OWE NOTHING: KNOWING THE UNCERTAINTIES
(Message by Tanny Keng)
1. Owe Nothing
a) The rule is stated in Romans 13:8, "Do not owe anything to anyone". In our modern society, it is no longer love that makes the world go round, but debt. Even in an attempt to express love, people go into debt. How many gifts are purchased on borrowed money for example? A great many people are daily spending money they don't have, and making themselves into debtors.
b) There are certain debts or borrowings that are not really debts in principle, but more like a joint ownership of property. If the property were sold in the market place, both you and the lender would receive money from the sale. You would get your equity, the portion you own, whilst the money lender would receive his entitlement, the portion you owe. This type of "debt" or liability is not really considered in this lesson.
2. Knowing The Uncertainties
a) If you borrow in order to access money you have not yet made, are you not gambling on the future? You are relying on something uncertain to cover something certain. It is uncertain that you will make the money you expect, but certain you will have to pay the debt you have incurred. You are assuming that you'll make money next year, so you are already spending it this year!
The End ...
1. Owe Nothinga) The rule is stated in Romans 13:8, "Do not owe anything to anyone". In our modern society, it is no longer love that makes the world go round, but debt. Even in an attempt to express love, people go into debt. How many gifts are purchased on borrowed money for example? A great many people are daily spending money they don't have, and making themselves into debtors.
b) There are certain debts or borrowings that are not really debts in principle, but more like a joint ownership of property. If the property were sold in the market place, both you and the lender would receive money from the sale. You would get your equity, the portion you own, whilst the money lender would receive his entitlement, the portion you owe. This type of "debt" or liability is not really considered in this lesson.
2. Knowing The Uncertainties
a) If you borrow in order to access money you have not yet made, are you not gambling on the future? You are relying on something uncertain to cover something certain. It is uncertain that you will make the money you expect, but certain you will have to pay the debt you have incurred. You are assuming that you'll make money next year, so you are already spending it this year!
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