What We Believe
The second fundamental money principle is Avoid the Use of Debt. With personal debt at an all-time high in America, many families feel trapped and hopeless to ever get out from under their debt burden.
Proverbs 22:7 states:
The borrower becomes the lender’s slave.
God’s word does not prohibit us from borrowing, but it does say to do so cautiously so that we do not become enslaved by it.
Check out this short video to learn how to think wisely about debt which is critical to our long-term financial success.