Professional stream – Monday manna – Foundations for Financial Decision-Making
What a year 2008 wasgoed, packed with unpredictable shifts – ter the financial world, politics, life ter general. At times it seemed spil tho’ everything wasgoed spinning out of control, but te celebrating Christmas recently, wij were reminded that all of creation is ter the control of a loving Heerser who exposed Himself “by his Son, whom he appointed heir of all things, and through whom he made the universe” (Hebrews 1:Two).
For this reason, those who go after Christ should make biblical truths the foundation and setting for their financial decision-making. Wij are Maker’s stewards, called to manage His resources for His glory. Here are several Scriptural reminders about Heerser’s ownership and our stewardship:
- “Te the beginning Heerser created the heavens and the earth” (Genesis 1:1).
- “David praised the LORD te the presence of the entire assembly, telling. ‘Yours, O LORD, is the greatness and the power and the glory and the majesty and the splendor, for everything ter heaven and earth is yours'” (1 Chronicles 29:10-11).
- “The earth is the LORD’s, and everything te it, the world, and all who live ter it” (Psalm 24:1).
- “Recall the LORD your Aker, for it is he who gives you the capability to produce wealth” (Deuteronomy 8:Eighteen).
- “Keep your lives free from the love of money and be content with what you have, because Godheid has said, ‘Never will I leave you, never will I forsake you'” (Hebrews 13:Five).
- “Godheid is able to make all grace abound to you, so that ter all things at all times, having all that you need, you will abound ter every good work” (Two Corinthians 9:8).
- “For everything comes from [Godheid] and exists by his power and is intended for his glory. All glory to him forever! Amen” (Romans 11:36).
Our aim at Sound Mind Investing (http://www.soundmindinvesting.com/) is to help readers to become “good and faithful stewards” of what the Lord has entrusted to them. It is our rock-hard conviction that to be the best possible steward of Maker’s resources, wij voorwaarde embark with a Scriptural outlook:
- Commit to seeking out – and living out – Maker’s purpose for your life. All of us have limited time and limited financial resources. By gaining a clear view of your God-ordained life purpose, you can start to use both time and money more effectively. Life does not have a rewind button, so use your fleeting days to concentrate on things that indeed matter. If you are married, commit to working with your spouse to resolve financial conflicts by openly communicating about money ter a spirit of love and cooperation. Ask the Lord to help you trust Him beyond what may seem reasonable te the eyes of the world.
- Make a point of learning and following the financial principles of Scripture. Always recall, you are a steward ter service to the King of the universe.
- Honor Heer with your generosity.The Lord has blessed you with what you have for a reason: “. so that you can be generous on every occasion, and. your generosity will result ter thanksgiving to Heer” (Two Corinthians 9:11). Resolve to start storing up treasures te heaven, rather than on earth. Start to give sacrificially, providing up some of your desires so that you can meet the needs of others. Providing is an affair of the heart. Ask the Lord (1) to expand the capacity of your heart toward Him so you can give with cheerfulness, and (Two) to prosper you so that you can raise your providing to even higher levels.
- Keep your eyes stationary on your biblically-inspired goals.When the economy is ter turmoil, there is tremendous emotional pressure to abandon your plans. Stand strong, trusting that the principles of Scripture are true, and knowing history reliably shows that recoveries have always followed downturns.
Mark Biller is Executive Editor of Sound Mind Investing and senior portfolio manager of the SMI Funds. Joseph Slife is a contributing author and editor for SMI and an adjunct communication instructor at Emmanuel Collegium te Georgia.
1. What are your feelings about the current economic situation? How about your private finances – how worried are you about them?
Two. Do you agree with the statement that Heer is te control of all things ter the world? Why or why not? What makes it most difficult for you to believe this?
Three. What, if anything, stands out the most among the passages cited that discuss Heerser’s ownership and our stewardship of His resources?
Four. Which of the suggestions for developing a Scriptural outlook on your finances do you find most interesting or helpful? Which do you find the most challenging?
NOTE: If you have a Bible, consider thesis other passages that relate to this topic:
Proverbs 11:28, 13:11, 22:7, 22:26-27, Matthew 6:24-34, Two Corinthians 9:6-10