Fundamental Money Principle #2: Avoid the Use of Debt (Part 2)

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The second fundamental money principle is “Avoid the Use of Debt”. The cost of debt can be much more expensive than one may think.

"Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?" Luke 14:28

In this verse, Jesus says to count the cost of something, in this case debt, before entering into it.

Check out this short video to discover two aspects of the cost of debt that may surprise you.