How to Get Out of Debt 5
How to Get Out of Debt
Step 5. Develop the Habit of Saving
A Christian should practice saving money on a regular basis. This includes those who are in debt. Even if it is only $5 a month, develop a discipline of saving. This does not mean to store up a large amount of money while failing to pay your creditors, but one of the best habits that a young couple can develop is saving a small amount on a regular basis. Everyone in our society living above the poverty level has the capability to save money, but many fail to do so because they believe that the amount that they can save is so small it's meaningless. Others believe that God frowns upon a Christian saving anything. Neither of these two reasons is scriptural. "There is precious treasure and oil in the dwelling of the wise, but a foolish man swallows it up" (Proverbs 21:20).
The common attitude presented in the Bible is to save on a regular basis, and it is important that Christians develop good habits to replace bad habits. All told, to get out of debt, a Christian must utilize these points we've just discussed; there is no alternative under God's plan for being debt free.
Get your financial peace prayer guide today.
