WHY IS DEBT A PROBLEM?
I started working at a dairy farm when I was around 15 years old, it was hard work, but it taught me the value of the dollar.
I had to pay room and board (this taught me the responsibility of paying my own way). At first if I wanted something I would save my money and pay cash for it. As it was when I bought my first car at 18 years old.
I was the oldest of five children and mom and dad could not just buy me anything I wanted.
My first debt was for another car at 19 years old when my grandfather co-signed with me. At this time, I thought debt was the way you got what you wanted, and I started to get the attitude and desire that I could have what I wanted now and pay latter.
This attitude and mindset stayed with me for 40 years. By this time, I owed over a hundred thousand dollars and could barely make it week to week. Then the Lord started showing me through His Word and other people of God who were debt free how this was not God’s plan for my life.
2 Timothy 3:1-2 NLT
“You should know this, Timothy, that in the last days there will be very difficult times.
2 For people will love only themselves and their money. They will be boastful and proud, scoffing at God, disobedient to their parents, and ungrateful. They will consider nothing sacred.”
Romans 13:8 KJV
“Owe no man anything, but to love one another, for he that loveth another hath fulfilled the law.”
“Keep out of debt and owe no man anything, except to love one another; for he who loves his neighbor [who practices loving others] has fulfilled the Law [relating to one’s fellowmen, meeting all its requirements].”
Since I have been a pastor at Living for Christ Outreach in Corning, Iowa for almost thirteen years the Lord has shown my wife and I how to get out of debt. We have made many mistakes financially over the years but thank God for His mercy and grace that helps us change through His Word and much teaching.
One thing I do know today is that debt is like a rope around our necks that someone is holding and at anytime they could yank it and strangle us to death. Life it not all about things but about people and how we should show them the love of God everyday of our lives.
The Word of God says that the only debt we should keep is the debt of love for one another. I want to leave you with these words.
Mark 12:30-31 NKJV
“And you shall love the Lord your God with all your heart, with all your soul, with all your mind, and with all your strength.’ This is the first commandment.
31 ‘You shall love your neighbor as yourself.’
Pastor Tim P. Blaisure
Living for Christ Outreach