Comments on: What Does the Bible Say about Personal Finance?

By: Paul Williams

Paul Williams — Sat, 03 Oct 2009 14:59:33 +0000

Angell,

Thank you for taking the time to comment and ask your question! I’ve written about the subject of debt in this article: http://www.providentplan.com/442/is-debt-a-sin/

Debt is not a sin, but God does recommend against debt because of the reasons I note in the article. There are good ways to use debt (buying a house) and there are bad ways to use debt (buying stuff you can’t afford because materialism is ruling your heart). It’s always good to pay off the debt as quickly as you can to avoid the problems it can create.

By: Angell

Angell — Sat, 03 Oct 2009 14:05:52 +0000

The Bible quotes in Proverbs 22:26
“Do not be a man who strikes hands in pledge or puts up security for debts;” and Romans 13:8 “Let no debt remain outstanding, except the continuing debt to love one another, for he who loves his fellowman has fulfilled the law.” We have tried to live according to these scriptures. Right now financial investors are suggesting that having a loan in others words to be in debt is better than having everything paid off because of inflation and how the dollar is quickly losing value. I feel like this goes against scripture. Do you agree with these financial investors to have loans?

By: Paul Williams

Paul Williams — Fri, 28 Aug 2009 14:17:40 +0000

I’m glad you have found it helpful, Ben! Please feel free to share any insights you have and wisdom God grants you through your study. I’m always open to hearing how the Spirit teaches others about this topic.

By: Ben Drew

Ben Drew — Fri, 28 Aug 2009 10:10:43 +0000

Thank you for this website which has provided an excellent foundation to an indepth study on the Bible and personal finance I am hoping to undertake over the coming weeks.

By: Paul Williams

Paul Williams — Wed, 20 May 2009 13:28:35 +0000

Nancy, thanks for taking the time to comment! Regarding working hard, there are several verses that indicate Christians should work hard. Here are a few: Genesis 2:15, Proverbs 10:5, Proverbs 18:9, Ecclesiastes 9:10, Ecclesiastes 11:4-6, Acts 20:34-35, Ephesians 4:28, Colossians 3:17, Colossians 3:23-24, 1 Thessalonians 4:11-12, and 2 Thessalonians 3:6-12 There aren't any verses that specifically answer your other questions. But if you'll read the verses on Giving that I've organized on the Personal Finance Bible Verses page, I think you'll see that God's commands and expectations for giving are for Christians who are not poor but have an abundance to give from. We should always try to do as much as possible to help our Christian brothers and sisters, but this should not be used to make those who are struggling feel guilty if they cannot help out. Please let me know if I can help you in any other way!