Wealth in the Bible

Using God's Blessings to Bless Others…

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Maintaining and Adding

At the moment we are being blessed with some beautiful autumn days after a lovely weekend of soaking rain.  That’s here in North East Victoria, Australia.  With these glorious days I am in the process of working to maintain/get on top of our garden.  This requires weeding, a little bit of watering and pruning.  The day that I wrote this post, I was thanking God for the opportunity to maintain a little (some weeding, some watering) but to also add to our garden by propagating and planting elsewhere in a bare patch or two. In time I know this will make our garden even nicer to look at – and there’ll be less room for weeds!  And I got to thinking: do I take this approach with my finances?

Maintaining and Adding | WealthintheBible.com

Maintaining and Adding | WealthintheBible.com

I think I do.  Maintaining my finances, I try to stick to a budget (or at least to simply week in and week out live within my means by spending less than I earn).  But I also add to my finances by having a consistent savings plan.  Now in time, this could be seen as maintaining and adding.  I am maintaining a good habit of saving regularly whilst also adding to my income by the interest that is earned daily and paid out monthly.

Can I challenge you to focus on this simple idea of maintaining and adding when it comes to your own finances?

It is very important to maintain things – to stick within a budget, to pay bills, to decrease debt.  But alongside this we really need to be adding.  If we don’t establish processes that will improve our financial situation, then we’ll only ever be maintaining and not looking at a wonderful abundance, the chance to give or even consider early retirement!

You can add to your financial situation by saving and putting this money in an account that earns interest.  You can add to your situation by picking up a second job and using this money to save more or invest.  You can add to your situation by developing products that can earn you passive income over time.  Think about what you can regularly do (weekly, monthly or even seasonally) that will add to your financial situation regularly, over time.  It’s worth investing in now.

Momentum is Important

In our wealth journey as Christians, I believe it is important to act today.  Consider the simple analogy of a snowball.  As it rolls down a hill (or mountain) it picks up more snow, and then a little more.  Then its surface area is greater, so it picks up even more.  And in time, what started out as a small ball of snow is now massiveMomentum is important.

Momentum is Important | WealthintheBible.com

Momentum is Important | WealthintheBible.com

This is how I want my wealth journey to go over time.  I want to start by getting the snowball rolling.  That means that today I set up an automatic savings plan that transfers a set amount each day or month into a savings account (it needs to be earning interest!).

Now an example for you:

  • As a stay at home mother for a few years, I knew it was important to still be putting aside super for my future. So I opted to set up a weekly savings plan of $7 ($1/day) that each week was transferred across to my savings account.  What’s to stop you from doing the same thing today?  At the end of a year you have $365 sitting in savings (plus interest earned on it each month) from one action that you made today.  Isn’t that an awesome snowball affect?

Now I look at this and think: that was easy!  What’s to stop me doing something else today that will also have a follow on effect?  Now for me, these things are often:

These are things that I know how to do, love to do and really should invest more time in doing!  Firstly, they’re a form of passive income.  I do the work once but get paid for it many times.  I love seeing emails in my inbox that indicate I have sold a product (or products) on the TPT site or that my book/s have gone up in ranking due to a sale (or six!).

Now the wonderful thing about your savings or selling a product that you’ve already created and don’t need to make again is that these concepts are repeatable.  What’s to stop you having a savings plan that is greater than $1/day?  Or creating another product that you can sell countless times?  Again, this is momentum.

Once you set up that process today and start to see the positive results of it, it inspires you to do more.  You’re no longer having to work to see a result – the process you set up is working every day in the background.  Now if you set up more opportunities to save or earn, then you’re working on a snowball effect.  You’re building momentum.

What process can you set up today that’ll move your wealth journey forward by degrees without you having to do any further work?

Discovering your Vocation

The word vocation comes from the Latin vocare ‘to call’.  It is often aligned with a profession, career, job or work.  And yet, it is also your calling, something for which you have a proficient aptitude, an inclination toward, a natural ability and a talent.

Can you honestly say that your job/career and that which you’re passionate about and naturally enjoy doing – and are good at! – are one and the same thing?  If not, can you identify your vocation/s?

Discovering Your Vocation can be an Incredible Treasure | WealthintheBible.com

Discovering Your Vocation can be an Incredible Treasure | WealthintheBible.com

I am so very blessed in that my vocation is my career.  And for me, it should be this way for everyone!  We should work because we enjoy it; it’s just a bonus that we get paid!  And although it doesn’t sound smart, I would happily do for free what I get paid to do!  This means that I often work to do my best in spite of what I get paid.  I love what I do, am good at it and am keen to improve in whatever way I can.

In the bible, it recognises that each of us has a calling or a vocation.  And why shouldn’t your workplace be something biblical?  You can be:

  • doing something you love and are good at
  • getting paid for this thing you enjoy doing
  • setting an example by doing your tasks for God
  • reaching the unchurched in your workplace/through your job

Perhaps you can make it a Wealthy Christians goal to discover your vocation, acquire a job in this area and then reach out to others, setting an example as you live for Christ.

Interest? Give it Away!

Do you ever want to do more?  Perhaps you’re able to regularly save – well done! – and this is even earning you interest on a monthly basis.  You give a tithe or offering regularly into your local church; you support other causes important to you and God.  But you want to do more with your finances.

Interest? Give it Away! | WealthintheBible.com

Interest? Give it Away! | WealthintheBible.com

Or maybe you are saving but you can’t see where you can stretch your budget to allow you to give something into God’s kingdom.

If you have a savings plan, then you’re already getting ahead.  If you look at it this way, then any interest earned on these savings isn’t really needed.  What’s to stop you from giving your interest away?  Nothing!

But it’s only a few dollars, you may argue.  Isn’t that better than nothing?  Some weeks I am amazed to find that what I earn from a job I love is potentially more than someone in poverty lives on in a year.  A few dollars can mean a lot to an organisation, a family in need, your local church or another cause God has placed on your heart.

And if you’re working really hard to save a little each week, then you can be content knowing that your savings will continue to grow, whilst at the same time the interest it earns you is able to be used to bless someone else.  Interest?  Give it away!

Using Others’ Strengths

I am a part of a prayer triplet group.  We meet fortnightly and regularly pray for a few people within our circle of influence.  These people are generally others who don’t know God – yet!  A recent catch up with these two women enlightened me to a great idea that I feel could be applied in our financial lives – and other beneficial areas.

Using Others' Strengths | WealthintheBible.com

Using Others’ Strengths | WealthintheBible.com

This woman commented that she had a small group that did a bible study.  They recognised that each of them had various different strengths.  This particular woman was good at keeping her house in order – even as a young mother of 3.  When questioned about it, she was able to show the people in her group how she worked to a routine and this allowed her to keep on top of her housework – and always have a presentable home to others.

Another in their group was great at budgeting and was able to share their tips in this area of their life that they excelled at.  Do you have people in your life who have obvious strengths? Sure, they may be ahead of you in the racing lane when it comes to budgeting, but can they help you move forward?

Have you asked them to share/mentor how they manage so well in a particular area of their lives?  It could be budgeting, saving, giving, meal planning, staying on top of housework, being physically fit or something else.  Identify things that are important to you that you may be struggling with.

Then think about people in your circle of influence – or pray that God would guide you in conversations to find people that appear to have a grasp in this area.  Who knows what you may be able to learn from them!  Perhaps in turn you may be able to help them with accountability relating to their finances and living for God.

Be Ready to Pick Things Up

I have a 2 year old son who is constantly picking things up and looking at them, even putting them in his mouth.  Our nearly 4 year old daughter was taught from an early age to not do this but our son is proving to be a challenge!  And yet, if we’re out at the shops and I spot a coin on the ground, I’ll tell our daughter to pick it up!

Be Ready to Pick Things Up | WealthintheBible.com

Be Ready to Pick Things Up | WealthintheBible.com

There are some things I am happy to pick up; others not so much so.  I feel we should be that way with our finances.  We should be ready to pick up information, habits or actions that will assist us on our financial journey towards becoming a wealthy Christian.

It may be a tip that someone indicates has worked for them in budgeting well (like keeping a spending diary for a month).  It may be a simple way to save (like setting up a weekly savings plan of $7 going into a savings account).  Maybe it is the way that someone avoids unnecessary spending (like only purchasing items on a predetermined list, rather than buying on impulse).  Whatever it is, we should be ready to pick things up that have the potential to help us improve our financial situation.

Any time we improve our financial situation as Christians, we’re doing a few things:

  • putting ourselves in a better position for our future
  • increasing our chances to give into God’s work
  • making it possible to help others in the future
  • establishing patterns that can only be improved upon

As a wealthy Christian, recognise what’s good for your financial situation and be ready to pick things up that could further improve your current situation.

The Judean Date Palm and Financial Intelligence

I recently heard a message from American author Mark Batterson that referenced some seeds found in an archaeological dig.  Research determined that these seeds were thousands of years old and that they belonged to the Judean Date Palm.  Forty years after their discovery, three were planted in the desert.  One germinated and over the years developed into an established tree.

Financial Intelligence can be Gained from God's Word | WealthintheBible.com

Financial Intelligence can be Gained from God’s Word | WealthintheBible.com

I think this can be an incredible analogy of our financial intelligence.  What we know and learn over our lives we can then pass onto others in our family, our children or people we may mentor.  They are then able to gain this information and determine if they want to use it to improve their financial situation.

Our wealth of knowledge regarding finances may seem to sit dormant – it is passed on to our children and their children with no action taken.  Still, the information is shared and in time, someone years down the track applies what they’ve been taught.  This same information we originally passed on many years earlier.  And now it has resulted in a seed being planted, germinating and going on to produce other seeds.  How incredible!

Never underestimate the value of sharing your financial knowledge with those you know and love.  Don’t be offended if they don’t take your advice or seem to use the information, just know that you have done a good thing by passing on wise financial advice to others.

Wealthy Habits: Substitution and Replacement

I have recently gone back to work a couple of days a week after having been home full time with two young children.  It struck me that any time I went to the bathroom, I would be turning the tap from hot or warm to cold.  The tap is one that is a lever.  You can turn left (for hot water), turn right (for cold water) and lift to put the water on.

Wealthy Habits: Substitution and Replacement | WealthintheBible.com

Wealthy Habits: Substitution and Replacement | WealthintheBible.com

Any time I made a visit to the bathroom I had to adjust this lever.  And so I guess that every time others go to the bathroom, they adjust it back to their preferred settings – warm!  And I got to thinking: are there things in life that you do that are costing you more than they need to?

At home we have made the decision to wash our clothes in cold water.  This saves on heating water and so also saves on electricity by shortening the wash load time.  There are people at work who bring their own coffee pods for the machine and other types of wonderful smelling coffee.  I opt for the complimentary tea and coffee provided by work.

I have no doubt there are many little things that can be substituted or replaced to improve everyone’s financial situation.  Perhaps it’s going to a no name/no frills brand for something you buy regularly.  Maybe it’s going for the cheaper version regularly but treating yourself once a month to the more expensive version.

There are some things you may be able to replace in your diet or regular buys.  Or maybe you can make a substitution for something else.  Consider areas of your budget where you can make changes to improve the bottom line.  It pays off over the long term.

Be Content with your Financial Situation, but Work to Improve it

Job 8:7 – ‘Your beginnings will seem humble, so prosperous will your future be.’

I love this time of year in Australia.  Or at least, what it produces in the garden.  We are blessed to be in a congregation that is largely made up of established retirees.  With this it seems, there comes established gardens, too.  Different congregation members bring along their abundance of produce – various fruits and vegetables.

At the time of writing this, we have plenty of figs, nashi pears and tomatoes from different members of the church who brought in their overflow to bless others.  My family of four is grateful!  And yet, I wish we could do the same.

Be Content with your Financial Situation, but Work to Improve it | WealthintheBible.com

Be Content with your Financial Situation, but Work to Improve it | WealthintheBible.com

In our garden we have a walnut tree, almond, orange, mandarin, lemon, lime, loquat and two chestnuts.  But only two or three of these trees have started to produce.  We’re a young family with a young garden.  It’s unfair of me to expect that we can bring an overflow from our garden when it’s still in its infancy.  And it can be like this with our finances.

If you’re just starting out with saving and investing, then chances are you have more debt than assets.  Also, your interest earned may be a figure in the single digits each month.  That’s ok!  Don’t despise humble beginnings.

Be thankful with where you’re at and then work to improve it.  Keep saving, keep an eye on your budget and keep learning about finances.  The more you learn and apply it, the greater your financial situation will be in years to come.  It is then that you will be able to bless others from your overflow.

Financial Habits: Allow them to Learn

Proverbs 22:6 – Train up a child in the way he should go, And when he is old he will not depart from it.

My daughter seems to be at an age where she copies most things she sees.  At 3.5 she repeats things I say, follows me around the house and acts out things she has seen myself or her papa do.  I currently work 2 days a week and my husband works the other 3 days a week.  It is a blessing that one of us is always home for our two young children.

Claudia knows that if I am home, then papa is at work.  And if papa is home, then I am at work – at least for the weekdays!  It isn’t uncommon to now hear her saying to us (with her little bag resting on her shoulder): “Bye!  I’m going to work now.”

Financial Habits: Allow them to Learn Work is a Good Thing / Wealthinthebible.com

Financial Habits: Allow them to Learn Work is a Good Thing / Wealthinthebible.com

It most often causes a little chuckle and a smile.  I have since asked her what she does for work.  And she has responded that she works on computers.  I guess she sees me on this contraption often enough!

Our behaviours are bound to influence our children.  If we spend too much time on the computer, they will consider this the norm for everyone.  If we work, they will expect that they in turn will grow up and do the same.  If we sit at home and eat too much, refuse to work, drink too much and don’t contribute to society or our relationship with God, then they will also consider this to be the normal thing to do in life.

As a wealthy Christian, be sure to teach your children good financial values.  Teach them about the value of work.  Remind them that you need to buy food and other essentials – they aren’t free!  Teach them about giving into your local church.  In all that you do, allow your child the chance to learn and to imitate you.

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