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| Questions about: Money and Missions |
| Robin: (01/17/05) I am considering a call to missions work. In preparation, I've moved home to save money and pay off student loan debt. According to most mission agencies, how much debt is considered "too much"? In other words, is it more important for me to save, or to pay off as much of the debt as possible? I am praying for God's guidance in this, but appreciate your experienced opinion.
Thank you and God bless you!
Robin
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| Jack: Robin, I talked this morning with the Personnel Director of a responsible mission about the subject she raised. Your problem is one that mission agencies face with great frequency. Her answer to applicants who ask about student debt is that they could consider coming with the mission if by paying off $100 / month they could resonably see themselves getting free of debt in time. If this figure would be too low, she recommends that they try and pay the debt off before going out as missionaires. She recognizes that some agencies would take a more extreme position and not allow any of the missionary suppport to go toward debt retirement.
Part of the problem is that the IRS gives tax deductible receipts for Christian ministry, not to pay off student debts. However, the figure of $100 is acceptable and most doners would understand and support the missionary condidate who makes this kind of arrangement. May the Lord guide you and meet your needs in every way. Jack |
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