The Problem of Debt

For most of us in this country, not having enough money is not the real problem.  The real problem is not handling or managing the money we do have effectively.  What do I mean? Many Americans are overwhelmed by personal debt. A man earning $35,000 per year with no debts is far better off than a man earning seven figures who is over his head in debt. Facts are facts, folks! We are in a much better position financially when we don't owe anything to anyone! We can be more free to give generously to those who are really in need, we can save, we can invest wisely, and we can leave a financial legacy to our children.

The Bible speaks powerfully on these points. Consider these passages about debt:

"The rich rule over the poor, and the borrower is slave to the lender" - Proverbs 22:7

"Do not be one who shakes 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

God wants us to be free from debt so that we can better testify of what it means to be a good steward (manager) of everything He has given to us.

Let us beseech and pray earnestly to the God of heaven to release us from the bondage to debt, so that we as a people can be liberated to live as our Creator has intended us to live.