When can we owe money?

Tweet

Scripture is silent on the subject of when can we owe money. In my opinionit is possible to owe money for a home mortgage or for your business or vocation. This "possible dept" is permissible, we believe, only if the following three criteria are meet: 1.The item purchased is an asset with the potential to appreciate or to produce an income. 2. The value of the item equals or exceeds the amount owed against it. 3. The depts is not so large that repayments puts undue strasin on the budget. It is really hard to owe money to someone else but there comes a time that we need to do it in so many reasons. Do you experienced to borrow money with a high interest?