The borrower is servant to the lender.
Much of Sabbath economics, on which stewardship coaching is based, is about being delivered from bondage. The teaching draws heavily on the account of God delivering the Israelites from bondage and establishing them in the promised land. Negative Capital is a fancy way of saying debt. As defined by Larry Burkett, debt exists when:
- Money, goods, or services are owed to other people with payments past due.
- The total of unsecured liabilities exceeds total assets (in other words, if a calamity took place, there would be a negative balance).
- Financial responsibilities produce anxiety.
With too much debt, one is too limited by duty to others to respond to God. Excessive debt can be a sign that you are presuming too much on the future and not expecting God to provide. The debtor is “… mortgaging his future time, energies, and assets for money or possessions he receives in the present.”
If you are in debt, you have no money. Any funds you spend actually have already been committed to somebody else. You are indeed in bondage.
We are drowning in a sea of debt. Individually, corporately, and on a country basis we have spent too much that will have to be repaid in the future. As Chuck Bentley of Crown Financial Ministries said in his talk “Famines Happen”, bad things do happen. It would not take much to happen individually, corporately, or as a country to create a repayment crisis.
Too much debt denies one freedom to follow God’s will.
Nothing symbolizes the magic power of the consumer revolution better than the birth of the credit card, introduced by the Bank of America in California in 1958 as the grand fulfillment of three Ds: debt, desire and democracy. What the credit card has done is transform our modern assessment of value. Value is no longer estimated by the ingenuity and sweat of the labor taken to produce something, but by the degree of satisfaction it promises its purchaser.
You were made to be free-freedom to pursue God. Budget techniques and programs have been developed for just about every situation. Let us help you get started on the road to financial freedom.
 Larry Burkett, How to Manage Your Money
 Randy Alcorn, Money, Possessions and Eternity
 Os Guinness, A Free People’s Suicide: Sustainable Freedom and the American Future