Bible Verses About Debt Free will guide you into your dream life of financial freedom. Debt freedom is the heart desire of everyone who wants to live his/her days on Earth happily with a peaceful mind. However, debt is an alarming reality which is rapidly growing in the world. In a country of reference like America, roughly 8 out of every 10 people are in debts. These debts can be averaged at around $67,900 per person. Almost everyone would rather choose not to get into debt. But this is hardly the case as debts are perceived as a necessity to advance in life for most people. Note that debts can be both good and bad. A good debt is a useful financial tool which helps you to greatly improve on your long term financial achievements.
Such could be going to college for education, purchasing a home, starting a business, or simply investing. On the other hand, a bad debt such as the credit card debt weighs down your finances by rapidly increasing in interest without contributing to the growth of your finances. Such will get you more soaked into debts in order to meet up with your needs. And as a result, you’ll find yourself in a cycles of debt. Sad to say but constant pressure from debts will contribute in damaging your health, work, peace of mind, relationship, and productivity. Those who are in debts are more likely to have troubled minds and sleepless nights. That’s why everyone wants to get out of debts and experience debt freedom. But for this, you’ll need knowledge and wisdom on how to go about. The Bible verses about debt free will help you for this purpose.
Bible Verses About Debt Free
Paying off all your debt will grant you the possibility of making significant monthly savings. However, if you are into serious debts, do not worry because there is a way out. The first step to take in other to come out of a deep debt pit is to make up your mind to do so. It does not matter how soaked you are into debts. What matters is the determination to be debt free. Where there is a will, there is a way. Hence, your chances of becoming debt free are extremely high when you are determined. The next step will be to get something doing that is cash yielding. This could be a job or a business which you run. Just make sure that every month, you can talk of an income at hand. With an activity that is yielding every month, start saving to pay off your debts.
Make sure that you are saving a significant amount. For this purpose, you can sacrifice a few of your extra spending for pleasure and other useless pending. If your job is not a highly rewarding one, you should pickup part-time cash yielding activities to boos your monthly earnings and savings. This will help you pay off all your debts in a lesser time. Once you are through with paying your debts, do not stop the saving process. Continue saving in order to secure your financial future. Save in order to make up for a reasonable amounts of money which you can invest and yield a significant profit. For precautionary reasons, never invest all your money as one can never accurately predict the outcome of a business venture. The best Bible verses about debt free will provide you with more financial knowledge.
Benefits of a Debt free life
There is much to benefit from a debt free life than we can unfold in our writing. You’ll enjoy more free income which we lead to an early retirement. With a debt free life, you’ll be able to maintain a good credit score which can be of a great importance in the future. A debt free life will allow you to significantly save for retirement. It will also ease saving for investment so as to maximize profit. With a debt free life, you’ll enjoy a less stressful life and peace of mind. You’ll also be able to assist others as this is pleasing to God. In the same light, you’ll be able to properly care for your offspring. Below are the Best Bible Verses About Debt Free:
Romans 13:8 – “Owe no one anything, except to love each other, for the one who loves another has fulfilled the law.”
Proverbs 22:7 – “The rich rules over the poor, and the borrower is the slave of the lender.“
Proverbs 10:22 – “The blessing of the Lord makes rich, and he adds no sorrow with it.”
Philippians 4:19 – “And my God will supply every need of yours according to his riches in glory in Christ Jesus.“
Proverbs 17:18 – “One who lacks sense gives a pledge and puts up security in the presence of his neighbor.”
Deuteronomy 8:10-18 – “And you shall eat and be full, and you shall bless the Lord your God for the good land he has given you. “Take care lest you forget the Lord your God by not keeping his commandments and his rules and his statutes, which I command you today, lest, when you have eaten and are full and have built good houses and live in them, and when your herds and flocks multiply and your silver and gold is multiplied and all that you have is multiplied, then your heart be lifted up, and you forget the Lord your God, who brought you out of the land of Egypt, out of the house of slavery.“
Psalms 37:21 – “The wicked borrows but does not pay back, but the righteous is generous and gives.“
1 Timothy 5:8 – “But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever.“
Proverbs 28:20 – “A faithful man will abound with blessings, but whoever hastens to be rich will not go unpunished.”
2 Corinthians 9:8 – “And God is able to make all grace abound to you, so that having all sufficiency in all things at all times, you may abound in every good work.”
Proverbs 22:26-27 – “Be not one of those who give pledges, who put up security for debts. If you have nothing with which to pay, why should your bed be taken from under you?“
Proverbs 3:27-28 – “Do not withhold good from those to whom it is due, when it is in your power to do it. Do not say to your neighbor, “Go, and come again, tomorrow I will give it”—when you have it with you.“
Proverbs 22:16 – “Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty.“
Proverbs 6:1-5 “My son, if you have put up security for your neighbor, have given your pledge for a stranger, if you are snared in the words of your mouth, caught in the words of your mouth, then do this, my son, and save yourself, for you have come into the hand of your neighbor: go, hasten, and plead urgently with your neighbor. Give your eyes no sleep and your eyelids no slumber; save yourself like a gazelle from the hand of the hunter, like a bird from the hand of the fowler.“
Deuteronomy 15:6 – “For the Lord your God will bless you, as he promised you, and you shall lend to many nations, but you shall not borrow, and you shall rule over many nations, but they shall not rule over you.“
Exodus 22:25 – “If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him.”
Proverbs 28:19 – “Whoever works his land will have plenty of bread, but he who follows worthless pursuits will have plenty of poverty.“
Deuteronomy 15:7 – “If among you, one of your brothers should become poor, in any of your towns within your land that the Lord your God is giving you, you shall not harden your heart or shut your hand against your poor brother, “
Psalms 15:5 – “Who does not put out his money at interest and does not take a bribe against the innocent. He who does these things shall never be moved.“
Proverbs 13:11 – “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.“
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