Start the New Year with the right mindset
Now that the new year is here, I have had quite a few requests to revisit our foundation for why we as faith-based investors, do what we do!
From The Faith-Based Millionaire, my first book:
Faith-Based millionaires typically hold four core beliefs in order to manage money wisely for God:
1. God Created Everything
This means you believe it all starts and ends with God just as stated in Genesis 1:1: “In the beginning God created the heavens and the earth” (niv). If you believe God created everything—from the earth and the other planets to plant and animal life to humans to, more specifically, you—then this should be the foundation of your faith. Who is in control of everything?
2. God Owns Everything
Psalm 24:1 tells us, “The earth is the Lord’s, and everything in it, the world, and all who live in it” (niv). Your faith is your greatest asset in this world. As your faith continues to grow, your reliance on God should increase as well. Believing God owns everything will motivate you to a whole new level. This also leads to an important question: To whom does your money really belong?
3. We Are God’s Trustees
First Timothy 6:17–18 exhorts, “Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share” (niv). Being entrusted with wealth carries great responsibility. If you believe God owns everything, isn’t your money really His money? He has entrusted the things of this earth to you, and He allows you usage during your lifetime, but He is still in control and the ultimate Owner. How, then, should you manage His money?
4. Managing Money Involves an Emphasis on Honoring God
The core of this belief is to look at how God would want His money invested. This involves an understanding of what God would support or condone. You may believe that issues or causes are not just black or white, that there are gray areas. Do you think God sees in gray?
There is right and there is wrong. Man often uses gray to justify his lifestyle. Rather than be convicted of wrongdoing, man often changes what God intended to suit his needs rather than God’s desires. Do you want to be invested in companies that profit from abortion, embryonic stem cell research, gambling, pornography, tobacco, alcohol, or other areas? How should God’s money be invested?
Just as the parable of the talents illustrates, as a faithful manager, you are responsible for the administration of the affairs and possessions of God. His money must be invested to reap the greatest reward. One day we all will have to account for how we spent our time, used our spiritual gifts, and the way we used or abused the resources we were given. This accountability should be our motivation, driving our desires and, most of all, our behavior.