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Wisdom in Borrowing. Proverbs 22: 7 (NLT). ‘Just as the rich rule the poor, so the borrower is servant to the lender.’ . Kingdom truth:. Truth. Freedom to serve. Partner with the Spirit of Wisdom. Value:. Godly wisdom. The wiser you are with money, the freer you will be in life. - PowerPoint PPT Presentation
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Wisdom in Borrowing
‘Just as the rich rule the poor, so the borrower is servant to the lender.’
Proverbs 22:7 (NLT)
Kingdom truth:Truth Freedom to serve
Partner with the Spirit of Wisdom
Value:Godly wisdom
The wiser you are with money,
the freer you will be in life.
Wise debt versus Unwise debt Property Study loan Start-up
finance
Clothing Cars Furniture Appliances Luxury items Flashy lifestyle
‘If any of you lacks wisdom, you should ask
God, who gives generously to all without
finding fault, and it will be given to you.’
James 1:5 (NIV)
Behaviour:Borrowing
5 patterns of behaviour
Honesty in earning or workResponsibility in spending Wisdom in borrowingSelf-control in saving Generosity in giving
Debt danger signs Borrowing money for daily needs Using credit cards to settle debt Debt to support identity and image Borrowing at high interest rates
‘Let no debt remain outstanding, except the
continuing debt to love one another, for whoever loves others has fulfilled the law.’
Romans 13:8 (NIV)