MoneyWalk 101: Rightly Divide The Word Of Truth

This program will help you undo financial bondage.

Advisors that offer financial guidance opposite biblical principles have ensnared many people in destructive practices that at the time seemed like they would be prosperous and fruitful to employ. Some advisors have told people that they should never pay off a mortgage because of the tax break they receive and the return they can earn on investments using money that would have gone toward paying off the mortgage. Scripture points out that it is always better to be out of debt than in debt and we should be ever working to get to and maintain a debt-free lifestyle. Do you believe God or do you believe man?

There have been millions of instances of people going bankrupt and experiencing home / property foreclosures, vehicle repossessions, and incessant bill collector calls that show us that God knows better than us the ills of carrying debt especially over the long term. These situations did not have to happen, however they are caused by carrying debt. People who get to the point of managing their income to live well beneath their means and that have gotten to the point of living debt-free no longer experience these results because they owe no man anything but love.

Another thing that is often not shared with those being advised is that the vast majority of people will never develop the steely long-term attitude, emotions, and investment know-how to be able to out earn the interest rate they pay on their mortgages. In fact, most of those dishing out such advice will never be able to do this either. Unfortunately, most people start buying equity shares when prices are high based on the emotion that anybody can make money owning them and then they sell them off at a lower price because they experience a market decline that they cannot emotionally and mentally handle.

Add to that the fact that there is always a small percentage of advisors who only want to make money off of people and thus will motivate clients to frequently move from one commission paying investment to another (churning accounts) in order to make as much money as possible, all while making the client feel that such moves are in the client’s best interest.

In some instances, harmful financial advice comes from advisors that are famous, rich, powerful, and/or successful in the eyes of their clients. It can also come from advisors with professional designations behind their names and those with long and influential track records who rub elbows with the investing elite (remember Madoff). It can also be dished out by people who are spiritually influential (pastors, preachers, televangelists, etc.).

People continue to be coerced into poor financial decisions by messages that point out all the material things they do not have and are made to feel like second-class citizens when they don’t keep up with the Jones’. Many are made to feel that they cannot be happy if they do not obtain the same things and the same types of positions as those that society considers successful. The result of believing and following worldly advice and operating with the wrong motives produces extremely negative results. No wonder many people suffer more than they have to when economic downturn cycles come and no wonder societies create economic downturns that never had to take place.

You should never follow a course of action, financial or otherwise, without studying the bible to see if it is aligned with God’s will and thus is pleasing to Him. You should also consider whether the guidance, at any point in time, would cause you to engage in activities that keep you from regular fellowship with God and His people (the church). Otherwise, you will fail to plant and water the gospel in other people’s lives, build them up in the faith, and be the good example that God wants you to be.

Most people who dish out or follow ungodly advice lack peace, joy, and fulfillment in this life no matter what it seems like to other people and no matter the testimonial they give to others. Remember, the devil would have you believe he is living a better life than the one God originally had planned for him. However, when you follow the devil’s guidance you reap the consequences meant for him. This has unfortunately lead millions of people into godless and unwise pursuit of material things which resulted in bankruptcies, foreclosures, and sometimes even suicide.

On the other hand, some people seem to gain opulent material things and prominence among men in this life, but they will be insignificant and unsuccessful in God’s eyes and will suffer a devastating eternal fate because they do not adhere to His will by asking for His wisdom, living within His commands, and employing His lifestyle and financial principles. So, rightly divide the Word of Truth so that you can experience the blessing of God and also help others receive it.

Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!

Psalm 1:1-3, John 14:15-17, 2Timothy 2:15, 1John 4:1-6

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You can find books authored by Randy and Karen Parlor at www.Amazon.com.