Learn how God warns us and helps us know about the potential problem of debt slavery. The personal debt problem needs to be understood and dealt with by so many today. Debunk this money myth with God's word. By Mike Smith

2. don’t let money/debt to control you!
• God warns us in Proverbs 22:7 about this debt
slavery.
– “The man of wealth has rule over the poor, and he
who gets into debt is a servant to his creditor”
(Prov. 22:7 BBE)
• We all need to examine the problems that
come from not listening to God about debt.
• Let us seek to be free from this slavery and
how to be wise stewards!

3. why do people get into so much debt?
• We must learn to control money/wealth
so that it does not control us.
• Problems:
– Lack of proper self-control
– Trusting in money, not God
– No patience to wait to “get things”
– Desire to be like others
– Not educated about finances

4. control your money, get out of debt
• Self-control will help deliver us from
debts’ clutches! 1 Corinthians 6:12
• What really delivers us is being righteous,
not riches! Prov. 11:4-6
• When we do what God tells us we can
become free from debt.
• By living by His truth… 2 Timothy 1:7
• Power = strength and ability
• Love= multi-faceted undying character
• Sound mind = proper control

5. trust Christ, not credit
• We must not trust in riches but in God!
1 Timothy 6:17
• Trusting in riches will fail you! Prov. 11:28
• “Credit” gives a false sense of security,
but delivers debt slavery.
– Some err from the faith by loving money
more than God. 1 Tim. 6:10
• One must use money but can’t serve both
it and God. Matthew 6:24

6. impatience brings too much debt
• Many folks get it now and pay too much
for it! (interest)
• You must have patience:
– Toward all… 1 Thes. 5:14
– With your faith… 2 Peter 1:6
– To bear fruit… Luke 8:15
– To make you complete… James 1:4
• Use delayed gratification, and save up for
it. Wasting money is not good!
Luke 15:13, 21

7. proper desire for things prevents debt
• If we guard against the undue want for
cares, riches, and pleasures of life.
Mark 4:19; Luke 21:34
• We must have unselfish motives.
James 4:1-3
• We must desire our proper daily portion…
Matthew 6:11; Eccl. 5:18-20
• You must work to obtain your goods.
Proverbs 12:24; 13:11; 21:5

8. a basic financial blueprint
• Avoid debt. Proverbs 3:27-28
• Seek counsel. Isaiah 33:6; Prov. 19:20-21
• Practice honesty. Prov. 11:1; 13:11
• Give generously. 1 Tim. 6:17-19; Prov.19:17
• Spend wisely. Prov. 21:20
• Work hard. Proverbs 6:6-8; 13:11; 14:23
• Save consistently. Prov.30:25; Gen. 41:33-ff
• Train your children. Eph. 6:4; Prov. 22

9. BECOME RICH SPIRITUALLY!
2 Cor. 8:9
• You can get this in Christ. Eph. 1:3; Col. 2:3
• Be saved today by:
– Hearing and believing the gospel… Romans
1:16-17; 1 Cor. 15:3-4
– Repenting of your sin… Luke 13:3
– Confessing Christ… Acts 8:37
– Be baptized to wash away your sins... Acts
22:16; and be saved. 1 Peter 3:21