2. Managing Money in the Real World Understand the Danger of Debt

3. How much is the average household debt in the UK? £21,300

4. Avoid Debt Proverbs 22:7 The rich rule over the poor, and the borrower is servant to the lender. 1 Corinthians 7:23 You were bought at a price; do not become slaves of men.

5. Avoid Debt Proverbs 22:26 Do not be a man who strikes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.

6. Beware of the Debt Spiral How much is the average interest paid per household per year? £2,650

10. Beware of the Debt Spiral ‘Don't borrow trouble: borrow money and trouble will come of its own accord.’

11. Be Willing to Wait Psalm 130:5 I wait for the LORD, my soul waits, and in his word I put my hope.

12. Be Willing to Wait 2 Corinthians 9:8 God is able to make all grace abound to you, so that in all things at all times, having all that you need, you will abound in every good work.

13. Be Willing to Wait Psalm 50:10 “Every animal of the forest is mine, and the cattle on a thousand hills.” Job 41:11 “Everything under heaven belongs to me.”

14. Questions to ask yourself before borrowing: Do I really need this? Or is it just my greed motivating me? Is it really worth that price? Can I afford the repayments? What if I loose my job? Am I totally at peace? If married, do we both agree? Can my goals & values be reached another way?

15. Pay Off Your Debts Romans 13:8 Let no debt remain outstanding, except the continuing debt to love one another.

16. Pay Off Your Debts Proverbs 21:5 The plans of the diligent lead to profit as surely as haste leads to poverty.

17. Pay Off Your Debts Proverbs 15:22 Plans fail for lack of counsel, but with many advisers they succeed.

18. Master Your Money by Ron Blue. Raising Money Smart Kids by Ron & Judy Blue. Financial Tips for the Family by Keith Tondeur.