Financial information is the key to change.

Unfortunately, for most of us, basic financial information is not taught in schools. We live in a country that continues to pass out diplomas to people who lack healthy financial skills, creating a society not prepared to handle the financial ups and downs of everyday living. The road to financial freedom is paved with information; join me on my journey.

Lucille Tyler Baldwin

Author of "Sick and Tired of Being Broke"

Monday, November 8, 2010

Debt-Free? Really!

A Moment in Time
 I am always talking to people about becoming debt-free and learning to create wealth at all income levels.  Most people look at me like I am crazy, or smile and agree that they should do something about their debt.  I use to think that it was mainly a lack of basic financial information that prevented people from becoming debt-free and learning to create wealth.

However, after years of talking about the benefits of living debt free and learning to create wealth the response is very disappointing.  Most of my close friends and family are still in debt, still living paycheck-to-paycheck, still not preparing for retirement, still not preparing for emergencies, and still not creating wealth for their children.  I can only assume that they do not believe that what I am saying is possible or they are just not willing to do the work that is required to take charge of their finances. 

I also meet people who claim they really want to get out of debt but are not willing to change their spending habits: even when their habits create financial chaos.  Some days I get discouraged and think I should just stop talking to people about the power of taking charge of their finances. 

But I know that tomorrow I will meet someone who is ready to change, or someone will leave a comment to motivate me to keep moving.  What do you think: are people really ready to take charge of their money or is it easier to live with debt?  I look forward to hearing from you.

Lucille Tyler Baldwin

For private comments feel free to email me at:


  1. I think that when someone is ready, they will change. It's a difficult process, for sure. We had a rough 2 years job-wise and it lead to a lot of debt. Now, we haven't used credit for over a year because we didn't have any available credit left. It's retrained our spending habits. We plan major expenses and budget much better and buy it when we have cash for it. Meanwhile, we are on payment plans with all of our accounts and will have them paid off in 4-5 years. I look forward to exploring your site more to see what other tips I can incorporate into our financial life. Keep doing what you do. With the amount of debt in the world, we need to keep hearing this info!

  2. Hi Deb,

    Thank you so much for sharing. I want people to live without the stress of debt so badly that I am not as patient as I need to be. It took me years of living with the stress of debt before I was ready to accept my wake up call. So I do understand, I just need to be reminded sometimes that people will not accept the message overnight.

    I am proud of you and your family for taking charge of your finances. You will be shocked at how fast your money will grow once you are debt free.

  3. I'm also on the road to being debt free. I'm half way there. I can not wait to read what you have to say & get more tips.

  4. I am listening don't stop teaching on it! Thanks

  5. Hi Bonnie and Jacqueline,

    Thank you both for visiting my site and commenting. I am so proud of you both. You ladies should order a copy of my book, not only do I want people to become free from consumer debt but to learn how to create wealth.

    You both have made me very happen with your comments. Sometimes I get discouraged and I feel like I am wasting my time. I feet much better after reading the comments. Thank you both.


    Once you get a copy of the book I will be happy to get you organized via email or phone. Keep in touch - if you have any private questions you can email me at

  6. Hi, don't stop teaching. I found your site in one of the blogfrog community and will be following. We too are in a journey to financial freedom using God's words as our reference. And I too are very motivated to encourage people to be financially free. I will post a link on my blog to yours I like your my blog is

  7. Hi Levy,

    Thank you so much for stopping by and sharing your thoughts. I appreciate the fact that you are adding a link to my site on your site. Thank you, thank you and keep up the good work. I am always happy to come across people who take charge of their money.