Why You Should Not Borrow

Written by Uyoyou Christiana Charles-Iyoha

For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you. Deuteronomy Chapter 15 verse 6 

The Lord will open for you His good treasure house, the heavens, to give rain to your land in its season and to bless all the work of your hand; and you will lend to many nations, but you will not borrow. Deuteronomy Chapter 28 verse 12

But you shall remember [with profound respect] the Lord your God, for it is He who is giving you power to make wealth, that He may confirm His covenant which He swore (solemnly promised) to your fathers, as it is this day. Deuteronomy Chapter 8 verse 18

You are a lender to the nations. Why should a lender to the nations borrow especially when God says you will not borrow?  Secondly, the Bible says that God will give you power to get wealth. The Lord Who promises to give you power to get wealth will always ensure that wealth accrues to you so that you will always have more than enough to live on. But you must be productively engaged like the wise and faithful servants who received five and two talents each. They deployed the talents diligently and multiplied them. Beloved, if you are productively engaged in financially, mentally and spiritually rewarding activities, God will honor His word and bless all the work of your hands as stated in Deuteronomy Chapter 28 verses 12, 8; 30 verse 9, 24 verse 19, 23 verse 20, 16 verse 15, 15 verse 18, 10, 12 verses 7 and 18.  Additionally, God in His infinite mercies and wisdom will give you the wisdom you require to own unlimited financial resources so that you always operate in and walk in financial dominion. The Biblical King Solomon is a classic example.

Decisions Decide Wealth 2

Written by Uyoyou Christiana Charles-Iyoha

Borrowing is often a symptom of impatience and impatience usually births hasty actions such as borrowing at high interest rates. As much as possible, always seek the face of God before borrowing money. When the indebted prophet’s widow cried to Elisha, Elisha did not instruct her to borrow money to repay the loan that had culminated in debt bondage for her two sons. Instead, he asked her what she had at home. She replied that she had a jar of oil. That was all Elisha required - something the woman could hold on to and trade in for the very urgently required financial resources to offset her late husband’s debt so that her two sons would not go into debt bondage.

You may argue that Elisha asked her to borrow vessels. Beloved, those were resources she would need to house the multiplying oil to the capacity that would fetch the money to pay off the debt as well as generate sufficient money for her and her sons to live on. These vessels would also serve to package the oil for sale to her neighbours and as the oil was sold for money, the vessels would be returned to the owners. This way, she would access vessels at no extra cost and earn money from what she had.

Borrowing should always be at the clear leading of God and not necessarily the circumstances that appear insurmountable.

Build and Sustain Generational Wealth 2

Written by Uyoyou Christiana Charles-Iyoha

King David also had multiple income streams from tributes from the nations he conquered in battles, spoils of war. He was a warrior and made great wealth from the spoils of war and tributes from the nations he subdued. Significantly, David never relied on his physical strength or military prowess or strategy for defeating and subduing and conquering nations.  He relied on God for victory in every battle. God honored David’s dependence on Him and gave him victory at all times in addition to preserving him from destruction. Every battle strategy and victory came from God and David always returned the glory to God. It is also significant that David always consulted God before going for any battle. Despite several victories in battle, David never took it for granted to get into any battle without asking counsel, favor and direction from God. David’s strength was in his total reliance  and dependence on God. That was his own power  to get wealth and God added divine military strategies that gave him victory on all sides – he conquered and subdued nations all around him and they paid him tributes in addition to all the spoils of war. 1^st Chronicles Chapter 18 verses 6, 13, 1^st Samuel Chapter 16 verse 18.

King David was an extremely wealthy man in his time and nation but over time his children, great great grandchildren surpassed his wealth. Significantly, he was the father of King Solomon, the wisest and wealthiest king of his time. His wealth and wisdom surpassed the wealth and wisdom of other kings. He was the wealthiest king globally.

So also were Jehoshaphat and Hezekiah, other members of the Davidic lineage. How then did David, a shepherd boy who later became a warrior king make so much money that he gave one hundred thousand talents of gold , one million talents of silver, bronze and iron beyond measure, timber and stone for the building of the  temple? 1^st Chronicles Chapter 22 verses 14 to 16. This figure was later increased in 1^st Chronicles Chapter 29 verses 2 to 5.