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R edemption:Life. Year of Jubilee. Redemption:Life. Debt and Stress are Bad ! Avg debt per household with cc: $15,788 Consumer debt: $2.42 Trillion as of June 2010 Penalty fees from cc in 2009: $20.5 Billion Avg APR on new card: 14.35% Balance of $500 at $20/ mo 29 months
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Redemption:Life Year of Jubilee
Redemption:Life • Debt and Stress are Bad! • Avg debt per household with cc: $15,788 • Consumer debt: $2.42 Trillion as of June 2010 • Penalty fees from cc in 2009: $20.5 Billion • Avg APR on new card: 14.35% • Balance of $500 at $20/mo • 29 months • $580 in total
Redemption:Life • The Year of the Sabbath • Leviticus 25:1-7 • Rest: Every 7 Years • Sabbath: Rest Every 7 Days • The Year of Jubilee • Leviticus 25:8-55
Redemption:Life • Year of Jubilee • Celebratory year • Make things right! • God redeems lives
Redemption:Life • Culture • Make bad decisions and either get bailed out or suffer for your whole life • Truth • This money is not yours, so be wise and God redeems finances • Response • Give God what is God’s