This Debt Stress and Anxiety Prayer can help you find a way out of debt using God’s help.  We need God’s help because experts say that debt can cause stress, depression and anxiety that eventually affects your physical, mental and spiritual health.

Sometimes we are thrown into debt by life disasters beyond our control, such as medical debt.  Sometimes we get there slowly through credit card debt and lack of financial awareness.  No matter how we got there, God can help us.

Debt Stress and Anxiety Prayer for God’s Help with Debt

Dear God, I’m feeling so many emotions related to my debt. 

(Talk to God about the ones on this list that apply to your situation.)  





Angry about my situation  

Angry at myself 

I want to be free of the obligations to institutions so that I have control of my money again.

Help me with the guilt at how I got to this point and replace it with a determination to be released from these suffocating feelings. 

Lord I ask for help out of this situation. I know that you are here and will offer me the comfort that I need so I can calm down and take control.

You say in Proverbs 22:7 that the rich rule over the poor and the borrower is slave to the lender. Father, I no longer wish to be a slave. I ask for a release from the bondage that indebtedness creates as in 2 Peter 2:19 “…..for by what a man is overcome, this he is enslaved.”

Lord, I claim the promise in Proverbs 13 that compassion will be felt if I confess that I have not been living responsibly and I want to turn away from my sin.

I affirm that truth in 1John 1:9 that if I confess my sin He is faithful and righteous to forgive me my sin and will cleanse me from all unrighteousness.

Precious Father, I claim the truth and promise in Hebrews 12:11 that no discipline seems pleasant at the time, but painful. Later on however, it produces a harvest of righteousness and peace by those who have been trained by it.

Dear Savior, Help me to work on the math so that I can see a way out of this indebtedness.

Please provide a clear head and a willingness to work out a plan so that I can live within my means. I ask for patience as I work out my plan because I know this will not be a quick fix.

I know that I am not a bad person and that you love me and will be with me every step of the way. You know my inner negative thoughts about myself and this situation and still you love me. I lay myself at your feet and pray that the way will be clear.

I claim patience over the time it will take take.

I claim control over my spending not to add to my debt.

All of this I claim in Jesus’s name.

About this Debt Stress and Anxiety Prayer

Some of us get into debt due to circumstances beyond our control such as business failure, medical debt, divorce and unemployment.  Others of us get in debt a little at a time by not controlling our credit or not paying attention to our finances.  I fall into the last category.      

This prayer comes from my heart because I experienced an enslavement from debt. I had tried during my lifetime to control my finances on my own without help, but nothing seemed to work.

I would be serious about not living on credit for awhile, but it didn’t last long. Something would happen in my life or I would succumb to fulfilling my wants and I would take two steps back.

As I began to age, I realized that I was not going to leave my children a mountain of debt upon my death. I knew that asking God to help me was the only way I was going to get out of this.

The first thing I had to do was to recognize that I had a problem with debt.

Then, I increased my giving to my church. I realigned my priorities and put God first. I had learned through different seminars previously that putting God first and giving Him what He was due before I paid any bills would be the right priority. This was a step of faith. I also had been told that there would always be enough money if I did this.

I chose to make some real changes in my life by selling my house and moving to a simpler place. I sold a lot of my possessions which meant nothing to me.

I took a hard look at things I was paying for and realigned my priorities. I set goals. It requires patience to pay off debt because it is a long process. I could not have done this without God by my side.

I am not through with my debt journey, but I am holding fast to the day when I can say that my goal has been achieved. This prayer of patience is one that I pray every day. The comfort that I feel from allowing God to guide my steps also allows me to celebrate small victories such as seeing the numbers decrease. I feel a sense of pride as I work my plan.

What the Experts Say About Debt Stress and Anxiety

As cited in USA Today, total household debt rose to an average of $17.06 trillion at the close of the second quarter of 2023 with credit card balances making up $1.03 trillion.

Experian says the average credit card debt increased by 13.2% from 2021 to 2022. This was a reflection of inflation increasing the cost of goods. The average debt in the American household in 2023 was $101,915.

Debt negatively affects marriages.  CNBC Select says according to an online survey conducted by SunTrust bank 35% of people blame finances for the stress they experience in their relationships. Often at the heart is debt. National Debt Relief findings report that 38% of couples miss out on dating and date nights when in debt.

Fifty four percent of respondents believe that having a partner in debt is a major reason to consider divorce.

Ramsey Solutions conducted a State of Finances in the American Household survey in 2017 and found that 94% of great marriages are twice as likely to discuss money dreams together as opposed to 45% of marriages that are OK or in crisis marriages. Dave Ramsey advocates sharing “money dreams” as a couple to plan for a shared and stronger financial future. In other words, sharing things you would like to do as a couple if you had the money to do them.

Other Helpful Scriptures on Debt Stress and Anxiety 

Philippians 4:11,13   I am not saying this because I am in need, for I have learned to be content whatever the circumstances…I can do everything through him who gives me strength.   NIV Bible.

Ecclesiastes 7:12 Wisdom is a shelter as money is a shelter, but the advantage of knowledge is that wisdom preserves the life of its possessor.  NIV Bible.

2 Corinthians 9:7 Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.  NIV Bible

Joshua 24:15 But if serving the Lord seems undesirable to yu, then choose for yourselves this day whom you will serve…But as for me and my household, we will serve the Lord. NIV Bible  

Proverbs 6:4-5 Allow no sleep to your eyes, no slumber to your eyelids.  Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.  NIV Bible

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Prayer to Overcome Insecurity and Lack of Confidence

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