Bible Question: I am looking for advice about buying a house. I have been told that buying a house is getting into debt. I don't think that is the kind of debt that is talked about in the bible. I won't go into a long thing about what I think debt is but basically living outside your means. So my question is what is debt and what does the bible mean about debt. thanks |
Bible Answer: The difference in this kind of debt is that it represents an investment. Should the Lord so direct, you can sell the house for the balance on the mortgage. This is not possible in other kinds of debts. These other kinds of debts make you a slave, limitting your ability to respond quickly to opportunities of service for the Kingdom. There are other reasons that such debts are unwise. Purchasing a house, in my very humble opinion -- as long as the payments on the house do not exceed about a quarter of your income -- is not necessarily an inappropriate thing to do for a believer. Of course, bathe everything you do in prayer. If you do buy a house, of course, it should be offered up to the Lord for His service, as with everything else that you own. |
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