Walking in God’s Favor: Owe no man anything, but to love one another: for he that loveth another hath fulfilled the law. Roman 13:8 KJV
We believe overcoming financial bondage is one of the greatest struggles you will face in seeking financial freedom. Many of you only dream of saving money. Remember, a dream without a plan is only a hallucination.
In many instances you do not experience financial health because you are trying to borrow yourselves into wealth. You want to look rich to cover your raggedness. You desire to appear prosperous to hide your poverty. You feel that wealth can heal your wounds.
Many of you do not see anything wrong with living in debt. The more you can borrow the better. We didn’t either at first; just like the story of the frog. We’re told if you put a frog in a pot of water on a stove with no lid, and gradually turn up the heat, the frog will remain in the pot of water until it is cooked alive, even though the frog has the ability to easily jump out of the pot at anytime.
Initially we felt debt was a needed for emergencies; just a financial tool. It allowed us to obtain things we felt we needed now and we could pay for it later….WOW! That sounded like a good deal… Just like when the serpent lied to Eve in the Garden of Eden. He told Eve if she ate of the tree of good and evil she would not “surely die”. Listen to us people, if you play with snakes you will get bitten.
Debt has been successfully marketed by banks and financial institutions in the United States as your pathway to prosperity. As a result, many of you have found yourselves in financial bondage with little or no hope of ever experiencing financial freedom again.
If you are in bondage because of debt, your first step into financial freedom is to admit your finances are out of control. If you continue to live in denial, you won’t seek help and you won’t break free. The Bible says that “the borrower is slave to the lender”. Ask God, in prayer, for the power to break free of debt. With God, and a made up mind, you can experience financial freedom.
You are welcome to visit our Family Finances Class at Life University Wednesday July 24th at 7PM http://www.firstsdachurch.com we will give you the blueprint for how our family personally learned to live debt-free.
A Prayer of Blessing: O Mighty God, give us the mind to overcome debt.
Michael Vance is a senior account executive with Hundley Batts & Associates and the co-founder of stewardshipofwealth.com. Ardella Vance is a gifted educator and a Master Guide in the Pathfinders Club, a global organization empowered to teach life and leadership skills to young people. The Vance’s have been married well over 25 years and share their lives with four adult children and five grandchildren. They currently reside in Huntsville, Alabama and blog weekly from their financial workbook ” The Stewardship of Wealth“.