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)