Several weeks ago, I attended service at my church. The message was titled Debt Reduction. Our Lead Pastor, was absent that day due to a family situation, but he had someone fill in for him (he did a good job by the way). Nevertheless, the message essentially dealt with reducing financial debt. However, as I sat there, I zoned out and the following question came to my mind: What kind of debt am I in? I want to share with you some of the key points that came from the sermon:

– Theme Verse: Matthew 6:21 – For where your treasure is, there your heart will be also

– Debt will directly affect our willingness to be obedient to God in our finances

– Debt Defined: Spending money we don’t have on things we don’t need

– Symptoms of Financial Slavery:

– Using debt for daily expenses

– Moving $ around to pay for stuff

– Not knowing how much you owe

– Using credit cards to pay off bills

– Always borrowing money

– Calls and letters coming from creditors

– Don’t tithe or give because of debt

– Fighting in marriage about finances

– Proverbs 22:7 – The rich rules over the poor, and the borrower is the slave of the lender

– Guidelines for Permissible debt:

1. An asset with the potential to increase in value and produce income

2. The value is equal to or greater than the value owed against it

3. No strain during hardship.

When I look at the definition of debt and reflect on these notes, I wonder about the “debt” we experience in our lives. For some people debt could be money, but it could also be relationships, friendships, addictions, careers, etc. As you read above, replace the financial aspect with any of these topics. Ask yourself: what kind of debt am I dealing with? The psychological effects of being in financial debt are the same for all “debts.” The effects include: depression, anxiety, resentment, denial, stress, anger, frustration, regret, embarrassment, shame, fear, low self-esteem. Have you experience any of these emotions while dealing with some type of “debt?”

Getting out of debt demands changes to be made. It may be a change in your perspective and thinking or it may require an action for you take. It takes discipline, dedication, and focus to get out of debt. In order to be disciplined, you have to follow the rules and procedures that govern getting out of debt. You will need to be dedicated to getting out of debt by being committed and devoted to eliminating debt in your life. Also, this debt release includes becoming proactive in preventing debt from reoccurring. Lastly, focus on the main purpose – why do you need to get out of “debt?”

Do not be a slave to the “debt” in your life. Eliminate the ball and chain that slows you down in life, takes away your joy and happiness, robs you of your health and peace, and steals your identity. Some people can get out of debt by addressing it head on…some may have to file for “bankruptcy.” Take action on your life.

#mytruth

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