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What the Bible Says About Money

When I’m introduced to someone and am asked what I do for a living, I tell people that I teach what the Bible says about handling money. Often my new acquaintance looks at me in disbelief and says, “The Bible talks about money? How does that apply to us today?”

The Bible is loaded with 2,350 verses dealing with how to handle money and possessions. Surprisingly, 15% of everything that Jesus said had to do with it. There are two major reasons the Lord said so much about it.

First, God loves us like crazy and He realized that, from time to time, money was going to be a challenge for us all—so He wanted to give us a road map to handle it the very best way possible. Second, He knew that money would be the primary competitor with Christ for the lordship of our lives. Matthew 6:24 says, “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to one and despise the other. You cannot serve both God and money.”

The Bible reveals that God is the owner of all that we have. Psalm 24:1 tells us, “The earth is the Lord’s and everything in it.” On the other hand, our responsibilities are summed up in 1 Corinthians 4:2, “It is required in stewards that one be found faithful.” Our job is to faithfully handle money God’s way.

Fortunately, the Bible tells us why and how we are to work, give, save, spend, invest, get out of debt, and teach our kids how to handle money in the wisest way possible.

The Bible is God’s Word and everything in it is true. It is practical and applies to every generation and every culture.

To learn more about what the Bible says about money, order the Financial Stewardship Bible. Compass partnered with American Bible Society in producing this Bible that has all 2,350 verses highlighted (in green, of course) and a 40-day financial devotional.

In Christ,

Howard

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How to Stay Debt-Free For Christmas

Well, it’s that time of year to put up the Christmas decorations and engage in the annual tug of war between you, your credit card, and the retailers as you do your shopping for gifts. And guess what? The average shopper racks up more than $500 in credit card debt Christmas shopping and doesn’t pay it off until the following October!

So, what should we do to stay out of debt this Christmas?

No, it isn’t finding the best sale. It’s having a Christmas spending plan that you stick to and making some creative decisions. And it’s even more important to remember what Christmas is really all about… celebrating the birth of our Lord and Saviour, Jesus Christ.

When you use a spending plan for Christmas, you tend to think more carefully about your spending and avoid impulsive purchases. So, here are some suggestions on having a debt-free Christmas that is also a wonderful time and memory for your family.

  • Be a student of each member of your family and buy or make inexpensive gifts that are valuable to the recipient because it reflects their personal interests and needs.
  • If finances are tight this year and you have an extended family, consider name-swapping so each person buys a gift for only one or two people.
  • Create a culture of the family enjoying the fellowship with one another and focusing on Christ and not tons of presents.
  • Consider as a family giving to those who are needy. We did this when our children were young and discovered it replaced greed and the desire to get more and more with memories we still talk about fondly.
  • Make Christmas about Christ by having a birthday cake for Him, caroling with friends, and reading the Christmas story.

The world has taken Christ out of Christmas – let’s put Him back in it front and center.

Merry Christmas!

Howard