The theme for MFM Daily Devotional February 15 2023 is ”Victory Over Indebtedness”
Here is today’s MFM daily devotional designed for your today’s spiritual refreshment. Kindly read today’s teaching by Dr DK Olukoya, meditate on the word of God and endeavour to act in accordance with them. As you start your day with God through his word, may he go before you to perfect all you have to do today.
Read MFM Daily Devotional February 15 2023.
SCRIPTURE: “The rich ruleth over the poor, and the borrower is servant to the lender.” – Proverbs 22:7
God does not want His children to be debtors (Romans 13:8). That is why, in Deuteronomy 28:12b, He said, “Thou shall lend unto nations and shall not borrow.” It is a blessing that God pronounced and conferred on obedient believers. Hence, the will of our all-sufficient God is that His children should live in abundance, not lack. He assured that even in the time of famine, His own children will be satisfied. Why then do some believers find themselves in debt? Some debts are so huge that the debtors die trying to pay back while some become bad debts.
The first reason some believers become debtors is that they do not know their rights and kingdom inheritance. You need to know that something belongs to you before you can claim or possess it. The will of God for you as a New Testament believer is that you lend to others and nations and not borrow.
The second reason is the poor knowledge of God’s word on the part of such believers as well as their failure to apply the principles that govern financial prosperity in His kingdom. You will continuously prosper as long as you apply those biblical principles. Some of such principles include the law of sowing and reaping, counting cost, resource management, goal setting, financial planning and prudence.
The third reason is stinginess towards God. Many believers who fail to pay their tithes, give offerings and first fruits only open their finances to devourers, the spirit of indebtedness and financial wastage. For this reason, many are caught in the trap of unexplainable financial losses, unending borrowing and diverse financial problems today. They close the heavens over their lives by their own misdeed and disobedience.
The fourth reason is some believers’ failure to effectively manage the resources God gave them. Many people are wasteful spenders and do to live within their income. The law of prudence requires that you should not eat with your ten fingers and should not consume your seeds. Rather, you should set part of your income aside for saving and investment. You should also cut out unnecessary spending and focus on needs not wants. Beloved, avoid spending money on frivolities, impulse buying and indiscriminate use of credit facility. Debt is avoidable. Be wise and disciplined! God has promised to bless His children abundantly.
- I break the covenant of lack and indebtedness, by the power in the blood of Jesus, in the name of Jesus.
- I break the curse of indebtedness operating in my life, in the name of Jesus.
- O God, bless me and make me a lender, not a borrower, in the name of Jesus.
- Doorway of indebtedness in my life, I close you now, by the power in the blood of Jesus, in the name of Jesus.
- Spirit of waste and desolation that leads to indebtedness, die and release me, in the name of Jesus.
- Father, deliver me from stinginess and open the door of prosperity for me, in the name of Jesus.
- I overcome the spirit of indebtedness, by the blood of Jesus and by the word of my testimony, in the name of Jesus.