Do you manage you company’s cash by not paying bills on time?
Proverbs 3:27-28 Do not withhold good from those to whom it is due, when it is in your power to act. Do not say to your neighbour, “Come back tomorrow and I’ll give it to you”— when you already have it with you.
When we legitimately owe someone money, we need to repay it. Since we have incurred the debt, they deserve to receive from us what we owe them. Most debts in our world are negotiated debts, there is payment plan that is when you can pay weekly, monthly or any other way that you may have agreed on. It is therefore our responsibility to pay them on time when our financial obligation is due. It is sinful for us to ask our creditor to wait till tomorrow especially if we have the money with us. It is not our money anyway. So the good is to be faithful to pay our debt in an acceptable amount of time.
To wait out a creditor because we have to gain or because we do not want to part with our money is a sin. We have got to pay the creditor immediately. The way we pay our bills is testimony to our faith in the Lord. If we are constantly late with our bills and are not wise with our money, it is a very poor testimony to the Lord. Paying our debts wisely and regularly lets our creditors know that we manage our money well and we build a good relationship with them lest we want to borrow again. Borrowing means someone has entrusted us with their money and we will give it back as and when its due.
The Christian way of handling finances is being trustworthy and faithful and keep to our promises. We do not want to bring shame to the name of the Lord or even tarnish our image by not honouring our debts in time, lets magnify God in our Businesses by handling God’s money and pay our debts.