4-Financial Freedom: Avoiding & Overcoming Debt (Heb 13:5) - Part 1

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4-Financial Freedom: Avoiding & Overcoming Debt (Heb 13:5) - Part 1

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Financial Freedom:

Lesson #1: "God's Blueprint"

Lesson #2: "Investing For A High Return"

Lesson #3: "Practical Financial Strategies"

Lesson #4: "Avoiding And Overcoming Debt"

I Biblical Perspective On Using Credit

God favors lending over borrowing - Deut 15:4-6
Unwise borrowing can enslave us - Prov 22:7; 1 Cor 6:12
Use credit wisely and avoid it when possible - Rom 13:8

II Problems With Using Credit

It can circumvent trusting God - Matt 6:30-33; Phil 4:19
It reduces our capacity for wise stewardship
By making impulsive buying too easy
By reducing the scope of our options
By enslaving us financially and emotionally
It can signal a lack of contentment - Heb 13:5; 1 Tim 6:6-8; Phil 4:11-13

III Questions To Ask Before Using Credit

Do I really need it? Phil 4:19; I Jn 2:15-17; 1 Tim 6:9-11
Is my lifestyle already adequate? - Mat 6:31ff; Lk 12:15, 23
Have I asked God for it? - Matt 7:7-8; James 4:2-3
Have I waited for His answer? - Ps 27:14; 37:7, 34
Is God testing my faith, my values, my motives, etc.?

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