Manage Your Money Well II – CAC Living Water Daily Devotional



Friday, January 29, 2021


Read Luke 6:26-30

MEMORISE: The rich rules over the poor, And the borrower is servant to the lender (Proverbs 22:7).

As we continue in this study, money management, we are to take the critical look at some other facts in managing our money in order for us to have financial freedom and avoid financial problem.
The next one is to avoid borrowing, especially for pleasure, luxuries or impression. If you begin to buy what you don’t need (i.e. wants), time is coming when you will need what you cannot buy. The Bible does not support act of borrowing as Romans 13:8 says, “Owe no one anything…” In the Old Testament, borrowing is a sign of curse and poverty (Deut. 15:6; 28:12). Psychologically and emotionally, a borrower is indeed a servant to the lender, because anytime you meet someone you owe money unexpectedly or you receive a phone call from him when you do not expect, you suddenly become trembled. Careless borrowing can ruin your business and financial life. Even if you want to use other people’s money (OPM) for running business, make sure you do your feasibility studies very well before you dabble into it. God can never support acts of borrowing for burial, marriage, socials, etc. (2 Kgs. 4:3,7).
The Word of God supports being a lender. The Scripture say, ‘You shall lend to many nations’ (Deut. 15:6; 28:12). Our Lord Jesus teaches us to do the same: ‘Give to everyone who asks of you…’ (Luke 6:30). The master even wants us to lend to others without expecting any return (Lk. 6:34). Having ability to lend to other, is a sign of blessing and richness in the Bible. It is not the Bible doctrine to lend to people with interest in mind (Exod. 22:25; Deut. 23:20; Prov. 28:8). But learn to lend to people with wisdom, if you have ability to do so. As we have money management in mind, avoid a kind of lending that can lead you to financial problem, if you are unable to get the money back in time or any longer. You are to always cut your coat according to your size.


  1. I break the covenant of borrowing to do good things in life, in Jesus’ name.
  2. I shall be a lender, not a borrower in Jesus’ name.
  3. Help us Lord to handle money matters with divine wisdom in our dealing with others.

EXTRA READING FOR TODAY: Exodus 10:15 – 12:3; Matthew 18:34 – 19:20

CAC Living Water Daily Devotional

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