“The rich rule over the poor, and the borrower is slave to the lender.” (Pro 22:7)
I don’t think I would like to be a slave. Despite us thinking that it is an ancient trade, there are more slaves on the planet today than there have ever been. It is a tragic industry trading in human misery.
Yet here in Proverbs, a borrower is described as a slave to the lender. The power a master has over a slave has no end. It is a good reminder about God’s attitude toward debt. When we are in debt, we are literally owned by the person we are in debt to. Think twice and think again before entering into debt.
Give due heed to this Scripture when you look to enter into any debt contract. When we are in debt, we lose a piece of our freedom.
Quick Prayer: Teach me how to live with minimal debt. Amen.