“Owe no one anything except to love one another, for he who loves another has fulfilled the law.” — Romans 13:8 NKJV
To owe someone means to be indebted to the person. So many people are owing others and organisations (for example, banks). And although debt is such a bad thing, people struggle very hard to pay it. Aside from all these issues, what does the Bible teach about debt?
Paul warns us in Romans 13:8 that we should owe no one anything except to love one another. Wow! That means that getting into financial debt isn’t good, although it’s also not sinful. The only debt we cannot finish paying as Christians is love.
What do you do with your money? Do you spend as if there’s no tomorrow so as to save today? Many people end up in debt not because they don’t have money but because they’ve not learnt how to steward their funds as God directed us to do in the scriptures. The Bible teaches about savings and multiple investments (Ecclesiastes 11:1, Proverbs 21:20). So God isn’t silent on how we must use our finances. What do you know?
We children of God must be intentional when it comes to building a healthy financial legacy and integrity in our lives. Building up debt doesn’t speak well of you and God because God wants you to be so rich that you’ll lend to others and not vice versa.
If you owe anyone, allocate a portion of every money you receive to pay for it gradually. Save some and spend the rest of your money wisely. Don’t be fun of always coming to others for financial help. It shows you’re not a good steward of your money and that implies that your financial literacy is low.
Be wise. Attach how you use your time and resources to divine purpose, and God will show you how you can be a blessing to others.
You’re a blessing.
Prayer
Father, I pray you’ll not just give me scriptural knowledge but also financial literacy. Open my eyes to see how You’ve taught us in Your Word to use our finances. In Jesus’ name. Amen.
Devotional Code: KGD // 2022 – 306