Today’s proverb brings up a subject we love or hate to talk about in public. It’s a very personal, intimate part of our lives. Most of us think about it every day – either how much we do or don’t have. In our culture life tends to revolve around it. Money.
If you think about it, our culture really does revolve around money. We go to a job to make money, only to spend it on the vehicle we have to have to get to the job. Then we spend it on food, clothes, and homes – and those are just the necessities.
Then most of us have disposable income. Money that we can use on impulses, or date nights, Starbucks, or whatever else we may want to spend it on. We can choose to save some or give it away. But at the end of the day, we all live on a percentage of our income.
Here’s what I mean by that. If your income = 100%, and your outgo = 80%, you live on less than your income. If your outgo is 105%, then you live on more than your income and are probably in mountains of debt. Let’s face it, debt in our culture is normal.
Let’s take a look at what this passage in Proverbs says about debt;
1 My child, if you have put up security for a friend’s debt
or agreed to guarantee the debt of a stranger—
2 If you have trapped yourself by your agreement
and are caught by what you said—
3 follow my advice and save yourself,
for you have placed yourself at your friend’s mercy.
Now swallow your pride;
go and beg to have your name erased.
4 Don’t put it off; do it now!
Don’t rest until you do.
5 Save yourself like a gazelle escaping from a hunter,
like a bird fleeing from a net.
What it’s saying is this – If you are in debt – GET OUT! Save yourself from what you owe in whatever capacity you can. Work more hours and use the extra to pay off something. Swallow your pride and ask it be erased. Free yourself from your lenders.
When you and I have debts, we owe people money that we honestly we can’t currently pay. Some of it you may call good debt, but you still owe money to someone. Later on in scripture it tells us that the borrower is slave to the lender, and I don’t know about you, but I sure don’t want to be anyone’s slave of any kind. I personally like my freedom.
My wife and I subscribed to the Dave Ramsey teachings a few years ago and it has drastically helped us improve our financial house. It has helped us better tell our money where it is going instead of wondering where it went. I would highly encourage you check into it if you are wanting a change in your finances.
My point in writing this morning is this – Are you currently being as wise with your money as you can be?