In 2008, there was a market crash and economic recession that affected people around the world. The recession lasted for several years. However, I began to feel the effects of it in 2010. I didn’t have a regular 9 to 5 job. I was an investor! I had some investment income that was coming in, but all of a sudden, it stopped. At the time, I had about eight or nine open credit cards and lines of credit. I didn’t realize that my debt had climbed to over $100,000. I just made the minimum payments each month and kept it moving. But my income had stopped. So, I was forced to look at all my credit statements as they came in. It was a complete shock to find myself in so much debt! I couldn’t believe that I allowed myself to get in that position. I was anxious and worried, but I knew I had to find a solution. So, I began to pray. 

 

I was led to study the Bible concerning God’s truth about money, debt, and true wealth. I studied the Word for three years and found that there are over 2000 scriptures about money. I quickly learned that it is not God’s will for His people to be in debt. The Bible says in Romans 13:8:

 

“Keep out of debt. Owe no man anything but to love.”

 

I began to see clearly through the Word of God that debt is bondage and puts people in a place of servitude and oppression to the creditor. The Word says in Proverbs 22:7:

 

“The rich rule over the poor and the borrower is a slave to the lender.”

 

I also could clearly see that God desires His people to live in abundance and lack no good thing. I could see that being in debt was not only a serious financial issue but also a spiritual issue. The Bible says in Matthew 6:24:

 

“You can’t serve two masters. You can’t serve God and money.”

 

So, I vowed to get out of debt as fast as I possibly could. I learned to believe God and His promises for me. If I seek Him first and His kingdom and His righteousness (His way of doing things), He promised to supply all my needs. I began to educate myself concerning money and kingdom wealth. I understand that God desires for us to have wealth – so that we can be a blessing to others and to establish His covenant. The scripture says in Deuteronomy 8:18:

 

“Remember the LORD your God, for it is he who gives you the ability to produce wealth, 

and so confirms his covenant, which he swore to your ancestors, as it is today.”

 

Through TEAM Wealth Global, we desire to help people get out of debt and use their time, energy, and money in ways that are beneficial to building wealth!