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Daily Verse: “The rich rule over the poor, and the borrower is the slave of the lender.” Prov. 22:7
“You know there’s a scripture about that in the Bible,” the First Officer said to me. A Christ-follower whose name I can’t remember; his words have never left me. Discussing my enormous credit card debt at the time, the pilot pointed me toward the Bible for the answer to overcoming it.
During Solomon’s time, Israelites sold themselves into slavery to pay off their debts. In today’s world, the modern debtor works to pay off their bills, slave to their lenders. The top reasons for bankruptcy in America come from credit problems, job loss, living beyond means, medical costs, divorce, and unexpected emergencies.
Biblical financial wisdom calls us to save for a rainy day to avoid the monetary pitfalls of this world. Yet, statistics show less than half of Americans have enough savings to cover unexpected expenses.
My First Officer’s words started me on the journey to apply Biblical principles to my finances, leading me out of my debt and freeing me from slavery to my lenders. God’s word shows us how to apply fiscal wisdom to our lives.
Lord, forgive us for ignoring Your financial instructions. Help us to follow the guidance You give us. As we face monetary decisions, help us become obedient to Your commands. Bless our efforts and lead us from the bondage of debt. IJNIP. Amen