Issues & Solution: Debt

Finances for Teens (and everyone)

by Timothy D. Terrell  »  Bio
The days of the piggy bank and the dollar-a-week allowance are past. You’ve got a job, and you’re making several thousand dollars a year, boosted by those Christmas gifts from your family. Maybe your first tax return is due this April 15. The financial side of your life is definitely different from what it was two or three years ago.

Prosperity in God’s Eyes

Society today classes people according to their material wealth. Whether that wealth is in the form of money/income, things such as the latest technology gadgets or the hottest fashions in clothes, people are automatically classed into several categories.

Where I live, in Canada, I am considered as living BELOW the poverty line. That means, that according to Canadian standards, I don’t make enough money to meet my natural needs.

Are You Cheating Yourself and Others by “Saving?”

“Ye looked for much, and, lo, it came to little; and when ye brought it home, I did blow upon it. Why? saith the Lord of hosts. Because of mine house that is waste, and ye run every man unto his own house.” Haggai 1:9

Churlish souls stint their contributions to the ministry and missionary operations, and call such saving good economy; little do they dream that they are thus impoverishing themselves. Their excuse is that they must care for their own families, and they forget that to neglect the house of God is the sure way to bring ruin upon their own houses.

Our God has a method in providence by which he can succeed our endeavours beyond our expectation, or can defeat our plans to our confusion and dismay; by a turn of his hand he can steer our vessel in a profitable channel, or run it aground in poverty and bankruptcy. It is the teaching of Scripture that the Lord enriches the liberal and leaves the miserly to find out that withholding tendeth to poverty.

In a very wide sphere of observation, I have noticed that the most generous Christians of my acquaintance have been always the most happy, and almost invariably the most prosperous. I have seen the liberal giver rise to wealth of which he never dreamed; and I have as often seen the mean, ungenerous churl descend to poverty by the very parsimony by which he thought to rise.

Men trust good stewards with larger and larger sums, and so it frequently is with the Lord; he gives by cartloads to those who give by bushels. Where wealth is not bestowed the Lord makes the little much by the contentment which the sanctified heart feels in a portion of which the tithe has been dedicated to the Lord.

Developing Biblical Financial Skills

“Twenty-five years ago most churches just taught people how to handle 10 percent of their income-the area of giving-and left the other 90 percent un-addressed. As a consequence, many Christians suffer financially because, by default, they adopt our culture’s perspective of handling the rest of their money.” Larry Burkett

Developing Biblical Financial Skills

Skill # 1 EARN

“In the name of the Lord Jesus Christ, we appeal to people, no, we command them; settle down and get to work. Earn your own living.” 2 Thess. 3:12 (NLT)

Some practical Principles of Acquisition:

    1. Be diligent
    2. Be ethical
    3. Be wise
    4. Be intentional
    5. Be careful

Hard to Make Ends Meet? Your Budget is the Plan!

1. A budget is nothing more than a plan for saving and spending money. It includes where the money will come from and how much to expect, as well as what expenses that same money will be used to meet. A good budget takes care of all the regular and important bills — like rent or mortgage, utilities, food, gasoline and insurance — and allows for the unexpected or occasional expenses.

2. With budgeting, when the paycheck comes in, the family already knows how much of this check needs to be set aside to meet the bills coming due, and how much is available for extras — perhaps dinner out and a movie. Everything is planned for and covered.

3. To live without a budget often leads to short-sighted decisions:
“If I have money right now, I can spend it right now. So if I want new clothes today, and I have the money today, why not spend it? The rent isn’t due until next week, so I’ll worry about that then.”

What Do You Think Jesus Wants You to Do?

“My Yoke Is Easy.”

What do you think Jesus wants you to do?

I’m not thinking of specific choices like whether to have pizza or turkey for lunch (I don’t think He cares). But in terms of overall life choices and directions, what do you think He wants? There are probably a lot of answers to that question, but I’m thinking of one right now that I’ll bet nobody else mentioned.

I think He wants me to quit. (It’s okay if you’re surprised.)

“Come to me, all you who are weary and burdened, and I will give you rest. Take my yoke upon you and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. For my yoke is easy and my burden is light.”

The scripture above is one of the most well-known passages in the bible. It’s a source of comfort to folks who are buried under the weight of illness, despair, and impossible expectations. But it’s even more comforting when we understand the historical context.

Asking for Support: Getting the Help You Need – Part 1

by Dale & Juanita Ryan
See: Part 2 | Part 3

The God of the Bible is a God who saves and heals. The Bible is clear about this: He will deliver the needy who cry out, he will rescue them from oppression and violence. Psalm 72: 12,14) When we see our need, acknowledge our inability to save ourselves, and cry out, God delivers us. God rescues us from oppression and violence. Whether it is the oppression and violence of our compulsions and addictions or the oppression and violence of abuse and neglect, God delivers us and heals us. God is powerful enough and loving enough to deliver us from all of the oppression and violence we face.

This is the good news proclaimed in Scripture. And it is the basis for our hope on the recovery journey. We cannot save ourselves. Or heal ourselves. But God can. And God will.

Sound simple? It turns out to be anything but simple. There are several reasons for this. First, we find it hard to believe that God is

Are You Worried about God’s Provision?


The name of the Lord is a strong tower;
the righteous run into it and are safe.
The wealth of the rich is their strong city;
in their imagination it is like a high wall.
Proverbs 18:10-11 NRSV


America is imploding on itself. And, unfortunately, as America goes, often goes the rest of the world. Home foreclosures are up; unemployment is up. Institutions that were reliable are shaky, at best. While it’s important to be prudent, there may soon be no good choices left that provide for a stable economic future . . . except obedience to the Word. As believers, we always have a future and a hope (Jeremiah 29:11) because our trust isn’t in the institutions and economy of this world, but our hope is in the Lord. The apostle Peter wrote:

He has given us a new birth into a living hope through the resurrection of Jesus Christ from the dead, and into an inheritance that is imperishable, undefiled, and unfading, kept in heaven for you.,/span> 1 Peter 1:3b-4 NRSV

Dealing with Debt

Positive things you can do:

  1. Face your situation
  2. Set a Goal (make smaller goals in manageable steps to achieve it)
  3. Seek wise counsel
  4. Recognize that your choices matter and are significant
  5. Work Hard. Do not give up!
  6. Learn to be responsible
  7. Be committed to your family

Biblical principles of Money Management and Giving

You can learn more about these Biblical principles in Randy Alcorn’s books: