As a believer in Jesus Christ, I would like to invite you to examine God's Word, the Bible, along with me. Even if you are not certain if God exists or that the Bible is true, I hope you will open your heart and mind to the possibility that you need to know Jesus and consider accepting God's Free Gift of Eternal Life.

Thursday, June 25, 2009

Biblical Financial Principles - A Note Of Caution

Warning about false financial teaching:

Recently in this blog we have set forth ten Biblical Financial Principles. Now it's time for a note of caution. In our "something for nothing," "immediate gratification" culture we are often looking for quick fixes. Even in the community of so-called "Christian" teachings there are issues with improper Biblical interpretation.

When reading, studying and applying Biblical Principles:

1) We must be certain that we understand who is speaking. The Bible quotes Jesus and also quotes Judas and Satan.
2) We also need to know who the writer is speaking to. For example some Biblical injunctions apply specifically to the nation of Israel.
3) We need to keep everything in context of the full counsel of the word of God (the entire spectrum of Biblical teaching).
4) We must recognize figures of speech, parables, prophecy, poetry and other literary and cultural features in Scripture.
5) We need to compare Scripture with Scripture before applying Biblical teachings to our lives.
6) We must to pray and ask the Holy Spirit to guide our study and show us how to discern the truth.
7) We can also use conservative, evangelical commentaries to make certain we are not going off on an incorrect tangent.

At all costs we must avoid "cut and paste" theology. One of the best examples I know of to illustrate this point is to take Judges 7:17 and combine it with Matthew 27:5b. If you do this you get a paragraph that reads: "'Watch me,' he told them. 'Follow my lead. When I get to the edge of the camp, do exactly as I do.' Then he went away and hanged himself."

We should be cautiously optimistic when listening to Bible teaching messages. Everything we hear and read must be seen through the lens of Scripture. Since God does not contradict Himself we should not accept teaching that conflicts with God's written word, the Bible. This applies even if someone claims a Divine revelation or a specific message to them from God or an angel.

When listening to secular advice (whether in person, on radio, on television or from the newspaper, books, etc.) we must be firmly grounded in Scripture and be certain to sort out truth from fiction. There is a story (perhaps an urban legend) that the way banks train tellers to recognize counterfeit bills is to instruct them primarily about the characteristics of the "the real deal." By knowing what an actual $100 bill looks and feels like, the teller is quickly able to detect a fake one.

So let's get specific, who should we listen to for sound, Biblical financial advice? Visit the Life Navigation website for some good leads. Also, Glass House Ministries and Crown Financial Ministries offer excellent resources.

Whom should we avoid? Stay away from TBN (Trinity Broadcasting Network) and from touted advice peddlers like Suze Orman and Oprah Winfrey. The Bible tells us that we should evaluate individuals like a fruit inspector. If you investigate the life styles, values and teachings of Suze and Oprah you will discover that they are outside the boundaries set by Scripture.

In addition steer clear of any teaching that claims to be Biblical and yet promises a formula for success. This would include teachings that might be described as word-faith, word of faith, seed faith, name it and claim it, health and wealth, the prosperity doctrine and/or positive confession. God is not "our butler in heaven." He is sovereign and that means that He is not obligated to (for example) give you a million dollars just because you gave a seed faith gift of $1,000 to help fill some television preacher's coffers.

In the final analysis all of our efforts to gain wisdom and manage our finances are fruitless unless we are basing everything we do on the foundation of a correct personal relationship with our Lord, our God and our Creator,
Jesus Christ.

Here are some suggested books you may wish to consider adding to your library:

Basic Bible Interpretation - Roy B. Zuck

How to Study Your Bible: The Lasting Rewards of the Inductive Method - Kay Arthur

Biblical Financial Study, Collegiate Edition - Crown Financial Ministries

Here are some suggested web site links:

Life Navigation (a ministry of Cypress Church)

Manage Your Money God’s Way

The Life Changing Message Of Jesus

About Me

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Cypress, CA, United States
I am a U.S Navy Veteran, a Bible student and I work in the maritime industry. I attempt to represent Jesus Christ accurately on this site. My blogs are not the "official" position of any church or ministry.