Proverbs 11:15
"He that is surety (collateral or like a co-signer) for a stranger shall smart for it: and he that hateth suretiship is sure."
This is a tough lesson Luke & I are learning right now. In our nightly devotion last week this was the verse. The way they explained it was so concise & clear-I thought I should share it with every one so those who may wonder what we're doing & thinking might understand better.
"Credit is necessary in order to live in this day & age, but credit is a tool. It is to be used, not abused. To purchase beyond our means is to steal. We are not entitled to something for nothing. It is much better to buy that which we can pay for. Debt is a trap. We can be swept in before we know what is happening.
Only God should control our lives. Certainly, we should not sell ourselves into bondage to material possessions. Being debt free makes us able to follow God and all His commandments. When we fall into debt, we must turn our attentions from God to the almighty dollar. When we are solvent, we are free to focus our attentions solely on God."
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