We need to keep our word. If we say we will do something, we need to do it. This is especially true in finances. A vow can be defined as a promise, a pledge, or a personal commitment. It can be verbal or it can be written (like a contract). When we make a vow to pay someone back for a loan – whether a relative, friend, or a financial institution, we need to keep that commitment.
It saddens me to read about people just walking away from their obligations, without giving a thought about how it impacts their reputation or character. “It is better that you should not vow than that you should vow and not pay” (Bible, Ecclesiastes 5:5).
There are consequences to our breaking of vows or pledges, and it runs deeper than just our pocketbooks. It impacts our character, and our reputation – something worth much more than silver or gold.
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I couldn’t agree more. No matter how tough things get, no matter how much inequity you might have ( house or car ), you must find a way to pay your debt. The bank lent you money in good faith, on your promise that you would pay it back. Once your word is given, then there really should be no other choice but to fulfill the contract to the end.
Thanks for sharing Llama Money! I appreciate you taking the time.