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Pay each one what is due: if you owe taxes, pay the taxes; if you owe contributions, pay the contributions; To whom you owe respect, show respect; To whom you owe honor, honor him.Romans 13: 7
Greetings friends of heartchurch, I wish you are in peace and continue advancing in your projects, God is good and his mercy is forever. Today I want to share with you a small letter entitled: ECONOMIC DEBTS, ARE THEY FAVORABLE?
I hope it will be you useful.
Debt is an obligation that a natural or legal person has to fulfill its payment commitments, as a result of the exercise of its economic activity.
Debt is a heavy burden that keeps our minds worried and stressed due to the responsibility that it implies. Many people have lost houses, cars, property, marriages, and others have taken their own lives because they were unable to cancel the debt they once assumed.
In this regard, the Bible teaches us the following:
The rich are the masters of the poor;
debtors are slaves to their creditors. Proverbs 22: 7
Allowing us to understand that debt becomes slavery for those who assume it. To avoid it, we must use different methods of managing our finances. Being tidy, planning the cats and keeping track of the accounts is key to staying out of debt.
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Jesus Christ paid the largest debt, and thanks to that payment today we can enjoy freedom and all the benefits that salvation and redemption itself includes. It is better to sleep and go through life free of debt and of any weight that limits our effectiveness.
