Inheritance Planning ~Proverbs 13:22~
“A good man leaveth an inheritance to his children’s children: and the wealth of the sinner is laid up for the just.” God has instructed every parent to plan for and make appropriate provisions to care for their children and grandchildren. This is not to say a person is “not good” if they do not do so, but parents should be careful not to squander their blessings from the LORD.
Hard Work is Key ~Proverbs 20:4~
“The sluggard will not plow by reason of the cold; therefore shall he beg in harvest, and have nothing.” Far too many folks today believe it is the responsibility of government to take care of their financial needs. Now don’t get me wrong, there is a very real and ongoing need to provide assistance to those who have fallen upon hard times. However, the typical government, nanny-state, big-brother programs are inefficient and not designed to lead people into a self-sufficient position. Throughout the bible, God has made it abundantly clear that diligent hard work is one of the keys to success. As an example, consider the biblical narrative of the patriarch Jacob, who laboured faithfully for his uncle Laban over a period of 21 years, became very wealthy in the process.
Wealth Attracts People ~Proverbs 19:4~
“Wealth maketh many friends; but the poor is separated from his neighbour.” How many lottery winners have seen their lives ruined because of their “fortune”? Destroyed relationships? Ruined marriages? Go look it up, you will have little trouble finding the truth. Wealth gained slowly, over time, with proper credit given to God, may be successfully managed by the humble and godly at heart. Nowhere in scripture can I find where God condemns having wealth and possessions, but there is plenty of warning against greed. We must be careful to remember that all wealth ultimately originates from God, and what He giveth may be taken away if we fail to manage our blessings accordingly.
Handle Inheritances with Care ~Proverbs 20:21~
“An inheritance may be gotten hastily at the beginning; but the end thereof shall not be blessed.” Sudden inherited wealth has brought many to financial and emotional ruin. Imagine how you might handle an unexpected inheritance of a large sum of money. Would you spend it unwisely on temporal things? If you are unable to manage your own finances well, is it reasonable to expect you would be able fare better in this situation? While it may be fun to wish for a large sum of money from the proverbial “rich uncle”, consider a word of warning to be careful what you wish for.
The Borrowers’ Dilemma ~Proverbs 22:7~
“The rich ruleth over the poor, and the borrower is servant to the lender.” Anyone who has borrowed money from a bank will readily agree this to be a true statement. For large purchases such as a home, it may be necessary to undertake some debt. However, the banks are always the winners in the money-lending game, as a quick look at your interest statement will easily confirm. God does not want His people to live in the bondage of debt as it hampers the ability to build wealth, care for family and give generously.
A Warning for the Rich ~Proverbs 22:16~
“He that oppresseth the poor to increase his riches, and he that giveth to the rich, shall surely come to want.” Everything you have, your car, job, house, money, all of it belongs to the LORD. “But I worked for it!, you say.” Perhaps, but who created you? Who gave you the gift the life? Who created the iron in the earth used to form your car? Who created everything in, on, above, and under the earth? Do not be a fool, you do not “own” anything; everything belongs to God – period. Are you holding onto your wealth and possessions loosely or with closed hands? Hoarding wealth greedily for personal gain is not God’s will, and you will not go unpunished for this behaviour. Personally I feel greatly blessed to have the financial means to give generous, and find it a great way to control my spending.
Riches Fly Away ~Proverbs 23:5~
“Wilt thou set thine eyes upon that which is not? For riches certainly make themselves wings; they fly away as an eagle toward heaven.” Are you proud to own that fancy new car with funds borrowed from the bank? Does that not make you a slave? How ironic. Money is borrowed at interest, which the bank in fact created “out of thin air” – more on this in a future post. So, you must pay bank the loan for an “asset” which depreciates daily and is slowly decaying to dust from whence it came. Not quite a fair bargain, eh? Can you take your wide-screen TV, fishing boat, Florida condo, etc.. with you when your time is up? Owning nice things is not wrong nor does God consider it a sin. However, if you place your self worth, trust and faith in possessions, now that is another matter entirely. The bible is specific on this, our physical world is passing away and will be utterly destroyed in a future cleansing fire. Jesus commanded us to place our trust in Him, and to lay up treasure in heaven instead of on earth where moths and thieves can corrupt.
Giveth unto the Poor ~Proverbs 28:27~
“He that giveth unto the poor shall not lack: but he that hideth his eyes shall have many a curse.” Mark 12:41-44 “And Jesus sat over against the treasury, and beheld how the people cast money into the treasury: and many that were rich cast in much. And there came a certain poor widow, and she threw in two mites, which make a farthing. And he called unto him his disciples, and saith unto them, Verily I say unto you, That this poor widow hath cast more in, than all they which have cast into the treasury: For all they did cast in of their abundance; but she of her want did cast in all that she had, even all her living.” Give as the LORD hath blessed you, given regularly and generously with a willing and thankful heart.
He is risen today!