Featured Enough of Dave Ramsey I am turning to John MacArthur on a theology of finances!

If you are in debt you enslaved to your debtor. Period.

 

Pro_22:7 The rich rules over the poor, and the borrower is the slave of the lender.

 

ANY debt automatically makes you a slave to it.

To deny this is nonsensical.

 

So you thought you could teach a pastor what the Bible says about debt? Look we all have debt at some time. But the point is not to never have any debt. The point is not to intentionally carry debt in order to sustain a life style. Does this make sense?

 

From your link:

The Bible neither expressly forbids nor condones the borrowing of money. The wisdom of the Bible teaches us that it is usually not a good idea to go into debt. Debt essentially makes us a slave to the one who provides the loan. At the same time, in some situations going into debt is a “necessary evil.” As long as money is being handled wisely and the debt payments are manageable, a Christian can take on the burden of financial debt if it is absolutely necessary.

Going into debt to buy a house is one thing. Going into debt to buy the latest gizmo, gadget, gourmet meal or good book is an entirely different matter.

There's not much you can tell me about going into debt that I have not already experienced. As I said before, my wife and I were $16k in debt due to hospital bills before and we paid it all off without going into bankruptcy. It took cutting up all of our credit cards, a lot of hard work, long hours, blood, sweat and tears, but it did get done. Now we have excellent credit, but we rarely use it.

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Just stop. It has nothing to do with ego and I was not referencing anything I said. Do you know who it is that writes those articles for Got questions? Pastors they recruit. I used to write for them for a couple of years.

 

Very simple ....I will go back to old GreatGrandDad "Steve"......No dept Steve. Bought 100 Acres in Pennsylvania next to the mighty Susquehanna River & farmed it (used his family as the labor force) ....In the process, he killed his wife & son due to the toil & hard life... never went to a Doctor but dolled out muster plasters & whiskey with honey for whooping cough. Never had heat except fire, never had electricity but had kerosene lamps, worked from 4AM till whenever they got real tired & he took better care of the animals than himself & his kids & grandkids. Now there is a rugged American.....think you could emulate that?

 

Not sure what you are saying here. But it looks like you think if you do not live a lifestyle of debt you have to live like this. If that is the case it is a fallacy.

 

Dont leave it dangling....prove it out.

 

It is near impossible to buy a house without a mortgage. But it is not imposible to buy a car without a loan. And credit card debt is never necessary. Stay out our car loans and credit cards and apply that money to house payments and pay it off in 15 instead of 30.

 

"Most"churches are not carrying debt these days. "Most" churches are small rural churches. The young and enthusiastic buck doesn't know what he is talking about.