt snowball method, distinguishing consumer debt, mortgage debt, and strategic business debt.

Why does this step matter?

Debt limits what you can give, save, and build. Every dollar going to interest is a dollar that can't go toward your future. This step also answers a question many Christians ask directly: is paying off your mortgage early biblical? (Proverbs 24:27)

How does it help you build wealth?

Debt moves money away from you instead of toward you. Removing it frees every dollar you earn to go toward investing, giving, and building your future instead of paying down your past.

Who this step is for:

• Anyone currently carrying consumer debt
• Households wanting a straightforward payoff order
• Christians wrestling with whether to pay off a mortgage early
• Anyone who's tried to get out of debt before and stalled out

What you'll walk away with:

• A full list and payoff order for every debt you carry
• A method that builds momentum, not just discipline
• A framework for deciding what to do with mortgage debt
• Freedom to give and save for the years ahead, debt-free