Defusing the Time Bomb

About the Book

With 98% of Americans in some kind of debt and nearly half spending more money than they earn each month, it's no wonder that our nation's overuse of credit is compared to a time bomb. If you're one of the many facing financial difficulties, Defusing the Time Bomb: A Christian Call to Get out of Debt can help you to defuse your own ticking bomb.

The book is divided into three sections. The first, entitled The Problem, addresses warning signs of overindebtedness, the truth about credit cards, debt solutions that could cause you more problems and why you need to get out of debt.

Section Two presents The Solution -- Nine Steps to Get out of Debt. You'll figure your current financial condition, set goals, get organized, reduce your expenditures, earn more money, establish a budget, save for emergencies, prioritize your debt repayment and praise and thank God every step of the way.

Section Three, The Wisdom -- God's Word for Guidance, examines what the Bible teaches about finances. This scriptural foundation helps you to build better money management skills and offers new insights as to why you may not be experiencing God's promises of prosperity. There is power in God's Word, real power to make real changes in your financial life.

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About the Author

Pam Magnuson is the founder of G.O.O.D. (Get Out Of Debt) Ministries, a Christian organization dedicated to sharing God's call to get out of debt and to teaching biblical financial principles. As both an Ordained Minister through the Association of Faith Churches and Ministers and an Accredited Financial Counselor through the Institute of Personal Finance, she combines her Bible training and her financial expertise to provide Christian-based G.O.O.D. Meetings, Financial Fitness Workshops and personal financial counseling.