| Generally speaking, it's best to avoid debt as much as possible. After the Bible says it's best to lend out freely without needing to borrow for yourself (Deuteronomy 15:6). Of course, the Bible also says to forgive all debts after seven years. That's certainly antithetical to our current financial system. Our society relies on debt. According to the New York Federal Reserve's Quarterly Report on Household Debt and Credit, total household debt reached a record high of $17.05 trillion in the first quarter. Read More... | 
