Using Debt to Generate Wealth. Bible Guidelines episode artwork

EPISODE · Jun 3, 2016 · 19 MIN

Using Debt to Generate Wealth. Bible Guidelines

from Christians and Money · host Dr. Trudy Beerman, DSL

The Bible does speak very negatively about debt, while at the same time giving guidelines for it. There are guidelines for those who lend and warnings to those who borrow.  The strategy of using debt to generate wealth should only be done by those who have already established a debt-free mindset.  Hating debt and seeing it for what it really is, means if you reluctantly use debt to achieve a specific goal, the debt-free mindset will drive this person to borrow as little as possible and repay it with utmost priority.  The average person does not have this discipline so I would never advise this unless they do so under an eye of accountability. This a follow-up to the PAY THE CHRISTIAN, YOUR RESULT IS A CASH EXCHANGE AWAY show  All links mentioned in this show are clickable at my blog. CLICK HERE

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