Utanggalin - Crown Financial Ministry Debt module

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  • You do not have control over your income, it’s already spoken for.You do not have access to any convenience, you’ll be at the mercy of the system.You do not call the shots… things will be decided for you… either by your creditors or the court.
  • In Proverbs 22:7 we learn why our Lord speaks so directly tothe area of debt: “Just as the rich rule the poor, so the borrower isservant to the lender” (TLB). When we are in debt, we are in a positionof servitude to the lender.
  • Your friends … at least those “friends” will not want to touch you, even to look at you.Sometimes your true friends and even your family eventually will step away.
  • Utanggalin - Crown Financial Ministry Debt module

    1. 1. UTANGGALIN<br />A freedom from debt campaign for every Filipino<br />
    2. 2. Why talk about debt?<br />Because debt directly affects our relationship with God…<br />
    3. 3. Why talk about debt?<br />Because our possessions compete with the Lord…<br />
    4. 4. Why talk about debt?<br />Because our lives revolve around the use of money<br />
    5. 5. Why talk about debt?<br />Because every Filipino struggles with debt in varying degrees<br />
    6. 6. What do we need to teach about debt<br />God’s perspective of debt<br />Spiritual steps to get out of debt<br />Practical steps to get out of debt<br />How to stay out of debt<br />A biblical example of freedom from debt slavery<br />
    7. 7. Click to view a movie preview of <br />The Widow’s Oil<br />(a production by Crown Ministries)<br />
    8. 8. What does the Bible say about DEBT?<br />Scripture’s perspective on debt is clear. (God speaks directly without ambiguity)<br />Read the first portion of Romans 13:8 carefully from several different Bible translations:<br />“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).<br />
    9. 9. What does the Bible say about DEBT?<br />DEBT is considered as slavery and hardship<br />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.<br />
    10. 10. What does the Bible say about DEBT?<br />DEBT is considered as slavery and hardship<br />The rich rules over the poor, and the borrower becomes the lender’s slave (Proverbs 22:7).<br />Let the creditor seize all that he [the wicked] has; and let strangers plunder the product of his hand (Psalm 109:11).<br />When you are a slave to debt… God is not your master. (Matthew 6:24)<br />
    11. 11. What does the Bible say about DEBT?<br />DEBT is a curse<br />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.<br />
    12. 12. What does the Bible say about DEBT?<br />DEBT is a curse<br />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).<br />
    13. 13. What does the Bible say about DEBT?<br />DEBT presumes about tomorrow<br />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.<br />But the Bible tells us:“Yet you do not know what your life will be like tomorrow.” (James 4)<br />
    14. 14. What does the Bible say about DEBT?<br />DEBT denies God the opportunity to provide<br />Consider the story of the Widow’s Oil…<br />What if the Widow denied that she had a jar of oil?<br />What if the Widow never got jars from her neighbors?<br />What if the Widow never poured oil in those jars?<br />What if the Widow never paid her debts?<br />What if the Widow borrowed more money to pay her debts?<br />
    15. 15.
    16. 16. THANK YOU<br />For more information:<br />www.crown.org.ph<br />jreyes@crown.org.ph<br />

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