Does God want us to be debt-free?

God gives us principles to follow in His Word that will release His favor and blessing on our finances. Remember – God wants you to be debt-free. That is His will for you. And, when you pray in His will, it is His pleasure to answer your requests (John 15:7).
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What does God say about being in debt?

Rather be open-handed and freely lend him whatever he needs. Be careful not to harbor this wicked thought: “The seventh year, the year for canceling debts, is near, so that you show ill toward your needy brother and give him nothing. He may then appeal to the LORD against you, and you will be found guilty of sin.
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Is it a sin to have debt?

No, there is not a law or command in the Bible to be out of debt, but it is a good principle to live by. Like you, most Christians probably know that it is best to live debt-free.
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Does God want you to be in debt?

We Cannot Serve God and Money

Think about it: When you have debt, are living paycheck to paycheck, or don't know how you're going to pay next month's electric bill, money becomes your idol. When you're in debt, it consumes your life. God does not want us to be careless with our money.
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What does the Bible say about debt relief?

At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the Lord's release.
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Can God cancel debts?

1. God provides the finances. God can supernaturally cancel debts by providing the finances as we can read from 2 Kings 4:1-7. It is all about the story of a prophet's widow whose two sons were about to be taken into slavery because of her husband's debts.
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Does the Bible say to Live debt Free?

Although you won't find the word 'bankruptcy' in the Bible, God does address the issue of debt relief throughout scripture. However, the passage many refer to regarding debt forgiveness is Deuteronomy 15:1-2. With this verse, God allows for debt forgiveness every 7 years.
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How do Christians deal with debt?

10 Steps to Getting Out of Debt – The Christian Way
  1. Pray. ...
  2. Establish a written budget. ...
  3. List all your possessions. ...
  4. List all your liabilities. ...
  5. Create a debt repayment schedule for each creditor. ...
  6. Consider earning additional income. ...
  7. Accumulate no new debt! ...
  8. Be content with what you have.
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What does God say about paying your bills?

Ecclesiastes 5:4

4 When thou vowest a vow unto God, defer not to pay it; for he hath no pleasure in fools: pay that which thou hast vowed.
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Should I tithe if I have debt?

Should I tithe while trying to pay off debt? Even if you're in debt or walking through a rough financial season, tithing should still be a priority. Yep—you read that right. While it's tempting to throw that money at your debt, the discipline and faith that tithing brings are so worth it.
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What did Jesus said about money?

Jesus said our Money is a Test.

If you visit Luke 16:11, you'll learn that if you can't manage worldly wealth, there's no reason for Christ to actually trust you with true riches. If you visit the Parable of the Talents, you'll be able to see it in black and white as well.
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What does the Bible say about taking out loans?

The psalmist David wrote, “The wicked borrow and do not repay” (Psalm 37:21, NIV). The Apostle Paul wrote in Romans 13:8, “Pay all your debts except the debt of love for others— never finish paying that!” (TLB).
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What does God say about finances?

“Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy” (1 Timothy 6:17). If riches could bring happiness, then the wealthy of the earth ought to be the most content.
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Where in the Bible does it say I will lend and not borrow?

if only you fully obey the LORD your God and are careful to follow all these commands I am giving you today. For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.
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How do I pray for money to pay bills?

God, I need finances right now, so I'm crying out to you. I need income to pay my bills, buy food, pay debts, and for the other things I need. I'm asking you, Lord, to provide and take care of me.
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Is money the root of all evil?

Origin: This saying is a misquotation from the Bible (Timothy 6:10): "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows."
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What does the Bible say about debt KJV?

Romans 13:7-8

7 Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour. 8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.
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What does the Bible say about financial freedom?

Finding financial freedom must include financial generosity. This is less about God needing our money – remember of course it all comes from Him anyway – but it is about what that generosity means for our hearts. In Matthew 6:21, we read “For where your treasure is, there your heart will be also.” (NIV).
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What does the Bible say about not being able to pay your bills?

Bible Verses About Debt

Romans 13:8 Let no debt remain outstanding except the continuing debt to love on another.. Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Psalm 37:21 The wicked borrows and does not repay, But the righteous shows mercy and gives.
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Does God care about my finances?

The Bible warns us against the temptation to hoard our wealth, but instead encourages us to be “rich toward God” (Luke 12:21 NIV). This means that we use everything in our life (including our money) to honor God.
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Is investing biblical?

The NIV version of 1 Corinthians 10:31 instructs us “whatever you do, do it all for the glory of God.” Christian investors are called to make productive use of the resources entrusted to us. The act of investing is one way in which someone can be “salt and light” with their monetary resources (Matthew 5:13-16).
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What does the Bible say about being rich?

Finally, 1 Timothy 6:17-18 offers divine instructions for the wealthy among us. The passage reads: “Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.
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What does God promise when you tithe?

The Lord has commanded us to pay tithing. In return, He promises to “open … the windows of heaven, and pour … out a blessing, that there shall not be room enough to receive it” (Malachi 3:10). His blessings, however, come in His own way and in His own time and can be spiritual or temporal.
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Is tithing a commandment?

Tithing is a commandment of God

The Bible teaches us that God has always commanded His children to pay tithes. Abraham offered tithes (see Genesis 14:20). Tithing was a law for the children of Israel (see Numbers 18:21–28).
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