Ep. 073 - The Hidden Danger of High-Interest Debt: A Biblical Perspective on Borrowing
Manage episode 487895907 series 3559344
Should Christians ever take out a loan—especially at high interest? In this episode, we review Scripture to unpack what the Bible says about debt, usury, and stewardship.
We explore the spiritual and financial costs of borrowing, discuss the traps of high-interest credit cards and car loans, and offer practical guidance for managing money wisely in today’s world.
Whether you're navigating a mortgage or considering a loan, this conversation will challenge you to steward God’s resources with prayerful intention.
You can find show notes and resources for this episode at: https://secondhalfstewardship.com/episode/ep-73-high-interest
Download our free Guide to Biblical Giving at https://secondhalfstewardship.com/subscribe, and we’ll unpack what the bible says about tithing, giving to the poor, or giving away everything you own for the sake of the Kingdom.
Timestamps
0:00 - Intro
0:44 - Christians & High-Interest Financing
4:10 - Proverbs 22:7
10:25 - Credit Card Purchases: Needs vs Wants
13:55 - High Interest Debt: Avoiding & Getting Out
18:45 - Asking for Help
21:47 - Summary & Disclosures
Advisory services offered through Retirement Planning Services, LLC. https://seriousretirement.com/ The information in this recording is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.
73 episodes