30 bible verses about borrowing money (With Explanation)

Today we will talk about bible verses about borrowing money. Borrowing and lending are common practices in our lives, and as Christians, it’s important to align our financial decisions with our faith. God invites us to seek wisdom in all aspects of our lives, including our finances. There is guidance in the Bible on how to approach borrowing money, whether it’s about being prudent, avoiding debt, or how to handle the money of others. Let us take a moment to delve into these verses and discover what God’s Word teaches us about borrowing and lending, encouraging us to make choices that honor Him and benefit our relationships. Please join us in reflecting on how these principles can apply to our daily lives.

Bible Verses About Borrowing Money

Understanding Debt

In our journey with Christ, we often find ourselves reflecting on what it means to be in debt. Debt can feel heavy and burdensome, and the Bible reminds us that we ought to approach borrowing with caution and wisdom. When we take on debt, we need to consider how it affects our daily lives and our relationship with God. Understanding the impact of borrowing money helps us approach our financial decisions more mindfully and encourages us to rely on God’s provision. It’s essential for us to evaluate the necessity of borrowing and seek His guidance in these matters.

Proverbs 22:7

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

Romans 13:8

“Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.” – Romans 13:8

Proverbs 21:20

“The wise store up choice food and olive oil, but fools gulp theirs down.” – Proverbs 21:20

Luke 14:28

“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?” – Luke 14:28

1 Timothy 6:10

“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” – 1 Timothy 6:10

The Purpose of Money

As we explore what the Bible says about borrowing money, we also need to reflect on the purpose of money itself. It serves as a tool for meeting our needs and sharing with others, and when we recognize that God is the ultimate provider, it helps us develop a healthy relationship with finances. Money shouldn’t rule over us; rather, we should view it as a resource entrusted to us by God that can lead to blessings for ourselves and for those around us when used wisely. When we understand the purpose of money, we can make decisions about borrowing with a clearer perspective.

Ecclesiastes 5:10

“Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.” – Ecclesiastes 5:10

Matthew 6:24

“No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other.” – Matthew 6:24

Philippians 4:19

“And my God will meet all your needs according to the riches of his glory in Christ Jesus.” – Philippians 4:19

Proverbs 3:9-10

“Honor the Lord with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.” – Proverbs 3:9-10

2 Corinthians 9:7

“Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.” – 2 Corinthians 9:7

The Importance of Planning

Planning is a vital aspect of our financial journey, and it is especially crucial when it comes to borrowing money. When we plan ahead, we give ourselves space to seek God’s guidance and avoid unnecessary financial strain. The Bible teaches us that thoughtful planning leads to wise decisions that honor God, and when we take the time to evaluate our circumstances, we can make more informed choices regarding our finances. Planning helps us set clear goals and gives us the confidence to manage our borrowing effectively.

Proverbs 15:22

“Plans fail for lack of counsel, but with many advisers, they succeed.” – Proverbs 15:22

Proverbs 16:3

“Commit to the Lord whatever you do, and he will establish your plans.” – Proverbs 16:3

Luke 14:31

“Or suppose a king is about to go to war against another king. Won’t he first sit down and consider whether he is able with ten thousand men to oppose the one coming against him with twenty thousand?” – Luke 14:31

Proverbs 24:27

“Put your outdoor work in order and get your fields ready; after that, build your house.” – Proverbs 24:27

Proverbs 27:12

“The prudent see danger and take refuge, but the simple keep going and pay the penalty.” – Proverbs 27:12

Lending and Generosity

When we think about borrowing money, we should also consider the beautiful aspect of lending. The Bible encourages us to lend generously and to help those in need. It’s essential for us to cultivate a spirit of generosity and kindness, recognizing that everything we have comes from God’s grace. When we lend to others, we not only provide assistance but also create opportunities for relationship-building and mutual support in the community. Our hearts should be positioned to bless others, understanding that generosity is at the core of God’s character.

Deuteronomy 15:7-8

“If anyone is poor among your fellow Israelites in any of the towns of the land the Lord your God is giving you, do not be hardhearted or tightfisted toward them. Rather, be openhanded and freely lend them whatever they need.” – Deuteronomy 15:7-8

Luke 6:38

“Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.” – Luke 6:38

2 Corinthians 9:11

“You will be enriched in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God.” – 2 Corinthians 9:11

Psalms 37:21

“The wicked borrow and do not repay, but the righteous give generously.” – Psalms 37:21

Proverbs 28:27

“Those who give to the poor will lack nothing, but those who close their eyes to them receive many curses.” – Proverbs 28:27

Borrowing from Others

When it comes to borrowing money, we need to approach it with humility and grace. Seeking help from friends or family can be a delicate matter, but when approached with sincerity, it can strengthen our relationships. The Bible instructs us to communicate openly and honestly about our needs, ensuring we foster mutual trust with those we ask for help. Recognizing that we are all part of God’s family encourages us to be there for one another in times of need and to lend support when possible.

James 5:16

“Therefore confess your sins to each other and pray for each other so that you may be healed. The prayer of a righteous person is powerful and effective.” – James 5:16

Galatians 6:2

“Carry each other’s burdens, and in this way, you will fulfill the law of Christ.” – Galatians 6:2

Psalms 119:105

“Your word is a lamp for my feet, a light on my path.” – Psalms 119:105

Proverbs 17:17

“A friend loves at all times, and a brother is born for a time of adversity.” – Proverbs 17:17

Proverbs 11:25

“A generous person will prosper; whoever refreshes others will be refreshed.” – Proverbs 11:25

God’s Provision and Trust

When we think about borrowing money, we must remember that God is our ultimate source of provision. It’s easy to get weighed down by financial worries, but we can find comfort in trusting God to meet our needs. The Bible teaches us that when we place our faith in Him, we can relieve ourselves of anxiety about our finances and recognize that God is aware of our circumstances. In our borrowing decisions, we should seek to honor God and trust that He will guide us through challenging financial situations.

Matthew 7:7

“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you.” – Matthew 7:7

1 Peter 5:7

“Cast all your anxiety on him because he cares for you.” – 1 Peter 5:7

Psalm 37:25

“I was young and now I am old, yet I have never seen the righteous forsaken or their children begging for bread.” – Psalm 37:25

Philippians 4:6-7

“Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, present your requests to God.” – Philippians 4:6-7

Matthew 6:31-33

“So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them.” – Matthew 6:31-33

Faithfulness in Repayment

As we navigate the complexities of borrowing, we must extend integrity to the actual process of repayment. Our faith teaches us to be honest and faithful in our commitments, for both to God and to those we borrow from. Making timely repayments reflects our respect and gratitude for the goodwill of others who have helped us. Living by these principles strengthens not only our financial integrity but also our witness as Christians. This demonstrates to others the love of Christ in action when we handle finances responsibly and thoughtfully.

Proverbs 3:27

“Do not withhold good from those to whom it is due, when it is in your power to act.” – Proverbs 3:27

Psalms 37:26

“They are always generous and lend freely; their children will be a blessing.” – Psalms 37:26

Ecclesiastes 5:5

“It is better not to make a vow than to make one and not fulfill it.” – Ecclesiastes 5:5

Proverbs 12:22

“The Lord detests lying lips, but he delights in people who are trustworthy.” – Proverbs 12:22

Luke 19:13

“So he called ten of his servants and gave them ten minas. ‘Put this money to work,’ he said, ‘until I come back.’” – Luke 19:13

Managing Resources Wisely

Finally, when discussing borrowing, we must consider the broader theme of stewardship. God calls us to be good stewards of the resources He has provided, including financial ones. This means that we should handle what we borrow with care and intentionality, ensuring that it is used wisely and aligned with God’s principles. By managing our resources effectively, we can minimize the need for borrowing and make decisions that honor God and serve our communities. Stepping into stewardship reflects our commitment to furthering His Kingdom and living a life of purpose.

1 Chronicles 29:14

“But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand.” – 1 Chronicles 29:14

Proverbs 10:4-5

“Lazy hands make for poverty, but diligent hands bring wealth.” – Proverbs 10:4-5

Matthew 25:21

“His master replied, ‘Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things.” – Matthew 25:21

Proverbs 13:11

“Dishonest money dwindles away, but whoever gathers money little by little makes it grow.” – Proverbs 13:11

1 Timothy 6:17-19

“Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.” – 1 Timothy 6:17-19

Final Thoughts

In sharing these insights about borrowing money through the lens of the Bible, we have unearthed numerous principles that can guide us through financial challenges. It is clear that managing our finances requires wisdom, responsibility, and a sprinkle of generosity. We are called to plan effectively, seek God’s provision, and remain faithful in our commitments. By doing so, we can build our confidence, strengthen our relationships, and deepen our reliance on God’s grace. Let’s embrace these lessons in our lives and remember that our financial decisions are not just about numbers; they’re an opportunity to reflect God’s love toward those around us.

As we continue to walk in faith, let’s lean on each other and share the burdens of financial struggles, understanding that we are part of a greater community bound together through our Savior. By holding tightly to His teachings, we will find a way to navigate the complexities of money with grace and faithfulness. We can trust in His plan and take heart as we work together to lift one another up, embodying the teachings of Christ in our lives.

May we discern how best to honor God through our financial choices and remember that every act of generosity, whether in borrowing or lending, is an expression of love. With a heart open to Him, we can foster a spirit of generosity and stewardship that reflects Christ to the world around us.

Further Reading

30 Bible Verses About Israel (With Explanation)

4 Ways to Encounter Grace and Truth: A Study on John, Chapter 4