Tony Amaradio On How to Manage Debt Through Faith

Those overburdened by debt are often forced to turn to consolidators and creditors for assistance.

Aliso Viejo, CA - March 26, 2020 /MarketersMedia/ —

People and families would prefer not spending more money than what they make. But, when debts are accumulated, they also need to be repaid after a while. The inspirational financial strategist and founder of Select Portfolio Management, Tony Amaradio, examines this responsibility, and the various aspects of being economical in a faithful manner. By implementing diligent fund management and dedicated stewardship, unwanted debts can be resolved through a spiritually fulfilling process that benefits the entire family.

Those overburdened by debt are often forced to turn to consolidators and creditors for assistance. In doing so, only the symptoms are treated, not the formed habits that caused the financial shortcomings. Amaradio suggests that individuals should instead turn to their churches, a surprisingly exceptional source of consultation for responsible and faithful wealth management. With non-mortgage debt eclipsing $2.4 trillion nationwide, religious establishments, Christian radio stations and community outreach groups have begun supplementing financial counsel into their spiritual messages. The senior pastor of Southeast, one of the largest nondenominational churches in the country with over 18,000 worshippers each weekend, believes it is his obligation to do so, “For a church not to provide a service for people who are suffocating from too much debt would be equivalent to burying our head in the sand.” More than 39,000 churches currently offer a mix of basic budget planning, household cost cutting, and deficit management techniques.

Faith based debt reduction provides rules to force changes in spending and saving, and turns to the Bible for context and motivation. In order to be a good steward, God requires the responsible management of capital, as it is all his, “The earth is the Lord’s, and everything in it.” Psalm 24:1. Amaradio notes that the largest difference between Christian and secular financial planning is the importance placed on tithing and generous giving. Even in times of economic hardship, one-tenth of all household income should be given to the Lord. Philanthropy is also seen as a way to show devotion, and if at all possible, should be incorporated into any budget as a priority. Debt consolidation, however, is not recommended, because it benefits the lender more than the borrower, and statistics show that over three quarters of credit card debt grows back after being consolidated. By committing to a faith based, written plan, overspending habits can be successfully changed and debt can be successfully paid off.

Tony Amaradio is a financial expert, philanthropist, and the founder of two innovative firms, Select Portfolio Management, Inc. and Select Money Management, Inc. After years of assisting clients in establishing, planning, and managing assets, Amaradio recognized the need for a comprehensive, integrated wealth management system. As a result, his handpicked team is responsible for the development and implementation of the most advanced financial and tax strategies available today. In 2009, he and his wife co-authored, “Faithful with Much: Breaking Down the Barriers to Generous Giving.” The inspirational book received exceptional reviews, and shares the couple’s compelling journey to understanding God’s will about money and possessions.

Anthony Amaradio - Visionary & Strategic Philanthropist: http://anthonyamaradionews.com

Tony Amaradio - The Best Thing You've Ever Done! on Vimeo: https://vimeo.com/313895972

Anthony Amaradio - Facebook: https://www.facebook.com/Anthony-Amaradio-580623782054204/

Contact Info:
Name: AAN
Email: Send Email
Organization: AnthonyAmaradioNews.com
Website: http://www.anthonyamaradionews.com

Video URL:

" target="_blank">

Source URL: https://marketersmedia.com/tony-amaradio-on-how-to-manage-debt-through-faith/88951229

Source: MarketersMedia

Release ID: 88951229

More News From travelstylo.com

Innovative fashion designers lead the way on sustainability

Apr 3, 2020

LONDON — Innovative fashion designers are turning to such things as horseradish and nettles to make sustainable clothing and accessories to the delight of a growing number of buyers. While more consumers are paying closer attention to how the production of goods impacts the environment, old habits die hard. A buy-and-toss mentality persists despite a boost from celebrities helping to drive the upcycle and vintage movements. Actress Maggie Q, who created an activewear line from recycled fabrics, is among activists who see plenty of room for improvement. She says she feels "sick about fast fashion.'' "You hear people say, 'Well,...

Tiger quadruplets in Berlin zoo treated for knee problems

Apr 3, 2020

BERLIN — A Berlin zoo says four young Sumatran tigers are undergoing treatment for knee problems. The quadruplets were born in the summer of 2018 and as they started to develop, zookeepers noticed abnormalities in the way the cubs ran, the Tierpark Berlin said Wednesday. CT scans revealed all four tigers had knee misalignments that were causing cartilage damage. That damage is now being treated, and an expert team is to sit down in the new year to discuss long-term strategies to help the tigers. “We don't want to just rely on our own judgement. We will sit down with...

Streep, Miranda and Stone are named as Met Gala co-0chairs

Apr 3, 2020

NEW YORK — Next year's Met Gala may be the closest we'll ever come to getting a Miranda Priestly moment at the starry event. Meryl Streep has been named as a co-chair of the Metropolitan Museum of Art's Costume Institute. The Oscar-winner played Priestly, a thinly veiled fictional version of Vogue editor Anna Wintour, in the movie "The Devil Wears Prada." Wintour clearly has no hard feelings because she selected Streep as a co-chair along with Lin-Manuel Miranda and fellow Oscar-winner Emma Stone. Designer Nicolas Ghesquiere rounds out the group. The gala's theme is "About Time: Fashion and Duration," which...

Try something new with uncommonly delicious (and ugly) fruit

Apr 3, 2020

As I savor one of my just-picked American persimmons (Diospyros virginiana), I'm reminded how this fruit — and a few other delectable fruits — would never sell. Why not? Because they're ugly! Although the persimmons hung from the branches as handsome, plump, orange orbs up to a few weeks ago, by now they have shriveled and their skins are darkening to brown and black. The texture and flavor have likewise changed. They once were like dried apricots that have been plumped up in water and then dipped in honey with a dash of spice. Now, they've become mushier, with some...

Millennial Money: Secrets of a Black Friday Shopper

Apr 3, 2020

My husband and I have a Thanksgiving routine. Before the family arrives or the turkey is carved, we gather in the living room. As Christmas music plays in the background, he turns on his laptop, and I mine. That's when the deal hunt begins. Some people cringe at the thought of shopping on Thanksgiving or Black Friday, but I revel in it. Maybe it's because I love a good bargain, or because I write about how to save money. Whatever the reason, I know a lot about Black Friday. And I'd like to share some secrets with you. SHOPPING EARLY...

Broaden News

Travel Stylo is an independent online travel website started by a group of friends who love traveling together. With Travel Stylo, you can travel with style.

Contact us: sales[at]travelstylo.com