Excerpts Taken from Hostile Takeover – Manifesting God’s Plan and Purpose for Your Finances by Cedric Dukes.Order at www.CedricDukes.com
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Debt is the enemy of your finances and your future. There is nothing good about debt. Debt is not your friend. If you conquer debt, you conquer the age-old warfare of financial struggle. Debt is not God’s plan or His best for your life. It should be your ultimate goal to, one day, owe nothing to anyone.
Biblical Steps to Eliminate Debt
Step 1: Pray. Luke 11:9 – And I say unto you, Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you.
Step 2: Understand that we don’t have to owe anyone. Romans 13:8 – Owe no man any thing, but to love one another
Step 3: Compile a list of all your debts from the smallest to the largest in value to determine which ones to pay off. Luke 14:28 – For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it?
Step 4: Cut up your credit cards and keep one for an emergency or switch to a debit card to control your spending.
Step 5: If you owe a large debt and are having a difficult time, consider selling something in your household of value to pay off that particular debt. The breakthrough of debt is in your house! Proverbs 10:22 – The blessing of the Lord, it maketh rich, and he addeth no sorrow with it. 2 Kings 4:3-4, …Go, borrow thee vessels abroad of all thy neighbours, even empty vessels; borrow not a few. And when thou art come in, thou shalt shut the door upon thee and upon thy sons, and shalt pour out into all those vessels, and thou shalt set aside that which is full.
Step 6 – Occasionally help others to pay off debt. Luke 6:31 – And as ye would that men should do to you, do ye also to them likewise.
Step 7: Be patient. All debt will not be paid off instantly unless God decides to do so. Patience is the key. James 1:4 -But let patience have her perfect work, that ye may be perfect and entire, wanting nothing.
Order and read more on the biblical steps for your finances at www.CedricDukes.com