Pastor Asks Dave Why Some Debt Is Okay
The Ramsey Show Highlights
Ramsey Network
4.5 • 839 Ratings
🗓️ 15 April 2024
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. Well, I had a question for you. |
| 0:08.2 | I'm actually a pastor over here at a small town church, and I just want to say I very much appreciate all that you do. |
| 0:14.5 | Thank you. |
| 0:14.9 | But one question that's come up for me is I often hear you use the phrase, the borrower is slave to the lender. And I definitely |
| 0:23.4 | agree with that principle in many ways. But then on the other end, I noticed that when it comes to a |
| 0:29.1 | mortgage, you are okay borrowing in that instance, which seems almost to betray that principle a |
| 0:36.6 | little bit. And I guess I was just curious on your reasoning as to why you think it's okay to borrow in that instance. |
| 0:43.5 | But then when it comes to something like a car, especially for someone like me, |
| 0:48.4 | I live a little bit in the country where I'm at. |
| 0:51.2 | So it's a little bit more difficult. |
| 0:53.2 | A car is almost a requirement. |
| 0:55.1 | Pastor, that is a wonderful question. Yeah. It's a really good question. Of course, you're |
| 1:00.6 | quoting the scriptures, Proverbs 22, 7, the rituals over the poor and the borrower is slave to the |
| 1:06.5 | lender. And this is a biblical principle that we're violating when we say it's okay to take out a mortgage |
| 1:13.7 | and that's your point and you're you're correct completely on that or when we tell people it's |
| 1:19.0 | okay to do that so are you 26 I'm actually like 31 31 I'd think about that for a second |
| 1:26.1 | okay that's okay you lose count around 30. |
| 1:28.3 | It happens. |
| 1:29.4 | So, yeah, I'm on the 34th anniversary of my 30th birthday. |
| 1:34.2 | But the, all right. |
| 1:36.3 | The, so the answer to your question is it is the only hypocritical advice we give on this show. It's the only thing that was hypocritical |
| 1:50.3 | we give on this show. It's the only thing we tell people it's okay to do that I never do. |
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