Debt

Stewardship Well Done Journey

STEP SIX on the STEWARDSHIP WELL DONE JOURNEY is DEBT.

Pay off all credit card and consumer debt.

Proverbs 22:7 says “the borrower is slave to the lender”. Slavery is not God’s heart for his people. Credit card and consumer debt can create a cycle of perpetual dependency on credit.  We think of this as a lifestyle of debt. Credit cards are often used by people to live beyond their means. A quick tip: don’t put expenses on a credit card unless you have funds available to pay that off immediately. Heaps of consumer debt often reveals a lack of contentment. Take the time to figure out “what is enough” by building your budget in Step #2. Knowing what you truly need can help you exercise self-control when it comes to wanting more.

Some types of debt can be useful as leverage to achieve an important goal, such as a college education or a low-rate mortgage. In this step, we aren’t suggesting that you pay off your house or student debt before being able to save for the future. There are cases where a shared focus on paying down debt and moving forward financially can be possible.

Break the cycle of debt in your life by committing to a payment schedule that honors the obligation you have to your lender and gets you out of the payment cycle as soon as you can. That goes for consumer debt, credit cards, mortgages, etc. Commit to staying out of additional debt so you can remain free to give, save, and spend as God leads.

RESOURCES

Step 6: Small Group Guide

A Personal or Small Group Guide for debt.

Debt Article

Download and read our article about debt free living on your path to stewardship.

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Journey Brochure

View Stewardship
Journey Video

CONTACT US TODAY TO BEGIN THE CONVERSATION

We believe that with effective counsel and financial management, each person can multiply the impact of the resources entrusted to their care. 

Hours

Monday: 8:00am – 5:00pm
Tuesday: 8:00am – 5:00pm
Wednesday: 8:00am – 5:00pm
Thursday: 8:00am – 5:00pm
Friday: 8:00am – 4:00pm
Saturday: Closed
Sunday: Closed

FMF Financial Services

8050 Spring Arbor Rd
PO Box 580
Spring Arbor, MI 49283
(517) 750-2727: phone
(517) 750-2752: fax