I shouldn’t have to write a third part to this series, but I live in 21st Century America. Spirituality and money are deeply and inseparably intertwined; how you earn money; how you give money; and one more, how you store money. The Money Equation: Money Earned = Money Stored + Money Spent Money Stored can be a negative quantity, debt. What is your relationship with debt? Do you believe what God has to say on the subject? God says debt is part of the curse. God says the ability to lend money to others is part of the blessing. God tells us that, “The borrower is slave to the lender.” Everything in this world (including your own flesh) is telling you a different story. The world wants you to be a debt slave. Our national debt is approaching $18.0 Trillion, guaranteeing that all of us, our children, and our grandchildren will be debt slaves. Personal debt carried by individuals is closing in on $16.7 Trillion. $1.3 Trillion of that number is student debt. Our young people are beginning their adult lives carrying a serious debt load. The Government, corporations, and our own lusts encourage us to buy houses, cars, techno-toys, and clothing we can not afford. “Mastercard, I’m bored.” The Keynesian theory of economics espoused by the Federal Reserve Bank is printing money overtime.
It is better that you should not vow than that you should vow and not pay.
The wicked borrow and do not repay, but the righteous give generously;
Fortunately I live in America. Most loans (with the notable exception of student loans) can be discharged in bankruptcy court. In biblical times you and your children could be sold as a slave to repay your loans.
God also has advice for those who are fortunate enough to be in a position to loan money to others. This subject is covered in the Old and New Testament.
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.
And if you lend to those from whom you expect to receive, what credit is that to you? Even sinners lend to sinners, to get back the same amount. But love your enemies, and do good, and lend, expecting nothing in return, and your reward will be great, and you will be sons of the Most High, for he is kind to the ungrateful and the evil.
I find it interesting that both sides of the money equation are covered in exhaustive detail in the pages of Scripture. Money is spiritual. How we handle it is a measure of our faith. How we relate to money is reflection of what is in our hearts.