Financial Hardship and Debt Help via Faith

by Naquan on December 11, 2009

Facing a severe financial hardship (whether that’s losing a job, filing bankruptcy, getting a repossession notice, having a ZERO balance in your checking’s account and etc) is tough – especially when it can potentially impact and change your life (and possibly others).  But know that you’re not alone.  God is with you and desires to help during a time of hardship and financial difficulties.

**For your convenience and because of the length of this post, I’ve broken it into sections:

Consult the Lord, Speak over your situation by faith, Support faith with action, Believing and Speaking God’s word + Faith + Action = Supernatural Results, Conclusion, Things to Remember

I’m experiencing financial hardship and difficulties; what should I do?

Consult the Lord

Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God (Philippians 4:6).

financial difficultyDuring a financial hardship crisis, one of the first things we have a habit of doing is operating under fear, worry, anxiety, depression and frustration.  Although this seems like a logical response, the Bible instructs us to give our worries, cares and financial burdens to the Lord.  1 Peter 5:7 says, “Give all your worries and cares to God, for he cares about you.”   God cares about you – yes you!

God even cares about your prosperity.  Psalms 35:27 states the Lord takes pleasure in the prosperity of His people.  God wants to prosper you.  He even says in his word that “those who seek [Him] will lack no good thing (Psalms 34:10) and He shall supply all our needs according to His riches in glory (Philippians 4:19).  God not only wants all your worries, but He also wants to care for you, prosper you, hold no good thing from you and supply all your needs according to His riches in glory.

Consult the Lord first and tell Him your financial hardship.  God wants to be involved in everything – even your finances.  If God wants to be involved, let Him.  Consult the Lord about your debts, bills and other financial obligations;  how can God help you if you never turn to Him?  Remember God owns every financial resource on this earth.  Pray and ask for clear instruction regarding your finances; and He will guide you.

Speak over Financial Hardship by Faith

Instead of speaking negatively and mediating on the negative effects of a recession, I encourage you to speak by faith (over your finances).  What is it you want God to do for you?  Speak out by faith what you’re believing God to do on your behalf (with the support of scripture).

There’s power in our words and there’s power in speaking the Word of God .  The bible states, “death and life are in the power of the tongue and they that love it shall eat the fruit thereof” (Proverbs 18:21).  Speak financial blessings, prosperity and wealth – even when your circumstances look the complete opposite of what you’re speaking and believing God for.  In addition to speaking, have faith and believe in God’s ability to do what you’re asking of Him.  Without the two, expect no results.

Here are a few examples of one speaking faith during financial hardship:

Hardship Scenario #1: Home Foreclosure: Response: “Father, I thank you Lord that you shall supply all my needs according to your riches in glory by Christ Jesus (Philippians 4:19).  I thank you Lord that you will work things out in my favor.  I may not understand all that’s happening in my life, but Lord I trust you.  I thank you Lord for the bigger and better house you have for me with my name on it.  I thank you Lord that this is only temporary and that you’re working things out for my good.

Hardship Scenario #2: Lack of funds to pay bill(s): Response: Father, I thank you that this bill will be paid off in Jesus name.  I thank you that I have more than enough money to not only pay this bill, but all my other bills as well.  I thank you Lord that those who seek the Lord will lack no good thing (Psalms 34:9-10).  I thank you that I lack no good thing – having more than enough to take care of all my needs and bless someone else too.  Thank you Lord that the wealth of the wicked is laid up for the righteous (Proverbs 13: 22).  I praise you in advance for financial increase and favor.

Hardship Scenario #3: Laid off from work: “Heavenly father, I thank you for blessing me with a better job that’s paying double the salary I had before. I thank you Lord that it is “[you] that gives [me] the ability to produce wealth” (Deuteronomy 8:18). I thank you Lord for favor, promotions and financial increase in Jesus name.”

By doing this, what are you doing?

  1. You’re acknowledging that God’s word supersedes everything – the recession, your bills, collections/repossession notices, bank statements, unpaid bills and etc.
  2. You’re making a decision to believe God over your circumstances.
  3. Putting into the atmosphere the word of God and His decrees.
  4. Speaking out by faith what is not as though it was.  Calling things to be as though they were.  Why? Because “faith is the substance of things hoped for, the evidence of things not seen” (Hebrews 11:1). Simply stated: your faith and ability to trust and believe in God will cause supernatural things to happen.

Support Faith with Action

When we speak the word of God over our situation does this mean to do nothing? No; The Bible says that faith without words is dead (James 2:20).  Meaning that you need to put action into what you’re believing God for.  A biblical example of faith in action would be the story of Abraham and Isaac:

“Don’t you remember that our ancestor Abraham was shown to be right with God by his actions when he offered his son Isaac on the altar? 22 You see, his faith and his actions worked together. His actions made his faith complete. 23 And so it happened just as the Scriptures say: “Abraham believed God, and God counted him as righteous because of his faith.”He was even called the friend of God. 24 So you see, we are shown to be right with God by what we do, not by faith alone” James 2:21-24.

As we see with the story of Abraham and Isaac, it’s not enough to just speak the word of God with no action behind your faith (anybody can do that).  You have to speak, believe, have faith and support your faith with action.

Because faith and action works together you must not only speak over your situation but do something as well.  Let’s look at two practical examples of faith in action:

1. Laid off and now your believing God for a high paying career:

Action(s) you may consider taking is: actively seeking  employment, going to school, improving and strengthening job skills, enrolling in job training seminars and etc.

2. In debt and believing God to make you debt free:

Action(s) you may consider taking it: money management budgeting (shopping on a budget), not spending more than you earn, using credit cards for emergencies only and etc.   What are you doing?  You’re showing God that you can be a good steward over your finances.  Why should God deliver you from debt if you’ll only continue to use your money unwisely?

**Side note: You cannot expect God to bless you financially if you’re not tithing; by not tithing, you are robbing from God.

Believing and Speaking God’s word + Faith + Action = Supernatural Results

In my own life, I have witness God move favorably on my behalf where finances are concerned.  God supplied the funds needed for me to go to college when I didn’t have the money and wasn’t eligible for financial aid.

During times of hardship when I didn’t have money to pay a bill I’ve witness God do the supernatural.  I’ve witness God make strange things happen that resulted in companies having to credit my bill instead of me paying them.

When you tithe, believe, speak over financial hardship ( bills, debt, lack of funds and etc) have faith and support your faith with action, God has shown me that He’ll take care of His people.

Does this mean I’ll never have financial concerns ever again? No;  but because God has shown me His helping hand I turn to Him whenever I’m concerned, nervous and experiencing financial hardship.


I want to encourage you today.  You may be experiencing financial difficulties but hold on and keep the faith.  Continue to speak over your finances using scripture.  Speak over your bills.  Speak over your debt.  Speak over your retirement funds.  Speak over your house.  Speak by faith over any and every hardship in the name of Jesus.  Jesus said that if you ask anything in His name He will do it (John 14: 14); ask and you will receive (John 16:24).  Just as a parent desires their child to ask them for help – the same is for our Heavenly father.  (Note:  God is not a genie.)

While decreeing and declaring, ask the Lord to move favorably on your behalf.  There will be times when you will feel weird and awkward decreeing and declaring God’s promises over debt and finances because you don’t see (with your earthy eyes) whats happening in the spiritual realm, but remember that we walk by faith and not by sight (2 Corinthians 5:7).  I encourage you to read radical faith – believing God for the impossible.

Be encouraged!  Don’t be weary, nervous, depressed or fearful (as God hasn’t given you the spirit of fear but power, love and a sound mind – 2 Timothy 1:7).  Know that even during an economic hardship God will sustain you. God did not make you (nor bring you this far) just to leave you.  For He cares for you, carries you in his hands and will save you.

Finial Words of Encouragement regarding Financial Hardship

Be encouraged and blessed. Remember to give your worries and hardships to the Lord because there’s nothing too hard for God- financial hardship, debt, foreclosures, money, NOTHING!

Pray even when it feels like God isn’t listening (because He is).  Know that before the foundations of the world, God already made provisions for you.  Your now doesn’t dictate your tomorrow.

Speak over finances and make a decision to believe God; not your job, money, or situation.  May God bless you, give you strength, favor and financial increase in Jesus name; Amen.

Important Things to Remember

  1. Consult the Lord regarding your financial hardship and debt.
  2. Speak by faith over your finances, bills, 401k, retirement funds and etc.
  3. Faith and action works together.  Speak, believe, have faith and support your faith with action.
  4. Know that you’re not alone – God is with you and wants you to help.  Bring your request and petitions to Him.
  5. In times of disaster (recession, financial hardship, etc) you will not wither; in days of famine (lack) you will enjoy plenty (Psalms 37:19).
  6. Last but certainly not least: you cannot expect God to bless you financially and lift financial burdens if you’re not tithing.  By choosing not to tithe you are robbing from God.  Read (Malachi 3:8-9)

Need Help with Your Personal Finances? is a great site for Christians seeking financial and debt help.  Below are a few links from the site I believe will help you as it applies to this post:

  • Bible and Money – Biblical scriptures on money
  • Debt and Tithing – Should you pay your tithes if your trying to get out of debt?
  • Getting out of debt – Read articles from a Christian prospective and learn techniques and ways to get out of debt.

Disclaimer: I am not a financial advisor nor do I give professional debt advice/help; however, I am a Christian and offer words of encouragement for those who are experiencing a financial crisis; therefore for professional assistance consult with a professional financial advisor. This post is for informational purposes only.

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