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The 3 Biggest Lessons I’ve Learned About Biblical Finance

In 1973, my business partner asked me to join him in a study of the Bible to discover what it said about money and possessions. I had never read the Bible before so this was going to be an eye-opening experience……..and it certainly was!

 

There were three things that really resonated with me during this year-long project.

 

  1. The Bible says a ton about money! There are 2,350 verses dealing with money and possessions. In fact, 15% of everything that Jesus said had to do with it. The reason the Lord said so much about money is simple. God loves and cares for us. He knew that all of us would have financial challenges and he wanted to equip you to handle it wisely.

 

  1. I thought that the only financial subject the Bible would address was generosity — the handling of 10 percent of our money. But it tells us how to earn, spend, save, give, invest, get out of debt, and teach our children. It shows us God’s way of handling 100 percent of our money. Everything we need to know about handling it is found in God’s word.

 

  1. Finally, the Bible reveals God has a role in handling money, and we have a part. God’s part is that he is the owner of everything, He is the One who provides our needs, and He is in ultimate control of all events. Take a look at how 1 Chronicles 29:11-12 sums up God Part: “Everything in the heavens and earth is yours, O Lord, and this is your kingdom. We adore you as being in control of everything. Riches and honor come from you alone, and you are the ruler of all mankind. Your hand controls power and might, and it is at your discretion that men are made great.” Our Part is that we’re to be faithful stewards of whatever God entrusts to us.

 

If you would like a Bible that has each of the 2,350 verses highlighted that deal with money and possessions, check out our Financial Stewardship Bible.

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What the Bible says about Handling 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 percent 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 at www.compass1.org. 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.

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Breaking News!

Dear Friends,

The Donald and Kim Kardashian beat Bible on money advice!!

I was privileged to work with the American Bible Society (ABS) in producing the Financial Stewardship Bible. ABS did a terrific job with this very helpful Bible with all 2,350 verses dealing with money and possessions highlighted–in green, of course.

The Bible has just been publicly released, and USA Today conducted a survey to find out who the public would trust more for financial advice: the Bible, Donald Trump (several of his properties have been through bankruptcy) or Kim Kardashian (the reality show star).

Please go to http://usat.ly/zypXei to see the article and the results. I sent this link to a friend last night, and his response says it all:

“It never ceases to amaze me how glitter and superficiality in our culture take precedence over true and real values and meaning. Glamour over God’s Glory, so the world thinks. But this results only in meaningless detraction and depression rather than having eternal definition and purpose.

Pray for the work Compass has been called to do. We have a long way to go in equipping people in our country to handle money God’s way.

Warmly in Christ,
Howard