Romans 13:8 (AMPC) tells us to Keep out of debt and owe no man anything, except to love one another... My husband, Dave, says that if we learn to live within our income, or our borders, then God will bless us.
Proverbs 22:26-27 ERV. Don't promise to pay someone else's debt. If you cannot pay, you will lose everything you have. So why should you lose the bed you sleep on?
Financial freedom means having enough to provide adequately for your household and to give generously and joyfully to God's work. God wants you to be financially free so you can put Him first in your life and be sensitive to His voice, ready to follow Him whenever -- and wherever -- He leads.
Matthew 6:12 - Forgive us our debts, as we forgive our debtors. Matthew 18:27, 30, 32, 34 - Forgive because your debts have been forgiven. Luke 7:42-43 - He who is forgiven much (debt) loves much; he who is forgiven little (debt) loves little. Romans 4:4 - Wages, like a debt owed, must be paid.
The Bible never says that going into debt is a sin. However, it issues a very stark warning: “The rich rule over the poor, and the borrower is slave to the lender”.
He can create or allow financial hardships to occur in your life for the purpose of correction, instruction, and spiritual growth. He does this out of love.
If we take God's Word seriously, we should avoid debt when we can, since “the borrower is servant to the lender” (Proverbs 22:7, NLT). And since Jesus tells us we cannot serve both God and money, we should ask ourselves, before undertaking any debt, How will this affect my capacity to give generously?
Philippians 4:19: And this same God who takes care of me will supply all your needs from his glorious riches, which have been given to us in Christ Jesus. Proverbs 10:22: The blessing of the Lord makes a person rich, and he adds no sorrow with it. 2 Corinthians 9:8: And God will generously provide all you need.
Similarly, in Deuteronomy 15, God says that every seven years, creditors should “remit the claim that is held against a neighbor” because “the Lord's remission has been proclaimed.” In the New Testament, Jesus instructs his followers to pray “forgive us our debts, as we also have forgiven our debtors” (Matthew 6:12, ...
Pay everyone whatever you owe them. If you owe taxes, pay them. If you owe tolls, pay them. If you owe someone respect, respect that person.
Prayer for financial breakthrough:
"Dear God, I pray for a breakthrough in my financial situation. Please open doors and create opportunities for me to increase my income and achieve financial freedom."
“The wicked borrow and do not repay, but the righteous give generously.” - Psalm 37:21. As Christians, we know that paying our debts is important. We serve a just and righteous God who hates dishonesty, but what if someone owes you money? What recourse do you have?
“You shall not make any cuts on your body for the dead or tattoo yourselves: I am the Lord.” What does the Bible say about tattoos? That's it—that one line in Leviticus 19:28 of the Old Testament. But context is key—and this scripture may not apply to us in the way it looks.
It's wrong not to repay debts
Psalm 37:21 says, “The wicked borrows but does not pay back.” This doesn't necessarily mean that it's always wrong for a Christian to declare bankruptcy.
Scripture is clear that while debt itself may not be sinful, it's also not God's best for His people. This is because when we choose to borrow money, we are putting our trust and confidence in a credit card or a lender instead of in Christ.
Matthew 6:12. 12 And forgive us our debts, as we also have forgiven our debtors.
Romans 2:6 In-Context
6 God “will repay each person according to what they have done.” 7 To those who by persistence in doing good seek glory, honor and immortality, he will give eternal life. 8 But for those who are self-seeking and who reject the truth and follow evil, there will be wrath and anger.
God wants us to live free from debt, so that we are free to serve Him. When we choose God over money and debt, we put our trust in Him to provide what we need, in His perfect timing.
He calls us to be good stewards of the resources He has entrusted to us, using them to bless others and advance His kingdom on Earth. This means that wealth should never be viewed as an end in itself but rather as a means to fulfill God's purposes and impact the lives of those around us.