OWE NOTHING: TWO SERIOUS ERRORS
(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. Two Serious Errors
a) There is a stern warning in the Proverbs: "The borrower becomes the lender's slave" (Proverbs 22:7). Of course, sometimes the lender is the victim because "The wicked borrows and does not pay back." (Psalms 37:21)
b) We should ensure that we fall into neither of these errors. We should become no creditor's slave. We should become no creditor's defaulter. The best way to do this is to have no creditor at all — to "owe nothing to anyone." (Romans 13:8)
The End ...
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. Two Serious Errors
a) There is a stern warning in the Proverbs: "The borrower becomes the lender's slave" (Proverbs 22:7). Of course, sometimes the lender is the victim because "The wicked borrows and does not pay back." (Psalms 37:21)
b) We should ensure that we fall into neither of these errors. We should become no creditor's slave. We should become no creditor's defaulter. The best way to do this is to have no creditor at all — to "owe nothing to anyone." (Romans 13:8)
The End ...
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