Hope Community Church
A weekly gathering of the saints: "And let us consider one another in order to stir up love and good works, not forsaking the assembling of ourselves together, as is the manner of some, but exhorting one another, and so much the more as you see the Day approaching." -Hebrews 10:24-25
"Debt Free" Week 1:
The Debt Trap - Debt is simply a symptom to a much bigger problem.
If debt is dumb why am I in it?
"Voluntary purchases today lead to involuntary consequences tomorrow."
If debt is dumb why are we in it?
Debt = the state of owing something to someone else.
Directing
Earnings
Before
Transmission
Doing
Everything
But
Tithing
US Debt Info for 2014:
1. In 2014, the government spent 3.5 trillion dollars and collected 3.0 trillion dollars.
2. 14 cents of every dollar spent was borrowed.
3. Every household would have to pay $145,000 to erase national debt.
4. Median income in US was $52,000. If a typical family mirrored Feds it would have spent $60,400 and racked up $8,400 in credit card debt.
"Voluntary purchases today lead to involuntary consequences tomorrow."
How Can We Crack the Debt Code?
A. Godliness
1. Godliness Defined
(1 Tim 6:1-5)
I Timothy 6:1-5 NKJV
1. Godliness defined
Godliness is the result of believing and behaving biblically.
2. Godliness Described
(1 Tim 6:6, 4:8)
I Timothy 6:6 NKJV
I Timothy 4:8 NKJV
3. Godliness Defended
(1 Tim 6:7-11)
I Timothy 6:7-11 NKJV
Steps Out of Debt:
• Choose your filter
• Know the facts about your stats
• Stop the bleeding
• Attack the stack
"Voluntary purchases today lead to involuntary purchases tomorrow."
