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The Dangers of Debt (3-20-11 AM)

The Dangers of Debt

Prverbs 22:7

Examine the pitfalls of going into debt and steps to take to get out of it.

How to get out of debt:

  • Pray and commit your situation to the Lord
  • Begin to tithe
  • Develop a debt-free mindset
  • List all of your debts and stop charging
  • Sell off items you no longer want or need
  • Establish a spending plan (budget)
  • Establish a repayment schedule (start with the smallest debt with the largest interest rate first)
  • Consider earning additional income
  • Decrease spending (lifestyle adjustment)
  • Develop a stewardship mentality and don't give up

Questions or Comments?

Do you have any questions or comments regarding this sermon?  If so, please feel free to email Pastor Willie directly below.

Rev. Willie Rash

Pastor