One Year Wisdom for Women Devotional
   Devotion for Sunday , September 08, 2013
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Selection Taken From:
The One Year Wisdom for Women Devotional: 365 Devotions through the Proverbs by Debbi Bryson

Discover how God addresses every single facet of your life through the powerful yet practical Book of Proverbs! Directly correlating with the readings of The One-Year Bible, this 365-day devotional will help you go deeper in your walk with God and learn how to live out the rich wisdom he provides in his Word. Copyright 2013.

Cosigners' Sadness

Don't agree to guarantee another person's debt
or put up security for someone else.
If you can't pay it,
even your bed will be snatched from under you.

- PROVERBS 22:26-27

Once again we see how the Proverbs address very practical areas of our life here on earth. Some people think the Bible only talks about spiritual things. They think when it comes to our everyday living, we just have to figure it out. Nothing could be further from the truth. The Bible has instructions on all matters, including finances and godly stewardship. Money matters do matter. And as part of good financial stewardship, this proverb instructs us to not get entangled in other people's finances.
     When you cosign for someone, you are legally responsible for the debt, default, or delinquency. Most people only need a cosigner because they really can't afford the loan. In those situations, you lose not only sleep but often the relationship of those you tried to help. If the loan goes sour, oftentimes, so does the relationship, which is the greatest loss of all.
     So what are some principles we can apply?
      If a friend or family asks to borrow money, it's best to loan no more than you can accept losing if they
       never pay you back.
      Live under your means so you are able to save for emergencies and hopefully never be in a position of
       looking to others to bail you out.
      As we conduct our lives in this world, in all things, including finances, we are to be as "wise as serpents
       and harmless as doves" (Matthew 10:16, NKJV).

Make It Personal . . . Live It Out!
As we look at this topic, some might think, Well that is hard-hearted. Aren't we to be generous and optimistic? Yes, but being softhearted does not need to make you '''i' soft-headed. If your son or daughter wants to start a business, offer to pay for some management classes, help with some of the setup, or buy a piece of equipment that is needed. You can cheer your child on without putting both of you at risk.

One Year Bible Reading
Isaiah 1:12:22; 2 Corinthians 10:1-18; Psalm 52:1-9; Proverbs 22:26-27

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