Debt — A Biblical Exploration (Day 1 of 5)

Debt can cause so many problems both financially and spiritually. When too much debt is attained, it is as if we become trapped, drowning in our finances.

Our worries over our debt quickly consume our lives and our thoughts. We become servants to debt, and debt becomes our master.

Debt can cause us to have tunnel vision, living life consumed by our financial worries instead of putting God first in our lives.We can quickly forget about God and those around us who we care and love.

Dallas Willard describes the spiritual bondage we encounter when we get in too much debt.

"In our current world, a large part of the freedom that comes from frugality is freedom from the spiritual bondage caused by financial debt. This kind of debt is often incurred by buying things that are far from necessary and its effect, when the amount is substantial, is to diminish our sense of worth, dim our hope for the future, and eliminate our sensitivity to the needs of others."

Romans 13:8 — "Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law."

Proverbs 22:7 — "The rich ruleth over the poor, and the borrower is servant to the lender."

1 Corinthians 7:23 — "Ye are bought with a price; be not ye the servants of men."