This portion will discuss how you would be managing your money based on the biblical principles.
A principle is an instruction from the LORD to help guide our decisions. A law is an absolute. Negative consequences can result from ignoring a principle, but punishment is the likely consequence of ignoring a law of God.
An example that shows the difference between principle and law: the principle of borrowing given in Scripture is that it is better not to borrow if the loan must be taken with surety. "A man lacking in sense pledges and becomes guarantor in the presence of his neighbor" (Proverbs 17:18).
The law of borrowing given in Scripture is that it is a sin to borrow and not repay. "The wicked borrows and does not pay back, but the righteous is gracious and gives" (Psalm 37:21). The implication of this Scripture is that the wicked can repay but will not, as opposed to those who want to repay but cannot.
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Topics Under This Category
God's Perspective About Money
Credit Card Debt
Signs That You Are In Credit Card Debt Trouble