Should you go into debt to give?
No!
Greetings Prosperous Souls,
I’ve coached thousands of clients over the years. One question I’m asked is “is it okay to give if I’m in debt?”
The short answer is no!!!!! Get yourself and your home healthy first, then give. But first, let me explain.
Over generosity
Generosity is a core part of Jesus’ teachings, but it should never come at the expense of your own family. Scripture makes it clear that God wants us to provide for our loved ones:
“But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever.” (1 Timothy 5:8)
Giving when you’re in debt is a sign of the poverty spirit. It’s wonderful to give, but it’s also crucial to value yourself and meet your needs.
The Unintended Consequences of Debt
My son wrote about his issues with giving and debt in a previous blog. He explored how poor choices crippled his generosity.
Thankfully, my son and his wife have reached a much stronger position. Today, they can afford groceries, gas, and other necessities for people who are experiencing difficulty. But this change only occurred once they got their finances in order.
Getting Financially Healthy
Sacrifice is crucial. I understand the widow’s mite. But in this Kingdom culture, I want us to get healthy and steward what God has entrusted to us.
You have permission to value yourself and provide for your own needs. And what’s great about this? Once you improve your finances, your ability to give increases tenfold.
Don’t miss our live meeting this afternoon
This week, be encouraged: if you’re struggling with debt, know that God is not punishing you. Strategize how to strengthen your finances. When God brings you stability, honor Him with your first fruits.
If you have any questions, join our live discussion this afternoon at 3:30 PM (CA time). Download my free handout here.
God bless your Prosperous Soul,
Stephen K. De Silva
About: Stephen K. De Silva is an author, speaker, and financial mentor. From 1995 until 2017, he served as the CFO of Bethel Church, and a member of the senior leadership team. Stephen’s blend of experience, training, and gifting make him a pioneer in the subject of money. You can reach Stephen at hello@prosperoussoul.com