Don't borrow

“The rich ruleth over the poor, and the borrower is servant to the lender.” 
Proverbs 22:7(KJV)

Our opening scripture shows us that the rich would always have dominion over the poor and the borrower is slave to the lender. Don't borrow. This is because every time you borrow, you are saying you will be a slave to whoever you borrow from.

Do you know that borrowing can be traceable to impatience? This is because when you borrow you want to enjoy today what you should enjoy tomorrow. You want to have today, what you can have tomorrow. So borrowing is using tomorrow's potential today. Therefore when you borrow you end up spending your unearned income before it came. That is not wise.

Child of God do not borrow or buy things on credit, it is one of the laws of uncommon prosperity. Don't borrow to buy clothes or to buy a car so that you can look prosperous, it is not wise. The Bible says in Proverbs 13:11, “Wealth [not earned but] won in haste or unjustly or from the production of things for vain or detrimental use [such riches] will dwindle away, but he who gathers little by little will increase [his riches].”

For instance, some people buy things on credit and before they are able to pay, the thing that they bought is already old, so they are paying for something that has no value to them anymore because they were impatient.

Therefore Romans 13:8a says, “Owe no man any thing, …” The Amplified version says, “Keep out of debt and owe no man anything, …” This is financial wisdom, I encourage you to live by it.

INSTRUCTION
If you are owing, make out a plan today on how you are going to pay your debts.

For further study read:
Deuteronomy 15:6, Deuteronomy 28:12, Acts 20:33-34, 2 Thessalonian 3:8-9,  Philippians 4:12-13.

DOING THE WORD
Follow the discipline of contentment within your means. It is better to work and get paid in cash or kind than to borrow.