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Spend less than you make so you can whack away incrementally at the debt dragon with all you’ve got. It’s not exactly an algebraic formula reserved only for financial whizzes. Indeed, paying off debt isn’t complex; it’s just not easy. You don’t need a graduate degree, a fancy calculator, or a smarty-pants cap and gown. You are smart enough already. God has given you all you need.
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Cherie Lowe (Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After)