“The rich ruleth the poor, and the borrower is servant to the man that lendeth.” Proverbs 22:16 “Owe nothing to any man…” Romans 13:8
“No servant can serve two masters; for either he shall hate the one, and love the other: or else he shall lean to the one, and despise the other. Ye cannot serve God and riches.” Luke 16:24
The curse of debt is like a plague that has infested nearly every house in the nation. It drives mothers from homes and away from their children. It forces fathers to work long hours in jobs that do not inspire them. It removes children from their homes and from their parents for most of their waking hours. It affects nearly every person in every household in our land.
It may be wise here to define what is meant by debt. Debt is borrowing money to purchase things that we want now, but cannot afford to pay for until later, if at all.
Debt makes slaves. When a person borrows money to purchase a house, a car, a boat, or any other item that they cannot afford, they are in essence asking to become enslaved to the item. In many cases this enslavement to possessions lasts an entire lifetime. It starts when most kids graduate from high school and go on to college. They enslave themselves with student loans that will take years to repay.
Churches take on debt too. God’s word warns against debt, but some churches are so stricken with the “need” of a new church building that they cannot possibly wait for God to provide, instead they must take matters into their own hands and enslave The Bride of Christ.
Our Government takes on debt…a lot of debt! As of this writing our nation’s debt total is $10,531,434,696,496.64. In case you are wondering that is about 10 and a half Trillion Dollars. The United States of America is enslaved to foreign powers, and the Federal Reserve.
We have become an enslaved nation dependent on banks and lenders, and we have turned our back on God’s instructions to how we should handle money.