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Gather all your outstanding debt. Put them together in one place.

We are going to pray over them next week.

Joel 2:25-26 MEV

And I will compensate you for the years the locusts have eaten— the larval locust, the hopper locust, and the fledging locust— My great army which I sent against you. You will eat abundantly and be satisfied, and you will praise the name of the Lord your God, who has worked wonders for you; and My people will never again be shamed.”

We said that we are making a decision to stop living from paycheck to paycheck, making never-ending payments to lenders and being subject to them. I am tired of living from paycheck to paycheck, how about you? If you are facing a small debt or a mountain of debt, then you need to know that there is no condemnation. If you are in a debt situation, then we need to get rid of all condemnation and go to a place of faith because you and I are on our way out. We must get on the road to debt freedom and not stop until we get there. We must stop seeing ourselves as the borrower. Start seeing yourself as the lender, the giver, the blessed, as God’s distribution centre. It is God’s will for every one of us to live debt free lives. Jesus came to set us free from the spirit of debt and to no longer be slaves to any lender.

Jesus is our Jubilee

Luke 4:18-19 NKJV

“The Spirit of the Lord is upon Me,
Because He has anointed Me
To preach the gospel to the poor;
He has sent Me to heal the brokenhearted,
To proclaim liberty to the captives
And recovery of sight to the blind,
To set at liberty those who are oppressed;
19 To proclaim the acceptable year of the Lord.”

20 Then He closed the book, and gave it back to the attendant and sat down. And the eyes of all who were in the synagogue were fixed on Him. 21 And He began to say to them, “Today this Scripture is fulfilled in your hearing.”

To preach the acceptable year of the Lord – refers to the year of jubilee – the fiftieth year, when the trumpet was blown, and through the whole land proclamation was made of the liberty of Hebrew slaves, of the remission of debts, and of the restoration of possessions to their original families, Leviticus 25:8-13. We don’t have to wait for 50 years anymore. Jesus is now our Jubilee. He said, “Today, this scripture is fulfilled”. Your jubilee is today. Your debts can be cancelled today. Your possessions must be restored today. Today, I want to talk about some steps that we must take to come out of debt. Firstly, let me start by reading this Prophetic Word again. Pay special attention to the conditions and the promises.

Word from the Lord through Kenneth Copeland at the West Coast Believers’ Convention, Monday, July 9, 2007

The manifestation of The Blessing is at an all-time high. You are approaching a “Blessing manifestation of glory” that is an explosion in ways and intensity that the human race has never seen before. The Blessing will surround you. The Blessing will incase you. You will learn to walk in the secret place of the Most High God, blessed in His Blessing, blessed in His glory, blessed in your comings, blessed in your goings and blessed in your pocketbook.

All debt will have to get up and leave you the way leprosy left the lepers of old. Debt is financial sickness. It is financial leprosy. It is an attempt to do with the natural world’s monies and abilities what I created The Blessing to do for you. Only, it is a burden and not a blessing. Debt is part of the curse. If you will begin to confess the Word, you will be shocked and thrilled at how quickly you will have the glory arise and drive the debt out of your life. If you will bring your tithe to Me and spend time with Me, tithing that tithe to Me, I will teach you and I will train you and I will show you how to be debt free.

I will bless you beyond your means. I will bless you beyond your income. I will bless you beyond your salaries. I will bless you beyond anything you have ever known before. I will show you things that you have never heard of before. You will take advantage of those things and be financially blessed. I will bring such a financial blessing upon you that you won’t have any idea where it came from. It has come to an explosive place. I am ready, saith the Lord, if you will begin to confess it, walk in it and make it a priority in your life. Then, the glory will manifest in the midst and you will give Me praise. I will come and visit you and together, we will have a grand time.

  1. Make a Quality Decision

Like any spiritual victory, becoming debt free begins with a decision. Being born again and receiving Jesus as Lord and Savior is a decision. Walking in the light of His truth and following righteousness is a decision. Forgiving and loving others is a decision. Likewise, becoming debt free is also a decision. It may not seem like it’s in your control to even make that decision. It may seem like money is the one calling the shots. But that’s just a lie of the devil. YOU have dominion—you have control by the authority and grace of God. Now, it’s up to you to make a quality decision to live debt free for the rest of your life. You are only one decision away from your debt freedom.

What is a quality decision?

Well, it isn’t just a nice idea you hope to achieve. It isn’t something you give yourself the option of abandoning. A quality decision is one that settles the issue forever. That means it is no longer an option to go to the bank and borrow money—that’s over. You don’t do that anymore. Once you’ve made a quality decision, there is no retreat and no turning back, no more room for debate or argument—it simply doesn’t come to the table anytime you discuss what you’re believing for. Let’s face it—you’ll have plenty of opportunities in the future to be tempted to borrow money. It seems quick and easy, “everyone” is doing it, and you might even think you’ll never be able to acquire what you need without going into debt. A quality decision protects you from compromising—it forces you to stand in faith, to live by the Word of God, and to conquer every financial mountain with an overwhelming victory—one that can only be enjoyed without taking on debt. If you are in debt right now, and you are seeking to pursue and achieve a debt-free life, remember—there is no condemnation. God does not want you to live in guilt or shame over past mistakes.

Kenneth Copeland once said, “The moment you make the quality decision to be debt free, God sees you debt free.”

When God sees you debt free, He will meet you at your quality decision with the supernatural. Things will begin to shift in your financial situation, as you stand firm in your resolve to become and remain debt free.

  1. Get Into a Covenant Agreement

When you sign your name on documents to borrow from a financial institution, you are coming into a covenant agreement— with the bank, and with people you likely don’t know, who have ties or values you’re probably not aware of. Yet, you are tying yourself spiritually to that institution and to their ties and values.

More importantly, as Kenneth Copeland says, “Borrowing is a replacement covenant. It is going to someone else when you should have gone to God.”

To live debt free, you must come to a place where you see God as your Source—not people. Meditate on continually and say repeatedly—“God is my Source.” Let this become so real in your spirit that you no longer think of your income, your job, your bank account or a loan as your source. God is your Source. His will for you is debt freedom—settle that in your heart today, and let Him be your one and only Source, your Master Financier. He will get money to you.

While you don’t want to be in covenant with the bank, an important step toward debt freedom is coming into covenant agreement with your spouse or someone who will stand with you in faith to remain debt free.

Matthew 18:19 NKJV

If two of you agree on earth concerning anything that they ask, it will be done for them by My Father in heaven.

Learn How to Write an Agreement to Become Debt Free here.

Pdf: Prayer of Agreement 

When you stand in agreement to live debt free, you are believing and agreeing to fulfill God’s will for you (Romans 13:8).

Show them mine and Lorna’s one that we wrote out.

3. Allow the Spirit of God to Lead You

As you continue in this new venture toward a debt-free life, a critical part of the journey is to seek God’s wisdom and allow the Spirit of God to lead you.

Begin by committing one to three days to pray about God’s wisdom concerning your finances. Pray about your situation in tongues until you know what to do.

Proverbs 4:7 NKJV

Wisdom is the principal thing; therefore get wisdom. And in all your getting, get understanding.

“The wisdom of God is your ticket out from under the curse.” (Gloria Copeland)

Your debt-cancellation plan should not create unnecessary pressure on you—it should be wrapped up in God’s wisdom. When the pressure starts, press toward peace—resist the temptation to become impatient.

Stay with it until you are out of debt. God sees the complete picture. So relax by faith and press into the wisdom of God to know HOW to get out of debt. You don’t need to figure out a natural plan—He will tell you what to do.

When God’s wisdom is known, the peace that passes understanding takes over. Deadlines won’t mean anything to you, and the situation will begin to look easier and easier.

Begin by speaking the following:

Say this…

  • God has a Spirit-led debt-cancellation plan for me (Jeremiah 29:11)
  • I receive God’s plan by faith—and I do not doubt (James 1:5-8)
  • God’s plan comes out of the realm of the spirit—not the natural (1 Corinthians 2:9-10)
  • I have the ability to hear God’s plan (Psalm 85:8)
  • I am obedient to God’s plan. Whatever He tells me to do, I will do it (Isaiah 1:19)!

As you listen for the Spirit of God, you will begin to see Him work. Keep an eye out! Keep listening for God, follow what He says, and watch for the supernatural.

  1. Stay in a Continual State of Sowing and Reaping

In order to increase your receiving, you have to go to a higher level of giving. This is a spiritual law, and a critical step you need to take if you want to live a debt-free life.

In the natural, spending more money won’t work. But with God, you can give your way out of debt!

Many people make the huge mistake of discontinuing their tithing and sowing when trying to get out of debt.

Did you hear that? You are making a huge mistake when you discontinue your tithing and sowing. Don’t do it.

It seems like the “logical” thing to do. But debt freedom is dependent upon staying in a continual state of sowing and reaping.

When we honor the Lord with our tithing and giving, we are candidates for overflow.

Proverbs 3:9-10 NKJV

Honor the Lord with your possessions, and with the firstfruits of all your increase; So your barns will be filled with plenty, and your vats will overflow with new wine.

When you get an increase or an unexpected bonus, blessing, harvest, honor the Lord by giving first what belongs to Him.

When you need money, giving more away doesn’t seem like a good idea! But obeying God is always a good idea.

At RFLC we sow the first 10% of all that comes in. The laws of sowing and reaping were at work and succeeding.

As you set out to become debt free, open your spiritual ears to hear where and how much God wants you to sow for your harvest.

As Jerry Savelle says, “When you talk to the Lord about your need, He will talk to you about sowing seed.”

As money begins to come to you, (I said, as money begins to come to you. I said, as money begins to come to you. Money is coming to you).

As money begins to come to you, sometimes the Lord will instruct you to put money toward your debt, while other times He will direct you to sow. His plan is perfect!

So, tune in and listen to His instructions—don’t assume what you should do. He wants to bless you beyond your income, your salary and your natural means—beyond anything you’ve ever known.

No matter what: Do not quit giving, do not quit sowing, do not quit tithing. That’s your key to success!

  1. Enter Into His Rest

What does it mean to rest? Some people think it means to do nothing, but spiritual rest is an active decision to cast your cares—all your cares—upon the Lord.

The indicator of faith is rest. If you not in rest, you not in faith.

What I am about to read now is so powerful

Bill Winston says…

“Religion says believe because it makes sense. Most of the time, faith does not make sense. Human reason is used as a weapon of the devil to rob you of faith.”

Human reason, doubt, unbelief and satan’s lies disguise themselves in natural human wisdom.

He will say, “you must use wisdom, you can’t pay your tithes and sow but your bills need to be paid. What are your children going to eat? What will you have for the rest of the month”. It disguises itself in natural human wisdom.

You must factor the anointing of God into your situation. Don’t forget to factor in the anointing. That is where change comes from.

So, when a situation comes where the world would tell you to worry, that’s when you need to make a decision to give the situation to the Lord, and leave it with Him. You pray your prayer—and that’s it. But if you keep going back over and over it in prayer and talk about it with all your friends, you aren’t at rest.

Worry is just a down payment on something that might not happen. So, don’t lose sleep by tossing and turning over your debt. Instead, let patience have her perfect work. Maintain your faith under trial—be constant in your stand for debt freedom.

When you follow these five steps to a debt-free life, you will be well on your way to prospering, and you’ll be in position to bless others.

“There are streams of income and supernatural manifestations of the glory of God removing debt from our lives.”

Receive that today, because when you step into the anointing, the equation changes. You are redeemed from the curse of poverty, lack and debt.  You are debt free, in Jesus’ Name!

Pray and release the anointing for debt release over people.

Let us now cast your cares on the Lord so you can enter into His rest:

“Father, in the Name of Jesus, I throw the care, weight, anxiety, worry and concern of that debt load over onto You. I refuse to carry the care any longer. You are well able to able to carry it and well able to provide whatever I need. According to Hebrews 4:3, 9-11, I enter the rest and peace of God concerning my debt freedom. I believe it, receive it and walk in it. I am free! My days of worry and anxiety, pressure and stressing over debt are over forever! I refuse the pressure and stress—I choose instead to enter Your rest.”

Sow A Seed Towards Your Debt Freedom

Lester Holland