There are many articles, books, and radio programs on how to get out and stay out of debt. It is not fun going through life with bills piling up and bill collectors calling you asking where the money is. The bumper sticker that says "You owe so off to work you go" is very true in that case. When a person finally gets out of debt by managing their money properly or attaining a large sum of money somehow and applying that money to pay off their debt, the feeling of being debt free is a very welcomed feeling.

    There is a more important debt that needs to be paid off. Spiritaully speaking, we are born into this world in debt to God. Romans chapter 5:12-21 explains that the original sin and guilt of Adam was transferred to our account. Now we owe that debt with no way of paying it. On top of that, we add to the debt by personally breaking the holy law of Almighty God. The total bill keeps getting larger and larger daily. The debt we owe is to God's law and justice and we have no way of paying. As a matter of fact, if we seek to pay it ourselves we only make it worse since God will not accept what we have to offer. Our best payment is said to be filthy rags, dung, vanity, self righteousness, etc. and that is an unacceptable payment.

    Their is only one acceptable form of payment to reach a debt free spiritual status. There must be a suitable sacrifice made whereby the debt can be paid off in order for the bill collector to be appeased and reconciled. The payment that is acceptable and actually pleasing to God is BLOOD, not mine, not yours but the precious blood of the God-man Mediator, the LORD Jesus Christ. He is the only suitable sacrifice who is qualified to pay the price for the sin debt.

    The currency that is acceptable was said to be the blood of Christ. What is the significance of this blood? The word of God says that life is in the blood (Lev 17:11) and without the shedding of blood there is no remission of sin (Hebrews 9:22). The idea of blood refers to a sacrifice or death which was pictured throughout much of the Old Testament. This refers to one who is acceptable taking the place of one who is NOT acceptable. Substitution is the idea here. Christ died as a substitute for His people. Wrapped up in the idea of substitution, death, and sacrifice is MERIT. This merit was also that of appeasement or satisfaction as Christ fulfilled the demands of the law by obeying the law perfectly and paying the penalty and debt that was owed by His people. The blood of Christ is the whole merit of the work of Christ. This is not only because of what He did but also because of who He was. He established a perfect righteousness that will be imputed ( legal transfer) to the account of His people. As a result of that, sin will never be imputed to their account ever again: "Blessed is the man to whom the Lord will not impute sin" Romans 4:8.

    The debt of sin is the curse of the law. Galatians 3:13 says: "Christ has redeemed us (believers) from the curse of the law, being made a curse for us (substitution)....." Christ actually voluntarily took on (by imputation) the debt of His bankrupt, ungodly, sinful people and paid in full the whole price, past, present, and future that was owed by them. The price is paid and the work is done. Do you see any of this as being valuable? If you are looking to Christ and His merit to pay your sin debt you have the greatest treasure on earth and will be debt free. If you are still so blind you think you can pay the price on your own, then you still owe the debt. Think on these things.