The world of finance teaches that borrowing money can be a high-risk, high-reward option. Scripture has some passages that seem to clearly warn people to be cautious about getting into debt.
Read the following Scriptures and write a thread of at least 250 words discussing what the Bible does and does not teach about debt.
At minimum, address the following questions:
What are some of the natural consequences of borrowing money?
What is “co-signing” a loan? What advice does the writer of Proverbs have about the wisdom of co-signing a loan?
What are the obligations of anyone who borrows money?
What is “co-signing” a loan? What advice does the writer of Proverbs have about the wisdom of co-signing a loan?
