Why get out of debt?
God didn’t create us so that we could seek our own satisfaction.
I believe that God put each person down here for a reason and that reason is to bless others. In doing so, we will be blessed.
I have found in my own life that my most joyful moments often revolved around me helping or doing something to benefit another person. Meanwhile, my most painful, sorrowful, and sad moments were taking place when I was thinking about myself. Often times one of the quickest remedies to a struggle that we are having is to get our minds off ourselves and go do something for someone else.
So what does this have to do with getting out of debt? A whole lot actually. Your motivation for wanting to get out of debt should go beyond yourself. Sure, it will be awesome when you get to break out of the paycheck-to-paycheck cycle and when you can buy that car with cash, but that is just part of it. God wants to use you to financially bless others! This is a very good thing because:
- Giving is one of the most fun and self-fulfilling activities you can be a part of.
- You are storing up treasure in Heaven for eternity, rather than down here for a few more years (Matthew 6:20).
- Giving is a great way to burn selfishness out of your life.
- When you give, it will be given back to you in abundance (Luke 6:38)!
You must have something to give!
If you are like most Christians I have met, you want to be able to give more. You have a good heart and wish you could give more. You really want to be able to bless people and give more to your church. But again, if you are like most that I have met, you are thinking, “it is hard enough just to pay the bills each month, let alone give to others the way I would like to.”
This is exactly why you need to get out of debt!
Imagine how much easier it would be to give if you didn’t have any credit card payments, or car payments, or even (dare I say it) a mortgage payment—this has been my motivation over the last few years! This is where you and I are headed!
It is not actually our money
Our money is really not our own. We are merely stewards of what we have been given by God (read the Parable of the Talents for a refresher.) Even if you insist on saying that you worked hard to earn it, who gave you your brain, the hands you used, and even the air you put in your lungs?
We came into the world with nothing, we will leave with nothing. It is all God’s (Psalm 89:11). We have the priveledge of being stewards. When we are slack or wasteful with our money, it is not our money we are wasting, but Gods. It is not only ourselves that we hinder but others as well.
Yes the thought of being out of debt is fun to think about, but the main purpose for our getting out of debt is to benefit the Kingdom of God.
God didn’t set this thing up so that we just sit back as spectators, and it also isn’t just about what we can do with our strength. We have a part to play and so does God. The Bible says that we are co-laborers with Him (1 Corinthians 3:9). We need to be giving to fund and finance the Kingdom of God – how much more effective are we going to be if we are out of debt?
“God blesses us, that all the ends of the earth may fear Him.”
In the Getting out of Debt series, there are going to be 6 more articles that will walk you through what you need to do to get out of debt. These are the things I am actually doing myself and found them to be the most helpful. Let me warn you upfront, working to be debt free is NOT easy. It requires sacrifices. It requires a fight. But anything in life that is worth having is going to require a fight. You can do all things through Christ who strengthens you!! Don’t grow weary in well doing!!
The other 6 Steps to getting out of debt
- Getting out of Debt (Step 2) – Open your mind
- Getting out of Debt (Step 3) – Creating a balance sheet
- Getting out of Debt (Step 4) – How to quit spending
- Getting out of Debt (Step 5) – 15 ways to cut expenses
- Getting out of Debt (Step 6) – Make sacrifices
- Getting out of Debt (Step 7) – Debt Snowball