Control Debt, Control Spending, Generate Income, Optimizing Life, Saving, Treasures In Heaven

Fix Your Thoughts on What Is True, Honorable, and Right

There are many traps that can lead us to fail in executing our personal financial strategy. One of the most common mistakes is to take our thoughts off of what we are trying to accomplish and focus instead on the obstacles in our way or get distracted focusing on what others have that we may want.

We can easily get distracted by lies and frustrations that are not productive focus for accomplishing our goals.

“If I only have a better car, bigger house, newer phone, etc. then I will be happy.”

“I deserve (or need) a better job, and more expensive clothes, etc.”

“I will save more in the future, when I am making more money.”

“I don’t have the job skills I need, so I can never accomplish my goals.”

“Others had an easier road than me. I am just not lucky enough.”

Scripture tells us to avoid the trap of coveting what others have and comparing ourselves to them.

17 “You must not covet your neighbor’s house. You must not covet your neighbor’s wife, male or female servant, ox or donkey, or anything else that belongs to your neighbor.” [Exodus 20:17]

In Paul’s letter to the Philippians, he gives additional guidance to help us.  

8 And now, dear brothers and sisters, one final thing. Fix your thoughts on what is true, and honorable, and right, and pure, and lovely, and admirable. Think about things that are excellent and worthy of praise. [Philippians 4:8]

This instruction applies broadly to all aspects of our lives and is certainly applicable to how we manage our finances. We do best when we focus on what is true and honorable and right. Instead of focusing on what others have or what we think we deserve or our frustrations over obstacles we face, we stay focused on our financial plan and working toward achieving our goals.

Set goals, steward progress, remain focused. Yes, be aware of obstacles enough to plan a way around them… but don’t focus on them as permanent blocks in your path. Instead of focusing on what you think others do not deserve, focus on what you need to do to be successful.

  • Stay focused on and content with what God has provided.
  • Focus on the plans you set to accomplish our goals, or on developing good plans.
  • Steward progress toward those goals.
  • Avoid distractions and traps that could lead you astray.
  • Pray for God’ s help, praise Him as He works in your life, and give Him thanks!

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Treasures In Heaven

Give Joyfully and Generously to the LORD

Let us remember to honor the LORD joyfully and generously with what He has given us. It helps to remember that all we have was provided by Him. We are simply giving some of it back to honor and glorify Him. Let us do so in celebration and not resentment. Let us do so willingly and not reluctantly or out of obligation. Consider the attitude of David and his leaders under him when preparing the temple. It is reminiscent of the generous donations that the people were bringing to Moses when building the Tabernacle.

1 Chronicles 29:1-22a

Offerings for the Temple

      1Then King David said to the entire assembly, “My son Solomon, whom alone God has chosen, is still young and inexperienced and the work is great; for the temple is not for man, but for the LORD God. 2“Now with all my ability I have provided for the house of my God the gold for the things of gold, and the silver for the things of silver, and the bronze for the things of bronze, the iron for the things of iron, and wood for the things of wood, onyx stones and inlaid stones, stones of antimony and stones of various colors, and all kinds of precious stones and alabaster in abundance. 3“Moreover, in my delight in the house of my God, the treasure I have of gold and silver, I give to the house of my God, over and above all that I have already provided for the holy temple, 4namely, 3,000 talents of gold, of the gold of Ophir, and 7,000 talents of refined silver, to overlay the walls of the buildings; 5of gold for the things of gold and of silver for the things of silver, that is, for all the work done by the craftsmen. Who then is willing to consecrate himself this day to the LORD?”

      6Then the rulers of the fathers’ households, and the princes of the tribes of Israel, and the commanders of thousands and of hundreds, with the overseers over the king’s work, offered willingly; 7and for the service for the house of God they gave 5,000 talents and 10,000 darics of gold, and 10,000 talents of silver, and 18,000 talents of brass, and 100,000 talents of iron. 8Whoever possessed precious stones gave them to the treasury of the house of the LORD, in care of Jehiel the Gershonite. 9Then the people rejoiced because they had offered so willingly, for they made their offering to the LORD with a whole heart, and King David also rejoiced greatly.

David’s Prayer

      10So David blessed the LORD in the sight of all the assembly; and David said, “Blessed are You, O LORD God of Israel our father, forever and ever. 11“Yours, O LORD, is the greatness and the power and the glory and the victory and the majesty, indeed everything that is in the heavens and the earth; Yours is the dominion, O LORD, and You exalt Yourself as head over all. 12“Both riches and honor come from You, and You rule over all, and in Your hand is power and might; and it lies in Your hand to make great and to strengthen everyone. 13“Now therefore, our God, we thank You, and praise Your glorious name.

      14“But who am I and who are my people that we should be able to offer as generously as this? For all things come from You, and from Your hand we have given You. 15“For we are sojourners before You, and tenants, as all our fathers were; our days on the earth are like a shadow, and there is no hope. 16“O LORD our God, all this abundance that we have provided to build You a house for Your holy name, it is from Your hand, and all is Yours. 17“Since I know, O my God, that You try the heart and delight in uprightness, I, in the integrity of my heart, have willingly offered all these things; so now with joy I have seen Your people, who are present here, make their offerings willingly to You. 18“O LORD, the God of Abraham, Isaac and Israel, our fathers, preserve this forever in the intentions of the heart of Your people, and direct their heart to You; 19and give to my son Solomon a perfect heart to keep Your commandments, Your testimonies and Your statutes, and to do them all, and to build the temple, for which I have made provision.”

      20Then David said to all the assembly, “Now bless the LORD your God.” And all the assembly blessed the LORD, the God of their fathers, and bowed low and did homage to the LORD and to the king.

Sacrifices

      21On the next day they made sacrifices to the LORD and offered burnt offerings to the LORD, 1,000 bulls, 1,000 rams and 1,000 lambs, with their drink offerings and sacrifices in abundance for all Israel. 22So they ate and drank that day before the LORD with great gladness.

David and his leaders are inspirational. It is important, however, to remember we are called to be good stewards of what the LORD has given us (Matthew 25:14-30). That means we should not blindly give our resources to someone in God’s name, but rather test and use discernment and seek counsel to ensure we invest wisely in the kingdom. It often is not just writing a check to the local church. Many who collect money in the name of God spend it for their own glory.

Note: This post was written in partnership with HearingFromJesus.org.

—-

Remember that all you have belongs to God. Manage your money God’s way and use it for His glory rather than your own. Visit GrowGodsMoney.org .

Generate Income, Optimizing Life

Let Your Relationship with God Define You, Not Your Job

It is very common for people to identify who they are with what job they do. In particular for men, much of their identity can get wrapped up in what job they do. So much so that it is common when meeting someone for the first time to ask “Who do you work for?” or “What job do you do?”

While it is understandable that our work does reflect something about us, because of how much of our lives are spent working, there is so much more to someone than just what job they do.

If I were meeting Abraham today, and asked him those questions I may only learn that he was a shepherd. I would be missing out on finding out about his close relationship with our Creator!

What if I asked David about his job when he was a shepherd and again years later when he was a king? Was he a different person because of the job he had? No. He was a man after God’s own heart as a shepherd boy and still as a king. I would miss out on getting to know David and his relationship with God if I only ask what job he does.

Our relationship with God and our obedience to Him defines who we are. What job we have and often how we perform in that job may reflect our inner character to others, but it does not define it. We should remember this principle as we conduct ourselves in the workplace or seek to find employment to provide for ourselves and those we love. Our job provides income and should be acceptable in light of God’s instruction, but we should not try to define or measure our value as a person by the job we hold. In fact, many well paying jobs can also be very demanding and compete to take time and attention away from God and family in the pursuit of wealth.

As I reflect, I think I am going to challenge myself to hold a slightly different focus when I meet folks in the future, even if they are asking me about my job. I want to engage them with an open ended lead in such as “Tell me about yourself.” That way they can tell me about their job or hobby if that is what they want to discuss, or about their walk with Christ or their family if they prefer. A simple adjustment may help open up more meaningful discussion even from the starting gate as come to meet someone.

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Saving, Treasures In Heaven

It Is Good To Help Fellow Brothers And Sisters In The Faith

It is good to financially help our fellow brothers and sisters in Christ when they are in genuine need. This is not to imply they are not to be striving to provide for themselves or that we must support someone else at the expense of all our financial means, but rather that we would seek our Father to lead us in giving willingly and joyfully to those in need.

In scripture, we see that Paul leads the churches he helped to plant to function as one body of Christ, regardless of distance or familiarity with one another. It is not an individual competition. It is a team event.

1 Corinthians 16

Instructions and Greetings

     1Now concerning the collection for the saints, as I directed the churches of Galatia, so do you also. 2On the first day of every week each one of you is to put aside and save, as he may prosper, so that no collections be made when I come. 3When I arrive, whomever you may approve, I will send them with letters to carry your gift to Jerusalem; 4and if it is fitting for me to go also, they will go with me.

      5But I will come to you after I go through Macedonia, for I am going through Macedonia; 6and perhaps I will stay with you, or even spend the winter, so that you may send me on my way wherever I may go. 7For I do not wish to see you now just in passing; for I hope to remain with you for some time, if the Lord permits.

—-

Remember that all you have belongs to God. Manage your money God’s way and use it for His glory rather than your own. Visit GrowGodsMoney.org .

Ethics, Greed, Taxes

Taxes… Just as Aggravating Now as Long Ago

Many of us are frustrated or angry about the amount of money that our local, regional, or national governments demand in taxes. Given the exhaustive examples of how that tax money is wasted badly by the government or given away to others who are not working or paying taxes it is understandable why we would feel this way.

Do you know that Yeshua faced something similar during His earthly ministry? Let’s watch Jesus’ response when confronted by others to pay a tax (to the temple, not Caesar) from which He is actually exempt.

Matthew 17:24-27

      24When they came to Capernaum, those who collected the two-drachma tax came to Peter and said, “Does your teacher not pay the two-drachma tax?” 25He said, “Yes.” And when he came into the house, Jesus spoke to him first, saying, “What do you think, Simon? From whom do the kings of the earth collect customs or poll-tax, from their sons or from strangers?” 26When Peter said, “From strangers,” Jesus said to him, “Then the sons are exempt. 27“However, so that we do not offend them, go to the sea and throw in a hook, and take the first fish that comes up; and when you open its mouth, you will find a shekel. Take that and give it to them for you and Me.”

My first observation is that it appears the collectors of the temple tax wasted no time in coming to find new visitors and ask them to pay the tax.  There is no record here of a welcome or greeting of any kind but rather the focus is clearly on collecting their money. It seems those who collect other people’s money to spend as they see fit (e.g. tax collectors) have not changed much in thousands of years. Human nature is still human nature.

At this point it is worth noting that the temple tax was deemed a measure of atonement for sin. As Jesus was free from sin, He could have rightly refused to pay it. Additionally, Jesus makes the point that God does not tax Himself anymore than a King taxes himself and thus Jesus would again be exempt.  However, many would not understand or accept Jesus correct explanation of why He was exempt. It would cause them to stumble.

Similarly, we can sometimes make an argument that some of the taxes should not apply to us, or those who take in income in cash may rationalize that the government will waste it anyway and so they decide not to report their cash income. This is a typical human response for someone who is focused on what may be best for them or is just angry with the government waste.

However, Jesus was aware that refusing to pay the temple tax would stumble some and discourage them from following Him. The greater purpose directed Him to pay the tax even though He was exempt. Jesus was focused on a bigger picture than just the incremental tax payment.

How might this apply to us today? If we submit to Jesus, scripture commands us to proclaim Him publicly. If we proclaim Him publicly, but then give the appearance that we also break tax laws or worse, actually break tax laws… it could not only reflect badly on us personally, but on Jesus Christ whom we publicly represent. We may stumble people as they struggle to see what it means to live for Jesus Christ.

It is fine to be accurate in calculating tax payments and avoid paying the government too much. It may even be noble or helpful to actively campaign to lower the tax burden as it would help many.  However, we should avoid even the appearance of wrong doing in how we manage our finances in general, and our taxes specifically. Thus, we should pay what we owe by law.

When we decide whether or not to do something, each of us should take time to reflect… “Am I only considering how this affects me? or am I also considering how it may affect or stumble other believers or those who may be watching and deciding if following Jesus really does lead people to be different from others?”

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Control Spending, Ethics, Generate Income, Greed, Taxes

Tax Time Again… arrgh. What Would Jesus Do?

It is that fun time of year again… tax day is approaching. No doubt, most of us… with rare exception… would prefer to pay less taxes (or no taxes) to the government. Many are tempted to lie and misrepresent their income to the government in order to reduce their tax bill. We should take care to consider what God wants from us, instead of what we want. There is no qualification about agreeing with the government on how the money is to be spent in order to pay the taxes. We are simply to pay the rightful taxes due.

Romans 13:1-7

Be Subject to Government

      1Every person is to be in subjection to the governing authorities. For there is no authority except from God, and those which exist are established by God. 2Therefore whoever resists authority has opposed the ordinance of God; and they who have opposed will receive condemnation upon themselves. 3For rulers are not a cause of fear for good behavior, but for evil. Do you want to have no fear of authority? Do what is good and you will have praise from the same; 4for it is a minister of God to you for good. But if you do what is evil, be afraid; for it does not bear the sword for nothing; for it is a minister of God, an avenger who brings wrath on the one who practices evil. 5Therefore it is necessary to be in subjection, not only because of wrath, but also for conscience’ sake. 6For because of this you also pay taxes, for rulers are servants of God, devoting themselves to this very thing. 7Render to all what is due them: tax to whom tax is due; custom to whom custom; fear to whom fear; honor to whom honor.

Matthew 22:15-22 

Tribute to Caesar

      15Then the Pharisees went and plotted together how they might trap Him in what He said. 16And they sent their disciples to Him, along with the Herodians, saying, “Teacher, we know that You are truthful and teach the way of God in truth, and defer to no one; for You are not partial to any. 17“Tell us then, what do You think? Is it lawful to give a poll-tax to Caesar, or not?” 18But Jesus perceived their malice, and said, “Why are you testing Me, you hypocrites? 19“Show Me the coin used for the poll-tax.” And they brought Him a denarius. 20And He said to them, “Whose likeness and inscription is this?” 21They said to Him, “Caesar’s.” Then He said to them, “Then render to Caesar the things that are Caesar’s; and to God the things that are God’s.” 22And hearing this, they were amazed, and leaving Him, they went away.

Ok. So we are supposed to pay the rightful taxes due. Got it. That said, paying taxes is a lot like spending money. We should do so carefully and only pay what is required. There is no “extra credit” in overpaying taxes. In fact, government often uses the money inefficiently and without wisdom. In almost all cases government uses the money without giving glory to God.

We should pay careful attention to how managing our money affects what we pay in taxes. Key decisions in investing and estate planning can have big implications. To ignore the significant impact of taxes on our financial planning is to be irresponsible and likely pay too much money to the government. If you want to give it away … that is great, but find a way to honor God with the money and give it away wisely rather than overpay the government.

Many reputable investing sites have resources to help such as those at Charles Schwab’s online resource center section on taxes or Fidelity’s online guidance and retirement section on taxes. These resources can be very helpful. So too can relatively affordable tax software like TurboTax which make complying with your tax requirements accurate and more efficient… saving much time and headache. If you prefer, consult your financial advisor and tax professional for impacts that you should consider for your financial planning.

The money we pay in taxes (federal, state, local, income, sales, inheritance, etc.) represents a lot of money. Understanding how to optimize your tax burden will help you achieve your overall financial goals more effectively.

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Optimizing Life, Treasures In Heaven

Our Entire Lifetime Is But a Moment to God; Focus on What Lasts

It is very easy to get wrapped up in our own earthly lives and put more importance in them than is due. Our lives on this earth are brief, our days numbered… our entire lifetime is but a moment to our Creator. We should take care to keep in mind our significance is best appreciated in the eternal impact we can have by helping others to find Christ rather than the worldly accomplishments we value so much and work so hard for.

Psalm 39

For Jeduthun, the choir director: A psalm of David.

1I said to myself, “I will watch what I do

and not sin in what I say.

I will hold my tongue

when the ungodly are around me.”

2But as I stood there in silence—

not even speaking of good things—

the turmoil within me grew worse.

3The more I thought about it,

the hotter I got,

igniting a fire of words:

4“Lord, remind me how brief my time on earth will be.

Remind me that my days are numbered—

how fleeting my life is.

5You have made my life no longer than the width of my hand.

My entire lifetime is just a moment to you;

at best, each of us is but a breath.”

Interlude

6We are merely moving shadows,

and all our busy rushing ends in nothing.

We heap up wealth,

not knowing who will spend it.

7And so, Lord, where do I put my hope?

My only hope is in you.

8Rescue me from my rebellion.

Do not let fools mock me.

9I am silent before you; I won’t say a word,

for my punishment is from you.

10But please stop striking me!

I am exhausted by the blows from your hand.

11When you discipline us for our sins,

you consume like a moth what is precious to us.

Each of us is but a breath.

Interlude

12Hear my prayer, O Lord!

Listen to my cries for help!

Don’t ignore my tears.

For I am your guest—

a traveler passing through,

as my ancestors were before me.

13Leave me alone so I can smile again

before I am gone and exist no more.

Take time to prayerfully consider your priorities. Do not just list what you say is important and a priority. It is easy to say that God is number one. Instead, write down how you spend your time, energy, money, and talent. Is most of it spent honoring God and furthering His kingdom? or building your own through work or even family in which you place your value? Do you stand up for the values God reveals to us in the Bible? They are unchanging over time regardless of public opinion. Or do you change your view of what is right and wrong based on what people think today… and then change it again with them tomorrow to “get along” or “be tolerant”. God is not tolerant of rebellion to do things our own way! God calls out right and wrong clearly and it does not change over time.

If God is truly our priority than our lives should reflect it… as brief as they are. Do not put off to tomorrow submitting to and obeying God, but rather get started right away. The only things that will really matter at the end of our lives is whether or not we submitted to Jesus Christ as Lord and Savior personally and the impact we had to further God’s kingdom while we were on earth.

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Treasures In Heaven

Honor the LORD Joyfully and Generously

Let us remember to honor the LORD joyfully and generously with what He has given us. It helps to remember that all we have was provided by Him. We are simply giving some of it back to honor and glorify Him. Let us do so in celebration and not resentment. Let us do so willingly and not reluctantly or out of obligation. Consider the attitude of David and his leaders under him when preparing the temple. It is reminiscent of the generous donations that the people were bringing to Moses when building the Tabernacle.

1 Chronicles 29:1-22a

Offerings for the Temple

      1Then King David said to the entire assembly, “My son Solomon, whom alone God has chosen, is still young and inexperienced and the work is great; for the temple is not for man, but for the LORD God. 2“Now with all my ability I have provided for the house of my God the gold for the things of gold, and the silver for the things of silver, and the bronze for the things of bronze, the iron for the things of iron, and wood for the things of wood, onyx stones and inlaid stones, stones of antimony and stones of various colors, and all kinds of precious stones and alabaster in abundance. 3“Moreover, in my delight in the house of my God, the treasure I have of gold and silver, I give to the house of my God, over and above all that I have already provided for the holy temple, 4namely, 3,000 talents of gold, of the gold of Ophir, and 7,000 talents of refined silver, to overlay the walls of the buildings; 5of gold for the things of gold and of silver for the things of silver, that is, for all the work done by the craftsmen. Who then is willing to consecrate himself this day to the LORD?”

      6Then the rulers of the fathers’ households, and the princes of the tribes of Israel, and the commanders of thousands and of hundreds, with the overseers over the king’s work, offered willingly; 7and for the service for the house of God they gave 5,000 talents and 10,000 darics of gold, and 10,000 talents of silver, and 18,000 talents of brass, and 100,000 talents of iron. 8Whoever possessed precious stones gave them to the treasury of the house of the LORD, in care of Jehiel the Gershonite. 9Then the people rejoiced because they had offered so willingly, for they made their offering to the LORD with a whole heart, and King David also rejoiced greatly.

David’s Prayer

      10So David blessed the LORD in the sight of all the assembly; and David said, “Blessed are You, O LORD God of Israel our father, forever and ever. 11“Yours, O LORD, is the greatness and the power and the glory and the victory and the majesty, indeed everything that is in the heavens and the earth; Yours is the dominion, O LORD, and You exalt Yourself as head over all. 12“Both riches and honor come from You, and You rule over all, and in Your hand is power and might; and it lies in Your hand to make great and to strengthen everyone. 13“Now therefore, our God, we thank You, and praise Your glorious name.

      14“But who am I and who are my people that we should be able to offer as generously as this? For all things come from You, and from Your hand we have given You. 15“For we are sojourners before You, and tenants, as all our fathers were; our days on the earth are like a shadow, and there is no hope. 16“O LORD our God, all this abundance that we have provided to build You a house for Your holy name, it is from Your hand, and all is Yours. 17“Since I know, O my God, that You try the heart and delight in uprightness, I, in the integrity of my heart, have willingly offered all these things; so now with joy I have seen Your people, who are present here, make their offerings willingly to You. 18“O LORD, the God of Abraham, Isaac and Israel, our fathers, preserve this forever in the intentions of the heart of Your people, and direct their heart to You; 19and give to my son Solomon a perfect heart to keep Your commandments, Your testimonies and Your statutes, and to do them all, and to build the temple, for which I have made provision.”

      20Then David said to all the assembly, “Now bless the LORD your God.” And all the assembly blessed the LORD, the God of their fathers, and bowed low and did homage to the LORD and to the king.

Sacrifices

      21On the next day they made sacrifices to the LORD and offered burnt offerings to the LORD, 1,000 bulls, 1,000 rams and 1,000 lambs, with their drink offerings and sacrifices in abundance for all Israel. 22So they ate and drank that day before the LORD with great gladness.

David and his leaders are inspirational. It is important, however, to remember we are called to be good stewards of what the LORD has given us (Matthew 25:14-30). That means we should not blindly give our resources to someone in God’s name, but rather test and use discernment and seek counsel to ensure we invest wisely in the kingdom. It often is not just writing a check to the local church.

If you are someone who receives money from people in the name of God, do not spend it wastefully, but rather with prayer and careful reflection. Be a good steward of what God brings to you and use it for His glory.

—-

Remember that all you have belongs to God. Manage your money God’s way and use it for His glory rather than your own. Visit GrowGodsMoney.org .

Control Debt, Control Spending, False Teaching, Generate Income, Investing, Optimizing Life, Parables, Plan Carefully and Seek Wise Advice

The Way of a Fool Is Right In His Own Eyes

We should be careful to listen to God’s advice. Those who wish to become wise, who love knowledge, must accept discipline and correction… must recognize that others may have more wisdom in some areas than ourselves. That is how we learn and get better.

Proverbs 12:1 and 15

1Whoever loves discipline loves knowledge,
But he who hates reproof is stupid.

 15The way of a fool is right in his own eyes,
But a wise man is he who listens to counsel.

If you are not humble enough to acknowledge that others may have wise input worthy to consider, that you may have made or be making mistakes than you will continue to make mistakes.

Be humble. Seek wisdom. Accept correction from God and from others. Learn from it. Grow in wisdom.

These fundamentals apply to all aspects of life… and certainly to all aspects of managing your finances. There are great examples of public organizations or private advisors that can help. Most people even have others around them that may have good input.

For a few examples, please visit our resources section of our website.

Resources

Our mission is to help you. We provide the Resources section of GrowGodsMoney.org to help provide you with greater depth of resources by referring you to high quality organizations that have a lot of great content or provide a financial service (e.g. broker for investments).

We do not get paid by these organizations for referrals. We do not “compete” with these institutions, but rather see ourselves as part of the body of Christ in connecting you with helpful resources they already provide.

If there are resources you would like to recommend or give us feedback on, please send us information from the Contact Us page.

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

Greed, Treasures In Heaven

Is It Wrong To Be Rich?

Many are confused about money and tend to stereotype people into two artificial categories of people… the “rich” and the “poor”. For starters, even how people view these categories is very inconsistent. People in the U.S.A say there are rich and poor in our country. From a certain point of view that is correct. However, compared to people around the world, even most of the “poor” in the U.S.A. are wealthy.

God has a lot to say about money in the Bible.

Not all “rich” people are greedy and not all “poor” people are virtuous. In fact some “poor” people are greedy. Greed is best defined as the love of money, not the possession of money.

 1 Timothy 6:10 –  For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs.

Ecclesiastes 5:10 –  He who loves money will not be satisfied with money, nor he who loves abundance with its income. This too is vanity.

Sometimes scripture can be taken out of context and misunderstood… confusing people to believe that rich people can not be righteous and that being rich is wrong or only achieved through greed.

Matthew 19:24 – “Again I say to you, it is easier for a camel to go through the eye of a needle, than for a rich man to enter the kingdom of God.”

For starters, it is not referring to a sewing needle, but rather a narrow entry into a city… but essentially what Jesus is warning about here is not that all who have money are evil or greedy or cannot be saved. That is not the point. The warning is that often those who have much wealth come to rely on it instead of God, thus presenting a significant challenge for them. Jesus goes on to say that it is possible for the rich man to be saved with God’s help.

Matthew 19:25-26 – When the disciples heard this, they were very astonished and said, “Then who can be saved?” 26And looking at them Jesus said to them, “With people this is impossible, but with God all things are possible.”

Some will then say… “why did Jesus tell the rich man to go and sell all his possessions earlier in Matthew 19:16-28 and give all the money to the poor?”

The answer is that Jesus was identifying for this specific man that he (not all rich people) was putting money before God. That was his primary obstacle stopping him as an individual from truly following God. Truth be told, we all need God’s help to be saved. Some may struggle with love of money, but others struggle with different but equally devastating idols or sin such as sloth, gluttony, drunkenness, adultery or sexual immorality, etc.

Not all rich people struggle with love of money. Abraham is an excellent example of a wealthy person who routinely trusted God and did not fall prey to the love of money. There are multiple examples in Genesis including where he lets Lot pick the best land to take for his flocks instead of Abraham picking first (Genesis 13) and again after battle when Abraham is offered the treasure recovered through Abraham’s efforts, Abraham refuses it (Genesis 14:17-24).

Despising people because they have a lot of money or feeling that it is wrong to have money is not biblically sound. It makes no more sense than despising someone because they are poor. Neither position is correct.

Money is a tool , which can be put to use to serve God or used selfishly. It is the condition of our heart rather than how much money we have that determines whom we serve and if we are righteous.

—-

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .

We help you create a simple but effective framework for a personal financial plan including generating income, managing debt and spending, investing and giving.