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  • Eugene Adkins 6:14 am on 2016-11-08 Permalink | Reply
    Tags: finances, , ,   

    Being smart with our money 

    So the master commended the unjust steward because he had dealt shrewdly. For the sons of this world are more shrewd in their generation than the sons of light.” (Luke 16:8 – NKJV)

    Smart money is money that has been used wisely. And while it may shock some, Jesus was big on the idea of God’s people being smart with their money.

    True enough that Jesus’ financial advice included making the right investments in Heaven as opposed to solely here on Earth (Matthew 6:19-21), but Jesus also emphasized the importance of being wise with the money that we use during our stay on Earth. He even did so to the extent that he told a story that ended up praising a steward’s wise use of his master’s finances. Not once did Jesus praise the steward’s moral character…but he did praise the steward’s smart use of money to get ahead with others. And I can’t help but get the impression that Jesus would love for us to combine good moral character with the good use of our money (and by that I mean the money God has given to us as stewards while we live upon this Earth).

    Jesus taught that we need to control our money as much as we need to avoid allowing our money to control us. To do that with have to be sensible with our cents.

    We need to avoid foolish spending trends like the “tiny home” hot real estate move that often costs anywhere from 25% to 200% more per square foot to own. We don’t need to buy something only because it’s on sale…it doesn’t matter how much we “save” if we spent something on something when we needed nothing to begin with. We do not need to get attached to name-brands that enjoy living off of reputation and not quality. These examples are only a few of the impulsive spending habits that can afflict us. And impulsive spending leads to predictable financial problems.

    Jesus had a lot to say about money; and Jesus had a lot to say because finances can not only ruin our eternal life, it can ruin our temporary one too!

    Therefore if you have not been faithful in the unrighteous mammon, who will commit to your trust the true riches? And if you have not been faithful in what is another man’s, who will give you what is your own?” (Luke 16:11-12)

     
  • Eugene Adkins 7:07 am on 2016-08-23 Permalink | Reply
    Tags: , , finances, ,   

    Being smart with money 

    The other day, a guy I know wrote a quick post concerning individuals in the field of ministry and their finances. The news wasn’t good!

    The post made me think about frugality and how it is sorely lacking in our culture. It has been reported by multiple sources, including this one, that American households are a little more than neck-deep in debt. The simple fact is, unless you’re making more than you’re spending (and you’re not the American government – so much for that of the people, for the people and by the people thing) you’re heading in the wrong direction! For all the money that Americans spend on education you would think this simple part of Economics 101 would get aced on the test.

    The borrower is a slave to the lender! You don’t have to subscribe to every thought that comes out of Dave Ramsey’s mouth to know that it’s true.

    The Bible has a lot to say about money. And a lot of it includes warnings for a good reason – because your mastercard is knocking. Oh the irony of a name like that!

    Being smart with money includes being frugal in how we spend it. Being frugal doesn’t mean you’re stingy, cheap or a lover of money. Being frugal simply means being economically smart. Return on investment matters in much more than the account that Wall Street knows about. There’s nothing mean about pinching a penny…unless Penny happens to be someone’s name of course.

    We trick ourselves into thinking that we’re better with money than we really are (I whole-heartedly agree with the principles mentioned in parts 1, 3, and 5 of the linked article). The bottom line doesn’t lie. Read the article and see if doesn’t hit home. If it doesn’t hit you, I guarantee it’s hitting someone you know and care about. We need to quit tricking ourselves.

    Budgets are as simple as the elementary math that the majority of us should know how to use. We just have to stop acting like kids that can’t resist buying a new toy every time we go to the store. Being frugal means sticking to a budget so that more of our money sticks around. That’s why frugality works as a great extinguisher for that green-colored paper that won’t quit burning a hole in our pocket.

    When you sit down to eat with a ruler, consider carefully what is before you; and put a knife to your throat if you are a man given to appetite. Do not desire his delicacies, for they are deceptive food.” (Proverbs 23:1-3)

     
  • J. Randal Matheny 7:15 am on 2016-08-19 Permalink | Reply
    Tags: finances, ,   

    Ministers and finances: Content with little? 

    An evangelical group’s survey found “bleak state” in these results of ministers’ finances:

    The survey reveals that 30 percent of pastors have student loan debt averaging $36,000; 33 percent have less than $10,000 in retirement funds; and 29 percent have no retirement savings.

    The survey also revealed that a minority received financial orientation in their ministerial studies.

    Makes one wonder how evangelists, preachers, missionaries, and elders supported by our people are doing financially.

    One suspects that many are, like the apostle to the Gentiles, learning the secret of contentment with little, Php 4.12.

    #ministry #finances #money

     
  • Eugene Adkins 6:36 am on 2015-05-15 Permalink | Reply
    Tags: finances, , , store sale   

    Financial Tip Friday – But it was on sale! 

    Closets, kitchen drawers, tool sheds and toy-boxes are full of things that never get worn, used, dirty or played with simply because they were purchased while “on sale”.

    To some people, the word S-A-L-E is something they can’t resist. To the business, the word S-A-L-E is a lure based off the M.S.R.P which, let’s face it, can be absolutely ridiculous depending upon the logo that the item bares.

    But it’s a limited time! If we buy now it comes with a free gift! I know I already 5 of them, but this price is too good! I’ll use it someday…maybe. Tell that to all the “cheap” stuff you already have.

    The fact of the matter is, just because something is on sale doesn’t mean it’s a good deal; and if we don’t need it then we paid too much for it whether it was on sale or not.

    Don’t get sold on sales. Be sensible. Stop being impulsive. Save your money.

    There is a store of great value in the house of the wise, but it is wasted by the foolish man.” (Proverbs 21:20 – BBE)

     

     
  • Eugene Adkins 6:12 am on 2015-05-08 Permalink | Reply
    Tags: finances, ,   

    Financial Tip Friday – Save a penny, earn a penny 

    No offense to my brothers or sisters who live North of the border, but few things are as annoying to me as getting a Canadian penny back as change. For all intents and purposes, you lose a penny every time you get a Canadian penny because a Canadian penny isn’t worth one American penny here in Middle Tennessee no matter what the exchange rate is. So what’s a person to do? I think I have the answer.

    Have you ever been to a tourist attraction and seen those machines that flatten out a penny while pressing an image into it? All you need is two quarters and a penny and you get a neat and cheap souvenir; try getting something that cheap from the gift-shop – it’s not happening!

    By now you probably get where I’m going with this tip. Instead of throwing away the Canadian penny (or worse yet, passing it along as change for someone else to get), save it to use in those souvenir machines. That way you don’t lose a penny, and by not losing a penny you save one, and by saving one you earn one.

    There is a store of great value in the house of the wise, but it is wasted by the foolish man.” (Proverbs 21:20 – BBE)

     

     

     
    • Eugene Adkins 7:17 am on 2015-05-09 Permalink | Reply

      Hey, Steve.

      I got to thinking about what you said and it seems like I remember hearing about that on the news because I remember thinking that there was no way anybody was going to round-down to the nearest 5-cent-mark and that it was actually like a mini-price-increase across the board. Thanks for the reminder. I think I’d still rather smash the Canadian pennies that I get back as change though.

  • Eugene Adkins 5:51 pm on 2013-04-14 Permalink | Reply
    Tags: finances, , , , ,   

    Why Does God Care About Your Money? 

    In no small part thanks to charlatans on TV and to thieves of the church treasury, finances stands large among the spiritual subjects that the world misunderstands. Some in the world view the church as a money hungry institution that has hypocritical stances concerning finances. They often confuse money itself being a root of all kinds of evil with the love of money being a root of all kinds of evil (1 Timothy 6:10). And they confuse works being done with the aid of money with works done being done through money alone. One thing the world, and maybe even the church, must come to understand is that God doesn’t need our money. The God who created the heavens and the earth is the same God who purchased man’s salvation – and He did both without spending one penny! God doesn’t need our money, but He does want our heart, and the reason that God is concerned about money when it comes to His people is because of the possible negative effects that one’s material wealth can have one’s spiritual health. One can deny it all they want, but the fact that purse-strings and heart-strings are tied together is too obvious to miss. Even Ebenezer Scrooge figured that one out! So if anyone is convinced that an individual can show a heart full of gratitude toward God while carrying a full wallet and purse that doesn’t know how to properly give then that person cares more about money than they do finding out about why God cares so much about the topic. Praise God for the people who own their money without their money owning them.

    Therefore I thought it necessary to exhort the brethren to go to you ahead of time, and prepare your generous gift beforehand, which you had previously promised, that it may be ready as a matter of generosity and not as a grudging obligation. But this I say: He who sows sparingly will also reap sparingly, and he who sows bountifully will also reap bountifully. So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver. And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for every good work. As it is written: “He has dispersed abroad, He has given to the poor; His righteousness endures forever.” Now may He who supplies seed to the sower, and bread for food, supply and multiply the seed you have sown and increase the fruits of your righteousness, while you are enriched in everything for all liberality, which causes thanksgiving through us to God.”

    (2 Corinthians 9:5-11 – NKJV)

     
  • J. Randal Matheny 4:52 pm on 2013-03-07 Permalink | Reply
    Tags: finances, , ,   

    Hard times 

    My mom found an old book of wisdom and scrapbook cuttings in a local store. She bought it for me. Here’s one entry:

    Why hard times come can easily be explained, according to Roger W. Babson, leading American financial authority. Mr Babson a few years ago said, “Every business depression has been caused by monkeying with either the Ten Commandments or the multiplication table.”

    The copyright of the book is 1954. His wisdom is timeless.

    Another entry talked about the “rising national debt.” The author could never dream of the American national debt today.

     
  • Richard Mansel 12:02 pm on 2012-10-03 Permalink | Reply
    Tags: , , , finances, ,   

    Faith and the Church Budget 

    When a congregation plans a budget for the upcoming year, they work with cold, hard numbers based on the expected contribution and the needs of the congregation.

    If this budget is seen as a business document alone, does it fit with the Lord’s work?

    If we step away from the business model, we ask: What role does faith and prayer have in the construction of a church budget? If we work on our budget in October and November, should we not begin praying for the budget months before?

    The sobering reality is that the terrible economy has been savage to church budgets causing cuts everywhere.

    • Does God stop working during difficult financial times?
    • Do we not redouble our prayer and maintain our faith during these trials?
    • Does God give us a pass when we have less money?
    • Does He expect us to give all the time regardless of the situation?

    I look forward to your thoughts on this subject.

     
    • robertebarger 2:57 pm on 2012-10-03 Permalink | Reply

      No where in the New Testament does it tell us to build builtings. It also tells them that preach the gospel to “work with your hands to give to the poor”. And do not take money to preach. We are to look to Paul the apostle as our example in this. He was a tent maker and suported himself and them that were with him. The early church met in believers homes, and as many as the Lord called shared what they owned with the rest of the body of Christ. The business of “Church” is not of God but of men.and the Devil. A preacher of the gospel does not need approval from any man, but is called of God and does not have to go to a collage, school, or commitly but he does have to wait on his ministry. Our calling is to feed the poor, care for the widows and fatherless and keep ourselves unspotted from the world. We are not to give to the rich, and when we give we are not to let the right hand know what the left hand is doing. And we are to give expecting nothing in return.

      • Eugene Adkins 5:35 pm on 2012-10-03 Permalink | Reply

        You’re wrong about the New Testament saying that preachers are not to be paid by the church.

        Read 1 Corinthians 9:8-10, 2 Corinthians 11:7-9 and 1 Timothy 5:17-18.

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