I have had some Biblical concerns about taking out a Loan for a house...
And especially one so large as is the case for most homes in our state of Hawaii.
The Lord commands us in Romans 13:8 to "Owe no man any thing..."
I know our life, work, (grown) children, etc. are here, but I would have so much more peace of mind if we could own a home more easily paid off - or even purchased outright.
Debt presumes upon the future:
James 4:13-14 "Go to now, ye that say, To day or to morrow we will go into such a city, and continue there a year, and buy and sell, and get gain: Whereas ye know not what shall be on the morrow."
Debt enslaves the debtor:
Proverbs 22:7 "The rich ruleth over the poor, and the borrower is servant to the lender."
Failure to repay is considered stealing - (Though I know one hopes for the best):
Psalm 37:21 "The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth.."
Numbers 30:2 "If a man makes a vow to the Lord, or swears an oath to bind himself by some agreement, he shall not break his word; he shall do according to all that proceeds out of his mouth."
Repayment of debt is mandatory:
Ecclesiastes 5:5 "Better is it that thou shouldest not vow, than that thou shouldest vow and not pay."
Debt symbolizes a lack of contentment:
Luke 12:15 "And He said to them, 'Take heed and beware of covetousness, for a man's life consisteth not in the abundance of the things which he possesseth."
Interest on debt - A waste of resources:
John 6:12 "So when they were filled, He said to His disciples, 'Gather up the fragments that remain, so that nothing is lost."
SEE BELOW FOR MORE INFO ON FINANCIAL FREEDOM:
And especially one so large as is the case for most homes in our state of Hawaii.
The Lord commands us in Romans 13:8 to "Owe no man any thing..."
I know our life, work, (grown) children, etc. are here, but I would have so much more peace of mind if we could own a home more easily paid off - or even purchased outright.
Debt presumes upon the future:
James 4:13-14 "Go to now, ye that say, To day or to morrow we will go into such a city, and continue there a year, and buy and sell, and get gain: Whereas ye know not what shall be on the morrow."
Debt enslaves the debtor:
Proverbs 22:7 "The rich ruleth over the poor, and the borrower is servant to the lender."
Failure to repay is considered stealing - (Though I know one hopes for the best):
Psalm 37:21 "The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth.."
Numbers 30:2 "If a man makes a vow to the Lord, or swears an oath to bind himself by some agreement, he shall not break his word; he shall do according to all that proceeds out of his mouth."
Repayment of debt is mandatory:
Ecclesiastes 5:5 "Better is it that thou shouldest not vow, than that thou shouldest vow and not pay."
Debt symbolizes a lack of contentment:
Luke 12:15 "And He said to them, 'Take heed and beware of covetousness, for a man's life consisteth not in the abundance of the things which he possesseth."
Interest on debt - A waste of resources:
John 6:12 "So when they were filled, He said to His disciples, 'Gather up the fragments that remain, so that nothing is lost."
SEE BELOW FOR MORE INFO ON FINANCIAL FREEDOM:
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