Christian Debt Management- Lessons From The Bible
There is so much wisdom to be found in the Bible to guide us to successful Christian debt management. The Bible has a few different passages that cover debt and general finances. In 1 Timothy 6:10, Paul says “The love of money is the root of all evil.” For this reason, Jesus says Christians should not be overly concerned with money. A Biblical budget is an honest budget, which also teaches us to be content with what we have (Hebrews 13:5).
These two principles— not worshiping money and being content with what we have—are excellent foundations for Christian personal finance.
The Bible teaches that a faithful Christian’s primary focus should be on God and the things of God, not money or material things. Matthew 6:33 says “But seek first his kingdom and his righteousness, and all these things will be given to you as well.”
Christian debt management means being wise with our personal finances. God entrusted us with money so we can be good stewards, give it to others and further the kingdom of God. It’s important that we honor our blessings by not placing our faith in money, but storing our treasures in heaven.
Practicing Biblical Budgeting for Christian Debt Management
It is also important as Christians to be content with what we currently have. Hebrews 13:5 says “Keep your lives free from the love of money and be content with what you have.”
And lastly, Paul said for us to view money through a Biblical lens, he told Timothy in 1 Timothy 6:17-19 , that it was good and profitable if people put their hope in God and store up treasures in heaven that cannot be corrupted by moths or rust. He goes on to say that our worldly treasures will quickly perish and decay when compared to the imperishable riches in heaven. Also, Paul told Timothy not to be concerned for those things that would not allow him to lead a godly life and instead encourages him to trust God who gives us everything we need.
Whenever we need guidance on Christian finance and Christian debt management, we certainly do not need to look very far.