Title: The Dangers of
1Stressed Out part 6
The Dangers of
Debt
2Money is better than poverty, if only for
financial reasons. Woody Allen
3Why To Say No to Debt
Debt enslaves you to your creditor
1.
4those who borrow are slaves of moneylenders.
Proverbs 227 (CEV)
510,000 at an interest rate of 18. Making
minimum payments (3) how long will it take to
pay it off? A. Four years B. Seven and a half
years C. Twelve years D. Fifteen years E. None of
the above
610,000 at an interest rate of 18. Making
minimum payments (3) how long will it take to
pay it off? A. Four years B. Seven and a half
years C. Twelve years D. Fifteen years E. None of
the above
7Once you're in debt, interest will be your
companion every minute of the day or night, and
it's working against you. It has no love, no
sympathy. It is as hard and soulless as a granite
cliff, and you cannot dismiss it. Whenever you
get in its way or you cross its course or fail to
meet its demands, it crushes you. It just crushes
you. J. Rubin Clark
8Why To Say No to Debt
Debt increases your work pressures
2.
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10Why To Say No to Debt
Debt increases your work pressures
2.
11Why To Say No to Debt
Debt undermines your joy
3.
12Beware! Guard against every kind of greed. Life
is not measured by how much you own.
Luke 1215 (NLT)
13Why To Say No to Debt
Debt robs you of giving opportunities
4.
14Then a despised Samaritan came along, and when
he saw the man, he felt compassion for him. Going
over to him, the Samaritan soothed his wounds
with olive oil and wine and bandaged them. Then
he put the man on his own donkey and took him to
an inn,
Luke 1033-35 (NLT)
15where he took care of him. The next day he handed
the innkeeper two silver coins, telling him,
Take care of this man. If his bill runs higher
than this, Ill pay you the next time Im here.
Luke 1033-35 (NLT)
16Why To Say No to Debt
Debt will unmask some character flaws
5.
17Dont love money be satisfied with what you have.
Hebrews 135 (NLT)
18And this same God who takes care of me will
supply all your needs from his glorious riches,
which have been given to us in Christ Jesus.
Philippians 419 (NLT)
19Seek the Kingdom of God above all else, and live
righteously, and he will give you everything you
need.
Matthew 633 (NLT)
20Why To Say No to Debt
Debt taints your Christian witness
6.
21Stressed Out part 6
The Dangers of
Debt