Without Conviction You’ll Never Get Ahead w/ Deacon Hayes


Deacon Hayes

Blog URL


Why do you think it was so easy to fall into the debt trap?

It was convenient to borrow money and not have to worry about paying it back as long as we could make the payments.

What was the defining moment that made you realize that you needed to get out of debt?

When my wife and I got married, we combined our finances. When we did that we realized that we had $52,000 in debt and that if we continued doing what we were doing, we would end up broke.

What obstacles did you have to overcome in paying off your debt?

We had to sacrifice a lot of luxuries for 18 months. We cancelled our cable, rarely ate out and took very modest vacations. It was hard but it was well worth it now that we are debt-free except our home.

How much total debt did you have?


How long did it take to pay off your debt? (If still paying on it, list how much you’ve paid in what time)

18 Months

What’s your best tip for someone finally want to get out of debt?

You have to have conviction. You have to say to yourself,

“I am done living like this and I am going to consciously make an effort to improve my financial situation every day.” We were very intentional and focused when we were getting out of debt. I think that kind of conviction makes a huge impact on how quickly you will get out of debt.

Check out Some of Deacon’s Awesome Posts on Debt

  • jim duchene

    nice props Deacon. you live what you teach. Blessings to both of you.

    • http://www.WellKeptWallet.com/ Deacon

      Thanks Jim!