Posted on

It is God’s will for us to reveal this to our neighbors!

Debt is generally not a good thing to have, especially high interest debt. However, not all debt is bad, especially if you invest in well paying assets. The scriptures teach that there is one debt that we could never fully repay, and that is the debt of love: Romans 13:8 (Phillips)  “Keep out of debt altogether, except the perpetual debt of love which we owe to one another. The man who loves his neighbor has obeyed the whole Law in regard to his neighbor”. The Greek word “Agape” is not so much a matter of emotion as it is of doing things for the benefit of another person, that is, having an unselfish concern for another and a willingness to seek the best for other believers (Biblegateway.com). Are you daily paying your debt to your neighbor? Love is not just a saying. It is an action word. Love helps. Love heals. Love cares. Love provides. When we love, we reveal God’s will to humanity because after all, God is love!

1 John 4:7-11 “Beloved, let us love one another, for love is of God; and everyone who loves is born of God and knows God. He who does not love does not know God, for God is love. In this the love of God was manifested toward us, that God has sent His only begotten Son into the world, that we might live through Him.  In this is love, not that we loved God, but that He loved us and sent His Son to be the propitiation for our sins.  Beloved, if God so loved us, we also ought to love one another”.

Posted on

Don’t allow them to take your bed from under you!

I have been asked from time to time if I would co-sign or take a loan for someone else? The answer is yes and no. When you co-sign, you are actually taking responsibility for that loan. The Proverbist teaches this very important principle  in Proverbs 22: 26-27 (NLT) – “Don’t agree to guarantee another person’s debt or put up security for someone else. If you can’t pay it, even your bed will be snatched from under you”. The scriptures warn us about taking on someone else’s debt. I have heard many occasions where a person is suddenly straddled with the weight of someone else’s debt because the person they agreed to sign for suddenly  isn’t able to pay the debt. This is what you must consider: Do not take one anyone else’s debt unless, a) they are very important to you, ie: your child, some other close family member or a dear friend, and, b) you are ok with assuming the debt in case they cannot pay it in the future. If you know that you cannot afford it, say no, even if the person gets angry with you. You will be saving yourself from financial bondage in the future, and you might very well save your friendship from a serious fallout. This is God’s wisdom so take it seriously!

Proverbs 11:15 (NLT) – There’s danger in putting up security for a stranger’s debt; it’s safer not to guarantee another person’s debt.