The Power of Compound Interest

There is never a convenient time to save and invest money. Many people, rich and poor, believe they cannot afford to invest. The truth is that people cannot afford NOT to save and invest. From the village farmer to the office worker, the best time to invest is now, even if the amount contributed is small. Most people can find something to cut out of their spending and invest that amount—the price of a soda, chips, etc. That which is small can become large through the power of compound interest. Consistent saving will accumulate through time, so start saving when you are young.

 

 

Financial Stewardship – Bible Study

Scripture Reading: Moreover it is required in stewards, that a man be found faithful. —1 Corinthians 4:2 

Summary: Doctrines and principles of financial stewardship are an integral part of the Old and New Testament. A child of God is to manage temporal things with integrity and honesty. Scripturally-based financial planning is important to enable the Christian to work, pay, give, and prepare for the future to live in accordance with God’s provision and care.

Definition: Stewardship—The careful and responsible management of something entrusted to one’s care (Merriam-Webster).Read more

Biblical Principles of Financial Stewardship

The Scripture lays out many clearly defined principles of financial stewardship that if followed will bring greater peace of mind and stability.

Good Work Ethic

Christians are to be an industrious and hardworking people, not slothful in temporal affairs (Romans 12:11). Proverbs 24:30-34 details the field of the lazy man who does not tend well to his field. Through carelessness and inattention, the field did not yield a good harvest so poverty came. Christian stewards are to have a good work ethic and should work hard,
be on time, and do things at a high standard. A welfare mentality is contrary to Scripture.
2 Thessalonians 3:10-12 states, “If any would not work, neither should he eat.” Paul commanded these people who were not working due to laziness to “work and eat their own bread.” From the fall of Adam, man was given a charge to work and eat bread from the sweat of his brow and the labor of his own hands.Read more

Marriage & Money

Research shows that money is one of the main reasons for marriage problems and one of the leading causes of divorce. Money issues can be challenging in the home but can be minimized by following biblical principles.

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Good Debt vs. Bad Debt

All debt is not created equal. Good debt is referred to as debt that helps generate income and increases net worth such as education, business ownership, real estate, and investing. Even “good” debt is not guaranteed and can have a downside.

“Bad debt” refers to debts incurred to purchase depreciating assets such as vehicles, clothes, consumables, and other goods and services. Credit card debt is one of the worst due to high interest rates if not paid in full monthly.

God Knows You Need These Things

What shall we eat? …. or, Wherewithal shall we be clothed? …. Your heavenly Father knoweth that ye have need of all these things.  But seek ye first the kingdom of God….
 —Matthew 6:31-33

Dedicated, full-time gospel workers will often experience financial hardship and even poverty as they labor to promote the richer treasures of Christ rather than the mammon of this life. While time and talents should be fully invested for the furtherance of the kingdom of God, money is necessary to live in this world. God is well aware of this reality and will not forget His servants in their time of need. Ministers of the gospel must be willing to suffer while maintaining a steadfast faith that God has promised to provide those necessary things. In times of difficulty, our trust must rise beyond the present need in acknowledging that God has a higher purpose and plan.Read more

Two Kingdoms – Earthly and Heavenly

For our conversation [citizenship, government] is in heaven; from whence also we look for the Saviour, the Lord Jesus Christ. —Philippians 3:20

The heroes of faith detailed in the eleventh chapter of Hebrews were of sundry nationalities, lived in different generations, and died diverse deaths; but they had something in common. Their eyes were enlightened with a spiritual perspective which caused them to confess they were “strangers and pilgrims on the earth.” In their pursuit of a heavenly country, their purpose was not to be mindful or overly considerate of their earthly home.Read more

Following Jesus Sincerely and Completely

Which things also we speak, not in the words which man’s wisdom teacheth, but which the Holy Ghost teacheth; comparing spiritual things with spiritual.
—1 Corinthians 2:13

The subject this quarter is biblical nonresistance or pacifism. There are some differences in the two definitions as pacifism can imply a resistant attitude to war and government— which is contrary to the New Testament teaching of nonresistance. For this writing, pacifism relates to the refusal to bear arms on religious grounds.Read more

Bible Study – Biblical Nonresistance

Scripture Reading: Ye have heard that it hath been said, An eye for an eye, and  a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also. And if any man will sue thee at the law, and take away thy coat, let him have thy cloke also.
—Matthew 5:38-41

Summary: The teachings and example of Jesus Christ demonstrate a life of love and nonresistance. Disciples of Christ are called to follow His example and meet evil and injustice with prayer, love, and forgiveness rather than with force and violence. God’s church historically and presently renounces military service .

Definitions: Nonresistance—The policy or practice of not resisting violence or established authority by force, even when tyrannical (dictionary.com).
Pacifism—Refusal to bear arms on moral or religious grounds (Merriam-Webster).

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Biblical Nonresistance

The Call of Christ to the Law of Love
Jesus Christ instituted a doctrine of love whereby God’s children bear injustice without retaliation and render good for evil. War and the shedding of blood practiced under the Old Testament dispensation are no longer acceptable for God’s people in the dispensation of grace.
A New Covenant

While warfare and the doctrine of an “eye for an eye” were foundational practices for historical Israel, a new covenant was prophesied. “Behold, the days come, saith the LORD, that I will make a new covenant with the house of Israel” (Jeremiah 31:31). The prophet Micah foretold of a time when God’s people would “beat their swords into plowshares, and their spears into pruninghooks: nation shall not lift up a sword against nation, neither shall they learn war any more” (Micah 4:2-3). These prophecies were fulfilled in the plan of salvation through Jesus Christ.Read more