Proverbs 6:1-5 (NLT)
My child, if you co-sign a loan for a friend or guarantee the debt of someone you hardly know— if you have trapped yourself by your agreement and are caught by what you said— quick, get out of it if you possibly can! You have placed yourself at your friend's mercy. Now swallow your pride; go and beg to have your name erased. Don't put it off. Do it now! Don't rest until you do. Save yourself like a deer escaping from a hunter, like a bird fleeing from a net.
These verses are not a plea against generosity, but against overextending one’s financial resources and acting in irresponsible ways that could lead to poverty. It is important to maintain a balance between generosity and good stewardship. God wants us to help our friends and the needy, but he does not promise to cover the costs of every unwise commitment we make. We should also act responsibly so that our family does not suffer.
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