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Financial Freedom: # 3. Stay Away From Debt
Stay away from debt is the important way to financial freedom. God is very much concern to His people in getting out of debt. In order to get out of debt, you must know God's will on the subject. Therefore, let us first of all establish that IT IS GOD'S WILL FOR YOU TO BE OUT OF DEBT. It may help you to see clearly that it is God's will for you to be out of debt. One reason God wants you out of debt is to get financial pressure off to you.
If you look at the lives of many people who died broke you'll shocked to discover that many of them once lived lives of affluence and prosperity. What caused them to tumble down the ladder of opportunity? The answer is simple: they spent more than what they earned, and they fell into debt. Another reason God wants you out of debt is because financial pressure can choke the Word of God in your heart. The cares of this world will choke the Word! Financial pressure due to indebtedness is a care of this world. Folks, the less pressure you have on yourself, the easier it is for you to believe God and take Him at His Word. The easier for you to exercise faith. The easier it is for the seed of the Word of God to take root in your heart and grow. However, there will still be times when you need to borrow money in order to fulfill your dream. For instance, you may have to avail of a bank loan if you want to set up a small business. Or, you may need a credit line when that business starts to pick up and you're thinking of expanding. The point, however, is to stay out of debt as much as possible (which means a small amount in many cases) and spending within your means or within an allotted budget. Remember, debt forces others to spend and live in a certain way that's most likely uncomfortable. And, when you're in debt your choices are no longer your own. Debt Reduction Tips
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