The Sermons on the Amount, Part 4 - The Devastation of Debt

MESSAGE SUMMARY:

This Sermon series assembles important Biblical references to all aspects of money and finances and their influence and impact on us; therefore, helping us to apply these Scriptures to our lives today. The reason for this series is because money and possessions have captivated our culture; and the Bible gives us specific instructions regarding how we should handle money.

Debt is the obligation to pay back what is owed, while being in bondage to another person. Additionally, being in debt means we are presumptuous about the future, as we are told in James 4:13-14: “Come now, you who say, “Today or tomorrow we will go into such and such a town and spend a year there and trade and make a profit”— yet you do not know what tomorrow will bring. What is your life? For you are a mist that appears for a little time and then vanishes.".

The effects of debt on our lives include: 1) producing bondage to creditors; 2) causing us to evade self-examination; 3) interfering with God’s provision; 4) damaging to God’s reputation; 5) promoting impulse buying; 6) promoting impulse spending; and 7) stealing our resources through high interest payments.

Suggestions for dealing with the effects of personal debt on you and your families: 1) start where you are and intentionally get out of debt – a purpose in your heart as a priority; 2) it is OK to ask for help; 3) live within your means; 4) pay with cash or a debit card and stop using credit cards; 5) begin to save as much as you can; and 6) ask God to help you – pray daily for God’s guidance and wisdom. Get out of debt and don’t be a slave to debt. As Jesus tells you in Matthew 7:26-27: “And everyone who hears these words of mine and does not do them will be like a foolish man who built his house on the sand. And the rain fell, and the floods came, and the winds blew and beat against that house, and it fell, and great was the fall of it.”.

God is a faithful; pray for His help guidance in your debt and financial situation before it is too late.

TODAY’S PRAYER: Keeping the Sabbath, Lord, will require a lot of changes in the way I am living life. Teach me, Lord, how to take the next step with this in a way that fits my unique personality and situation. Help me to trust you with all that will remain unfinished and to enjoy my humble place in your very large world. In Jesus’ name, amen. Scazzero, Peter. Emotionally Healthy Spirituality Day by Day (p. 129). Zondervan. Kindle Edition.

TODAY’S AFFIRMATION: Today, I affirm that because of what God has done for me in His Son, Jesus, I AM A CHILD OF GOD. Yet to all who received Him, to those who believed in His Name, He gave the right to become children of God-- children born not of natural descent, nor of human decision or a husband's will, but born of God. John 1:12f

SCRIPTURE REFERENCE (ESV): Matthew 7:24-27; Proverbs 22:7; Deuteronomy 15:6; Proverbs 27:1; James 4:13-14; Philippians 4:19. (Click the Bible References, in blue, below to read the full Bible text for these Scripture References.).

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