Question
The world of finance teaches that borrowing money can be a high-risk, high-reward option. Scripture has some passages that seem to clearly warn people to
The world of finance teaches that borrowing money can be a high-risk, high-reward option. Scripture has some passages that seem to clearly warn people to be cautious about getting into debt. Read the following Scriptures and write a 250 word post discussing what the Bible does and does not teach about debt. At minimum, address the following questions:
- What are some of the natural consequences of borrowing money?
- What is co-signing a loan? What advice does the writer of Proverbs have about the wisdom of co-signing a loan?
- Whataretheobligationsofanyonewhoborrowsmoney?
Important for references:
Be sure to reference any Scriptures you use to answer questions.In addition to Scripture you must cite at least 1 article that addresses the topic.
Scriptures to read (minimumfeel free to find more!): Psalm 37:21 Proverbs 11:15, 17:18, 22:7, 2227
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