Money is integral to an economy. It creates a fair system of trade, helps measure the value of products and services, and encourages people to work hard. The Bible does warn about greed, “He that loveth silver shall not be satisfied with silver; nor he that loveth abundance with increase: this is also vanity” (Ecclesiastes 5:10, King James Version). Having a goal of running a successful business is not against the Bible’s teachings. In fact, “there is little conflict between doing well (maximizing value) and doing good” (Brealey, Myers, & Marcus, 2012, p. 14). The Bible can be applied to any and all aspects of business and finances.…
Money makes the world go around. It brings us joy, it makes us laugh, and allows us to live. Personally, I love money. In fact, I would love to have more money. Unfortunately, like many people, a month ago I knew nothing about finance or investing.…
Dr. Hickman, Luke 14:28-30 tells us, “For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it? “Otherwise, when he has laid a foundation and is not able to finish, all who observe it begin to ridicule him, saying, ‘This man began to build and was not able to finish.” Consequently, financial security is now more important than ever to some people, and I believe that having a comfortable amount of money reduces stress. However, I will be the first to admit that sometimes I don’t calculate the cost first. Nevertheless, I have always put my faith in God and I know that he is the source of all (www.backtothebible.org). Surprisingly, there are a lot of people who…
Although money can buy our necessary needs such as a bed, computers, books, food, and acquaintances, it can't buy respect, common sense, a purpose in life, a close-knit family and a strong work ethic. In my opinion, money can buy the illusion of happiness, but the true happiness has no money value. Also, money can also ruin your social relationship between your friends and family. From the story "The Scholarship Jacket", it told a story of a girl, named Marta, who grew up her with her father, who was a farm laborer, but he didn't make enough money to feed eight of his children. So she moved to live with her grandparents But despite having no money, she had a loving family, and it didn't stop her from working hard to achieve her goals, to have…
How faith integration manifests itself within the practice of corporate finance can only be understood when studying God's word within the Holy Bible and practicing its teachings. One important aspect of integrating one’s faith within the context of finance is through stewardship. Stewardship is defined as;…
New technology is constantly being released and of course everyone is all over it. These things are definitely not cheap, but people feel the need to be in possession of them in order to be accepted. "As often as not, it isn't the money itself that means anything; it is the use of money as the currency of the soul." This sentence is very real. It isn't the actual dollar bill that is important. What's important is what you can actually do with the money. If one won the lottery, one wouldn't say "oh, I got a lot of bills, I'm going to keep them forever and not spend them." No. One will most likely say, "I'm going to buy a new mansion and 3 cars, and part of the city." So in reality it isn't the money that people want, it is in fact what the money can do that appeals to…
Matthew 6: 24-30 (part of The Sermon on the Mount) states that “No man can serve two masters: for either he will hate the one, and love the other; or else will hold to the one, and despise the other. Ye cannot serve God and mammon.” This serves as an argument that you should focus on serving the Lord, not on having wealth and property. You should not worry about materialistic things because they…
I disagree with Aristotle and this form of logic; therefore, money is vital for survival at the present time. Money is needed for food, housing, transportation, and these things are needed for survival. According to Abraham Maslow’s Hierarchy of Needs, there are five phases that you need to accomplish to become a self-actualized person. They are physiological needs, which are food and water, lodging and air. The second phase is security needs, and they need to feel safe and secure, which could be living in a good neighborhood. The third phase is social needs, which are love and belonging, for example family. The fourth phase is esteem needs, which are self-esteem and accomplishments. The last phase is self-actualizing needs, and few people reach this stage. Self-actualizing people are concerned with personal development, and not concerned with what others think, nevertheless fulfilling their full potential. An example is Abraham Lincoln and John F.…
The book of Proverbs is a great book of advice for believers, but its principles are spoken of in a general manner. For example, the book of Proverbs speaks about the subject of laziness. It says that laziness leads to being poor while diligence leads to wealth (10:4; 20:13), but also it may be from corruption and injustice (13:23). Therefore, we are told to be diligent as ants when we work. However, there are also proverbs against being wealthy without the love of God in our lives. There is no point to have money if we do not have God. For example, “Great wealth without the peace of God has little benefit” (15:16; 28:6). Also, “wealth gained through corruption will eventually be judged” (22:16, 22-23; 28:8, 20). There are so many proverbs on wealth and poverty, but the general idea is that working hard leads to wealth, and laziness and corruption leads to poverty. These are general principles that can be followed but are not always perfect in design.…
Money is the root of all evil. It is the most powerful thing in the world besides love. Sometimes money can ruin love in a friendship, relationship, or even worse family. Money can even decide the fate of a human’s life.…
A steward is a person who is employed to manage another person's property. the idea here is that Christians are given the world, we are given time, we are given health, we are given money, we are given abilities and we are given energy and all of these things are given by God, all of these ultimately belong to God and we are to then invest these things generously in to God's purposes in the world. In other words, we are supposed to be investing in eternity.…
Most religions teach that money is not a bad thing, (it is necessary to survival and people may have their own wealth as a result of their own hard work. Money is neither right nor wrong but what people do with their own money may be good or bad).…
It's great to have money. Money can buy you many of the finest things and experiences in life. Sure, there are some things you can't get for money, but there really aren't that many.…
Money allows a person to have good friends, a good education and anything else in the scope of that person's mind. With enough funds, you can do anything you want. Anything you desire is possible with the power money gives. Nothing is…
Everyone has a different attitude towards money. A large number of people think money should be saved and invested. They want to feel safe and have something to fall back on in case of an emergency. Others believe money makes the world go around and is to be spent on the latest from jewelry, clothes, cars, and most materialistic purchases.…