Prayer for Paying Off Debt
Heavenly Father, God, my strength and my redeemer,
I ask You for assistance in helping those of us with debts to pay off. Lord, have mercy on us. We need Your strength to get through this situation. We need Your help to do the right thing and pay those bills on time every month. Lord, help us with our monthly financial obligations, and bless us with being able to pay off all that we owe as quickly as possible.
Lord, I acknowledge that getting into debt was the wrong thing to do. And so long as I continue to increase my debt, I am failing to stop the actions and desires that continue to weigh so heavily on my mind. Therefore, I ask You to give me the strength and determination to say no to further indebtedness. Let me be one of the successful ones who pay off all debts and maintain a debt-free lifestyle in years to come.
Lord, strengthen me to know my financial limits and live comfortably within them. Let me be happy with less. Let me be willing to wait for the things I want, until I save money for them. And Lord, let saving money be easy for me. Give me the fortitude and perseverance to put money into my savings account every month, even while I’m paying off the debts.
Father God, help me to renegotiate loans successfully. Give me the right words to say, and the right people to talk to, to get interest rates lowered and loan balances transferred to less costly accounts. Bless my financial affairs, and my efforts to get all loans paid in full.
Lord, I thank You for the many blessings You’ve brought into my life. I see the work of Your hands in giving me things I need, and I’m so grateful for all You do for me. I recognize Your work in my life. Thank You! Thank You!
Precious, gracious God, You are my hope for a better future. A future lived according to Your will. Help me align my life with Your will, and let me never forget that You want to help me through all the trials of life. So I place this burden of indebtedness in Your hands, and ask, with love for You, that Your will be done. Thank You for bearing these burdens that are too heavy for me.
Lord, I love You, I trust You.
In Jesus’ name, Amen!
Prayer by Linda Jo Martin, author of River Girl.