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The End of the World: What Does the Bible Say?

The Debt Trap:
How Do I Get Free?

How can you escape the debt burden? The solution isn't hard to understand, but it takes effort.

by Robert Dick

The average American household of three owes more than $7,000 in credit-card debt.
Did you lose your job in the economic downturn after Sept. 11, 2001 ? Were you already out looking for a new job, a casualty of the stumbling high-tech sector? Are you a victim of the continuing wave of manufacturing jobs exiting your nation for countries with lower pay and benefit scales? Are you chronically underemployed, sitting in a go-nowhere job?

Or, unlike any of these, have you been comfortably employed but lulled by the go-go decade of the '90s into spending more than you make?

If you are in any of these categories, you probably are all too familiar with debt- sometimes staggering debt. During 2001 Americans owed more than $700 billion in credit-card debt alone.

Consider a piece of timeless wisdom- "The rich rules over the poor, and the borrower is servant to the lender" (Proverbs 22:7, emphasis added throughout). If you are in debt, you are a servant, like it or not. When King Solomon wrote the biblical book of Proverbs, it was true literally-debts were paid by the physical labor of the one who owed. Today the arrangements may be different, but the emotional burdens are not- weariness, depression, constant worry and uncertainty about the future, to name a few.

How do you get out from under the burden of debt? The keys aren't difficult to understand, but they do take commitment.

Read the full article at www.gnmagazine.org/issues/gn44/debt.htm


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