Proverbs 22:7 says, “The rich rule over the poor and the borrower is slave to the lender”. Of course, most of us need loans, and there are good loans, but unnecessary debt makes us slaves to the lender. This week, Bernie and Mike discuss Biblical principles of debt and offer practical advice on debt management.
If we’re honest with ourselves, I think we are all guilty of this. Especially with social media, how many of us compare where we are financially with where we see others are on our newsfeeds? The comparison trap starts at an early age and we may expect to start off our adult lives with where our parents left off. Only to realize later that the house we grew up in took our parents 30+ years to achieve.