Exploiting The Vulnerable 2

I’m Miriam Neff with Wise Women Managing Money, and I’m Valerie Neff Hogan.

M Scripture tells us not to exploit a brother or sister, I Thessalonians 4:6.  This means don’t take advantage of someone in order to profit for ourselves.  Who are those who are vulnerable to exploitation? 

V Those who have debt. They are tired of the tension of debt, the costs of a low credit score.  They are tempted to grasp at attractive options like payroll loans, or smooth talking saying, we’ll share your energy costs; spread them out type options. They’ll say, ‘We just need your bank information.’

Folks the solution is this.  Don’t take on debt. Rarely is it justified. A home mortgage, yes, with the limits of your income. 

M Do the diligent work to reduce debt. Debt free is indeed freedom.