Moneywise On Oneplace.com

The poet Ogden Nash once wrote, “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.”One thing’s for sure: getting into debt is much easier than getting out of debt, so the more you know about debt and credit, the better off you’ll be. Author Dr. Shane Enete joins us again today to discuss his take on that double-edged sword.Dr. Shane Enete is an Associate Professor of Finance at Biola University and the author of the brand new book, “Whole Heart Finances: A Jesus-Centered Guide to Managing Your Money with Joy.”Debt In God’s WordDebt is often used in the Bible as a metaphor for bondage, emphasizing its severity. Both Jesus and Paul liken redemption to being freed from debt, highlighting the spiritual implications of financial burdens. Debt restricts our ability to fully express our identity in Christ and live freely according to God's will.The biblical concept of Jubilee, where debts are forgiven, highlights God's desire for us to be free and return to our origin