Romans 13:8 Don’t run up debts, except for the huge debt of love you owe each other. When you love others, you complete what the law has been after all along. (MSG)
It’s better to go to bed hungry, than to wake up in debt & broke.
We believe overcoming financial bondage is one of the greatest struggles for anyone seeking financial freedom. Many of you only dream of saving money. In many instances you do not experience financial health because you are trying to borrow yourself into wealth. You want to look rich to cover your raggedness. You desire to appear prosperous to hide your poverty. You feel that wealth can heal your wounded-ness.
Many of you do not see anything wrong with living in debt. The more I can borrow the better. I didn’t either at first; just like the story of the frog . I’m told if you put a frog in a pot of water on a stove with no lid, and gradually turn up the heat, the frog will remain in the pot until it is cooked alive, even though the frog has the ability to easily jump out of the pot at anytime.
Every time you borrow money, you’re robbing your future legacy.
Initially I felt debt was a good thing; just a financial tool. It allowed me to obtain things I felt I needed now and I could pay for it later….WOW! That sounded like a good deal… Just like when the serpent lied to Eve in the Garden of Eden. He told Eve if she ate of the tree of good and evil she would not “surely die”. Listen to me people, if you play with snakes you will get bitten.
Debt has been successfully marketed by banks and financial institutions in the United States as your pathway to prosperity. As a result, many of you have found ourselves in financial bondage with little or no hope of ever experiencing financial freedom again.
Freedom from debt is worth any amount you can earn.
If you are in bondage because of debt, your first step into financial freedom is to admit your finances are out of control. If you continue to live in denial, you won’t seek help and you won’t break free. The Bible says that “the borrower is slave to the lender”. Ask God, in prayer, for the power to break break free of debt. With God, and a made up mind, you can experience financial freedom.
Prayer of Blessing: Lord, help me to become wise with money.
Michael J. Vance is the co-host of a podcast Better Husband Father Man hub for all things; parenting, marriage, and self-improvement. He is a financial & benefit risk manager with Hundley Batts & Associates Insurance Agency and co-founder of Stewardshipofwealth.com Ardella Vance volunteers her time, talents, and financial resources to causes she is passionate about. She is a gifted educator and a Master Guide in the Pathfinder Club, a global organization empowered to teach life and leadership skills to young people. The Vances have been married well over 3 decades and share their lives with four adult children and ten exceptional grandchildren. They currently reside in Huntsville, Alabama and blog from their workbook “Stewardship of Wealth”.