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. (1 Tim. 6:17-18)

Saturday, October 30, 2010

This Week In Christian Personal Finance | Week of October 24

Christian Personal Finance News for the Week of October 24, 2010

Dave Ramsey
  • Find Your "Billionaire Place." This article written by Jon Acuff is a great reminder that we need strategies to help us get over the hump while we are working our debt-free plan. A "billionaire place" is simply a place where we can go where we feel like a billionaire, one of the richest people in the world. For Jon, his billionaire place is the library. All of us have access to great wealth all around us that costs us little to nothing in terms of money.
  • Great Giving Challenge. It appears that voting is now underway on the videos that people have submitted on how they would give away $1,000 a day for 5 days. Follow the link, and you can have the opportunity to view the videos and vote for your favorites.
Crown Financial Ministries
  • Overcoming Financial Fears. In the MoneyLife radio program on Wednesday, October 27, host Chuck Bentley gives us four steps to overcoming financial fears. One, identify what you love the most. As a Christian, this should be God. Two, establish a plan to live below your means. Three, eliminate all debt. And four, learn to become a generous giver. As Christians, we should have a healthy fear of God, and then we will fear nothing else!
Blog Posts
  • Success Story: Tithing and Paying Off A House In 5 Years. This was a guest post promoted from Bob Lotich's message boards at This is an incredible success story and testimony of someone who was faithfully obedient to give back to God what God wanted him to give. Through the process of this man being obedient, God blessed him by providing him a home and then giving him the resources and discipline to pay off that home in just five years!
  • Debt in the Bible | Is Borrowing Money a Sin? Over at, Craig Ford wrote a post on the Biblical view of debt. Debt is not considered a sin, but going into debt is not a wise decision. At the end of his post, Craig gives three unhealthy reasons why people borrow - impatience, materialism, and acceptance.
  • God's Provident Plan: Contentment In Christ. This article by Paul Williams over at Bible Money Matters is an excellent reminder to all believers that contentment in Christ is true wealth. We must allow Christ to become everything to us, and we are in a constant battle of allowing money to take over the place of Christ in our lives.
  • Church Bankrupcy: Learning From Our Mistakes. This is a post by Rob Kuban over at the Dollars and Doctrine blog. If you didn't hear the news this past week, the great Crystal Cathedral has filed for bankruptcy. Rob doesn't pound on the failings of this church, but rather he gives us three lessons churches can learn from this difficult situation.
  • God's Will for Your Money. Jason Price at One Money Design wrote a post about a recent Crown Financial devotional regarding the pressure to pursue financial luxuries and what God's will is concerning money. This is a great reminder for all Christians to stop pursuing material possessions and really give consideration to what God's will truly is for the money He has entrusted to us.
  • What Sam Walton Teaches Us About Money, Success, and Family. Over at Redeeming Riches, Jason wrote a post about the founder of Wal-Mart, Sam Walton. In this post, we read the sad story of Mr. Walton's failings as a husband and father. It was only at the end of his life that Sam Walton realized that he had blown it with his family. He pursued building a large company and growing his wealth. In the process, he sacrificed what truly mattered - the relationships with those around him.
  • No Financial Margin. At, Chuck Bentley from Crown Financial wrote an article on the importance of financial margins in our life. Having financial margins is actually inter-related to the one of the "fruits" of the Spirit, self-control. Also, in order to have these margins, we must be content with what God has provided for us.
  • Ten Key Areas of Your Financial Life. This was probably my favorite post this week. Over at Jay Peroni's blog, Jay writes on ten key areas in which he coaches his clients. What I really like about these ten areas is that they are all based on Scripture (and he even gives us related scripture references). Examples of these ten areas include God's ownership of everything, Integrity, Generosity, and Planning. Great post, Jay!
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