wisdom in borrowing
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Wisdom in Borrowing. Proverbs 22: 7 (NLT). ‘Just as the rich rule the poor, so the borrower is servant to the lender.’ . Kingdom truth:. Truth. Freedom to serve. Partner with the Spirit of Wisdom. Value:. Godly wisdom. The wiser you are with money, the freer you will be in life. - PowerPoint PPT PresentationTRANSCRIPT
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Wisdom in Borrowing
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‘Just as the rich rule the poor, so the borrower is servant to the lender.’
Proverbs 22:7 (NLT)
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Kingdom truth:Truth Freedom to serve
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Partner with the Spirit of Wisdom
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Value:Godly wisdom
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The wiser you are with money,
the freer you will be in life.
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Wise debt versus Unwise debt Property Study loan Start-up
finance
Clothing Cars Furniture Appliances Luxury items Flashy lifestyle
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‘If any of you lacks wisdom, you should ask
God, who gives generously to all without
finding fault, and it will be given to you.’
James 1:5 (NIV)
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Behaviour:Borrowing
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5 patterns of behaviour
Honesty in earning or workResponsibility in spending Wisdom in borrowingSelf-control in saving Generosity in giving
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Debt danger signs Borrowing money for daily needs Using credit cards to settle debt Debt to support identity and image Borrowing at high interest rates
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‘Let no debt remain outstanding, except the
continuing debt to love one another, for whoever loves others has fulfilled the law.’
Romans 13:8 (NIV)
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