Thursday, August 19, 2021

Debts

 What do people do when they pay off their debts or downsize their debt financially?  They often go and buy more stuff.  It is not that people like debt.  It is that they like "stuff."  I remember after I got out of grad school I had school debt and a car loan debt.  Month by month, I made a payment, and saved little.  One day the debt was all paid.  What did I do?  Start saving that money that went into paying the debt?  No.  I went and bought more stuff, spent the money on things, places, entertainment and saved nothing.  The bible has what is called a "Jubilee Year," when all debts are forgiven.  Why?  So that you can begin to be more generous to the poor.  Humm.  That never occurred to me.  

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