1645 - Sabbath School - 28.Jan Sat

Read for This Week’s Study: Deut. 28:1, 2, 12; Matt. 6:24;

1 John 2:15; Prov. 22:7; Prov. 6:1–5; Deut. 15:1–5.

Memory Text: “The rich rules over the poor, and the borrower is

servant to the lender” (Proverbs 22:7, NKJV).

One definition of debt is “living today on what you expect to

earn in the future.” Today debt seems to be a way of life, but it

should not be the norm for Christians. The Bible discourages

debt. In the Scriptures there are at least 26 references to debt, and all

are negative. The Bible does not say that it is a sin to borrow money,

but it does talk about the often-bad consequences of doing so. When

considering financial obligations, Paul counseled: “Render therefore to

all their due: taxes to whom taxes are due, customs to whom customs,

fear to whom fear, honor to whom honor. Owe no one anything except

to love one another” (Rom. 13:7, 8, NKJV).

Why is debt an almost international scourge at every level—­

personal, corporate, and government? Every society has always had

at least a small percentage who were in debt. But today a much larger

portion of the people are in debt, and it’s almost never to their benefit.

This week we will consider the reasons for debt and how to deal with

it. You may be debt-free, but you can share this valuable information

with family and friends who could benefit from it.