Debt is slavery
“And he loveth those who will have him to be their God. Behold, he loved our fathers, and he covenanted with them, yea, even Abraham, Isaac, and Jacob; and he remembered the covenants which he had made; wherefore, he did bring them out of the land of Egypt.”
Some historical refresher… Before the Exodus, the Israelites had been in Egypt for 400 years after Joseph had Jacob’s family move in. At some point during that time, the Israelites became slaves to the Egyptians. Many believe the Israelite “slavery” was not nearly as bad as is commonly depicted in major motion pictures. How did they turn into slaves? Among the reasons, debt is high in the list.Interestingly, modern-day prophets refer to debt as slavery – even the Lord refers to this as he instructs Martin Harris to “Pay thy debt… Release thself from bondage” D&C 19:35.
The evocation of the Moses story was a powerful lesson to Nephi’s family – to any family, even in our day. We will do well to remember that the Lord will deliver us from bondage and slavery as we are consistently loyal and obedient to him. We need to be careful about our debts, yes; but sometimes we fall into financial bondage without much choice in the matter. We can be delivered from our debts, but in the Lord’s time. The scripture says the Lord “remembered the convenants” he made. Clearly he didn’t forget, but they were fulfilled unto the Israelites after many years of slavery and unanswered prayers. We too many need to spend time, even years at a time in our personal bondages, even in debt, before we too are delivered. Our delivery will likely be less miraculous than a deliverer bringing us on an Exodus from our debtors. Rather, small graces must be taken advantage of. Rather than spending unexpected income on frivilous items, pay down your debts. Over time, the Lords tender mercies will add up to our deliverance.
Posted in C) 1st Nephi | 
Tags: bondage, book of mormon, debt, Israelites, mormon, Moses, scripture, scriptures, slavery
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Interesting perspective. I hadn’t thought of it that way before. How about this little tidbit?.. During the 7 years of famine that Joseph had prepared Egypt for, the Egyptians evidently hadn’t made preparations, so when they ran out of food, they first sold their cattle to Pharaoh in return for food, then their land, and then themselves. It makes me wonder how they got out of that and then made the Israelites slaves.