July 9

Be indebted to no one, except to one another in love. For he who loves his neighbor has fulfilled the law. — Rom 13:8 BSB

It’s worth spending a little more time today thinking about one important lesson—staying out of debt. “Owe no one anything.”

This is a lesson that needs to be emphasized. Many Christians need to be reminded of this. They don’t think twice about borrowing money. Those who are known to be kind-hearted often receive many requests for loans.

It’s not just in times of urgent need that people want to borrow; often, it’s to buy luxuries. And then, some people become careless about paying it back. Some repay their loans on time, but many never repay at all. Borrowing without repaying is a dangerous habit.

It damages a person’s character because when someone becomes comfortable with letting others worry about repayment, they’ve sunk to a low moral state.

Society is unforgiving towards those who don’t pay their debts. The consequences are inevitable.