Tag Archive | "Bible & Money"

4 Money Lessons From a Fool


According to dictionary.com, a fool is a silly or stupid person; a person who lacks judgment or sense.

The Bible is full of vivid pictures about fools.

The Scriptures generally define fools as people who don’t “catch on” or just continue to repeat the same dumb mistakes.

On the contrary, the wise man learns from his own mistakes and learns from the mistakes of others so they can avoid repeating them.

So let’s take a look at the book of Proverbs for a little guidance from some fools!

Proverbs 13:16

In everything the prudent acts with knowledge, but a fool flaunts his folly.

Flaunting our foolishness is so prevalent in America isn’t it?  How many people do you know that have purchased cars and homes they can’t afford to impress people they don’t even like? 

They flaunt  their possessions – they showcase their trinkets – and they glamorize their debt-laden treasures!

The prudent man is less concerned about flaunting their stuff and more concerned about acting wisely, with knowledge. 

Think – Millionaire Next Door!  What authors Thomas Stanley and William Danko figured out through their research was that the majority of those who live in upscale neighborhoods and had high incomes were not weathy  – they just lived high on the hog. 

The wealthy were actually the “regular Joe’s”, but no one knew because they didn’t flaunt their wealth. 

Proverbs 14:16

One who is wise is cautious and turns away from evil, but a fool is reckless and careless.

What do you think of when you hear the terms reckless and careless?  Someone out of control.  Maybe someone who sees the danger of their ways, but just doesn’t care enough to change.

Many of us see the danger of spending more than we make or living to keep up with the Joneses and we know that ultimately our finances will be destroyed – but we just keep racking up debt, living for ourselves and buying things that in five years will be in a garbage dump somewhere!

The wise man is cautious, sees the troubles that living frivolously causes and makes some changes

Proverbs 15:5

A fool despises his father’s instruction, but whoever heeds reproof is prudent.

Man, this one is so convicting isn’t it?  How many of us have disregarded dad’s advice and gone and done our own thing?  I know I have. 

The wise man listens to those who are older and wiser, takes their advice, implements it and turns out better for it.  We too often ignore the instruction of the older, wiser sage thinking that we can figure it all out on our own. 

How many times have you said, “I wish I knew then what I know now”.  Well, don’t let that happen.  Listen to dad, search for someone older and wiser and hear what they have to say about finances and life!

Proverbs 26:11

Like a dog that returns to his vomit is a fool who repeats his folly.

I’ve always loved this Proverb!  Of course, when I was a kid I thought it was cool because vomit was in there, but now I can see the wisdom of it.  C’mon a guy just loves this.

I grew up having a dog in the house.  I loved that dog.  But you know what?  That dog would inevitably get sick, throw up and then go back and eat it. 

I know, I know – it’s disgusting, but it’s the truth. 

Now think about that for a moment…can you even imagine doing that?  NO WAY! 

And yet, we all do.  Almost daily, we repeat the same dumb mistakes, commit the same stupid missteps that lead us down a path of financial turmoil. 

It’s time to make some changes, it’s time to stop being that dog! 

What are some of the biggest lessons you’ve learned from foolish mistakes?

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Posted in Bible & Money, Personal FinanceComments (6)

Weekend Edition – Wealth and Happiness


These two terms belong together don’t they - Wealth and Happiness?  Do you remember a time in your life where you weren’t making much money?  You probably weren’t very happy.

Maybe it was during college, or when you first started a business – perhaps it’s now and you’ve lost your job recently.  One thing that often goes through our minds if we were honest with ourselves is this:

Photo Credit: John Carleton

If only I had a bit more money, then I wouldn’t be so strapped and could actually enjoy life!

What’s ironic is that not only do many poor people feel this way, but what I’ve often noticed is that many wealthy people feel this way too!

John D. Rockefeller famously answered, “Just a little bit more” when asked the question how much money is enough.

I went to a business planning session yesterday with a group of advisors and one gentlemen mentioned how America is the richest nation in the world - yet the most depressed! 

How could this be?  The answer is clearly that wealth does not equal happiness!

After you arrive at a certain standard of living that affords you the basics - house, food, clothing etc. – any correlation between happiness and money is short lived! 

Think about it, all those things you thought would make you happy didn’t really bring you happiness.  Be honest.  How long after you achieved that goal or that wealth did you say to yourself:

Is that it?  What can I accomplish now?

1 Timothy 6:17-19 offers a little perspective about the rich and their attitude towards money:

As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. 18 They are to do good, to be rich in good works, to be generous and  ready to share, 19 thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life.

What’s interesting about this passage is that the Apostle Paul tells us that in order to enjoy our wealth and our lives our hope should be set on God.

He also tells us that the rich should be generous, ready to share, doing good and their wealth shouldn’t define them, but rather their good works (rich in good works).

Now, some of you might say, but I’m not rich.  I dare you to go to the Global Rich List - type in your annual income and compare yourself to the rest of the world!  Then let me know what percentile you are in! 

You are wealthier than you think – and that wealth won’t bring you ultimate happiness.  You want true happiness?  Put your hope in God, through Jesus Christ and be generous!

Posted in Bible & Money, Weekend EditionComments (9)


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