The Borrower is SLAVE to the Lender. Do you agree?

Posted on December 21, 2018 by

Dave Ramsey often quotes the proverb: “The rich rule over the poor, and the borrower is the slave to the lender.” Last Wednesday while in the post office, my son asked if he could borrow some money until today (when I pay him for his chores).

For the past five days, I have been trying to make this proverb as real as possible to my teenager son. In fact, after we were done at the post office and got back into the car, Dave Ramsey quoted it on the radio as soon as we turned on the car!

I warned my son: Mom is worse than any loan shark could think of being. Mom will charge an interest rate that would make payday loan places cringe. Son will be Mom’s wage slave for a period of five days unless Mom feels she didn’t get her money’s worth in which case that period of slavedom will be extended. (Is slavedom even a real word? Eh, who cares…he didn’t ask!)

To my son’s credit, he has put up with all my demands in good humor. To my credit, I haven’t made him scrub the bathroom with an old toothbrush. The dishes have been done, the kitchen floor is clean, and the aluminum cans have been stomped on as soon as I mention it.

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