Here's an email update we recently received from Zane Anderson Ministries. I believe Pastor Zane is hitting on a subject that touches every household in America- that being the way we view DEBT and the way DEBT is controlling us...I firmly believe that if Americans were to embrace financial principles on a biblically based level a lot of families would begin to see rays of hope streaming back into their lives. And for all of us that trade commodity futures this holds immense value too- so please read on! Scott

Debt is NOT a way of Life!

The rich rule over the poor, and the borrower is servant to the lender.
Proverbs 22:7 NASB

Our generation has been seduced by a spirit of mammon that manipulates our attitudes and beliefs about money. Debt is not a way of life. Our culture says whatever it is that you want, you've got to have it now! Credit card companies won't tell you that you could have ten of those things you bought for the price you paid on credit for one. If you have a credit card with a $10,000 balance, which happens be what the average American has these days, and you're paying the minimum, in most cases you'll never get it paid off. For one reason, what you pay off, you add back on to the card.

I know people who put a second mortgage on their home so they can have a nice vacation or a new car. It's time to break the mindset that comes with an inability for delayed gratification.

Proverbs 22:7 says if you owe, then your debtor owns you. You become a slave to your debt. We need to learn to restrain ourselves financially. We're so busy keeping up with the Joneses that we don't realize that the Joneses don't even like us. So what does it matter what they think anyway? If we don't have the money in the bank, don't spend it! It's really that simple.

If you have debt and want out, ask God to help you control your spending. Get some wisdom from an organization like Dave Ramsey's Financial Peace. Take steps to day to have a financial future.


(c)2010 Zane Anderson Ministries. This devotional was taken from an excerpt of "Got to have a plan, man" February 28, 2010. To purchase this sermon contact us at media@vwcaz.org. You can listen to this sermon here. All rights reserved.