MFM Mountain Top Life Daily Devotional 18 April 2019 By Dr. D.K Olukoya – Deliverance from the Spirit of Debt

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TOPIC: Deliverance from the Spirit of Debt (Mountain Of Fire and Miracle Ministries, MFM Daily Devotional 18 April 2019)

BIBLE IN ONE YEAR: 2 Samuel 3-5; Luke 14:25-35

FIRE SCRIPTURE: 2 Kings 4:1-7

MEMORY VERSE: “The rich ruleth over the poor, and the borrower is servant to the lender.” – Proverbs 22:7


One of the things that Christians must deal with and disallow in their lives is the spirit of debt. When we are talking about debt, it is when an individual or an organisation makes a commitment to purchase a product or service and agrees to pay in the future. Debt is credit buying, and has no respect for anyone.

By the virtues of what we read in the Bible, the woman and her two sons were supposed to inherit the wealth of the man and not the debt. Her husband happened to be one of the sons of the prophets and the Bible says he did fear the Lord but then he died as a debtor. Debt is easy to enter into but difficult to get out from. Debt is a thief robbing people of their money, time and peace. And debt comes through greed, covetousness and demonic attack.

Personal debt can come through laziness (Proverbs 10:4). Financial and moral indiscipline, lack of proper financial planning, wastage and improper use of resources, unfaithfulness in giving, desire to please the world, too many responsibilities, disobedience to God’s leading and the word, prayerlessness and so on, are the causes of indebtedness.

Debt puts people in bondage. Debt creates worries. It is the enemy’s device to keep people from prospering. It is the enemy’s strategy to embarrass God’s children. Avoid going into debt. Endeavour to live within your income.

When someone finds himself in a problem like this, it takes serious prayers, determination, discipline and grace of God to be delivered from it. There must be genuine repentance, buying things on credit must be stopped, and you must cut down your expenses and increase your source of income to service your debt. I pray that the Lord will help you and bring you out of the horrible pit of indebtedness, in Jesus’ name.


God will give you power to get wealth that swallows poverty.



  1. I bind every strongman holding my finances captive, in the name of Jesus.
  2. I possess all my possessions, in the name of Jesus.
  3. I break and loose myself from every curse of financial bondage and poverty, in the name of Jesus.
  4. O Lord, quicken my spirit to evolve money-yielding ideas, in the name of Jesus.
  5. O Lord, teach me the divine secret of prosperity, in the name of Jesus.
  6. Let my finances become too hot for dupes and demonic customers, in the name of Jesus.
  7. I reject financial embarrassment, in the name of Jesus.

MOUNTAIN TOP LIFE is a daily devotional by Dr. D.K Olukoya (General Overseer, Mountain of Fire and Miracle Ministries, Worldwide)

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