Oh what a tangled web we weave, when first we practice to deceive!
-Sir Walter Scott
Debt is a
complicated subject and there is a great deal that could be said about it. Far
more than I could begin to say and I'm sure much wiser advise than what I can
give. But I would like to share a few little morsels about what I have
personally experienced and learned concerning it. In my home, my husband is and
always has been the financial caretaker, accountant, lender and for the most
part burden barer of and over our finances. While he has always confided in me
in all the decision making, I can attest to the fact that he has spared me much
concern and relief from the burden of our family’s finances. Whatever my
husband and I have, we have only because of the sacrifices and choice that we
have made together through the years and God blessing those sacrifices and choices.
I,in no way consider myself to be a financial advisor, nor do I consider to
have all the answers. But through trial and error and long term hard work, I
know what has, and has not worked for my family. I have learned from a good
teacher by his choices and sacrifices through the years to be consistent,
longsuffering and patient to get the end results of things we would like to
have or achieve. I personally view the entire financial debate in one simple word,
“Stewardship”! I learned this too from my husband. God’s Word teaches that God
is the owner of everything and we are mear mangers and that includes our money.
If we properly manage what God gives us, I have seen firsthand blessing. If on
the other hand we mis-manage those things, I also know the sting of loss and
disappointment as well. While my husband has been a good teacher, I must tell
you that I had to trust the Lord first before I ever learned to trust my
husband. In trusting the Lord, it gave me a net of security that otherwise, I
believe that I would not have had with my husband. That net of security was
simply making the decision in my heart, to do things God’s way! After that,
trusting my husband became as easy as my trusting the Lord. For in the
end….that is what it is all about…..doing your best, and leaving the results to
the Lord.
From a biblical
perspective incurring debt is never a black and white issue. As a matter of
fact there are certain circumstances where debt is almost unavoidable at times.
Like for instance, in the purchase of a home or land paying for educations and
of course our family’s transportation. While the Bible never says that debt is
a sin, unless of course the motive behind it is greed or selfish gain, the
Bible does encourage us to avoid debt all together. The reason God discourages
debt is because He knows that debt enslaves us in one way or another. One of
the best things about God’s Word is, if applied; is that all mankind can
benefit from His truths and wisdom. There are many popular misconceptions about
the scriptures teaching, on debt. Absolutely nowhere in the Scriptures are we
advised or commanded to use debt to accomplish God-given economic goals. On the
contrary, the Bible contains many warnings against the use of debt to acquire
something. The best way to achieve those goals would be to have a plan, work
hard and save for it. However, I have seen some people through the years who get
themselves heavily in debt have the impression that God has promised to get
them out of their problems and will even use a verse that I have often heard
cited in Philippians 4:19: "And my God will supply all your needs
according to His glorious riches in Christ Jesus." The promise of course is
true, God can and will meet our needs by His vast supply….but note the rest of
the verse….according to His glorious riches in Christ Jesus…those glorious
riches does not mean material riches, but a wealth of wisdom and truth….those
are the riches of God in Christ Jesus…... and I have learned firsthand that
does not mean, that Jesus has enough money to bail us out of something because
He owns it all…especially when we have gotten ourselves into financial trouble
by making wrong choices. He hasn't pledged Himself to us, to cancel the
consequences of our unwise behavior. He pledges to us to deliver us and make
another way of escape, as we walk in obedience with Him. When we disobey and
choose to do things our way, we often times will end up needing His help to get
out. However, His help always requires, His terms!
Through the years in
conversation with friends as well as my personal recollections of doing things
the wrong way, it was always easier to get in debt through the use of lenders,
for three reasons. First, because we may have been living, “by sight”, trusting
in what we can see. It is much easier to visualize a person who is sitting in
front of us, and them assuring us, that we can have what we are asking for;
with interest of course! Where with God, we will first need to confirm if it is
His will for us to have it, and then of course…it’s that dreaded time frame of
His that we would have to wait in….recall with me the scripture in James 4:3
that says …. Ye ask, and receive not, because ye ask amiss, that ye may consume
it upon your lusts. Well, there ya go… in a nut shell!
The second reason I
believe that we find it easier to go to a lender than to God is because we want
what we want and it’s not up for debate! So we do not commit it to the
Lord…..nor do we even take the time to consider what He may think….we just do
it! Psalms 37:5 instructs us to, “Commit thy way unto the Lord; trust also in
Him; and He shall bring it to pass.” God will always show us a way….but it is
up to us if we go the way He shows.
The third reason is
because, of what it says in Luke 14:28 “For which of you, intending to build a
tower, sits not down first, and counts the cost, whether he has enough to
finish it?” More often than not, we do not first calculate the outcome or our choices
and the wrong choices will always take us further than we wanted to go, keep us
in debt longer than we had planned on being in, and the payoff or interest,
cost us much more than we end up wanting to pay. Most often we are too quick to
let our own will guide us and not God’s will for our lives. I like what Oswald
Chambers says about calculating with God’s perspective…. “Haul yourself up a
hundred and one times a day in order to do it, until you get into the habit of
putting God first and calculating with Him in view.” The jewel in that comment
is, “get into the habit”. It’s simply a matter of getting ourselves into a
habit of pursuing God’s will in every area of our lives. Do nothing without
getting His mind on it first…and then obey what He says to do about it.
While the Bible may
not saying black and white that it's wrong to borrow money, it does however warn
us against presuming upon the future: "Come now, you who say, 'Today or
tomorrow we will go to such and such a city, spend a year there, buy and sell,
and make a profit;' whereas you do not know what will happen tomorrow. For what
is your life? It is even a vapor that appears for a little time and then
vanishes away. Instead you ought to say, 'If the Lord wills, we shall live and
do this or that" James 4:13-15. By borrowing you may possibly be denying
God an opportunity to build up your faith through a particular provision . The
Lord has promised to supply all our needs Philippians 4:19, but He never
promised us that we could have everything we want. For like children, He knows
that some things are not good for us. Some things can even draw our hearts away
from Him. That is why we are to seek His will over a matter and know when He
does not come through for us on our terms….there must be a good reason! Sometimes
borrowing can be unwise because it is just an easy way out of a situation that
would otherwise force us to be stretched spiritually to trust God to come
through for us. Romans 13:8 encourages us to owe no man anything….why? Because
God does not want His children to be in bondage or slavery to nothing or no
one. He knows the heaviness of what debt can bring and longs for us to be smart
and never undertake on a debt that we can never get out of, short term. We do
not sin because we incur debt, we sin when our debt overtakes us and causes us
to worry and be fretful and fearful of our future. For you see, those are the
very things that trap us and once we get trapped we become a slave to it.
Why is Debt like slavery? If you’ve ever acquired any amount of
debt, whether it was a car loan, or credit card balance you couldn’t pay off at
the end of the month, you may have felt the burden of slavery. This burden
stems from owing money to someone else. That payment is due each month whether
you can pay it or not. The heaviness of the burden alone places a ball and
chain around our necks holding us captive to that which we cannot get loose.
The Bible clearly tells us that we are slaves to the lender when we are in
debt. That burden is the slavery of being obligated or in debt to another
person. Just as the rich rule the poor, so the borrower is servant to the
lender Proverbs 22:7. This is probably the most powerful debt related scripture
in the Bible because it puts it into perspective quite well. I would think that
for the most part folk that are servants, want to be servants by choice, not
because of some debt they owe and are made to be a servant of that debt.
Debt, as with all troubles, can be an opportunity for growth. They
are tests of our faith. With the right attitude towards them, we can see them
as growing opportunities. Debt is not good. But we can allow it to strengthen
our faith and perhaps use our story to help others in the future by overcoming
it. I think the important thing to keep in mind is not to be discouraged about
being in debt. It would be easy to have a negative attitude. Perhaps it would
also be easy to blame someone else, or just the unfortunate situation. But if
looking at debt as a trial that can and will be overcome, there is a great
opportunity on the other side. God’s word gives that encouragement…Consider
it pure joy, my brothers, whenever you face trials of many kinds, because you
know that the testing of your faith develops perseverance. Perseverance must
finish its work so that you may be mature and complete, not lacking anything.
If any of you lacks wisdom, he should ask God, who gives generously to all
without finding fault, and it will be given to him. James 1: 1-5. When
we are obliged to incur debt, there are some important biblical concepts that
should govern our borrowing and one of them is, always strive with great effort
to pay back any debt incurred as soon as possible. Psalm 37:21 states,
"The wicked borrow and do not repay." Here the answer is obvious! One
that does not repay their debts, the Bible calls "wicked."
Ultimately, a believer has a moral obligation to repay their creditors to the
best of their ability.
Oh friend, my heart aches for all of us that have been guilty at
times as we have weaved a tangled web of debt, only to find that the desires of
our flesh has deceived us into making wrong financial choices. Learning to be a
good steward of our money by having a good plan and goal, setting money aside
to accomplish those goals and waiting until the money is there, is the very
best plan we can have and the best part is; we live in freedom!
Loving on you today,
Bren