No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon. Matthew 6:24
Where are your priorities? Up until two years ago, I was pursuing the almighty dollar, instead of God Almighty. A business failure and subsequent bankruptcy shook my wife and myself to our core and subsequently shook up our values.
But during these times, God got our attention. Jesus showed us how messed up our priorities were. Finally, we humbled ourselves, filed bankruptcy, and turned to God, completely and fully. Our debts were forgiven. However, we have had to learn to work with half of the income we originally had. Overall, this experience has enabled us to get our priorities straight, and as a result, I am more confident than ever God will see us through these times.
Our past will be the future for many in America who have invested themselves way too much in their pursuit of the dollar. They may have the nice house, the two cars, with toys and goodies galore. They may also have a mountain of debt they cannot keep up with, with usurious interest rates of 30% or more. And when their business slows down, or they lose their jobs, they too, will see no way out. But God will show you that way out.
There are financial planners that have been saying you can negotiate with your lenders for a reduced interest rate or negotiate reduced settlement amounts. However if you fail to readjust your priorities first, and put God first in all you do, including your finances, you will get sucked back into the same trap you got yourself into. If you put your finances in front of your God, your finances will keep you separated from God. Remember, our God is bigger than money.
Are you serving God, or money? Which would you rather serve? Is your debt blocking your ability to put God first? What do you need to do to reverse your priorities?