Tuesday, September 23, 2008
Proverbs 22:7 says, "Just as the rich rule the poor, so the borrower is servant to the lender." This is an interesting proverb to think about. When you are in debt you're enslaved. We've all felt it when we get that bill in the mail. When you are enslaved someone or something begins to control you. Your decision making then is influenced and directed by that which is your master. It is difficult to impossible to have two masters. Those who live in debt live enslaved to their lender. Visa, student loan corporations, car companies and so on and so forth. At the beginning of 2008 Stacie and I owed $17,000 to South Carolina Student Loan Corporation and $2,000 to home depot. In addition when we sold our home we had to consume another $2,400 in debt just to get out of the house. I would like to rejoice in God's provision over the fact that we only have just over $200 remaining on the student loan and $1,600 remaining on the house loan. My goal, prayer and plan is that we will have this completely paid off by Dec. 31, 2008... Even if Stacie and I don't get to give Christmas gifts to one another. I fully have seen the power of this one verse and want to be completely debt free. When we have someone or something other than Christ as the master of our lives we are unable to pursue him freely. We must aggressively seek to rid ourselves of all debts so that we can be focused on God and his work here on earth. For more help on eliminating debt read Dave Ramsey's book- Total Money Makeover or go through his course- Financial Peace. Hope this helps!!