Apostle Francis Amoako Attah, founder and chief of Parliament Chapel Worldwide (PCI), has issued a powerful warning to believers concerning the risks of careless borrowing, urging Christians to strategy lending with self-discipline, readability of goal and monetary knowledge.
The cleric preached on what he referred to as the “thriller of borrowing,” warning that individuals ought to by no means borrow cash casually or and not using a clear plan for reimbursement or productive use.
He burdened that people have to keep away from what he referred to as “dangerous loans,” arguing that borrowing and not using a clear funding goal usually results in monetary hardship.
“Do not burden your self with dangerous debt. Make investments properly and do the precise factor,” he informed the congregation, including that these in search of loans should first have a transparent understanding of what the cash can be used for and the way it will generate income.
In response to him, borrowed funds ought to all the time be handled with strict accountability and as such cash doesn’t belong to the borrower, it have to be dealt with with self-discipline.
“It is not your cash so you must make investments it properly and never misuse it,” he warned.
The preacher additionally drew a Biblical analogy by mentioning the Biblical story of Obadiah, who used borrowed assets to help a hidden prophet in the course of the time of Jezebel persecution.
However he used the instance to emphasise that even well-intentioned borrowing have to be finished with knowledge and accountability, warning {that a} lack of planning may flip assist right into a long-term monetary burden.
Apostle Amoako Attah additionally suggested towards utilizing loans for unproductive functions together with impulsive spending and donations with out monetary capability.
He argued that loans ought to solely be taken out if there’s a clear income-generating plan to help reimbursement, particularly in formal monetary establishments akin to banks.
“If you do not know what to do with the cash, do not rush to ask for a mortgage from the financial institution,” he warned, urging Christians to train self-control and monetary foresight.
Since then, this sermon has sparked conversations, particularly amongst younger professionals and small enterprise house owners, about debt administration, monetary self-discipline, and the rising stress on private loans in trendy society.
