“My son, if you have put up security for your neighbor, if you have shaken hands in pledge for a stranger, you have been trapped by what you said, ensnared by the words of your mouth.” (Pro 6:1–2)

The essence of this proverb occurs a number of times in Scripture. It’s obviously an important financial principle, particularly for those of us who are in business.

If we are in onerous contracts or agreements or have guaranteed another entity or person, we need to renegotiate. Don’t put off, don’t delay, and don’t get distracted or be put off by the inconvenience or how it may be perceived; go and get it changed.

The Bible describes it as a trap, that we have been ensnared by the words of our mouth. If it is God’s will that we not enter into such an agreement, He will give us a way of escape.

Quick Prayer: Give me favor to renegotiate where I need to please, Lord. Amen.