The poor are always ruled over by the rich, so don't borrow and put yourself under their power.
This verses came up in the "dumping debt" lesson of financial peace university. I can't help but appreciate the wisdom of this proverb. Even though I've only just started working very hard to dump my debt (which some could say is not even significant), I'm already discovering the peace of knowing that the Lord is providing my needs for me with a job that allows me to pay bills, save, etc. I'm able to give, although not as much as I'd like, and learn to live within my means. Anyway, one thing I love about this proverb is that it was written in a time before bank accounts, credit cards, and loans.
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