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 Daily Travelogue

Globes carpet kicks off with big sleeves and shades of pink

Apr 6, 2020

NEW YORK — Cynthia Erivo and Greta Gerwig rocked sparkling chokers as the Golden Globes red carpet kicked off Sunday, with Erivo in a hand-beaded custom Thom Browne gown and Gerwig in black and cream. Both went off-shoulder for the big night in Beverly Hills, California. Erivo, the “Harriet” star and fashion standout, said her dress includes designs of her favorite flower, the peony, at the hem and in her lining. The short-sleeve gown, Erivo told E!, took 800 hours. A huge blue stone dropped from her short necklace. Shades of pink had an early trend moment on Kirsten Dunst...

Solidarity march against anti-Semitism, acts of hate

Apr 6, 2020

NEW YORK — Throngs of demonstrators joined by elected officials walked solemnly across the Brooklyn Bridge in a solidarity march Sunday against anti-Semitism and all acts of hate. The “No Hate, No Fear" march was organized by New York's Jewish community in the wake of recent anti-Semitic attacks, including a knife attack at a Hanukkah celebration north of New York City that left five people wounded and a fatal shootout at a kosher grocery in Jersey City, New Jersey. The crowds of participants jammed the streets in lower Manhattan as they waited their turns to get across the bridge. “It...

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

Apr 6, 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...

Congress approves bill expanding animal cruelty law

Apr 6, 2020

WASHINGTON — Congress has passed a bill making certain types of animal cruelty a federal felony. The bill would expand a 2010 law that made creation or distribution of so-called "animal crushing" videos illegal. The new bill would make the underlying acts of cruelty a federal crime. The Senate unanimously passed the Preventing Animal Cruelty and Torture Act on Tuesday, two weeks after the House passed it on a voice vote. Florida Reps. Ted Deutch and Vern Buchanan sponsored the bill. Deutch, a Democrat, said it "sends a clear message that our society does not accept cruelty against animals" and...

Olivia Newton-John's final 'Grease' ensemble fetches $405K

Apr 6, 2020

BEVERLY HILLS, Calif. — Two collectors said you're the one that I want to Olivia Newton-John's iconic "Grease" leather jacket and skintight pants at an auction Saturday in Beverly Hills. Julien's Auctions says the combined ensemble, which Newton-John's character Sandy wears in the closing number of the 1978 film, fetched $405,700 total. The leather jacket sold for $243,200 and the pants, which Newton-John famously had to be sewn into, went for $162,500. Other "Grease" memorabilia included a Pink Ladies jacket that went for $50,000 and a poster signed by Newton-John, John Travolta, director Randal Kleiser and producer and songwriter John...

In Daily Travelogue, we aim to provide rich content for the budget traveler. We only publish blog post that is informative and entertaining to add value to our readers’ user experience.

Contact us: sales[at]dailytravelogue.com