Josh McGuire - Money, p3: Debt | Austin CFC | 2022-08-14
Summary
The message explores biblical principles regarding money, emphasizing that while money is a useful store (a 'silo'), our attitude toward it must be rich toward God. Key takeaways include being ready and willing to share resources, giving in secret, and ensuring that the ultimate goal of handling finances is to glorify God, not money itself.
Outline
The message in plain words, in the order it unfolds. Select a time to jump the video to that moment.
Let's look at debtThe speaker introduces the morning's topic of debt, noting that people usually either check out because they have no debt or feel condemnation because they are deep in it, but offers reassurance that there is tremendous hope.
Owe nothing except to love one anotherExamining Romans 13:8, the speaker highlights the commandment to owe nothing to anyone except a mutual debt of love.
What about mortgages and cars?Clarifies that standard housing mortgages and basic car payments are not necessarily sinful debt if they do not create crushing financial bondage or excessive burden.
The borrower is slave to the lenderProverbs 22:7 equates heavy debt with slavery, describing how financial obligation creates a form of bondage and mastery over a person.
The priority of paying what is owedFinancial obligations to governments, businesses, or creditors take priority over giving to the church or offering boxes.
Trap 1: Once-in-a-lifetime opportunitiesPeople often fall into debt by justifying urgent, expensive purchases or trips because they believe the opportunity will never happen again.
Trap 2: Instant digital spendingModern technology makes it dangerously easy to rack up debt through quick online purchases without tracking where money actually goes.
Trap 3: College and educational debtParents must be extremely careful not to plunge their children into massive student loan debt for education under the guise of the American dream.
Trap 4: Unequally yoked financial partnershipsBelievers should avoid entering into binding financial partnerships or obligations with unbelievers that compromise their spiritual freedom.
Set free for freedomGalatians 5:1 reminds believers that Christ set them free so they should not become burdened again by a yoke of slavery, including financial bondage.
The widow facing creditors in Second Kings 4A godly prophet's widow faced the terrifying reality of creditors coming to take her children as slaves because of unpaid debt.
What do you have in the house?When the widow came to Elisha in desperation, the prophet asked what she had, and God miraculously multiplied her single jar of oil to pay off her debt.
The Lord helps those who come in repentanceEven if someone has made massive mistakes with money, God is a good father who will work with their repentance and faith to bring freedom.
