Money – Heirs Together!


I have heard many times over the years: “I don’t want to do that, but my husband is my head, so I have no choice if I want to obey God.”

Disagreements over and the management of finances are one of the major causes of divorce in the United States.  This could be eliminated if we put our decisions about money on some sound Biblical ground.

It is true that the husband is the head of the wife as stated here in Ephesians:

Ephesians 5:23-29 For the husband is the head of the wife, even as Christ is the head of the church: and he is the saviour of the body. Therefore as the church is subject unto Christ, so let the wives be to their own husbands in every thing. Husbands, love your wives, even as Christ also loved the church, and gave himself for it; That he might sanctify and cleanse it with the washing of water by the word, That he should be holy and without blemish. So ought men to love their wives as their own bodies. He that loveth his wife loveth himself. For no man ever yet hated his own flesh; but nourisheth and cherisheth it, even as the Lord the church.

Here it states that the husband is the head of the wife.

What if the husband decides to do the Bonnie and Clyde thing and rob banks? Or do drugs? Or decides to no longer go to church?  Does the wife have a right to put her foot down and say no!  YES!

It does state that the husband is the head of the wife. It also says that husbands are to love their wives as Christ loved the church and gave himself for it.

How is it that you love your wife?  Well, one way is to honor her, as God states in 1 Peter.

1 Peter 3:7 Likewise, ye husbands, dwell with them according to knowledge, giving honour unto the wife, as unto the weaker vessel, and as being heirs together of the grace of life; that your prayers be not hindered.

Is it honoring your wife to cut her out of financial decisions?  No! Is it honoring the wife to not listen to her regarding money? No!  Being together on the same plan and the same page alleviates many problems.  Plan out your finances and work on them until you are together.  Together, Biblically is a great place to start, i.e., tithing and saving.

Many decisions in marriage should be 50/50, not 51/49. Once you are married, the money is OURS, not mine and yours.  We are working toward becoming that “one flesh” God talks about.

Matthew 19:5 And said, For this cause shall a man leave father and mother, and shall cleave to his wife: and they twain (two) shall be one flesh?

It does not matter who gets the paycheck, it is our money. It is just as much her money as it is the husbands. Work till you are on the same page.

It might help to get some good books on money and read them together.  When we drive out of town, my wife reads out loud, and I interrupt her, and we talk about different points.  Getting on the same page is the goal as to what to do with all the money as it comes in.  Dave Ramsey has some good books to read.  We also enjoyed The Millionaire Next Door. I might also recommend the book I wrote Poverty vs Wealth.

On the topic of the man as the head of the wife, Jesus had some interesting things to say in Luke.

Luke 22:24-27 And there was also a strife among them, which of them should be accounted the greatest. And he said unto them, The kings of the Gentiles exercise lordship over them; and they that exercise authority upon them are called benefactors. But ye shall not be so: but he that is greatest among you, let him be as the younger; and he that is chief, as he that doth serve. For whether is greater, he that sitteth at meat, or he that serveth? is not he that sitteth at meat? but I am among you as he that serveth.

Christ sets a great example for husbands.  Love her, honor her, serve her.

About the man being the head of the wife, Galatians adds an interesting perspective.

Galatians 3:26-29 For ye are all the children of God by faith in Christ Jesus. For as many of you as have been baptized into Christ have put on Christ. There is neither Jew nor Greek, there is neither bond nor free, there is neither male nor female: for ye are all one in Christ Jesus. And if ye be Christ’s, then are ye Abraham’s seed, and heirs according to the promise.

In the body of Christ, God sees neither male nor female. Colossians states that we ALL, both male and female, have Christ, the gift of holy spirit, in us. So that God can speak to the wife just as easily as he does to the husband. So, it is a sign of maturity in the Word to listen when she speaks.

Colossians 1:27 To whom God would make known what is the riches of the glory of this mystery among the Gentiles; which is Christ in you, the hope of glory:

This subject of finances and how to work together, how to recognize God at work within each other, learning how to love and respect each other, and working your finances together will affect many areas of your life.

This subject of men and women and their relationships in the body of Christ is much larger than what this small blog will allow.  But if you can keep this part of marriage straight, it will do wonders for your part in the body of Christ and the body of believers.  And it will do wonders for your marriage and for your storehouses.  It is another small piece of The Prosperous Life.

Paying off Debt vs Saving Money

A Short on Prosperity #3


There is a difference between paying off debt and saving money. With debt you are paying off a purchase you could not afford to pay for with cash.  Plus, you are paying even more than the purchase price because of the interest added on top.  This is what good consumers do.

With saving you are getting paid interest on your own money.  This is what producers do. Your money is producing income for you in the form of interest or dividends.

It seems like you are getting ahead in both cases, but technically, one (paying off debt) is actually buying something with an interest premium added on top, and the other is saving.  It is not the same thing.  

It may make more sense to pay off the debt before you save because of the interest you are paying on the debt.

BUT once the debt is paid off, you’re still broke.  You still have not followed the biblical admonition to save part of your income.

Proverbs 21:17 He that loveth pleasure shall be a poor man: he that loveth wine and oil shall not be rich.

However, if you save money, you have something to invest, you have something for your labor, you are following the sound wisdom of Proverbs.

Proverbs 21:20 There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.

Saving part of your income is a great habit, and it does something for your self-image to have money that you have saved in the bank. Believing God at His Word brings joy to the heart. Try it.  Pay off the debt, but save at the same time, so that by the time the debt is paid off you are well into the habit of saving.

When it comes to prosperity, this is another small piece of The Prosperous Life.

Gifts to Children and Grandchildren

A Short on Prosperity #2

Some people have a long-term perspective on life. They give stock certificates as gifts to their children and grandchildren rather than trinkets that soon break.

The perspective some have on life is from one paycheck to the next.

The perspective some have on life is to live from year to year.

The perspective some have on life is for years down the road till the return of Christ.

Giving stock is a great way to open the doors to teach your children and grandchildren about finances.  You can help them see their lives down the road further than just the next shiny thing that comes along.

You can teach them that money is for saving not spending.

You can teach them that our family is a producer of wealth not a consumer of wealth.

You can teach them that our affluence comes from our balance sheets, not our stuff.

There are many things to teach our offspring and this is just a piece of biblical financial literacy.

Even if all you gave them was $100.00 per year in stock you are already fulfilling the verse:

Pro 13:22  A good man leaveth an inheritance to his children’s children: and the wealth of the sinner is laid up for the just.

And you will start them on the road to The Prosperous Life.

 

On Purpose and With Direction


I talked to a middle-aged woman a few years ago that had a European accent.  I asked her how she ended up living and working in the heartland of America.

She said she was attending the wedding of some friends of hers and they asked her to stay for a while. She said, “If I was to stay, I needed some money, so I took a job in a flower shop and I have been here ever since.”  Amazing!

What a great example of a person living out their life where LIFE plopped them down. No planning, no forethought, just allowing themselves to be blown about by the circumstances they encounter.

Life does not have to be lived that way.  Over the holidays, you could take some time to reflect on the past year of your life.

Writing your reflections in a journal can be enlightening as the years pile up.  Memories don’t serve us well. We forget too easily. And at times it is nice to read what you wrote five years ago.  It can remind you of decisions, recall what you thought was important, and help guide you in current affairs.

A journal can be a place to capture thoughts you have had, quotes that impressed you and a place to tell the story of the events in your life. (The link is an eight minute video of Jim Rohn on journaling)

Some people record their health progress, their financial progress, their daily to-do list and longer-term goals in a journal. It can become like a house you live in, only it’s in a book.

Some people keep a thankful journal.  They write at least one thing each day that they were thankful for. This helps train the mind to be thankful instead of being negative.

Some people keep a prayer journal.  They record things they want to pray for regularly as well as temporary prayer requests and then date the request as it was answered.  This is great for reminding yourself that God has answered many of your prayers.

Some people keep all these journals in the same book.  Some keep all the information in one entry, and some people divide the book into sections for each topic.

I kept a journal a few years ago as I went out witnessing one night a week. Part of the goal was to see what God would teach me.  I wrote every night when I got home and it was filled with much learning.

In some cases, as the book or pages fill up you might need to rewrite your prayers or daily goals to keep them on or near current pages.  This is good because the act of rewriting embeds them more firmly in your mind.

You might think what is the point?  Well, writing brings clarity to your feelings and thoughts.  This type of journaling is like building a home for yourself. It can be where your thoughts live on paper.  This can be powerful.  Some things, once you have written them down, no longer live in endless loops in your mind.

You might think no one would be interested in the journals when you pass away.  That may be, but one of my grandfathers died when I was six years old.  I would like to have been able to read about his life, but he kept no written record of his life. Now he is gone and with his death all his insight and wisdom.

My other grandfather went to seminary for a while, then decided to found a church and was a Sunday school teacher for the rest of his life.  I have heard he was deeply knowledgeable in the Old Testament.  I never talked to him about that subject, and he kept no record of his life either, and now he is gone.

Anyone that reads these kinds of journals will know that you were a serious student of life in general and some subjects in particular.

In the process of reflection, you could ask yourself:

  • What or who most influenced me in the past year?
    What were the biggest events in my life this year?
    What were the books I read, (or for the millennials – what books did I listen to!)
  • What inspired me this last year?
    What is my financial situation now compared to January last year?
    What bothered me the most?
    What did I learn from God’s Word that impacted my thinking?
    Where did I go?
    Who are the people that I am around the most?

If I had the year to do over what would I change? (Brian Tracy recommends asking this question weekly – If I were to start over looking for a job or starting a business what would I change?  Change it now!) This is not for condemnation, but the question is for getting a better direction for next year.

This type of reflection is easier to do if you have the habit of doing it regularly.
If you keep a journal, you could see what you wrote about last year and any progress you have made up to now.
Writing is a great way to cause our brains to process events, situations and thoughts.  It can bring things to clarity that might just be blurry now and easily forgotten.
Now the next part of reflecting is to look at the year coming up and decide what you would like to accomplish rather than just let the year happen to you.
Where would you like to visit?

What would you like to see happen in your job or business?
What would it take to see that through?
What decisions do you want to make with your finances? (Sharon and I have gone over this subject frequently and the more we go over it, the more our finances improve, and things get clearer and better.)
How many books would you like to read or listen to?
What topics would you like to learn?
What spiritual goals could you write down to accomplish in the next 12 months?
Maybe you need mentors to help with different areas of life.
(Bible teacher, CPA, nutrition expert or physical trainer)
Become more consistent in keeping a journal.
What do you want in life?  Define it in your journal.

Many times we do not know exactly what we want.  It is hard to get there if you don’t know where you are going.

By reflecting and writing down those reflections, you can guide your life and not be tossed around by circumstances.

So, over the holiday, take some time to reflect on your life and plan out a great year for 2021!

Living The Prosperous Life on purpose and with direction.

Never Say “It’s Only 5 dollars!”

A Short on Prosperity #1

Some bills come in with all types of charges enumerated on the bill.  You may or may not need to pay all of these charges. You may be paying for things you are not even using.

This is a good time of the year, over the holidays, to take a good look at the small charges you are paying for.  It seems like everyone wants five dollars for access to their content, etc.   Are you actually using what you are paying for?  If not cancel it.

Benjamin Franklin once said, “Beware of little expenses; a small leak will sink a great ship.”

In some cases, you may be erroneously charged for things you don’t owe.  Many years ago a utility company where I live consistently overcharged people three or four dollars every month for some “line” item.  Eventually, they got sued and had to pay back millions of dollars to their clients.  An honest mistake on their part?  I don’t know, but what may be five dollars to you, multiplied by hundreds of thousands of people over the years, can make some companies a lot of money.  If you don’t understand the charge, call them up and ask them what it’s for or why you have to pay it.  It’s called being diligent or good stewardship. This is all part of learning how to live The Prosperous Life.

Our prayer for you is to have a happy and prosperous year in the coming months.

The Prosperous Life Staff