What Does the Bible Say About Money and Debt?

Money is one of the most frequently discussed topics in the Bible—more than heaven and hell combined. Why? Because how we handle money reveals much about our priorities, values, and trust in God. Scripture provides practical wisdom and spiritual insight into both money and debt, offering timeless guidance for modern living.

1. Money Is Not Evil, but the Love of It Is.

One of the most quoted verses on this topic is:

“For the love of money is a root of all kinds of evil.” – 1 Timothy 6:10 (NIV)

Money itself is not condemned in the Bible—it’s a tool. But when our desire for wealth becomes consuming, it can lead to pride, greed, and spiritual emptiness. Jesus warned that we cannot serve both God and money (Matthew 6:24), challenging us to evaluate who or what truly reigns in our lives.

2. Stewardship Over Ownership

The Bible emphasizes that everything we have ultimately belongs to God:

“The earth is the Lord’s, and everything in it.” – Psalm 24:1 (NIV)

As stewards, we’re called to manage money wisely—using it to meet needs, care for others, and advance God’s purposes. This means budgeting, giving generously, and resisting the urge to waste or hoard.

3. Debt Is Not a Sin, but It’s Often a Burden.

While the Bible doesn’t call debt a sin, it consistently portrays it as something to be avoided when possible:

“The rich rule over the poor, and the borrower is slave to the lender.” – Proverbs 22:7 (NIV)

Debt limits freedom. It can strain relationships, increase stress, and reduce our ability to be generous. That’s why Scripture encourages people to repay what they owe (Romans 13:8) and to live within their means.

4. Generosity Reflects God’s Heart.

Jesus praised the generous, especially those who gave sacrificially (like the widow in Mark 12:41-44). Paul urged believers to give not out of obligation, but out of a cheerful and willing heart:

“God loves a cheerful giver.” – 2 Corinthians 9:7 (NIV)

Money becomes spiritually powerful when it’s used to bless others, not just benefit ourselves.

5. Trust in God, Not Wealth.

The Bible consistently reminds us not to place our security in wealth:

“Keep your lives free from the love of money and be content with what you have, because God has said, ‘Never will I leave you; never will I forsake you.’” – Hebrews 13:5 (NIV)

Financial health isn’t just about numbers; it’s about trust. When we rely on God rather than our bank accounts, we experience deeper peace and purpose.

Conclusion

The Bible doesn’t give us a financial plan, but it offers timeless principles: avoid unnecessary debt, be generous, trust God, and manage resources with wisdom. Whether you’re facing financial struggle or abundance, Scripture invites you to view money not as an idol—but as a tool for worship, compassion, and eternal impact.

If you want to get on a plan to get out of debt, save money, invest and live without debt, we recommend Dave Ramsey’s Financial Peace University.