“Ball and chained to the credit cards”
Prov 22:7 The rich ruleth over the poor, and the borrower is servant to the lender.
I was a bill collector for 9 years, part of which I while I attended Bible College. In those 9 years, I have heard EVERY excuse under the sun as to why someone could not pay their bill and even new excuses were invented while the debtor was on the phone. However, it only took a matter of calls before I realized that the debtor I was calling was “ball and chained” to the company I worked for at the time. The debtor could not escape my calls, nor hide from us; neither absolve themselves from the debt. They were a “servant to the lender”. While I collected from these customers, they always shared with me some sad story of how they could not take their family out on a vacation or take their kids to McDonald’s. I personally did not take it to heart for they made their own choices.
But this made me think of those Christians who live under the idea they can just borrow money at any time to have what they want: televisions, furniture, expensive household items, and even a car. Over 20 years ago, most people did not understand how finance charges work and how it hurts the pocket book. But with the internet, easy access to information, people are learning how finance charges work and how it hurts the pocket book, yet, they still put themselves in debt and become a “servant to the lender.”
This in turn restricts the Believer in allowing God to use them financially to support their church in missions giving, special offerings, and even paying the tithe to the local church. Because they are a servant to the lender, the lender does not allow the believer to serve in the church as they should. The rule of thumb when it comes to finances, if you don’t have the cash, don’t buy the item.
When it comes to cars and houses, many people finance those items since it is difficult to come up with that amount of cash. Learn a lesson from the virtuous woman in Prov 31:16 “She considereth a field, and buyeth it: with the fruit of her hands she planteth a vineyard.” This woman really puts thought into what she is Buying: She does not put it on credit, but with the work of her hands and the fruit of her labor, she is able to buy the land with the money she earned, saved, and possibly invested (studying more on Prov 31). It might do us some good to work hard on saving money to purchase a large time. You would be surprised as to how much you can save in a matter of time.
Don’t become a servant to sin but become a servant to the Savior.