Co-Sign A Loan? Uh, No!

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Why do bank’s or other lenders want co-signers?

Because they’re pretty sure they’ll need one!

Banks and other lenders are in the business of making money.  If they lose out too often, the go out of business.  So, when they are concerned about someone who wants a loan for a car or just about anything else, they’ll ask for a co-signer.

What they’re saying is they EXPECT it’s pretty likely the person taking the loan WON’T PAY IT BACK!

And when that happens, the co-signer is on the hook.  It protects the bank; not the person borrowing!

Did you know the Bible actually says it’s STUPID to co-sign or guarantee someone else’s loan?

It does!

Don’t co-sign a loan for anyone, for anything.  It’s “stupid,” “poor judgement” and “poor sense.”

Don’t believe the Bible says that?  Take a look.

For more really, really good advice on staying out of debt, building wealth and being generous, take a look at Dave Ramsey’s website.  It’s got tons of good information.

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Scripture link:  Proverbs 17:18 (Yea, it’s in the Bible!)
Photo credit:  Pixabay.com

Shut Up

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SHUT.   UP.           Yes, you.          STOP TALKING.

I know, I know.   That seems like an odd thing for a pastor to say.

Well, I’m not a typical pastor.

And honestly, an opening line and title screaming SHUT UP is mostly designed to get your attention. It’s marketing, for lack of a better word.

And now you’re reading this, so it seems it worked.

Although you might think I was screaming SHUT UP to you, I might as well be talking to myself.   Because I have, upon occasion, been not unfairly accused of enjoying the sounds of my own voice.

Despite occasionally having diarrhea of the mouth, there is a wonderful quote I have always liked that is often attributed to President Abraham Lincoln, though I couldn’t find a clear and credible source verifying he said such a thing.

I paraphrase it this way: “Better to shut up and have everyone assume you are a fool, than to open your mouth and remove all doubt.”

As funny as I think that is, I also think there is a wonderfully wise message contained therein.   And that is very simply, we often do better by listening than by talking.

We can show people we care by simply listening to them.

We don’t have to have something witty to say in return; we don’t have to be able to solve whatever problem we are hearing about.

Just listen.

Take a few minutes and listen.

You’ll be amazed at not only what you learn, but how you can better connect with people.

Scripture link:  Proverbs 17:28  (Amazing, huh?  Yea, it’s in the bible.)
Photo Credit:  Pixabay.com