I know far too many folks who are suffering from a debilitating amount of debt.
A year ago, I did a survey of my MH4C readers and found out that 25% of you have debts (excluding your home) between $10,000-$25,000, and 25% of you have debt over $50,000.
That means half of the people who read this blog have over $10,000 worth of debt.
That debt has brought with it pressure, burden, worry, and anxiety.
But you don’t need me to tell you, because if you’re in debt, you already feel it.
Anyway, in that same survey, the topic you most requested me to address more frequently was debt.
And I haven’t. MH4C focuses more on giving and other general personal finance topics. I just haven’t found a good way to work a strong debt theme into this blog. I address it, but I don’t focus on it.
However, today I’m excited to announce a brand new resource to help you get out of debt in 2012.
I’m excited to announce that I’ve just started a new blog called Christian Debt Coach.
Why should you be excited about it?
1. It’s a blog specifically dedicated to Christians in debt. That’s the only topic we’ll deal with. If you’re not in debt, you won’t like the blog. If you are in debt, you will (at least until you get out of debt!).
2. With a focus on helping real people with real debt problems, you’ll be able to get personalized help with blog posts devoted to answering reader questions.
Another survey result was that 70% of you liked the idea of a question and answer format on the blog. Interestingly, I don’t get too many questions at MH4C. However, if you have a debt related question, I’d like to answer it.
My plan is to highlight and address a reader question once a week.
Best of all, it won’t cost you a penny.
Why am I doing this?
In April 2012, I’ll be transitioning to a fulltime ‘missional entrepreneur’ (more on that in a future post), so I’m going to have some extra time available. This project excites me as a way to glorify God by serving others. I love the idea of helping people change their financial future in such a practical and specific way.
I want to help people get out of debt, and I feel like this is a good way to give back to the community.
If the new blog focus is of interest to you, then you might head over to the Christian Debt Coach subscribe page to be sure you don’t miss any of the valuable content.