Read Proverbs 22:7. In what sense are we under bondage to the lender?

What can be done to escape from this unfortunate phenomenon? If you are in debt, the following outline will help you begin a debt-elimination process. The plan is simple. It has a premise and three steps.

Image © The Classic Bible Art Collection – Formerly Standard Publishing at Goodsalt.com

The premise is a commitment to God to be faithful in returning His holy tithe to access His wisdom and blessing. He is eager to bless those who obey Him.

Step one is to declare a moratorium on additional debt: no more credit spending. If you don’t borrow money, you can’t get into debt. If you don’t borrow any more money, you can’t get further into debt.

Step two is to make a covenant with God that from this point on, as He blesses, you will pay off your debts as quickly as possible. When God blesses you financially, use the money to reduce debt — not to purchase more things. This step is probably the most crucial. When most folks receive unexpected money, they simply spend it. Don’t; instead, apply it to your debt-reduction plan.

Step three is the hands-on practical part. Make a list of all your debts, from the largest to the smallest, in descending order. For most families the home mortgage is at the top of the list, and a credit card or personal debt is at the bottom. Begin by making at least the minimum payment due on each of your debts on a monthly basis. Next, double up or increase your payments in any way you can on the debt on the bottom of the list. You’ll be happily surprised how quickly you can eliminate that smallest debt. Then use the money that you were paying on the bottom debt to add to the basic payment on the next debt as you work your way up the list. As you eliminate your smaller high-interest debts, you’ll free up a surprising amount of money to place on the next-higher debts.

God clearly doesn’t want us in debt. Once the covenant is made, many families find that God blesses them in unexpected ways, and the debt is reduced faster than they had anticipated. By following these three simple steps, many families have become debt-free. You can, too! By putting God first, you’ll receive His wisdom and blessing for managing what He has entrusted to you.

<–Monday Wednesday–>

Amen!(0)

The post Tuesday: How to Get Out of Debt appeared first on Sabbath School Net.

Source: https://ssnet.org/blog/tuesday-how-to-get-out-of-debt/

“MANAGING FOR THE MASTER Till He Comes” will show us that 
God Is Working His Purpose Out – Hymn 225 in all our we do and say. May we be encouraged by this hymn for this quarter and that 
In Our Work And In Our Play – Hymn 591 we will work until Jesus comes. Hence, a choice of theme hymns for this quarter.

The monetary debts of this world can be very serious for each of us, but the sins of this world give us a mightier debt. Thankfully, 
Jesus Paid It All – Hymn 184 for each of us who request this of our dear Saviour.

On “Following Godly Counsel” I pray 
O Brother, Be Faithful – 602 because 
Faith Is The Victory – Hymn 608. It is here, to our Gracious God, that 
The Wise May Bring Their Learning – 638.

To get out of our debt, “the premise is a commitment to God”: 
Hymn 634 – Come, All Christians, Be Committed, so then 
Give Of Your Best To The Master – Hymn 572. This is something we each may do because we 
Have a Diligent And Grateful Heart – Hymn 639.

We are reminded on Thursday “that the Lord cares” just as does 
Hymn 99 – God Will Take Care Of You.

Today, and every day, we look forward to Jesus coming again. Oh, what a day that will be 
When We All Get To Heaven – Hymn 633 because 
That Glorious Day Is Coming – Hymn 209.

To learn unknown hymns, you will find the accompaniment music for each one at: https://sdahymnals.com/Hymnal/

Another great resource is for when there is a hymn you wish to sing but can’t find it in your hymnal. Go to https://www.sdahymnal.org/Search and in the search bar type a special word in that is in the hymn. I am sure you will be amazed at the help you will be given.

 2 Timothy 2:15 KJV – “Study to shew thyself approved unto God, a workman that needeth not to be ashamed, rightly dividing the word of truth.”

Amen!(2)

The post 5: Dealing with Debt – Singing with Inspiration appeared first on Sabbath School Net.

Source: https://ssnet.org/blog/5-dealing-with-debt-singing-with-inspiration/