Lesson References Index

Lesson 5: January 28 – February 3

Dealing With Debt

(All Bible texts are in the NKJV Bible unless otherwise indicated)

Sabbath Afternoon

Memory Text: Proverbs 22:7

Proverbs 22:7

The rich rules over the poor,
And the borrower is servant to the lender.

Romans 13:7, 8

Render therefore to all their due: taxes to whom taxes are due, customs to whom customs, fear to whom fear, honor to whom honor.

Love Your Neighbor

Owe no one anything except to love one another, for he who loves another has fulfilled the law.

Sunday - The Debt Problems

Deuteronomy 28:1, 2
Blessings on Obedience

28 “Now it shall come to pass, if you diligently obey the voice of the Lord your God, to observe carefully all His commandments which I command you today, that the Lord your God will set you high above all nations of the earth.And all these blessings shall come upon you and overtake you, because you obey the voice of the Lord your God:

Deuteronomy 28:12

12 The Lord will open to you His good treasure, the heavens, to give the rain to your land in its season, and to bless all the work of your hand. You shall lend to many nations, but you shall not borrow.

Malachi 3:10, 11

10 Bring all the tithes into the storehouse,
That there may be food in My house,
And try Me now in this,”
Says the Lord of hosts,
“If I will not open for you the windows of heaven
And pour out for you such blessing
That there will not be room enough to receive it.

11 “And I will rebuke the devourer for your sakes,
So that he will not destroy the fruit of your ground,
Nor shall the vine fail to bear fruit for you in the field,”
Says the Lord of hosts;

Matthew 6:33

33 But seek first the kingdom of God and His righteousness, and all these things shall be added to you.

1 Timothy 6:6–9

Now godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out. And having food and clothing, with these we shall be content. But those who desire to be rich fall into temptation and a snare, and into many foolish and harmful lusts which drown men in destruction and perdition.

Monday - Following Godly Counsel

Matthew 6:24
You Cannot Serve God and Riches

24 “No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.

1 John 2:15
Do Not Love the World

15 Do not love the world or the things in the world. If anyone loves the world, the love of the Father is not in him.

Ecclesiastes 4:8

There is one alone, without companion:
He has neither son nor brother.
Yet there is no end to all his labors,
Nor is his eye satisfied with riches.
But he never asks,
“For whom do I toil and deprive myself of good?”
This also is vanity and a grave misfortune.

Psalm 50:14, 15

14 Offer to God thanksgiving,
And pay your vows to the Most High.

15 Call upon Me in the day of trouble;
I will deliver you, and you shall glorify Me.”

Tuesday - How to Get Out of Debt

Proverbs 22:7

The rich rules over the poor,
And the borrower is servant to the lender.

Hebrews 13:5

Let your conduct be without covetousness; be content with such things as you have. For He Himself has said, “I will never leave you nor forsake you.”

Wednesday - Surety and Get-Rich-Quick Schemes

Proverbs 6:1–5
Dangerous Promises

My son, if you become surety for your friend,
If you have shaken hands in pledge for a stranger,
You are snared by the words of your mouth;
You are taken by the words of your mouth.
So do this, my son, and deliver yourself;
For you have come into the hand of your friend:
Go and humble yourself;
Plead with your friend.
Give no sleep to your eyes,
Nor slumber to your eyelids.
Deliver yourself like a gazelle from the hand of the hunter,
And like a bird from the hand of the fowler.

Proverbs 17:18

18 A man devoid of understanding shakes hands in a pledge,
And becomes surety for his friend.

Proverbs 22:26

26 Do not be one of those who shakes hands in a pledge,
One of those who is surety for debts;

Proverbs 28:20

20 A faithful man will abound with blessings,
But he who hastens to be rich will not go unpunished.

1 Timothy 6:9, 10

But those who desire to be rich fall into temptation and a snare, and into many foolish and harmful lusts which drown men in destruction and perdition.10 For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows.

Thursday - Term Limits and Borrowing Points

Deuteronomy 15:1–5
Debts Canceled Every Seven Years

15 “At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the Lord’s release. Of a foreigner you may require it; but you shall give up your claim to what is owed by your brother, except when there may be no poor among you; for the Lord will greatly bless you in the land which the Lord your God is giving you to possess as an inheritance— only if you carefully obey the voice of the Lord your God, to observe with care all these commandments which I command you today.

Exodus 21:2

If you buy a Hebrew servant, he shall serve six years; and in the seventh he shall go out free and pay nothing.

Leviticus 25:3, 4

Six years you shall sow your field, and six years you shall prune your vineyard, and gather its fruit;but in the seventh year there shall be a sabbath of solemn rest for the land, a sabbath to the Lord. You shall neither sow your field nor prune your vineyard.

Ecclesiastes 12:14

14 For God will bring every work into judgment,
Including every secret thing,
Whether good or evil.

Friday - Further Thought

Ellen G. White, Counsels on Stewardship, p. 257

Be determined never to incur another debt. Deny yourself a thousand things rather than run in debt. This has been the curse of your life, getting into debt. Avoid it as you would the smallpox. 

Make a solemn covenant with God that by His blessing you will pay your debts and then owe no man anything if you live on porridge and bread. It is so easy in preparing your table to throw out of your pocket twenty-five cents for extras. Take care of the pennies, and the dollars will take care of themselves. It is the mites here and the mites there that are spent for this, that, and the other, that soon run up into dollars. Deny self at least while you are walled in with debts.... Do not falter, be discouraged, or turn back. Deny your taste, deny the indulgence of appetite, save your pence and pay your debts. Work them off as fast as possible. When you can stand forth a free man again, owing no man anything, you will have achieved a great victory.

Some have not come up and united in the plan of systematic benevolence, excusing themselves because they were not free from debt. They plead that they must first “owe no man anything.” But the fact that they are in debt does not excuse them. I saw that they should render to Caesar the things that are Caesar's, and to God the things that are God's. Some feel conscientious to “owe no man anything,” and think that God can require nothing of them until their debts are all paid. Here they deceive themselves. They fail to render to God the things that are His. Everyone must bring to the Lord a suitable offering. Those who are in debt should take the amount of their debts from what they possess, and give a proportion of the remainder.