Dave Ramsey

[Hayes]

If you cant pay cash for it, or have it paid of in full in seven years you cant afford it.

Out of curiosity, and I assume you are referring to a home, why 7 years?

No one does it hardly but I believe it is biblical not to owe a debt longer than seven years. Along with that best my memory serves is that if a lender has someone that has been in debt longer than 7 years he is to forgive that debt in full

[tbost]

No one does it hardly but I believe it is biblical not to owe a debt longer than seven years. Along with that best my memory serves is that if a lender has someone that has been in debt longer than 7 years he is to forgive that debt in full

I don't really follow what you are saying here. Are you saying it is sinful to hold debt for more than 7 years. I have heard that bankruptcies and bad credit are erased off of your credit report after 7 years but I haven't heard that a lender has to forgive debt after 7 years. Unless I am reading your statement wrong then that would mean houses couldn't be forclosed on after paying for 7 years. I am sure I am just reading it wrong but could you please expound on it a little more.

[Hayes]

If I remember correctly somewhere in the old testament I believe it talks about at the end of the seventh year the lender is to cancel all debt. Do places do this of course not!!!

In romans it talks over and over again about owe no one!!

Being in debt and the issue of debt has and will always be controversial in the church.

Am I saying it is a sin to be in debt, Absolutely not. I think what the bible was trying to tell us is not to let debt linger on and on, like alot of people do with credit cards, and other types of revolving accounts.

I think we serve a loving God, A god that understands that sometimes there is no other way but to go into debt. But I also know that the Bible does not say one positive thing about debt. I think that if we do go into debt it is important to work hard and try and be out of debt in a timely manner and not to let it just sit there (by paying minimum payments) .

When the bible talks about lenders forgiving debt, It is saying for lenders to do that as an example of what Christ did for us. I have been trying to look for this scripture but unable to locate it. I know its in old testament.

I have a hard time explaining what I am trying to say sorry I am sure I jsut confuse everyone.

[tbost]

I didn't realize that the last part of your statement was biblical also, but I get what point you are trying to make now.

[mudsucker]

If you cant pay cash for it, or have it paid of in full in seven years you cant afford it.

Out of curiosity, and I assume you are referring to a home, why 7 years?

No one does it hardly but I believe it is biblical not to owe a debt longer than seven years. Along with that best my memory serves is that if a lender has someone that has been in debt longer than 7 years he is to forgive that debt in full

Sounds good to me! Where do I sign up?

[lowbar]

Try Deuteronomy 15:1. It may be what u r talking about.

[Hayes]

Deauteronomy 15

this chapter is where it talked about lenders forgiving debtors

[Caller1]

Who is better off? Those of us that are listening to Dave and getting out of debt, or those of you that are banging your head against the wall doing the same thing that you have always done expecting something different?

Owe about $900 on the wifey's car and we are free except for the house! No credit cards, no student loans, no boat payment, fourwheeler payment, no unsecured debt.....

Hmmm, quakwacker, how would your life be in that scenario?

[Caller1]

MSB,

And someone PLEASE tell him to stop preaching that mutual funds will consistently make 10% per year.... he always forgets to talk about the taxes you have to pay on that gain

If you are paying taxes that means you are making money right? What would you have one do?

[Jordan River]

I been tryin to live like the bible says, since doin life my way I seem to screw up pretty good. Anyway, on the money side of my little life, I am debt free and am tithing ten pct of the First part of my income. I don't make a lot of money, but the opportunity to make money seems to be increased. I ain't making stupid decisions anymore. Example: I want a house BAD! Been looking. First house got took off market. Three houses can't get anyone to call me back! Ya think somebody's tryin to tell me something?? I do. I ain't got no money to put down on a house since I jus now got done paying off the debts. Ha, tell me there ain't no God. I know better cause I's sperienced Him, fellers! Seriously, don't you people who believe there is God think He can use Ramsey or anyone else to help folks, whether you like Ramsey's ways or not? I, for one, am very thankful my God used Ramsey to help me.

[triggerjw]

Congrats to all who have worked A plan and got out of debt, I'm on my way, but got a ways to go. I just think it'll be worth it when it is all said and done.

[cwink]

Got this in an email today..

Code: Select all

Don't you think that most people really want to be generous? We do! Around here, we believe that when people aren't giving to the church, it's not because they don't care or don't want to; they just can't—because they're broke! So instead of asking a congregation of broke people to give, here's a church that took a different approach.

Greg Hailey, pastor of Hillcrest Baptist Church in Bellefontaine, OH, said he knows FPU is truly making an eternal difference. They just started their second FPU course, and within a couple of weeks there has been a 30% increase in the weekly offering and similar increases in other areas! Can you imagine that? What could your church do for the Kingdom of God with extra resources like that coming in?

Plus, their undesignated funds were significantly higher this quarter than the same quarter last year. "There is no doubt in our minds that this increase is attributed to our great God using a great system called Financial Peace University," Gary said.

Instead of simply telling or asking people to give, this church is teaching them how and watching their generous spirits break free!

[featherduster]

"It will be easier for a camel to pass through the eye of a needle than a rich man pass the gates of heaven" but people pursue wealth everyday. Dave Ramsey is getting very wealthy by using the word of God to draw people into something that can be had for free. Common Sense.