I saw jets of light shining from cities and villages, and from the high places and the low places of the earth. God's word was obeyed, and as a result there were memorials for Him in every city and village. His truth was proclaimed throughout the world. --Testimonies, vol. 9, pp. 28, 29. {ChS 112.2}

Thursday, September 20, 2007

Christians and Debt

I didn't write the following, but I thought it was worthy of passing along:
-------------------------------------------------------------------------------------
Did you know the 1910 edition of the Sears and Roebuck Mail Order Catalogue states that buying on credit is folly?

Most Christians then believed debt is a sin.

In fact, J.C. Penny, the man who owned J.C. Penny would not allow anyone credit. It wasn't until after his death that the new J.C. Penny management team allowed and encouraged people to buy on credit.

Consumer Credit Cards did not come into being until the 1960's. The end result is that the average credit card holder here in the U.S. today has $9,000 in outstanding debt.

Debt is so commonplace, our whole economy operates on debt. But is debt good or bad?

The Bible says those who borrow money are slaves to those who lend money.
Proverbs 22:7

And that is true!

If you owe $9,000 in Credit Card debt and pay only the minimum monthly payment, you will pay on that debt for the rest of your life. It will never be paid off.

GHW is pleased to present Dave Ramsey in a 9 part Video series entitled Dumping Debt. Dave is a funny and entertaining guy to watch and listen to. Best
of all, Dave will educate and tell you how to escape debt and build a legacy. This is a must watch video series for everyone.

To watch the first video go to:

http://godshealingword.org/debt1.html

Many blessings,

Jim Lynn
God's Healing Word
http://GodsHealingWord.org

No comments:

Post a Comment