Tag Archives: Deposit

August 6, 2020

Security Deposit

By Daniel M. Klem

Proverbs 20:16

16 Take his garment that is surety for a stranger: and take a pledge of him for a strange woman.
16 Get security from someone who guarantees a stranger’s debt. Get a deposit if he does it for foreigners. (NLT)

The straightforward meaning is that you cannot trust everyone. If someone asks for money, you should ask for collateral to ensure you get your money back. It is just like a bank asking for a down payment, or a business asking for a deposit on a service or product.

Getting into an Apartment Home

Apartment buildings have a standard practice of taking a security deposit from incoming tenants. This is to help cover any costs the tenant may incur by leaving early, damaging property, or breaking the law on the premises.

The poorer the credit of a prospective tenant, the higher the security deposit may be.

With great credit, a tenant is able to move in with little to no security deposit as a sign of trust and respect.

Getting into Our Heavenly Home

Thanks to a little act committed by Adam and Eve, we all fall into the same group. Our credit with God is very poor, and we have proven ourselves untrustworthy time and again.. To go home with God requires a security deposit so large that we could never pay it.

Therefore, God paid it for us.

Jesus became a Man. He built up the trust and credit by doing something no one else could: He lived perfectly according to God’s will and laws.

He paid our deposit by sacrificing Himself on a cross and rising from the dead three days later.

Jesus paid it all, for each of us.

All we must do is accept.

Lord, thank You for the cross and paying the cost we could not. Help us to live by Your example for Your glory through the help of the Holy Spirit.

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June 13, 2017

Protecting Assets

By Daniel M. Klem

Proverbs 27:13

“Take his garment that is surety for a stranger, and take a pledge of him for a strange woman.”
“Get security from someone who guarantees a stranger’s debt. Get a deposit if he does it for foreigners.” (NLT)
Taking a Garment

The verse today relates to the previous.

There are many dangers which we must be constantly watching out for.

Whether in business (such as banks) or personal life, we have to make sure we are not being taken advantage of in some of our dealings.

For example, suppose you have a friend who is always helping others financially, and he always asks you for help with a promise to repay. Over time you learn that he never makes good on that promise.

To help in such matters, you can ask him for something valuable as a way of urging him to repay.

This item serves as a reminder of a debt that is owed.

Reminder of the Debt

This passage has little to do with spiritual matters, but there is another debt in our lives that a constant reminder.

In Exodus 20 and Deuteronomy 5 we find a list of things called the 10 Commandments. In Romans (specifically chapter 5), Paul tells us that the Law, the 10 Commandments, was given as a reminder of our sin. It shows us how we fail to live up to loving God.

The Law shows us our debt.

Fortunately, our God has shown us grace and forgiveness. He paid our debt by sending His Son, Jesus of Nazareth, to live a perfect, sinless life and die on a cross to pay the debt we could not pay.

To receive the full grace and forgiveness He has offered us, we need only believe that Jesus is God made flesh, paid for our sins on the cross, and rose again to life and now lives with the Father awaiting the time to return and redeem His faithful.

Heavenly Father, help us to be good stewards of what You have given us. We admit we are sinners in need of grace and forgiveness. Thank You for offering that grace and forgiveness through Your Son, Jesus Christ. Give us the faith we need to live in the light of that truth every day!

Leave a comment   |  tags: , , , , , , , , , , , , , , , , | posted in advice, giving/charity, Money and Finances, sin, Trust the Lord

April 13, 2016

Security Deposit

By Daniel M. Klem

Proverbs 20:16

16 Take his garment that is surety for a stranger: and take a pledge of him for a strange woman.
16 Get security from someone who guarantees a stranger’s debt. Get a deposit if he does it for foreigners. (NLT)

The straightforward meaning is that you cannot trust everyone. If someone asks for money, you should ask for collateral to ensure you get your money back. It is just like a bank asking for a down payment, or a business asking for a deposit on a service or product.

Getting into an Apartment Home

Apartment buildings have a standard practice of taking a security deposit from incoming tenants. This is to help cover any costs the tenant may incur by leaving early, damaging property, or breaking the law on the premises.

The poorer the credit of a prospective tenant, the higher the security deposit may be.

With great credit, a tenant is able to move in with little to no security deposit as a sign of trust and respect.

Getting into Our Heavenly Home

Thanks to a little act committed by Adam and Eve, we all fall into the same group. Our credit with God is very poor, and we have proven ourselves untrustworthy time and again.. To go home with God requires a security deposit so large that we could never pay it.

Therefore, God paid it for us.

Jesus became a Man. He built up the trust and credit by doing something no one else could: He lived perfectly according to God’s will and laws.

He paid our deposit by sacrificing Himself on a cross and rising from the dead three days later.

Jesus paid it all, for each of us.

All we must do is accept.

Lord, thank You for the cross and paying the cost we could not. Help us to live by Your example for Your glory through the help of the Holy Spirit.

Leave a comment   |  tags: , , , , , , , | posted in Money and Finances, Value and Worth

October 31, 2013

Protecting Assets

By Daniel M. Klem

Proverbs 27:13

13 Take his garment that is surety for a stranger, and take a pledge of him for a strange woman.
13 Get security from someone who guarantees a stranger’s debt. Get a deposit if he does it for foreigners. (NLT)

Taking a Garment

The verse today relates to the previous.

There are many dangers which we must be constantly watching out for.

Whether in business (such as banks) or personal life, we have to make sure we are not being taken advantage of in some of our dealings.

For example, suppose you have a friend who is always helping others financially, and he always asks you for help with a promise to repay. Over time you learn that he never makes good on that promise.

To help in such matters, you can ask him for something valuable as a way of urging him to repay.

This item serves as a reminder of a debt that is owed.

Reminder of the Debt

This passage has little to do with spiritual matters, but there is another debt in our lives that a constant reminder.

In Exodus 20 and Deuteronomy 5 we find a list of things called the 10 Commandments. In Romans (specifically chapter 5), Paul tells us that the Law, the 10 Commandments, was given as a reminder of our sin. It shows us how we fail to live up to loving God.

The Law shows us our debt.

Fortunately, our God has shown us grace and forgiveness. He paid our debt by sending His Son, Jesus of Nazareth, to live a perfect, sinless life and die on a cross to pay the debt we could not pay.

To receive the full grace and forgiveness He has offered us, we need only believe that Jesus is God made flesh, paid for our sins on the cross, and rose again to life and now lives with the Father awaiting the time to return and redeem His faithful.

Heavenly Father, help us to be good stewards of what You have given us. We admit we are sinners in need of grace and forgiveness. Thank You for offering that grace and forgiveness through Your Son, Jesus Christ. Give us the faith we need to live in the light of that truth every day!

Leave a comment   |  tags: , , , , , , , , , , , , , , , , | posted in advice, giving/charity, Money and Finances, sin, Trust the Lord

June 1, 2013

Security Deposit

By Daniel M. Klem

Proverbs 20:16

16 Take his garment that is surety for a stranger: and take a pledge of him for a strange woman.
16 Get security from someone who guarantees a stranger’s debt. Get a deposit if he does it for foreigners. (NLT)

The straightforward meaning is that you cannot trust everyone. If someone asks for money, you should ask for collateral to ensure you get your money back. It is just like a bank asking for a down payment, or a business asking for a deposit on a service or product.

Getting into an Apartment Home

Apartment buildings have a standard practice of taking a security deposit from incoming tenants. This is to help cover any costs the tenant may incur by leaving early, damaging property, or breaking the law on the premises.

The poorer the credit of a prospective tenant, the higher the security deposit may be.

With great credit, a tenant is able to move in with little to no security deposit as a sign of trust and respect.

Getting into Our Heavenly Home

Thanks to a little act committed by Adam and Eve, we all fall into the same group. Our credit with God is very poor, and we have proven ourselves untrustworthy time and again.. To go home with God requires a security deposit so large that we could never pay it.

Therefore, God paid it for us.

Jesus became a Man. He built up the trust and credit by doing something no one else could: He lived perfectly according to God’s will and laws.

He paid our deposit by sacrificing Himself on a cross and rising from the dead three days later.

Jesus paid it all, for each of us.

All we must do is accept.

Lord, thank You for the cross and paying the cost we could not. Help us to live by Your example for Your glory through the help of the Holy Spirit.

2 Comments   |  tags: , , , , , , , | posted in Money and Finances, Value and Worth