What Does God Say About Debt

What Does God Say About Debt?

Debt has become an integral part of our modern society. From mortgages to credit cards, many people find themselves burdened by the weight of financial obligations. However, have you ever wondered what God’s perspective is on the matter? Does the Bible offer any guidance or wisdom on how we should handle debt? In this article, we will explore what God says about debt and how we can apply these teachings to our lives.

The Bible is clear in its stance on debt – it warns against it. Proverbs 22:7 states, “The rich rule over the poor, and the borrower is slave to the lender.” This verse highlights the potential dangers of debt, emphasizing the power it holds over individuals. God does not want us to be enslaved to anyone or anything, including financial obligations. By taking on debt, we risk losing our financial freedom and becoming trapped in a cycle of borrowing.

Another verse that addresses debt is Romans 13:8, which states, “Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.” Here, the focus shifts to the importance of love and fulfilling our responsibilities towards others. God wants us to prioritize our relationships and obligations above material wealth. By avoiding debt, we can better focus on serving and loving others, thus fulfilling God’s commandments.

Furthermore, the Bible encourages us to be content with what we have. Hebrews 13:5 advises, “Keep your lives free from the love of money and be content with what you have, because God has said, ‘Never will I leave you; never will I forsake you.'” This verse reminds us that our ultimate security and provision come from God, not from material possessions or financial security. Rather than seeking wealth and accumulating debt, we should strive to find contentment in God’s presence and trust in His provision.

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So, how can we practically apply these teachings to our lives? Here are a few practical steps:

1. Budgeting: Create a detailed budget that reflects your income, expenses, and financial goals. By managing your finances wisely, you can avoid unnecessary debt and make informed decisions about your spending.

2. Emergency Fund: Establish an emergency fund to prepare for unexpected expenses. By having a financial safety net, you can avoid relying on debt in times of crisis.

3. Avoid Impulsive Purchases: Practice self-control and avoid impulsive spending. Consider the long-term consequences of your purchases and prioritize your needs over wants.

4. Seek Wise Counsel: Consult with trusted financial advisors or mentors who can provide guidance on managing your finances and avoiding debt.


1. Is it a sin to have debt?

While debt itself is not inherently a sin, the Bible warns against the potential dangers and enslavement that come with it. It is wise to avoid unnecessary debt and seek financial freedom.

2. Can Christians borrow money?

Christians can borrow money, but it is important to do so responsibly and with a clear plan for repayment. Avoid excessive borrowing and ensure that your financial obligations do not hinder your ability to fulfill other responsibilities.

3. What if I am already in debt?

If you find yourself in debt, it is never too late to start taking steps towards financial freedom. Seek help from financial advisors, create a repayment plan, and make wise decisions to reduce your debt over time.

4. Can I lend money to others?

Lending money can be an act of kindness and generosity, but it is important to do so with wisdom and discernment. Consider the person’s ability to repay and the potential impact on your own financial well-being.

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In conclusion, the Bible advises us to be cautious when it comes to debt. God wants us to prioritize relationships, be content with what we have, and avoid becoming enslaved to financial obligations. By following biblical principles and practicing wise financial management, we can find freedom from debt and experience the peace and provision that God intends for us.