Borrowing and Lending

Bill Brinkworth

Many in the last three decades or more have developed a life-style of spending more than they can afford. Yes, I know that the economy is geared topeople living off their credit, and yes, I know “everyone is doing it.” No, I do not think it is the bank’s fault for lending us money that we cannot afford to pay back. We are responsible for our decision of making a loan. We alone are responsible for our spending and paying back what we borrowed.

In many cases, it may be necessary to borrow money to purchase a “need.” However, there is such a thing as “responsible borrowing and lending.” ¬†Here are a few biblical principles that, if heeded, may keep many from the financial failure that could easily happen to them if these principles are ignored:

 

Having a “little” may not be such a bad thing! Maybe the little that God has allowed you to have is enough for this time in your life.¬† Just because borrowing is a possibility for you, does not necessarily mean it is God’s will for your life at this time.
“A little that a righteous man hath is better than the riches of many wicked.” Psalm 37:16
“Better is little with the fear of the LORD than great treasure and trouble therewith.” Pro. 15:16
“But godliness with contentment is great gain.”
I Timothy 6:6
"Not that I speak in respect of want: for I have learned, in whatsoever state I am, therewith to be content." Phil. 4:11

This study was featured in The Bible View #243.

dftb 7/16

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