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The bankruptcy that saves - All The Good Seed Daily Devotionals for 2026

The bankruptcy that saves details logo    The Good Seed - Wednesday, August 19, 2021
  by GBV Dillenburg GmbH
Details
The bankruptcy that saves

None of them can by any means redeem his brother, nor give to God a ransom for him - for the redemption of their souls is costly, and it shall cease for ever.

You were not redeemed with silver or gold from your aimless conduct but with the precious blood of Christ, as of a lamb without blemish and without spot.

Psalm 49: 7.8; 1 Peter 1: 18.19.

The bankruptcy that saves
This was the title of a news item that told of the course of someone who after years of imprisonment can at last breathe again. His mind is relieved: he is free of his debts. He benefits from a recent law dealing with excess debts for people in great financial danger through a surfeit of credits, unemployment or other difficulties. Finished are the pestering of the legal system, anguish and depression. It is like a fresh start to life with the hope of not falling back again.

Towards our righteous, holy God, however, every human being has a debt from which he cannot free himself. The sons of Korah realised this, as they affirm in Psalm 49. Inherited from birth it gets no lighter in the course of time, is not even cancelled at death and leads to eternal judgment. But what neither luck, nor the best of moral qualities, nor good works can achieve, Jesus Christ effected in paying the immense price of redemption on our behalf. He alone effectively wipes out all that we owe before God.

If we feel the weight of our burden, realising our moral bankruptcy and inability to get things right ourselves, let us put our confidence in Jesus Christ. In this way we can benefit from God's forgiveness.

Today‘s reading: 1 Kings 8: 41 - 53 · John 7: 14 - 24





 

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