But if there are any poor Israelites in your towns when you arrive in the land the LORD your God is giving you, do not be hard-hearted or tightfisted toward them.
Deuteronomy 15:7
Proverbs 11:25
"If I want to get water I must give water. Though that seems a strange way of self-serving I pray you try it." - Charles Spurgeon
Giving and carrying for the poor isn’t an Old Testament thing, nor is it an option for the person of God.
"The minister is refreshed by his own message of salvation to his people. The Sunday school teacher learns many valuable lessons in the work of instruction. Every spiritual gift, every active grace, is increased by exercise, while its efficiency withers by neglect." - Jerry Bridges
What is the incentive to pay the debt back if it was going to be cancelled in seven years?
At the end of every seventh year, you must cancel the debts of everyone who owes you money.
Deuteronomy 15:1
Open my hand to give: time, talent and tithe.
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