Biblical Answer

The Point of Living in Debt

Living in debt can be overwhelming and create anxiety, especially when it seems like there is no way out. The Bible teaches us that God is our loving Father who will never leave or forsake us (Deuteronomy 31:6, Hebrews 13:5). However, our financial choices can create obstacles to experiencing this kind of relationship with God. When we accumulate debt, it can lead to feelings of shame, guilt, and anxiety, which can distract us from our relationship with God and hinder our spiritual growth.

The Consequences of Debt

According to the Bible, debt can have serious consequences. In Proverbs 22:7, it is written, "The rich rule over the poor, and the borrower is slave to the lender." This verse highlights the reality that debt can lead to a loss of freedom and autonomy. When we are in debt, we are not free to make choices about how we use our resources, but rather are beholden to our creditors. This can lead to feelings of frustration, resentment, and even anger. Furthermore, debt can also lead to financial instability, which can have a ripple effect on our relationships, our health, and our overall well-being.

The Hope of Forgiveness

However, the Bible also teaches us that we are forgiven for our sins and our debt against God through Jesus Christ (Matthew 18:21-22). This forgiveness is not just for our past mistakes, but also for our ongoing struggles with debt. Through Jesus, we can experience freedom from the burden of debt and find peace in our relationship with God. This freedom is not just about financial freedom, but also about spiritual freedom. When we are free from debt, we are free to pursue our relationship with God without the distraction of financial worries. We can live a life that is centered on God's love and forgiveness, rather than our financial struggles. As the Bible says, "There is no condemnation for those who are in Christ Jesus" (Romans 8:1). This means that we can experience freedom from debt and live a life that is full of hope and joy in Christ.