BUSI 320 FORUM 2 DISCUSSION

NOTE: MORE THAN ONE ANSWER POSTED CHOOSE ANY

Topic: Implications and Responsibilities of Financing with Debt  Thread: The world of finance teaches that borrowing money can be a high-risk, high-reward option. Scripture has some passages that seem to clearly warn people to be cautious about getting into debt. Read the following Scriptures and write a thread of at least 250 words discussing what the Bible does and does not teach about debt. At minimum, address the following questions: 1.What are some of the natural consequences of borrowing money? 2.What is “co-signing” a loan? What advice does the writer of Proverbs have about the wisdom of co-signing a loan? 3. What are the obligations of anyone who borrows money?  Be sure to reference any Scriptures you use to answer questions. In addition to Scripture, you must cite at least 1 article that addresses the topic.