Read this verse:
Proverbs 15:27
27 He who is greedy for gain troubles his own house,
But he who hates bribes will live.
I had an interesting thought on this verse as I read it. How many homes are in trouble this morning for the simple reason of greed. When our grandparents were young they would save money until they had enough to buy something. The only thing they would borrow would be maybe for a portion of a home or maybe a portion of a car. Our generation wants everything it took a lifetime to get for our grandparents in three years! Today we borrow or put on a credit card because we are greedy and want everything right now! This mind set has put many homes in trouble. Look at how many foreclosures are taking place. Folks are trying to but things they cannot afford. If they don't have the money then put it on a credit card...which will likely put the nail in the coffin for your debt because of the outrageous interest rates they charge.
The second part of this verse tells us to stay away from bribes. When you really think about it a credit card it is a bribe in a way. They always make it sound so great and promise a low interest rate. BUT if you don't read the fine print you have just been bribed. For the fine print will tell you how the interest rate is only good for 1 year then it goes to so and so. Also if you miss a payment the rate sky rockets.
Folks take guidance from God...don't trouble your house. Save and buy when you have the money. Our nation would do good to learn this! Teach your children this and save them many troubles!
God bless....Tom
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