During the next several weeks, I will, Lord willing, be posting
a series about debt.
Why
write on debt? Ultimately, to seek to advance the Kingdom of God,
which brings glory to God and joy to mankind.
Here
are some specific reasons:
- To encourage those who desire to avoid debt. I believe that with the Lord's blessing, Bible-based brainstorming and perseverance can result in tremendous blessings.
- To challenge these assumptions:
- Debt is good. Many Christians don't seem to give a second thought to taking out loans for cars, houses, or even clothes. In fact, loans seem to be prized; they are frequently sought as if they were the key to a good life. Is this biblical? It is not.
- Debt is normally a necessity. I've heard Christian leaders say that loans should generally be avoided, but this is usually caveated with, "except for a house" or something similar, as if it's impossible to live debt-free.
Should
debt always be avoided? Could
there be good debt? Is it a sin to be in debt? How could someone pay
for cars, a house, and more without a loan? These are some of the
questions I will examine in this series.
Before
diving into specifics, some principles must be set down. Usually,
once a clear principle is known, specific applications or questions
are obvious or easier to resolve. At the very least, what to aim for
becomes clear. Because of this, the first few parts of this series
will be more general in nature. Only then, will some of the wonderful
strategies on how to live free be examined.
Edit: This series is meant primarily for believers, those who have had their eternal debts paid. If you are not a believer, I encourage you to read https://www.livingwaters.com/are-you-a-good-person/? or other Christian resources.
Edit: This series is meant primarily for believers, those who have had their eternal debts paid. If you are not a believer, I encourage you to read https://www.livingwaters.com/are-you-a-good-person/? or other Christian resources.
Please
feel free to comment. Remarks, questions, ideas, and constructive
criticism are all welcome.
Index of posts (updated as new ones are published):
- God's Word on Debt
- Blessings of Avoiding Debt
- Avoiding Debt is a Mindset (and a Blessing from God)
- Modern Bank Loans: Pure Evil
- How to Fund Purchases without a Credit Card
- How to Buy a Vehicle with Cash
- Secondary Education (e.g., College) without Debt
- What about Emergency Loans?
- Debt-Free Investing + A Caveat about Short-Term Loans
- How to Run a Country Without Debt:
- 20+ Housing Options, Mortgage Evaded.
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