As Americans we are the most marketed to society in history. One of the items we are sold intensely is debt. We are told that using OPM (other peoples money) to get is ahead is smart. We are not told about the increased risk involved in going into debt. We cannot predict the future and do not know that we will be able to repay the loans in the future. Debt is not a tool to help us get ahead. It is a trap for us to be caught in. Our grandparents thought debt was a sin. We borrow, using credit cards, to buy groceries!
Human nature is to want it now. Delaying pleasure is an example of maturity. Debt has become a huge problem for Americans. The Federal Reserve states that we have $876.2 billion in revolving credit. If you add in mortgages and medical bills, then we surpass the National Debt (~$11 trillion). Debt has become normal, don’t be normal. Aggressively, systematically eliminate debt.
Proverbs said the borrower is slave to the lender. We, as Christians, are to only serve one master, Jesus Christ. We cannot serve both. Your first step is to commit to no more borrowing. Imagine life with no payments!

The wicked borrow and do not repay, but the righteous give generously.
Psalm 37:21

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

Let no debt remain outstanding, except the continuing debt to love one another, for he who loves his fellowman has fulfilled the law.
Romans 13:8


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