Comments on: The Bible and Debt http://www.christianpf.com/the-bible-and-debt/ Christian Personal Finance - Financial help, debt help and other financial resources Sat, 21 Nov 2009 05:30:02 -0600 hourly 1 By: Mee-shell http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-15805 Mee-shell Sun, 20 Sep 2009 22:58:42 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-15805 This site is very enriching for the soul! In times like this where people are so busy doing and thinking worldly things, not knowing what their real purpose are, it's good to know that there are sites like this that spread the Word of God in this world of modern technology. I like the post The Bible and Debt. It's really true that the big part is on us for us to be debt-free. I also liked the Bible verses about debt and lending. For someone like me who has so much debt, and also has a lot of debtors, the verses are very helpful. The Scriptures that I can relate very well to are Ecclesiastes 5:5 "It is better that you should not vow than that you should vow and not pay", Proverbs 22:26-27 "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", Exodus 22:25 "If you lend money to My people, to the poor among you, you are not to act as a creditor to him; you shall not charge him interest.", Matthew 5:42 "Give to him who asks of you, and do not turn away from him who wants to borrow from you"' and Luke 6:35 "But love your enemies, and do good, and lend, expecting nothing in return; and your reward will be great, and you will be sons of the Most High; for He Himself is kind to ungrateful and evil men" If only people have lived up to these verses, then there would be lesser problems in this world. This site is very enriching for the soul! In times like this where people are so busy doing and thinking worldly things, not knowing what their real purpose are, it’s good to know that there are sites like this that spread the Word of God in this world of modern technology.

I like the post The Bible and Debt. It’s really true that the big part is on us for us to be debt-free.

I also liked the Bible verses about debt and lending. For someone like me who has so much debt, and also has a lot of debtors, the verses are very helpful. The Scriptures that I can relate very well to are Ecclesiastes 5:5 “It is better that you should not vow than that you should vow and not pay”,
Proverbs 22:26-27
“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”,
Exodus 22:25
“If you lend money to My people, to the poor among you, you are not to act as a creditor to him; you shall not charge him interest.”,
Matthew 5:42
“Give to him who asks of you, and do not turn away from him who wants to borrow from you”‘ and
Luke 6:35
“But love your enemies, and do good, and lend, expecting nothing in return; and your reward will be great, and you will be sons of the Most High; for He Himself is kind to ungrateful and evil men”

If only people have lived up to these verses, then there would be lesser problems in this world.

]]> By: Anthony http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-13839 Anthony Tue, 07 Jul 2009 21:42:31 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-13839 Thanks for the article on debt. This is a great site that I just happened upon recently. As for me, I managed to get completley out of debt 2 years ago when I paid off the house (at 49 yrs of age). And that in less than half the loan period of 25 years. I was challenged many years ago by a Christian brother that the Lord wanted us debt free and so I worked at it. Every pay rise, tax cut or other money fall would go into the loan. I had no other debts, drove old cars, fixed them myself and also anything that had to be done on the house I did myself where possible. Never took out any other loans and had only a debit card. I encouraged my children to finance their own tertiary education, which they have done very successfully (my son finished a full time science degree debt free by working at Hungry Jacks part time using the same principles we have taught him). I have a family with 5 children and my wife has never worked since we were married. We have always gone on holidays, we bought an old boat and restored it along with other hobby things, and I have never worked overtime, wanting to be home for my family as much as possible. What you say about giving is so right. I started tithing on my net income 25 years ago, then 2 years later was challenged to tithe on my gross income, then was challenged to give extra offerings. Even before the house was paid off I was giving a fair bit more than the gross tithe and God just seemed to keep providing. My mother always wondered where the money was coming from. I have just an average paid job so its not like I have a massive income. What you have challenged me in though is to give more now that I am debt free. As you said God wants us out of debt for Him, not for us, even though we reap the benefits as well. So I will be prayerfully considering what extra to be giving and where. Thanks for the article on debt. This is a great site that I just happened upon recently.
As for me, I managed to get completley out of debt 2 years ago when I paid off the house (at 49 yrs of age). And that in less than half the loan period of 25 years.
I was challenged many years ago by a Christian brother that the Lord wanted us debt free and so I worked at it. Every pay rise, tax cut or other money fall would go into the loan.
I had no other debts, drove old cars, fixed them myself and also anything that had to be done on the house I did myself where possible.
Never took out any other loans and had only a debit card. I encouraged my children to finance their own tertiary education, which they have done very successfully (my son finished a full time science degree debt free by working at Hungry Jacks part time using the same principles we have taught him).
I have a family with 5 children and my wife has never worked since we were married. We have always gone on holidays, we bought an old boat and restored it along with other hobby things, and I have never worked overtime, wanting to be home for my family as much as possible.
What you say about giving is so right. I started tithing on my net income 25 years ago, then 2 years later was challenged to tithe on my gross income, then was challenged to give extra offerings. Even before the house was paid off I was giving a fair bit more than the gross tithe and God just seemed to keep providing. My mother always wondered where the money was coming from.
I have just an average paid job so its not like I have a massive income.
What you have challenged me in though is to give more now that I am debt free.
As you said God wants us out of debt for Him, not for us, even though we reap the benefits as well.
So I will be prayerfully considering what extra to be giving and where.

]]> By: npfox http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-11714 npfox Mon, 13 Apr 2009 15:43:14 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-11714 According to Strong's the word borrow here in this verse is "to ask" not "go into debt" According to Strong’s the word borrow here in this verse is “to ask”
not “go into debt”

]]> By: pracmag home page » Blog Archive » Bankruptcy and the Bible http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-5696 pracmag home page » Blog Archive » Bankruptcy and the Bible Fri, 15 Aug 2008 22:51:12 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-5696 [...] The Bible and Debt [...] [...] The Bible and Debt [...]

]]> By: Rick Vaughn http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-5402 Rick Vaughn Sat, 02 Aug 2008 23:41:40 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-5402 Great post! The bible is a pretty neat "playbook" for life. So many people ignore their debts and in the end hurts all humanity. Great post!

The bible is a pretty neat “playbook” for life. So many people ignore their debts and in the end hurts all humanity.

]]> By: Carnival of Debt Reduction » Blog Archive » Not the Jet Set has posted this week’s Carnival! http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-5007 Carnival of Debt Reduction » Blog Archive » Not the Jet Set has posted this week’s Carnival! Tue, 15 Jul 2008 04:48:36 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-5007 [...] Finance Blog posts on the worst financial advice given Christian Money and Finances discusses what the Bible says about debt The Personal Financier talks about why budgeting should be a family activity In Debt Because I Like [...] [...] Finance Blog posts on the worst financial advice given Christian Money and Finances discusses what the Bible says about debt The Personal Financier talks about why budgeting should be a family activity In Debt Because I Like [...]

]]> By: Vacation Pictures.. and Post Roundup | Bible Money Matters http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-4993 Vacation Pictures.. and Post Roundup | Bible Money Matters Mon, 14 Jul 2008 14:17:56 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-4993 [...] The Bible and Debt @ Christianpf.com [...] [...] The Bible and Debt @ Christianpf.com [...]

]]> By: NtJS http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-4983 NtJS Sun, 13 Jul 2008 20:55:51 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-4983 @CoolHappy Ummmm.... no. I'm not buyin' that. II Kings 4:7 "Go, sell the oil and pay your debts. You and your sons can live on what is left." She was told to collect empty VESSELS. JARS. Not money. She was then told to fill the jars with oil that she had and sell it. She did not solve her problem via a loan. Ever borrowed a cup of sugar from a neighbor? @CoolHappy

Ummmm…. no. I’m not buyin’ that.

II Kings 4:7
“Go, sell the oil and pay your debts. You and your sons can live on what is left.”

She was told to collect empty VESSELS. JARS. Not money. She was then told to fill the jars with oil that she had and sell it. She did not solve her problem via a loan. Ever borrowed a cup of sugar from a neighbor?

]]> By: CoolHappyGuy http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-4859 CoolHappyGuy Wed, 09 Jul 2008 14:32:55 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-4859 After thinking it over, I realized that I might have left the wrong impression in my previous post. I did not intend to imply that entering into debt is necessarily sanctioned by the Lord. Yes, there was an instance in which the Lord used debt as an instrument in His miraculous deliverance. However, we should reflect: -This was an EXTREME case: Essentially, the widow was going to lose her sons. -The widow sought the Lord in her circumstances. She pleaded with prophet, the mouthpiece of the Lord. -The debt of her spendthrift late husband got her into this mess presumably with no provision to escape (a Biblical endorsement of life insurance?) -The Lord provided the means to pay off the debt. At any point, she could return the jars. More important, the benefit from the borrowed items (jars) was a source of ongoing income. -The debt was for a long-term benefit. No spontaneous purchase here. -This is one of the few (only?) POSITIVE references to borrowing. -The bulk of scripture exhorts a very sober and deliberate use of debt. Yes, the Lord used debt as a means for this woman's deliverance. However, I would submit that He preferred that her late husband would have exercised wisdom in his lifetime so that she would not find herself in this mess in the first place! (see Proverbs 30:25, 1 Timothy 5:8, et al.) After thinking it over, I realized that I might have left the wrong impression in my previous post. I did not intend to imply that entering into debt is necessarily sanctioned by the Lord.

Yes, there was an instance in which the Lord used debt as an instrument in His miraculous deliverance. However, we should reflect:

-This was an EXTREME case: Essentially, the widow was going to lose her sons.
-The widow sought the Lord in her circumstances. She pleaded with prophet, the mouthpiece of the Lord.
-The debt of her spendthrift late husband got her into this mess presumably with no provision to escape (a Biblical endorsement of life insurance?)
-The Lord provided the means to pay off the debt. At any point, she could return the jars. More important, the benefit from the borrowed items (jars) was a source of ongoing income.
-The debt was for a long-term benefit. No spontaneous purchase here.
-This is one of the few (only?) POSITIVE references to borrowing.
-The bulk of scripture exhorts a very sober and deliberate use of debt.

Yes, the Lord used debt as a means for this woman’s deliverance. However, I would submit that He preferred that her late husband would have exercised wisdom in his lifetime so that she would not find herself in this mess in the first place! (see Proverbs 30:25, 1 Timothy 5:8, et al.)

]]> By: Jon http://www.christianpf.com/the-bible-and-debt/comment-page-1/#comment-4837 Jon Tue, 08 Jul 2008 14:11:23 +0000 http://www.christianpf.com/the-bible-and-debt/#comment-4837 This is a great post. Thank you for pointing out what the Word of God says. Many people just don't know what God's Word says because they don't engage in it themselves. Principles like freedom and debt are plainly displayed in his Word for all to see. Thanks for putting all these scriptures together. This is a great post. Thank you for pointing out what the Word of God says. Many people just don’t know what God’s Word says because they don’t engage in it themselves.

Principles like freedom and debt are plainly displayed in his Word for all to see.

Thanks for putting all these scriptures together.

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