Do rich people go to Heaven?

bèlla

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A lot of people judge others based upon the car they drive. Here's a thought experiment I wonder if anyone will consider with me.

Or you could live by the principles of Deuteronomy 29 and avoid the debts you referenced and achieve greater wealth as a result.

You will lend to many nations, but you will not borrow. The Lord will make you the head, and not the tail; you shall be only at the top, and not at the bottom.
 
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OldWiseGuy

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All fellow human beings. We are ALL made in God's image.

I think the brothers and sisters of Christ are the brothers and sisters in Christ. This is by no means everyone.
 
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SPF

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Or you could live by the principles of Deuteronomy 29 and avoid the debts you referenced and achieve greater wealth as a result.
My wife and I are blessed and are able to live entirely debt free. Unfortunately, I know of few others who live debt free. Do you?
 
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bèlla

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My wife and I are blessed and are able to live entirely debt free. Unfortunately, I know of few others who live debt free. Do you?

Yes. I’ve never had a mortgage or car note and don’t use credit cards. I was able to leave the workforce in my mid-thirties because I wasn’t beholden to creditors.

My family instilled the importance of living within your means. No one has ever filed bankruptcy, experienced foreclosure and eviction, or been sued by creditors. Our coffers are never depleted.
 
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Archivist

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Yes. I’ve never had a mortgage or car note and don’t use credit cards. I was able to leave the workforce in my mid-thirties because I wasn’t beholden to creditors.

My family instilled the importance of living within your means. No one has ever filed bankruptcy, experienced foreclosure and eviction, or been sued by creditors. Our coffers are never depleted.
I agree with you. I do have a mortgage, but I have enough in non-retirement investments that I could pay it off tomorrow if I needed to. I just like having the tax deduction.
 
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joshua 1 9

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Matthew 19:21 "Jesus answered, "If you want to be perfect, go, sell your possessions and give to the poor, and you will have treasure in heaven. Then come, follow me."

IF someone needs something more then we do then we should help them in their need. This should be an expression of our love for them. If we want to be perfected in God's love.
 
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Fantine

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Where are our values? Where are our priorities? What have we done with the gifts God has given us on earth?

The pleasures of heaven are different from earthly pleasures, and unless we have developed a different set of values based on love and relationships and compassion, heaven won't seem that 'heavenly.' We need to hold on to our possessions lightly to surrender ourselves and our lives to God.
 
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Fantine

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My wife and I are blessed and are able to live entirely debt free. Unfortunately, I know of few others who live debt free. Do you?

The Dave Ramsey courses seem to be very popular around here. I've also heard his radio show. I agree with some but not all of what he says.

I disagree with the debt snowball method. And obviously, if you could consolidate all your debt into a low-interest loan, that would be best. If not, I would eliminate the highest interest loan first.

I disagree with cutting up all your credit cards (of course, my husband made an excellent living in the credit card industry for twenty years, so I may be biased.) IF you can get to the point where you pay as you go, those cards can make you money. Our favorite card is the Sam's Club MasterCard with Synchrony Bank. 5% rebates on gas, 3% on hotels, airfare, travel, and restaurants, 1% on everything else, and no annual fee. If you do pay as you go, why would you turn down those benefits?

Some things require good credit (and our credit rating is in the 800's.) Children's orthodontia. Unexpected emergencies, like large car or home repairs. An emergency fund is ideal, but if you haven't gotten there yet, are you going to take the bus to work for months while you save for a car repair?

We were over budget on credit for a few years, after a job loss and a new job with a lower salary. We just took one of those balance consolidation loans from a credit card at 2 or 3%, and then put that credit card in a strong box so that no charges would ever appear on that card other than the loan. It took a couple of years, but we are now retired and debt free except for mortgages on two rent houses that are paid for by the tenants.
 
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bèlla

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I agree with you. I do have a mortgage, but I have enough in non-retirement investments that I could pay it off tomorrow if I needed to. I just like having the tax deduction.

I prefer investment property that funds (or functions as) the primary residence. When I look at real estate my immediate thought is how the property pays for itself. I’m always contemplating profits whether we’re addressing hobbies, memberships, etc. I’ve learned how to monetize my activities.
 
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