RCCG YAYA Sunday School Teacher Manual 19 January 2025 Lesson 21 - Topic: Debt Management

RCCG YAYA Sunday School Teacher Manual 19 January 2025 Lesson 21 – Topic: Debt Management

RCCG YAYA Sunday School Teacher Manual 19 January 2025 Lesson 21 – Topic: Debt Management

TOPIC: Debt Management (RCCG Sunday School Manual For Young Adults And Youths (YAYA)

OPENING PRAYER: Father, deliver me from the grip of debt. (Scroll down for RCCG YAYA Sunday School 19 January 2025)

PREVIOUS KNOWLEDGE: The teacher should allow the Assistant teacher to review the lesson for the previous week.

MEMORY VERSE: “Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear the Lord: and the creditor is come to take unto him my two sons to be bondmen.” – 2 Kings 4:1 (KJV)

BIBLE PASSAGE: 2 Kings 4:1-7 (KJV)

1 Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear the Lord: and the creditor is come to take unto him my two sons to be bondmen.

2 And Elisha said unto her, What shall I do for thee? tell me, what hast thou in the house? And she said, Thine handmaid hath not any thing in the house, save a pot of oil.

3 Then he said, Go, borrow thee vessels abroad of all thy neighbours, even empty vessels; borrow not a few.

4 And when thou art come in, thou shalt shut the door upon thee and upon thy sons, and shalt pour out into all those vessels, and thou shalt set aside that which is full.

5 So she went from him, and shut the door upon her and upon her sons, who brought the vessels to her; and she poured out.

6 And it came to pass, when the vessels were full, that she said unto her son, Bring me yet a vessel. And he said unto her, There is not a vessel more. And the oil stayed.

7 Then she came and told the man of God. And he said, Go, sell the oil, and pay thy debt, and live thou and thy children of the rest.

Also Read:
– RCCG Sunday School Teacher Manual 19 January 2025 – Be Hospitable

INTRODUCTION: Debt occurs when something, usually money, is owed by one party (the borrower or debtor) to a second party (the lender or creditor) especially when it becomes difficult to pay back what is owed. Debt is a common problem and has a way of growing faster than expected. Although the Bible neither expressly forbids nor condones the borrowing of money, we must however be wise (Proverbs 22:7).

LESSON AIM: To understand the concept of ‘debt management.’

TEACHING OBJECTIVES: Through this lesson, students should be able to: a. Explain the causes and effects of debt. b. Know how to manage or avoid debt.

TEXT REVIEW: 2 Kings 4:1-7.

This passage is the account of a widow, the wife of one of the sons of the prophet who was in debt. Read and summarise her encounter with the prophet of God.

Why did the widow cry to the Prophet?….V1.
The man of God asked her …………………V2.
What instruction did the Prophet give her in verses 3-4?………………………
Did she obey the instruction, what is the result in verses 5-6?……………………
Mention the three important instructions for her debt management in Verse 7.
(i)……………………….. (ii)……………………………. (3) …………

LESSON OUTLINES:

CAUSES AND EFFECTS OF DEBT
AVOID DEBT

1. CAUSES AND EFFECTS OF DEBT

A. Debt can occur through different means. Some of the likely causes are:

i. Poor money management skills (Luke 15:11-13).

ii. Lack of employment/underemployment (Proverbs 20:4).

iii. Health challenges (Luke 8:43).

iv. Failed business/reduction in income.

v. Living outside one’s means (1 Timothy 6:8-10).

vi. Gambling.

vii. Divorce/widowhood/single parenthood (2 Kings 4:1).

viii. Uncontrolled child-bearing.

ix. Unexpected emergencies.

x. Unfavourable economic factors/inflation (2 Kings 6:25).

xi. Impulse buying (Luke 15:13-14).

xii. Poor investment skill (Proverbs 23:5).

xiii. Misunderstanding of needs versus wants (Luke 15:13).

xiv. Laziness (2 Thessalonians 3:10b).

xv. Education cost, fraud, etc.

B. Some of the effects of debt are as follows:

i. Anyone who comes to the realisation that he or she has taken on too much debt becomes uncomfortable (2 Kings 4:1).

ii. The lender can torment the borrower (Proverbs 22:7).

iii. It can also lead to psychological or emotional breakdown.

CLASS ACTIVITY 1: What are the psychological effects of debts on the borrower?

2. AVOID DEBT

To forestall going into debt, believers should do the following:

i. Honour God with your substance – tithe, offerings, first fruits (Proverbs 3:9-10).

ii. Help the needy (Proverbs 19:17; 28:27).

iii. Develop a saving culture (Proverbs 21:20).

iv. Prepare a budget based on your actual income and actual expenses (Luke 14:28).

v. Avoid unnecessary spending (Proverbs 21:20). Do not spend compulsorily on what is not your primary need.

vi. Do not be lazy, find something to do (1 Thessalonians 4:11; Proverbs 6:9-11).

vii. Be satisfied with what you have (Proverbs 15:16; 1 Timothy 6:6).

viii. Seek financial counsel and invest wisely (Proverbs 15:22).

Any believer who is already in debt should do the following in addition to the points raised above;

i. Pray for divine intervention, then seek wise and godly counsel (Proverbs 24:6).

ii. Drastically reduce high lifestyle expenses (Philippians 4:5).

iii. Negotiate with your creditors for a possible review of the repayment plan (Luke 16:5-8).

iv. Be committed to paying back what you owe (Romans 13:8a).

v. Maintain discipline in financial matters (Proverbs 22:26-27).

CLASS ACTIVITY 2: What other steps can you take to avoid going into debt?

CONCLUSION: Borrowing should be avoided as much as possible. It should only be considered in the case of a profitable venture.

EVALUATION: State four ways debt can be avoided.

CLOSING PRAYER: I receive the wisdom to stay out of debt in Jesus’ name.

ASSIGNMENT: Identify five (5) benefits of avoiding unnecessary borrowing (2X5=10 Marks).

SUNDAY SCHOOL HYMN

O Sunday School, on the Lord’s day,
O how I love Thee well,
I am happy, it makes me glad
To rejoice at Thy birth.
O Sunday School, on the Lord’s day,
Thy friend friendship suits me well,
Both young and will sing Thy song,
We long for Sunday School.
O Sunday School, on the Lord’s day,
Christ was Thy first teacher,
The Holy Spirit, great teacher,
Does manifest in thee.
O Sunday School, on the Lord’s day,
This testimony is sure,
That God, the Father Almighty,
Poured His blessing on Thee
O Sunday School, on the Lord’s day,
Though the sun be so bright,
Or if the clouds be black with rain,
I’ll be in Sunday School.
O Sunday School, on the Lord’s day
I rejoice to see Thee,
Will thou pass over me today?
Without my being blest?

Open Heavens 2025 Daily Devotional guide was written by Pastor E.A. Adeboye, the General Overseer of the Redeemed Christian Church of God, one of the largest evangelical church in the world and also the President of Christ the Redeemer’s Ministries. The Open Heavens devotional application is available across all mobile platforms and operating systems: iOS, Android, Blackberry, Nokia, Windows Mobile and PC.

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