Utanggalin - Crown Financial Ministry Debt module
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UTANGGALIN A freedom from debt campaign for every Filipino
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Transcript of Utanggalin - Crown Financial Ministry Debt module
UTANGGALINA freedom from debt campaign for every Filipino
Why talk about debt?
Because debt directly affects our relationship with God…
Why talk about debt?
Because our possessions compete with the Lord…
Why talk about debt?
Because our lives revolve around the use of money
Why talk about debt?
Because every Filipino struggles with debt in varying degrees
What do we need to teach about debt
God’s perspective of debt
Spiritual steps to get out of debt
Practical steps to get out of debt
How to stay out of debt
A biblical example of freedom from debt slavery
Click to view a movie preview of
The Widow’s Oil
(a production by Crown Ministries)
What does the Bible say about DEBT?
Scripture’s perspective on debt is clear. (God speaks directly without ambiguity)
Read the first portion of Romans 13:8 carefully from several different Bible translations:
“Owe no man any thing” (KJV). “Pay all your debts” (TLB). “Owe nothing to anyone.” (AMP)“Keep out of debt and owe no man anything” (AMP).
What does the Bible say about DEBT?
DEBT is considered as slavery and hardship
A slave does not have control.A slave does not have access.A slave does not have confidence.A slave does not have power.A slave does not have a voice.
What does the Bible say about DEBT?
DEBT is considered as slavery and hardship
The rich rules over the poor, and the borrower becomes the lender’s slave (Proverbs 22:7).
Let the creditor seize all that he [the wicked] has; and let strangers plunder the product of his hand (Psalm 109:11).
When you are a slave to debt… God is not your master. (Matthew 6:24)
What does the Bible say about DEBT?
DEBT is a curse
With debt, you are an outcast.With debt, you lose friends and even family.With debt, it seems you have an incurable disease.With debt, you withdraw from everything, everyone.
What does the Bible say about DEBT?
DEBT is a curse
He shall lend to you, but you shall not lend to him; he shall be the head and you shall be the tail. So all these curses shall come on you and pursue you and overtake you until you are destroyed, because you would not obey the Lord your God by keeping His commandments and His statutes which He commanded you (Deuteronomy 28:15, 43-45).
What does the Bible say about DEBT?
DEBT presumes about tomorrow
When we get into debt, we assume that we will earn enough or will have sufficient resources to pay the debt. We plan for our job to continue or our business or investments to be profitable.
But the Bible tells us:“Yet you do not know what your life will be like tomorrow.” (James 4)
What does the Bible say about DEBT?
DEBT denies God the opportunity to provide
Consider the story of the Widow’s Oil…What if the Widow denied that she had a jar of oil?
What if the Widow never got jars from her neighbors?
What if the Widow never poured oil in those jars?
What if the Widow never paid her debts?
What if the Widow borrowed more money to pay her debts?
