The rich rules over the poor, and the borrower is the slave of the lender. (Proverbs 22:7)
More often than any other reason I have heard, people cite the fact that they cannot pursue their dreams, goals, and good works in the world because they can’t afford it. And it is not that they can’t afford to actually pursue dreams, goals or good works (because many of them are making good money)… it is because their lifestyle has produced debt in their lives (credit cards, mortgages and second mortgages, car payments, etc.) so that every penny they make goes to some debt or another.
Aaaahhh… what would you do with the money you pay every month to debt?
Some reports suggest that large numbers of people in the US who are reaching the peak years for earnings spend between 100% to 120% of their annual income. What!!?! Yep… many of us are spending more than we are earning.
Anyone who is in this position knows… it is hard to feel free, makes changes, dream dreams, and try to make the world a better place when we are enslaved to debt. The answer is to spend less, save more… and cultivate a lifestyle in which we are content with what we have and not chasing wildly after every material possession.
We can do it! Join us this Sunday (at 9am or 11am) at the Waretown UMC Campus 27 Bryant Road to learn how!