Notes: Biblical Principles About Money
Notes: Biblical Principles About Money
Notes: Biblical Principles About Money
Money
The Bible generally encourages careful management of debt and warns against it rather than speaking
positively about it. However, there are verses that address lending and borrowing in a positive light,
particularly when it comes to helping others.
One such verse is **Deuteronomy 15:7-8** (NIV):
*"If anyone is poor among your fellow Israelites in any of the towns of the land the Lord your God is
giving you, do not be hardhearted or tightfisted toward them. Rather, be openhanded and freely lend
them whatever they need."*
This verse highlights the importance of generosity and being willing to lend to those in need, which is
seen as a positive and compassionate act.
Another example is **Psalm 37:26** (NIV):
*"They are always generous and lend freely; their children will be a blessing."*
This verse praises those who lend freely, associating such generosity with blessings. While these verses
speak more to the virtue of lending, they imply that debt can be part of a positive, supportive
relationship between people.
The Bible contains several verses that caution against debt or describe it negatively. Here are some of
the key verses:
1. **Proverbs 22:7 (NIV)**:
*"The rich rule over the poor, and the borrower is slave to the lender."*
- This verse highlights the power imbalance between lenders and borrowers, implying that debt can
lead to a form of bondage or servitude.
2. **Romans 13:8 (NIV)**:
*"Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves
others has fulfilled the law."*
- Paul advises against owing anything to anyone, except the debt of love, which is a perpetual
obligation.
3. **Proverbs 22:26-27 (NIV)**:
*"Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to
pay, your very bed will be snatched from under you."*
- This passage warns against taking on debt or cosigning for others, as it could lead to severe
consequences if the debt cannot be repaid.
4. **Psalm 37:21 (NIV)**:
*"The wicked borrow and do not repay, but the righteous give generously."*
- This verse equates failure to repay debt with wickedness, contrasting it with the righteousness of
generosity.
5. **Deuteronomy 28:12 (NIV)**:
*"The Lord will open the heavens, the storehouse of his bounty, to send rain on your land in season
and to bless all the work of your hands. You will lend to many nations but will borrow from none."*
- In this verse, borrowing is seen as less desirable, with a blessing being the ability to lend rather than
borrow.
6. **Nehemiah 5:3-5 (NIV)**:
*"Others were saying, 'We are mortgaging our fields, our vineyards and our homes to get grain during
the famine.' Still others were saying, 'We have had to borrow money to pay the king's tax on our fields
and vineyards. Although we are of the same flesh and blood as our fellow Jews and though our children
are as good as theirs, yet we have to subject our sons and daughters to slavery. Some of our daughters
have already been enslaved, but we are powerless, because our fields and our vineyards belong to
others.' "*
- This passage describes the negative consequences of debt, where borrowing leads to loss of
property and even freedom.
These verses collectively highlight the Bible's cautious stance on debt, often portraying it as something
that can lead to negative consequences if not managed wisely.