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Doing Your Part (Foundation #7)

MoneyWise | Aug 1, 2022

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Show Notes

God is all-powerful. He can do anything — and doesn’t need our help. But don’t take that to mean that he doesn’t want our help. Today on MoneyWise, we’ll talk about our role as stewards of God’s resources.

  • Well, on Mondays, we often go back to “first principles” and touch on foundational truths that relate to money and stewardship to discuss the five main things you can do with money: you can earn, live on it, give it away, owe it to someone, and grow it for the future.
  • In short: Earn, live, give, owe, and grow.
  • WHAT GOD EXPECTS OF US
  • Let’s start at the beginning — in the Book of Genesis. Scripture tells us, “In the beginning, God created the heavens and the earth.” He went on to create the human race, of course, starting with Adam and Eve. And almost immediately, the Lord enlisted their help — not because he needed it, but because, out of his love, he wanted to involve them in his work.
  • He told them to “be fruitful and multiply, and fill the earth and subdue it.”
  • This pattern of God enlisting human beings to do things continues all through the Scriptures. Even when God performs a miracle, he often enlists the participation of a human being. Think of Moses and the parting of the Red Sea. It wasn’t Moses' power that caused the sea to part. God did that — but remember what he said to Moses?
  • This is in Exodus 14. “Lift up your staff and stretch out your hand over the sea and divide it, that the people may go through on dry ground.”
  • Here’s one more biblical example of God enlisting human help. In Matthew 14, the disciples come to Jesus and tell him that the great crowd — more than five-thousand of them — has nothing to eat. And Jesus says to them, “You give them something to eat.”
  • The disciples are able to come up with just five loaves and two fish, and from that small provision, Jesus feeds the multitude.
  • The point is that living a life of faith is not a passive thing. It is right to trust God to provide. But if we are not taking the practical steps necessary to manage our money well, we’re not doing our part.
  • ARE YOU TAKING THE NECESSARY STEPS?
  • So let us challenge you today: Are you taking the practical steps necessary to be a faithful steward? Do you have some kind of budget — a spending plan that helps you plan and manage your day-to-day finances?
  • If you have debt, do you have a plan for paying it off in as timely a manner as possible?
  • Do you have an emergency savings reserve, so that a financial emergency won’t send you into a tailspin? Are saving for your later years in a company retirement program or an IRA? These are all practical tools that can help you implement what Scripture teaches us about being a good steward.

On this program, Rob also answers listener questions:

  • How does continuing to work after you begin drawing Social Security impact your benefits?
  • What should you expect when filing a homeowner’s insurance claim after a water heater leak?
  • How do you determine when it’s wise to retire earlier than planned?
  • How should you balance paying off your home earlier with other needs and priorities?

Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app.

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