Debt is an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
Financial pressure is devastating to a marriage and family. It is considered the major cause of divorce. Make a list of all your debts today. Now, focus your faith and efforts toward moving this mountain. Your life is worth it.
That’s why apostle wrote to Timothy “But godliness with contentment is great gain.” Be contented with what you have whether little or much, don’t try to copy or be like others in your terrain.We must seek to avoid debt as far as possible: Debt is a violation of the commandment, "Owe no man anything, save to love one another" (Rom. 13:8). The normal life of the covenant man is to be debt-free, to owe no man anything save the obligation of rendering tribute, honor, fear, and custom wherever due, and of rendering that love which is the fulfilling of the law.
That’s why apostle wrote to Timothy “But godliness with contentment is great gain.” Be contented with what you have whether little or much, don’t try to copy or be like others in your terrain.We must seek to avoid debt as far as possible: Debt is a violation of the commandment, "Owe no man anything, save to love one another" (Rom. 13:8). The normal life of the covenant man is to be debt-free, to owe no man anything save the obligation of rendering tribute, honor, fear, and custom wherever due, and of rendering that love which is the fulfilling of the law.
Debt Is The Proof of Impatience.
"The rich ruleth over the poor, and the borrower is servant to the lender," (Proverbs 22:7).
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