1. A Nation of Debt

2. US National Debt 1/31/13 16,433,791,850,294.04 314 million people $52,000 per person $146,000 per taxpayer

3. US Personal Debt Average consumer credit card debt $5-15k depending on source cited Student Loan debt outstanding $956 billion

4. US Personal Debt Average student loan debt 2011 $23,300 10% owe $54,000+ 3% owe $100,000+ Other personal debt

5. What does Bible say about debt? Is it a sin? Proverbs 21:20 Romans 13:8 Proverbs 22:7 Proverbs 22: 26-27

6. Does the Bible say that lending is bad? Luke 6:35 Deuteronomy 15, 28

7. My Debt Story $14,000 student loans $20,000 credit cards $6,000 engagement ring

8. Our Debt Story $10,000 student loans $6,000 credit cards $20,000 in car loans $150,000 mortgage We were approved for $310,000 mortgage and over $50,000 in credit cards

9. How does the Bible say to avoid debt? 1 Timothy 5:8 In order to provide for our own and others we must live within our means and budget

10. Repayment of Debt Psalm 37:21 2 Kings 4

11. Review Debt is not a sin, but is discouraged Lending is a sign of strength Repayment is expected Colossians 2:14

12. God’s Provision for Debt God made a provision to pay for our debt to Him