We need to be laser-focused on paying off debt.
Take every penny you can find and pay off debt.
Sell some stuff, work extra, and spend as little as possible to pay off debt faster.
My advice for starting a get-out-of-debt plan is to:
- Stop contributing to retirement plans
- Stop all savings except for gathering $1,000 in the bank for emergencies
- Don’t spend money on non-essentials
and continue until all non-mortgage debt is eliminated.
So the next question is “Should I tithe while paying off debt?”
He promises to bless us
God promises that if we obey his commandments and follow his instructions we will be blessed.
It might not be a financial blessing. He might bless us in the form of good health or preventing a car accident. Maybe it’s a promotion at work or wisdom.
But the biggest change takes place in our hearts. Giving, even just a tithe, takes the focus off of ourselves and puts it on someone else.
My wife and I have been giving a tithe to our church for over a decade – even while we were in debt.
I look back and see how much money we’ve given, not just in tithes but in offerings as well. I get a thrill when we donate money to Longmeadow Rescue Ranch or send an extra gift to our sponsored child in India.
If we never started tithing then we wouldn’t feel as good about our charitable giving.
Test God by tithing
Giving a tithe is not in the ten commandments, but it is in His instructions booklet for becoming a sold-out believer.
God challenges us to tithe. Yes, he CHALLENGES us to give 10% to our local church:
“Bring the whole tithe into he storehouse, that there may be food in my house. TEST ME IN THIS,” says the Lord Almighty, “and see if I will not open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it” (Malachi [3:10]).
- There was no exception for the poor
- There was no disclaimer for special situations
- He asks for the same amount regardless of income or wealth
If God says tithe then we should be faithful – even tithe while paying off debt.
Don’t worry. He’s got ‘ya covered.
Thank God it’s only 10%
God only asks us for 10% – whether we make $10,000 a year or $1,000,000 a year.
My family has been blessed along the way and we will continue to tithe. Besides, it’s only 10%.
Want to learn more about tithing while paying off debt? Listen to this podcast episode