4-26-2017 What Money Can’t Buy

David said: “If riches increase, Do not set your heart on them(Psalm 62:10 NKJV). Riches cannot buy: 1) salvation. “knowing that you were not redeemed with corruptible things, like silver or gold”     (1 Peter 1:18 NKJV); 2)A good name is to be chosen rather than great riches, Loving favor rather than silver and gold” (Proverbs 22:1 NKJV); 3) Permanence. “Will you set your eyes on that which is not? For riches certainly make themselves wings; They fly away like an eagle toward heaven” (Proverbs 23:5 NKJV); “For riches are not forever, Nor does a crown endure to all generations” (Proverbs 27:24 NKJV). Truly Jesus warned that it was possible for riches to kill faith before it can begin, for one “who hears the word, and the cares of this world and the deceitfulness of riches choke the word, and he becomes unfruitful” (Matthew 13:22 NKJV).

This is Johnny Polk, with “Words of Wisdom” brought to you by the Oneida church of Christ.

#money, #riches

VOTD: Proverbs 21.17

“Those who love pleasure become poor;
those who love wine and luxury will never be rich.”

Proverbs 21.17 NLT

The lover of pleasure wanders from the way of wisdom, v. 16.

What modern pleasures do people waste their money on?

#money, #pleasure, #votd, #wisdom

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)

#finances, #money, #parables, #wisdom

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)

#budget, #debt, #finances, #frugality, #money

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

Gambling a lose-lose situation

Yesterday, some sap in the greater Los Angeles area won Powerball’s 1.5 billion dollar prize. He’ll now become the gambling industry’s poster boy for the poor man’s tax, impoverishing more still those who can least afford to let go of their money. The money he pockets came directly from millions of others who cherished his hopes. Does he consider that his winning meant their loss? Probably not. Gambling is truly a lose-lose situation. Even the winner is a loser. But isn’t that the way the world works?

A billionaire gave some advice to the winner of the lottery. Say no to friends and family. Apparently, he’s telling the newest member of his exclusive club to refuse all requests to share the wealth.

Suddenly, the winner will have the most loving extended family and will gain many new friends. “Wealth attracts many friends, but a poor man is separated from his friend” Prov 19.4 HCSB. Money moves the world. Continue reading

#corollaries, #gambling, #god, #money, #preaching, #put-on-christ

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)

 

#finances, #financial-tip-friday, #money, #store-sale