Personal Finance Bible Verse Of The Day: Borrowing

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The rich rule over the poor, and the borrower is servant to the lender. Proverbs 22:7

To me this verse should give us a sense of caution. Remember, whenever you’re about to borrow money, you are now beholden to that person/instituation where you are borrowing from. It isn’t a good situation to be in, and you shouldn’t be there unless you really need to.
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Proverbs 22:7

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Last Edited: 28th April 2009
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