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Weekly Bible Verse – Avoiding Debt and Giving Generously
The wicked borrow and do not repay, but the righteous give generously. Psalm 37:21 (NIV)
Here is a nice, simple, straightforward verse for this week. That being said, it is still something quite timely to remember in this day and age of credit defaults, short sales, foreclosures, layoffs, companies going out of business, and the like.
Obviously, not paying back money that you borrowed is a problem. Taking out a loan is making an agreement to give back the money that you received plus some interest in most circumstances (if you did not realize that, you really should have read all the fine print on that document you signed!). So, most of us would agree that the proper thing to do is to repay that borrowed money. Simple…easy…
If you look at the entire verse, however, you see an interesting juxtaposition of two not directly related truths. Notice that the wicked borrow money and do not repay it. So you might expect the remainder of the verse to mention how the righteous do repay borrowed money, but in fact it says nothing about the righteous borrowing money at all. Instead it states that the righteous give generously. You can take this verse and go a lot of different places with it possibly leading to some interesting arguments discussions (but I’ll leave that up to your imagination).
I think a straightforward (possibly non-controversial) interpretation is that the righteous person simply does not get caught up in debt. And by not being in debt and by not having to hinder his/her cash flow by paying back money and wasted interest, he/she is able to generously give money instead. So in summary (purely my own interpretation, of course), don’t borrow money (but if you do, pay it back), spend wisely and buy only what you can afford when you can afford it and save up your money (in other words, be a good steward of it). Then you can give generously to God honoring organizations and those in need.
God bless and have a great week…
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4 Responses to “Weekly Bible Verse – Avoiding Debt and Giving Generously”
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Very interesting post. I really like it. Being a person who strongly believes in God I have gained much from this post.
Thanks a lot blogger for such a nice and informative blogging about how to avoid debt . I appreciate it .
http://letterdash.com/saver/Guidelines-on-How-to-Avoid-Debts
I agree with Toby. People who believe in God will find this story very informative. Thanks to the author.
I believe in God and it helps me throughout all the time. The more I do this the better person I become. Very interesting post and blog itself, indeed.