Updated 07:54 am.EST, Mon November 23, 2009

Business|Sat, Dec. 20 2008 05:44 PM EST

Managing Money God's Way

By John Dillard|Christian Post Guest Columnist

“Keep your lives free from the love of money and be content with what you have.” Hebrews 13:5

Invest & Use Money Wisely

God exhorts us to earn our money honestly, investing it wisely and allowing it to grow slowly over time (Proverbs 13:11). For we can either chose to serve God or to serve money, as it is impossible to do both (Matthew 6:24). Using money judiciously requires us to understand not only money is used but also how it should be invested. One of the most telling of Jesus parables is in the telling of the talents where a master’s money is allocated to his three servants based upon the ability of the parties involved. Two of the servants invested the money well and earned even more money while the third servant hid the money failing to gain even the interest that could have been gained had it been invested at a bank. Upon the master returning and discovering what had transpired, he took the money from the un-wise investor and gave it to the servants who invested prudently. Then the servant who now had nothing was thrown outside into the dark where there was great weeping and gnashing of teeth. God wants his people to enjoy all of good and perfect gifts He provides and it is up to us as Believers to know and understand God’s plan for money and our lives. Although I am not aware of compounding interest being examined anywhere in either the Old or New Testament, the concept of interest and its ability for growth are time tested, well approved and documented.

Faith & Stewardship

God is best able to help us when we are in the Word, surrounded by wise counsel and are seeking after His will for our life. In Acts 8:20, we are reminded that our money and all we accumulate will be immediately of no use to us at our death as indeed we are all saved by grace, and that no gift or any amount of money will ever help us buy our way into Heaven. In Mark 6:8 when Jesus sends the disciples out for missions, he encourages them to take no money along with them for the journey leaving divine providence alone as the financier of their work. It is usually when we are at our wits end or out of resources where our walk become more faith than self based.

“Be shepherds of God’s flock that is under your care, serving as overseers—not because you must, but because you are willing, as God wants you to be; not greedy for money, but eager to serve.” 1 Peter 5:2

We are all a work in process for which God prunes us, readying our spirit for what lay ahead. Leaning not on our own understanding but the Bible’s is the most important step you will ever make in determining to use your resources wisely. Applying these precepts to your money management will help you avoid unnecessary debt, frivolous expenditures, invest wisely and to use your money as it has always been intended.

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John Dillard is an author and Certified Public Accountant. To See how he takes Christ along with him to work visit www.HisCPA.com and for his latest book Overcoming Life's 9/11's: Job's Journey visit www.John-Dillard.com "Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!"
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  • Sat Dec 20, 2008 10:05 pm Agree: 0   Disagree: 0

    Great advice. Thanks for the input.

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