Leadership and debt
February 7, 2022
I’m Miriam Neff with Wise Women Managing Money-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Biblical principles on money for individuals apply to nations as well. Scripture states, owe no one any debt but the debt of love. Exceptions in Scripture are clear including collateral and repayment.
V Consider a nation that spends more than comes in and rolls larger debts onto future generations. Clearly that is poor leadership. Consider when Hezekiah subjected future generations of his people to slavery for peace in his lifetime. II Kings 20: 19 Consider Mordecai who worked for the good of his people and the welfare of all. Esther 10: 3.
M Is the leader looking out for the good of ALL, not just a select few? Is the leader stewarding finances well, not increasing future debt? Appropriate questions for us today.