Psalm 37:21 « Beating Debt News

Psalm 37:21 March 8, 2008

Posted by BDO in Spiritual.
Tags: back, bible, Debt, finance, give, honest, honor, liar, pay, principle, right, ultimate
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“The wicked borrow and do not repay, but the righteous give generously” Psalm 37:21

There are many reasons why we should pay off our debts.

1) It is honorable to pay back what we owe. Honor sometimes feels like a lost concept in this world. However, there are some organizations like the United States military that holds to a sense of honor. They instill in their Armed Forces a sense of duty and honor that binds them to a code of ethics. This motivates them to never tarnish themselves or the organization they represent.

We need to conform to a sense of honor. We need to be bound to a set of rules that motivates us to never tarnish ourselves or our family. When we can say that we are honorable people, we will know that honorable people honor contracts. Therefore, we are honor-bound to pay back what we owe.

2) It is the honest thing to pay back what we owe. Who we are is largely determined by our actions. It has been said that actions speak louder than words. If we tell someone that we will pay them back, then to remain honest, we must act in the way our lips just committed us to. Otherwise, we are known as a hypocrite and a liar for saying that we would pay back but did not fulfill our vow. When people find out that you are a liar, they are less likely to trust you in other things. It has also been said that honesty is the best policy. Let’s do the honest thing and pay back what we said we would.

3) It is the right thing to pay back what we owe. As in the Bible verse above, the wicked borrow but do not repay. The righteous, however, not only pay back, they give generously. After giving tithes, giving from our excess is the ultimate expression of stewardship, honesty, righteousness, and love. We should strive to correct our selfish ways by paying off our debts. We must then take the ultimate step and start giving from excess.

I hope you can take this biblical perspective on board as we strive to pay off our debts.

How do you interpret this verse?