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A Father’s Advice about Finances

He’s a financial expert with 20+years of experience. Even better, he walks on Wall Street with the Word hidden in his heart. This father had the recent opportunity to write a letter to his teens about some of the lessons he’s learned through the years; and the statements and Scriptures that he offered to them are also applicable to Christians of all ages and stages.

 Keeping Room Tips:

*Managing money is a combination of earnings and wise spending. You must focus on both, as poor earners and poor spenders are broke. “Give me neither poverty nor riches, but give me only my daily bread.” (Prov. 30:8)

*No matter how much money you are making, if you are not wise, you will end up spending it all. “Blessed are those who find wisdom…for she is more profitable than silver and yields better returns than gold.” (Prov. 3:13-14)

*Use your money as a way to serve God. “Honor the Lord with your wealth, with the first fruits of all your crops.” (Prov. 3:9)

*Make your spending all about others. “The one who loves money will never be satisfied with money.” (Eccl. 5:10)

*While money seems to provide security, it really is an opportunity to give. “Jesus said, ‘Truly I tell you, this poor widow has put more into the treasury than all the others. They all gave out of their wealth; but she, out of her poverty, put in everything—all she had to live on.’” (Mk. 12:43-44)

*Don’t let money be a worry or a temptation. “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” (1 Tim. 6:10)

*When your life is not all about money, you are free to bless others. “Freely you received, freely give.” (Mt. 10:8)

*Basic budgeting and investing are important, but money is really a look into your soul. “For where your treasure is, there your heart will be also.” (Mt. 6:21)

*He’s enough and He’s got your back. “Keep your lives free from the love of money and be content with what you have, because God has said, ‘Never will I leave you; never will I forsake you.’” (Heb. 13:5)