This isn’t a popular concept in our culture today, but Scripture teaches us that all of humanity is born into spiritual debt. All of us have sinned against a Holy and Righteous God. It is eternal sin against an eternal God and carries an eternal debt. Colossians 2 describes us as being spiritually dead and having a certificate of debt against us. This is a certificate for a contest that you don’t want to win and yet all of us have excelled in running up an account of spiritual debt.
In our culture today we don’t understand spiritual debt but we understand financial debt. We live in a culture that thrives on debt. 40% of all Americans spend more than they make. Most people who have the new car, new house, new gadgets, also have new letters that come in the mail each week from their debt collectors.