Biblical Answer

Breaking Free from Debt

To get out of debt without losing your home, car, credit score, and sense of security, you must take a comprehensive approach. First, Address Your Past by facing your financial mistakes and making a list of your debts. Then, Break Some Habits by changing your spending habits and creating a budget that prioritizes your family's needs over your wants. Set Some Standards by setting financial goals and tracking your progress.

Canceling Debt and Forgive Others

Canceling debt requires a willingness to confront and forgive those who have wronged you. This includes forgiving yourself for past financial mistakes. As Jesus taught, "Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions" (Luke 12:15). Canceling debt also means forgiving others who have taken advantage of you. This may involve writing a letter or making amends in some way. By canceling debt and forgiving others, you can break free from the cycle of debt and shame.

Creating a Debt-Free Future

To create a debt-free future, you must Go (back) to church and focus on building a relationship with God. As the Bible teaches, "Render all due obedience to the civil authorities. They in their way are servants of God" (Romans 13:1). By following God's principles and living a life of love and forgiveness, you can overcome debt and build a secure financial future. Remember, "The best thing to do is cancel them. The truth is, nothing can make up for the past" (Deuteronomy 32:43). By canceling debt and forgiving others, you can create a debt-free future and live a life of peace and security.