"At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the LORD’s release. Of a foreigner you may require it; but you shall give up your claim to what is owed by your brother, except when there may be no poor among you; for the LORD will greatly bless you in the land which the LORD your God is giving you to possess as an inheritance; only if you carefully obey the voice of the LORD your God, to observe with care all these commandments which I command you today. For the LORD your God will bless you just as He promised you; you shall lend to many nations, but you shall not borrow; you shall reign over many nations, but they shall not reign over you." (vv.1-6)
In Israel, money was always loaned with the understanding that every seventh year, debts would be canceled: "You shall grant a release of debts." So there was no long-term debt in this sense – money could never be borrowed, or owed, for more than six years. This was an important matter to God; the release was said to be the LORD’s release. As Israel obeyed this command, there would never be a permanent under-class in Israel. Some might go through a bad period but would have the opportunity to rebuild their lives financially on a regular basis.
God established an economic system wherein no one had to be chronically poor. If people would obey the LORD, He would bless (both sovereignly and as the natural result of the obedience), and they would not be poor. However, Deuteronomy 15:11 – just a few verses down – states: For the poor will never cease from the land. Is God contradicting Himself? Not at all. He knows that He has established a system where no one must be chronically poor, yet He knew that because of disobedience, some would, and there would always be the poor in Israel. So, God did not guarantee prosperity for any one in Israel; but He did guarantee opportunity for prosperity for an obedient Israel. Therefore, if Israel obeyed and the individual citizens of Israel enjoyed the blessing of God’s prosperity, then they would (as a nation) be prosperous, and blessed above other nations.
“God loves a cheerful giver” because that's exactly what He is! God gives freely and beyond all we can imagine. This is true first and foremost in the gift of His Son, but it's also true every day we live and breathe. Take time this weekend to reflect on God's generosity in your life.
The Truth: As we have opportunity, let us do good to all people, especially to those who belong to the family of believers. (Galatians 6:10)