Page 1 - Money (2) - The Danger of Debt | Truth & Tidings
The dangers of covetousness and of how they will ever repay what they owe, materialism are exponentially or climb out of the hole they are digging for heightened in our society because themselves. they are coupled with the curse of easy credit, and the almost uni- As Christians, we need to recognize that versal adoption of a blatant consumerism the Word of God is clear and unambiguous fueled by debt. Credit cards are peddled to in its warnings about debt. Proverbs 22:7 teenagers on every college and university states, â€œThe rich rules over the poor, and the campus, lines of credit are pushed by every borrower becomes the lenderâ€™s slaveâ€ financial institution, vehicle leasing is hailed (NASB). The Scriptures do not totally pro- as a brilliant way to â€œdrive more car for the hibit debt, but they do warn, in no uncer- same money,â€ and homes are being pur- tain terms, about its dangers and paint a chased almost entirely with borrowed funds. picture whereby the believer should be very, Most people are living virtually at the limits very cautious about using debt to fund the of their available credit, with little thought purchase of material things.