Debt- Good or Evil? (Part I)
Is debt good or evil? It depends on the type of debt we are discussing. Scripture has much to say on the subject of debt, but it distinguishes between two different kinds of debt.
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Debt
God and Government – Financial Principles
God’s financial principles are invaluable to the health of any society, and they impact every sphere of government. The civil government along with all the other spheres of government need to diligently handle the money they are given to steward.
For example, God considers debt a form of slavery. Wasteful spending leads to debt and poverty, and we should not allow the civil government to be wasteful with the taxpayers’ money. We need to learn God’s instructions in handling money, put them into practice in our own lives, and hold other spheres of government to sound financial principles.
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