Interest: Financial and Personal Meaning

The concept of interest encompasses two distinct yet significant meanings in our daily lives: the financial cost of borrowing money and the personal pursuits that capture our attention and curiosity. Understanding both aspects helps us make wise decisions that honour God in our financial dealings and leisure activities.

1. Financial Interest on Loans

The charging of interest on money lent to fellow Jews was forbidden in the Old Testament. It was to be practiced only with foreigners, while ill-gotten gains do not last long (Ex 22:25; Deut 23:19-20; Prov 28:8).

In one of His parables Jesus implies that making a profit is acceptable, however usury—making exorbitant charges—is never acceptable (Mt 25:27). The interest paid obviously increases the price of the product, so this must also be considered before making purchases on credit.

When borrowing money, it's essential to understand the total cost including interest. This financial principle reminds us to be prudent stewards of the resources God has entrusted to us, avoiding unnecessary debt that can burden families and hinder generosity.

Can you afford to service your borrowing?

Reflection and Application:

Evaluate your current debts and consider whether the interest costs align with wise stewardship principles.
Pray for wisdom in balancing financial responsibilities with opportunities for generosity and kingdom investment.

See also: borrow, credit cards, debts, extortion, money, profit.

2. Personal Interest and Leisure Pursuits

Various things or people excite our curiosity and draw our attention, creating the desire to know more. We must ensure these pursuits are God-honoring and align with biblical values.

Each of us has activities or things we like to do in our spare time. These provide creative outlets and can also be a means of connecting with others with whom we can share our faith in a marketplace setting.

Our personal interests can become bridges for relationship building and evangelism. When we engage in hobbies and leisure activities with intentionality, we create natural opportunities to demonstrate Christ's love and share the gospel with those who might not otherwise enter a church setting.

Do I view my leisure pursuits as faith-sharing opportunities?

Reflection and Application:

Examine your leisure activities to ensure they honour God and don't become idols that compete for your devotion.
Consider how your personal interests might provide natural contexts for building relationships and sharing your faith.