Day 10 - Escape the Debt Trap
My son, if you have put up security for your neighbor, have given your pledge for a stranger, 2 if you are snared in the words of your mouth, caught in the words of your mouth, 3 then do this, my son, and save yourself, for you have come into the hand of your neighbor: go, hasten, and plead urgently with your neighbor. 4 Give your eyes no sleep and your eyelids no slumber;
5 save yourself like a gazelle from the hand of the hunter, like a bird from the hand of the fowler.
+ - TSK Proverbs 6:1
To strike, or join hands, was an ancient form of entering into contracts in all counties and all ages.
But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. 10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
Add as much as you can to the payment of your smallest debt. When paid off, add its payment to your next smallest debt so that each payoff results in larger payments on the next in line. Continue until the last debt is zero.
Whoever puts up security for a stranger will surely suffer harm, but he who hates striking hands in pledge is secure.
Take a man's garment when he has put up security for a stranger, and hold it in pledge when he puts up security for foreigners.
Take a man's garment when he has put up security for a stranger, and hold it in pledge when he puts up security for an adulteress.