Biblical Principle #4
“…the infant of the poor is seized for a debt.” Job 24:9
“Do not be a man who strikes hands in pledge or puts up security for debts…if you lack the means to pay, your very bed will be snatched from under you.” Proverbs 22:26,27
“Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt.” Matthew 18:25
“The rich rule over the poor, and the borrower is servant to the lender.” Proverbs 22:7
Starting to get the idea? It’s not a good idea to be in debt! It’s ironic that we shudder at the thought of giving 10% to the Lord (when it all belongs to him anyway!), but we think nothing of paying our credit card company 12% or more in interest every month. Even more so, when you stop and think that I’ve actually seen credit card bills, that if you made the minimum payment, you’d actually be LOSING money, because the interest is more than the principle payment! We won’t even talk about finance companies and their 30% or more! Or the rent to own companies, cash advance, etc. (Now, I know that rent to own companies don’t charge you “interest”, but when you end up paying $800 for a $150 television set…well…something’s wrong.
We are surely the slave to the one we owe! Owe the bank? Don’t pay ‘em and see what happens. You’ll do whatever they say to keep from losing your home. They are your master until your debt is paid. Why do you go to work in the morning? Because your lenders want their money. We’re slaves alright. Slaves to a worldly system…which is what this site is all about. Setting ourselves free, not just from debt, but from the worldly system! Debt just happens to be the first one we’re dealing with because it’s so entwined with our way of life!
It’s strange that the man with money that pays his bills on time can pay off his debt. The man with no money, who is late on his payment, pays a late fee. They demand MORE money from him for not having money to pay on time in the first place! Why? Because we are slaves to those we owe. Because they can. They are the masters.
If you’re like most of us, it’s probably too late for you to stay out of debt. But there are ways you can reduce it and eventually eliminate it. For instance, pay a little extra on your smallest bill and try to pay it off a little early. Then take that money and apply it to the next smallest bill…work your way from there. For a lot of us, it’s hard to find even a few extra dollars, but maybe you can try some of the free ways of making money we have listed on this site. None of them will make you rich fast, but with a little time, patience and sharing with others, you can build yourself a stream of extra income that you can use to apply toward your debts…and they are free.
We’ll be having a post on some other ways to earn money, as well. Ways that take into account the gifts that God has given you to use for the blessings of others. You don’t have to make extra money online. You may not have to make extra money at all. But it would be wise (like the ant) to 1. tithe 2. save 3. give 4. reduce or eliminate your debt. If you can do that without extra income, you’re in great shape!
Control your spending! It’s not how much you make (or don’t make). It’s how much you spend in relation to what you make. There are folks pulling in hundreds of thousands of dollars a year that are just as much in debt as the guy making $15,000 a year! Why? Because they spend more than they have to spend. Debt. Plan a little. Make a budget. It’s Biblical.
“Suppose one of you wants to build a tower. Will he not first sit down and estimate the cost to see if he has enough money to complete it?…” Luke 14:28
God has a plan and a purpose. He didn’t just slap together a bunch of stuff and see where it would end up! That means it’s ok for you to plan too! Do you realize why Joseph stored up grain in Egypt for the upcoming famine (Gen. 41:48)? He was planning ahead! Plan what you NEED…then cut where you can, or try to make a little extra on the side. Then start working on getting rid of the master of debt!
Jesus came to set us FREE, my friend! It’s our own doing and our own devices that keep us enslaved, simply because we don’t understand the differences between the way the world works, and the way the kingdom of God works. That’s why you’re here! So stay tuned!! :0)
May the Lord bless you abundantly!
