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Our Daily Bread Podcast

No More Debt

Our Daily Bread Podcast

Our Daily Bread Ministries

Devotional, Bible, Ourdailybread, Christianity, Dailydevotions, Biblestudy, Religion & Spirituality, Society & Culture, Dailydevotional

4.71K Ratings

🗓️ 2 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Helping you connect with God. Every day. Every way.  

Read along with today’s devotional: https://www.odbm.org/en/devotionals/devotional-category/no-more-debt 

 

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All Scripture from the New International Version, unless otherwise noted. 

 

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Transcript

Click on a timestamp to play from that location

0:00.0

He forgave us all our sins, having cancelled the charge of our legal debt.

0:06.1

Colossians 2. 13 through 14.

0:11.9

Welcome to this daily encouragement from Our Daily Bread.

0:15.8

No More Debt was written by Jennifer Benson Schult and read by Rochelle Troub.

0:21.8

Colossians Chapter 2, verses 13 through 15.

0:26.3

When you were dead in your sins and in the uncircumcision of your flesh,

0:31.2

God made you alive with Christ.

0:33.7

He forgave us all our sins, having cancelled the charge of our legal indebtedness, which stood against us and condemned us.

0:42.2

He has taken it away, nailing it to the cross.

0:45.8

And having disarmed the powers and authorities, he made a public spectacle of them, triumphing over them by the cross.

0:56.5

No More Debt, written by Jennifer Benson Schultt.

1:01.6

A doctor decided to retire after treating cancer patients for nearly 30 years.

1:07.8

While working with a billing company to resolve his clinic's finances, he opted to

1:12.7

forgive $650,000 of debt people still owed him. I've always been rather uncomfortable with sick

1:21.1

patients not only having to worry about their own health, the physician explained in a related

1:26.5

interview, but also their families and

1:29.4

their jobs and money. That's always tugged at me. Even if we've never been deep in financial debt,

1:37.0

all of us have experienced something similar in a spiritual sense. The Bible likened sin to debts.

1:48.5

It also says there's no way for us to repay what we owe God. We can't donate money to charity, serve others, or work out a deal with him to cover what we

1:55.4

owe. Jesus is our only hope. Colossians too says, through his death and resurrection,

2:04.6

Christ cancelled the charge of our legal indebtedness which stood against us and condemned us.

2:11.2

He has taken it away, nailing it to the cross.

...

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