Download Lessons 11 to 12 - Church Leadership Resources

Freedom from Financial Bondage
I. What are some of the key words related
to the area of financial bondage?
A. Bondage (Exodus 6:5-7)
B. Slavery (John 8:33)
C. Subjection (Hebrews 2:14-16)
D. Debt (Romans 13:8)
E. Interest (Leviticus 25:35-37)
F. Borrowing (Proverbs 22:7)
G. Credit Buying
II. What is God’s desire in the area of
financial bondage?
A. God wants His people free (John 8:3036).
B. Jesus' ministry was designed to set the
captive free (Luke 4:18-19).
C. The Lord wants us to continue to walk
in freedom (Gal. 5:1).
III. What are the fruits of financial
bondage?
A. Bitterness and sorrow (Ex. 1:14)
B. Despair (Ex. 2:23-25)
C. Essential family needs unmet.
D. Always playing catch up, never having
control
E. Passing on a negative inheritance (Neh.
5:4-5)
F. Inability to hear the message of
deliverance (Ex. 6:9)
IV. What are the root causes of financial
bondage?
A. The Inability to trust God (Ps. 37:7)
B. Covetousness (Luke 12:15; I Tim. 6:10)
C. Greed (Eccl. 4:6; 5:10; II Tim. 3:1-5)
D. Lack of self – discipline
E. Over - indulgence (Pro. 21:17; Luke
15:12ff)
The definition of over-indulgence is
“irresponsible spending for items that
yield temporary satisfaction with little
utility.”
F. Lack of knowledge (Hos. 4:6)
V. What is wrong with borrowing from a
biblical point of view?
A. Borrowing puts you into bondage and
makes you a slave (Pro. 22:7).
B. Borrowing presumes on a future that no
one can know (Jam. 4:13-15; Pro.
27:1).
C. Borrowing removes our finances as a
major avenue of God’s confirming
guidance (Jam. 4:3).
D. Borrowing encourages a lack of faith in
God’s provision and ability to supply
(Phil. 4:19).
E. Borrowing keeps us from a necessary
dependence upon the Body o Christ (II
Cor. 8:13-15).
VI. What are some of the ways to get free
and stay free for debt and financial
bondage?
Our goal as Christians should be to be free.
In order to have our freedom we must be
willing to pay the price (Acts 22:27-28).
Each of the following steps will help us to
gain freedom. The more of these steps
that we can put into practice the more
freedom that we will experience.
A. In order to get out of debt:
1. Confess your fault and be willing to
forsake old ways (Pro. 28:13).
2. Determine not to incur any new debts.
3. Be willing to make sacrifices for the
sake of personal freedom.
4. Be willing to adjust your present
standard of living.
5. Consider the sale of certain nonessential items.
6. Cut up credit cards that are a
temptation to you.
7. Set up a realistic plan and to begin to
service all outstanding debts.
8. Enlist the help of God and expect His
assistance (II Kgs. 4:1-7).
B. In order to stay out of debt:
1. Establish a “pay as you go” system.
2. Pray about major purchases and submit
them to God’s will.
3. Do research and seek council
concerning major purchases (Pro.
18:15).
4. Seek to excel in your work.
5. Develop a strict budget for handling
regular finances.
6. Cultivate a spirit of contentment. Let
your four-fold motto be:
a. Wear it!
b. Eat it!
c. Make it do!
d. Thank the Lord for it!
7. Establish a monthly savings policy.
8. Become a tither and a giver.
C. Be careful of wrong solutions that may
carry heavier consequences.