Wednesday, August 31, 2022

Deuteronomy 23:19-20 Funny Math

 19Do not charge your brother interest on money, food, or any other type of loan. 20You may charge a foreigner interest, but not your brother, so that the LORD your God may bless you in everything to which you put your hand in the land that you are entering to possess.


“But since merchants from other nations might come for business reasons to Israel, or make loans on interest to Israelites, foreigners could be charged interest.” (Kalland)


Funny Math

Recently when I paid a credit card bill I looked at the statement wrong and was $0.56 cents short. When my next statement arrived the interest on $0.56 was $1.83

How can anyone who carries a monthly balance pay it off with the banks funny math calculating the interest? I believe it’s designed that way on purpose, simple interest is a thing of the past. 


If your stuck in credit card debt, seek help to get out of it. Dave Ramsey has tools available which may help. Some churches use his program to teach you and help you get out of debt.

Blessings 


https://www.ramseysolutions.com/debt/excuses-to-keep-credit-cards




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