Newlyweds Anthony and Jhanilka Hartzog didn’t worry too much about their $114,000 in combined debt since they both had good jobs. He worked for a New York-based IT firm and she was a licensed mental health counselor.
“I felt like we’ll pay it off whenever we pay it off,” Jhanilka says on a CBN video. “There’s no rush, just kind of like everybody else does, you have car payments, you have student loan payments, this is just part of life.
But as they attended church, they were challenged to think about giving more to help others in need and to think about creating generational wealth, what they hoped to pass along to their children one day.
“I’m going to church now. I want to be a part of it. I want to support,” Anthony says. “The same way we were budgeting for our food and for our clothes, we were budgeting for our tithing as well.”
By budgeting, they reigned in their expenses. The couple took another step; they supplemented their income with side hustles. Anthony signed up his new car for peer-to-peer rental. Jhanilka started a dog sitting business. Anthony worked at a gym on weekends. The industrious couple also started a cleaning business.
Within two years, they had paid off their student loans and credit card debt.
“As we were raising our income, we were tithing,” Anthony confides. “The money we were tithing was never ‘felt’ because we were always getting it back.” Read the rest: Get debt free in God.
Add to Dave Ramsey’s credentials of Christian financial guru, best-selling author, radio cohost and television show presenter, a new title: Santa Claus.
That’s right, because Christendom’s Apostle of Assets just paid off $10 million of debt of thousands of random strangers just in time for Christmas.
By melding secular financial planning principles with Biblical concepts of stewardship, the Tennessee resident amassed a huge following after nearly three decades of counseling church members to get out of debt and save for retirement. He is famous for 10 books and “The Dave Ramsey Show” on 500 local radio stations heard by more than 14 million across the nation.
That was not enough for Dave. Apparently, he aspired to become Saint Nick also.
In December, his Ramsey Solutions bought $10 million worth of debt from two private debt collectors representing medical and car bills and canceled it. His employees (they’re not elves though) have been working feverishly to call and notify the 8,000 individuals involved that they no longer owe any money.
“I always tell my team that we are blessed for one reason, and that is so we can be a blessing to others,” he told the Christian Post. “Why the heck would anyone scoop up $10 million worth of debt and pay it off just like that? Well, the answer is simple: to show the love of Jesus Christ. You see, this whole completely forgiving a debt thing has been done before — by Him. No other gift could compare to that one, but we felt this was one small way we could continue to pass on that love.”
Recently Ramsey ran his Santa sleigh into a bit of controversy when at one of his seminars he encouraged attendants to not wear masks during the time of Covid. The media howled and portrayed him as a holiday villain.
But his latest un-Scrooge-like debt cancellation will undoubtedly improve his public relations image.