The rich rule over the poor, and the borrower is slave to the lender. Proverbs 22:7 (NIV)
I wish I could tell you that I have always been good at saving money, but that is a discipline that was never taught to me as a child as we didn’t have money to spare.
Growing up I watched my mom pinch every penny to make sure her three children were fed and I am pretty sure that a lesson on money management was not on her parenting radar. So unfortunately when I had money, I spent money.
Fast forward a few decades, I now teach budgeting classes. I use the verse from Proverbs
The rich rule over the poor, and the borrower is slave to the lender. Proverbs 22:7 (NIV)
to teach men and women about the dangers of credit cards, we tote the note lots and cash advance places.
But now there is a new danger, especially to newly opened businesses, that I hadn’t given much thought to, until recently.
Being a newly registered business, when the junk mail started arriving, I just assumed I had gotten on someone’s list. I rarely open this type of mail but for some reason this letter caught my attention.
“DO NOT DISCARD”
Inside was a “pay to the order of” and in very fine letters, it read “this is not a check, it is a loan and by cashing it you are agreeing to our terms.” This made me go back and open the rest of the mail.
In a week’s time I had “checks” I could have cashed totaling over $100 thousand dollars.
What if I hadn’t known any better? What if I truly thought it was a gift? Stranger things have happened right?
The challenge would have been when all those loans had come due. They will get their money some way and truth be told, how many of us actually read all the terms and conditions?
When you sign your name and either cash or deposit that check, your payment plan starts and you become a slave to that lender.
And if all those checks weren’t bad enough, the pre-approved credit cards started piling up as well.
Here is my two cents: Don’t fall for the schemes of those who send you unsolicited mail. If you are in need of a line of credit or a credit card, talk with a financial advisor.
If you have already fallen prey, make a plan to get out from underneath that obligation as soon as possible. Whether that be by paying it off or coming up with a plan to pay it off quicker.
Don’t do it alone.
Find a coach to help keep you accountable and to get your cash flowing a different way.
There is also another verse in the Bible that I love, especially for new businesses.
Do not despise these small beginnings, for the Lord rejoices to see the work begin,
to see the plumb line in Zerubbabel’s hand.” Zechariah 4:10 (NLT)
And lastly the verse in Luke is great for business owners.
“If you are faithful in little things, you will be faithful in large ones.
But if you are dishonest in little things, you won’t be honest with greater responsibilities.
Luke 16:10 (NLT)
As he pulled out of the driveway part of her died. She was only a kid and didn’t understand why they couldn’t get along. Even though she was grateful he took her calls during the day, she knew there would be hell to pay if she was ever caught. Day’s turned to years before she would see him again. But finally the time had come. She was able to date. Her first date took her to see him. She was 16. Knowing it was too risky their meetings were few are far between. Again days turned into years. The time had finally come and she was free. She made the call and they were going to meet again. 
forgiving our self.
Also many may not think of this, but if you were hurt as a child, you may have carried these feelings with you into your adolescent years and now you may be directing deep-rooted anger at totally innocent people. You might not realize the true seed from which this anger has grown if from unforgiveness. These emotional outbursts or angry thoughts and actions are due to feelings that you have not addressed.
Fast forward a few more years. This once innocent little girl is now sitting before me in class asking how did I get here.