Biblical Wisdom On Debt

Biblical Wisdom On Debt

May 16, 20255 min read

Let's be honest - when most people think about biblical financial advice, their eyes glaze over faster than a donut at Krispy Kreme.

Stick with me here, because what I'm about to share might just change how you look at that stack of credit card statements sitting on your kitchen counter.

You see, I used to think those 29% APR credit card rates were just "the way things work." (Spoiler alert: they're not.) In fact, these rates would have made our biblical ancestors' jaws drop faster than when David took down Goliath.

Here's something that might surprise you: The Bible has more to say about money and debt than it does about heaven and hell combined. And when you understand what it actually says about lending and interest rates, you might get a little fired up about what these credit card companies are charging you. I know I did!

The Real Deal on Biblical Money Principles

Let me paint you a picture that might sound familiar. You're staring at a $20,000 credit card balance (ouch!), making those minimum $400 monthly payments like a champ. You're feeling pretty good about being responsible and paying your bills on time.

But here's the gut punch: After a full year of those payments - that's $4,800 out of your pocket - guess how much your balance has gone down? Less than a thousand dollars.

I'll give you a moment to let that sink in...You just threw nearly $5,000 at your debt, and you've barely made a dent.

If that makes you angry, good! It should.

Here’s what's really wild - this kind of lending practice (usury) would have been flat-out condemned in biblical times. (Ezekiel 22:12)

The Ancient Solution to Modern Money Problems

Now, I'm not suggesting we hop in a time machine and go back to biblical times (though avoiding those credit card bills sounds tempting, right?).

But the Bible had some pretty revolutionary ideas about debt forgiveness that would make today's bankers break out in a cold sweat.

Ever heard of the Year of Jubilee? Think of it as the ultimate debt reset button. Every 50 years, all debts were completely wiped clean. (Leviticus 25:8- 55)

Can you imagine your credit card company sending you a letter saying, "Hey, remember all that money you owe us? Forget about it!" Yeah, me neither.

But wait, there's more! Every seven years, they had something called the Sabbath Year. Another clean slate. (Deuteronomy 15:1-2)

While we may not have a Year of Jubilee today, these biblical principles reveal God's heart toward those struggling with debt. But what does this mean for those facing modern credit card debt.

Is Seeking Debt Relief Aligned with God's Word?

Let's look at what Jesus taught about debt and forgiveness. In Matthew 18:23-27, we find a powerful story about a king and his servant.

The servant owed an astronomical sum - 10,000 talents (that's roughly $6 billion in today's money!). When the servant couldn't pay, he begged for mercy.

The king's response? Total debt cancellation.

Now, your credit card debt might feel overwhelming, but it's nowhere near that amount. If Jesus used this example to teach about forgiveness, doesn't it suggest that debt relief can align with God's principles?

Think about this: When you're drowning in minimum payments and sky-high interest rates, who really benefits?

Those monthly payments aren't supporting local communities or feeding the hungry - they're filling the coffers of massive financial institutions.

What if you could redirect those resources? Imagine turning those interest payments into:

  • Supporting your local church

  • Helping families in need

  • Creating stability for your own family

  • Building an emergency fund to avoid future debt

  • Contributing to mission work

Remember, being a good steward doesn't mean endlessly feeding a system of perpetual debt. Sometimes, it means making wise choices that free up resources for God's kingdom.

After all, Jesus taught us to be 'wise as serpents and innocent as doves (Matthew 10:16).

Here's What This Means for You

Now, I know what you're thinking: "That's great and all, but my Visa bill is due next week, and Chase isn't exactly offering me a Jubilee Year."

Fair point! But here's the good news: You don't have to wait 50 years for your own personal Jubilee.

There are ways to break free from credit card debt that don't involve time travel or winning the lottery.

Kingdom Debt Solutions has helped others just like you:

  • Slash those ridiculous interest rates

  • Actually see your balances go DOWN each month

  • Get out of debt years faster than making minimum payments

  • Sleep better at night (seriously - it's amazing what peace of mind does for your REM cycles)

The Bottom Line
God's principles for handling money weren't just good ideas for ancient times - they're survival tools for today's credit-crazy world.

These biblical teachings about debt, interest, and financial freedom are just as relevant now as they were thousands of years ago.

And while we can't change the entire banking system overnight, we can help you break free from its grip on your financial future - using solutions that honor both your financial goals and your faith.

Ready for Your Own Financial Exodus?

Ready to break free from the burden of debt while staying true to your faith? Take the first step toward financial freedom today.

Let's talk and find out how Kingdom Debt Solutions can help guide you toward financial freedom.

Contact us today for your personalized debt relief consultation.

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