Monday, September 29, 2008

Slavery Sucks...

The focus of this past Sunday's message is that "the borrower is slave to the lender." This can be found in Proverbs 22:7.

Here are some alarming statistics I came across about the American cultures issues with debt...

  • If you go to cardweb.com, you will see that the Avg. American family with at least one credit card is $9,200 in debt.
  • The avg. cardholder has 2.7 bank credit cards, 3.8 retail credit cards, and 1.1 debit cards. That’s 7.6 cards per cardholder!!!
  • 43% of American families spend more than they earn each year.
  • In the past 10 years, bankruptcies have gone up by 100%.
  • In 1929, 2% of American homes had a mortgage.
  • In 1962, 98% of American homes had a mortgage.

The point is… We have a problem!!!!!!!!!!!

The good news is… there is some pretty cool principles in the Bible that can help lead us out of this debt that we have gotten ourselves in.

I would encourage you to read 2 Kings 4:1-7.

This is the story of a widow whose husband left her with some serious financial debt. It was so bad that the creditors were going to take her sons into slavery as payment. She approached the prophet Elisha and told him that she literally had nothing except a little oil. He then told her to collect as many jars as she could from her neighbors. When she had done this she was to pour the little oil that she did have into all of these jars. She ended up filling up all of the jars and had enough money to pay off her debts plus some to live off of in addition to that.

You and I might look at this situation and say that it was crazy that the prophet told her to go out and collect all of these jars from her neighbors. After all... she had NOTHING!!! Plus... thnk of how this must have hurt this woman's pride to have to ask her neighbors for these empty jars.

The worse off you are financially, the crazier the things you might have to do to get out of this "Money Pit" we call debt. Cut your cable; get rid of your WiFi; stop eating out at places you can’t afford; start cutting out coupons and shop for bargains; forget that vacation you’ve been saving up for and pay off your credit cards; etc, etc, etc… Even if you don't totally get rid of something like your cable... you can at least down size in the amount of channels you have. It's OK not to have 5,000,000 channels-4,999,980 0f which you'll never even watch!!! After all, do you really need ESPN, ESPN2, ESPN News, ESPN Alternate, ESPN Plus, ESPN U, etc... ???

So... with all of this in mind... Is there such a thing as a good debt??? YES!!!

Romans 13:8 says not to let any debt remain outstanding, but to be in debt to one another in love. So we are not to let any debt remain outstanding, but we are to have a continuing debt to love one another.

I believe that outstanding financial debt that you and I have can sometimes keep our focus off of the debt that we are supposed to have… and that is the debt to love one another!!! So if you remember any of this blog... remember this!!!

THE ONLY DEBT THAT’S PLEASING TO GOD IS THE DEBT TO LOVE OTHERS!!!

Imagine what we as the children of God could do for his kingdom, if we were financially debt free!?!?
I believe we could change the world!!!

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