The latest statistics reveal some shocking numbers: approximately 80% of all American are in debt. This figure holds true across the board from Baby Boomers to Millennials. Because of this trend, current data predicts that as many as 73 percent of Americans will ultimately die in debt. Because about 50% of Americans identify themselves as evangelical/Protestant Christians, this means Christians are part of the equation. If that’s the case, debt is an issue the Church should not ignore.
As believers, we have a responsibility to transfer Christ’s teaching into our day-to-day living – including his teachings about money. So what does the Bible have to say on the subject of debt and all that comes with it?
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