Money is powerful stuff! It might not seem like a topic that should come up in church, but money matters to us so it matters to God. Our country has a problem when it comes to money. We do not know how to deal with it. We are part of a VERY small percentage of the richest people on earth, and maybe even in history, yet we forget how rich we are because we are a part of a system that constantly tells us we do not have. Sometimes money works like this: if we get it, it gets us. If we don’t have it, our lives are spent trying to get it. When we do get it, we don’t own it as much as it owns us.
For these reasons and more, your relationship with money is closely linked to your relationship with God. Jesus spent a lot of time talking about money and how we relate to it, and he taught there is a line of connection from our wallet to our heart. The truth is this: we have problems with money that have spiritual roots. We will never truly find financial peace if we ignore the inner condition of our hearts that make us susceptible to money pitfalls like greed and debt. God talks about money all over the Bible, and if you were to follow his instructions, you would have more money, give more money, and make your money work harder for you. Money isn’t evil. It isn’t the root of all evil. The love of money, however, is the root of all kinds of evil. Money can be something powerfully evil, but it can also be something powerfully good! I think at a very basic level, our relationship with money should look like what God told Abraham in Genesis 12:2-3. God wants to bless us, and it is our job to channel that blessing to others! With this in mind, Echo is having a conversation over the next several weeks about how to relate to money righteously.
After we get some of it, we can basically do 4 things with it:
• Spend it.
• Give it.
• Save it.
• Invest it.
This Sunday, we talked about spending.
First, Good spending starts with settling the “ownership” issue. Jesus explained this once using a coin in Matthew 22:15-22. The way Jesus phrases his question would have reminded his audience of Genesis 1-2, where human beings are created in the image of God. In whose image was the coin created? Caesar’s. In whose image were we created? God’s! When Jesus says “give to God what is God’s,” he is not saying God is not concerned with money. Jesus is implying that God is asking for all of us. The message of the Kingdom of God is one of total surrender. Why should we be concerned about our cash? Because our feelings toward it and how we use it are a huge part of who we are. Remember, there is a line of connection from our heart to our wallet. The starting point to righteous attitude toward money is settling the ownership issue: everything belongs to God, so I have to use whatever He entrusts me with responsibly.
Second – Spending easily becomes out of control, and our culture has even invented ways of spending more money than you have. You combat this with a budget, which is a spending plan. A budget is a tool to help us plan and to help us make our money work toward our goals. It helps us do something we all have a hard time with: telling ourselves “no.” A budget means you have a plan, you have counted the cost, and you are working toward a goal. Budgets can be complicated or simple as long as they balance income and expenses. The simplest lesson anyone ever taught me about money: every time you get 10 dollars, give one of them to God’s work, put one of them in savings, and spend 8 of them wisely.
Third – Your spending habits reflect your values. If you spent $50 a month on Mountain Dew, we could confidently say you really like Mountain Dew. The problem with that comes in when you consider “opportunity cost.” It means that if you use your $50 to buy the Mountain Dew, you won’t have that $50 to buy your friend’s x-box game when he sells it. We might have all the money we need, but we can’t have everything we want. What a budget does is help us make choices about how to spend money in advance, so our choices will better reflect our values instead of just buying things on impulse. Marketing is so effective, people often buy things unplanned in the moment and regret it later. Living on a budget, no matter how much money you make, will protect you against this. Another thing to consider is what you actually spend money on. This is about recognizing that you vote with your wallet. When you choose to guy a product from an organization or person that you don’t agree with, you are actually supporting them and their issue. You can do this the other way too: actively support products and companies you think are doing something right. This is just another way money is powerful.
Questions for discussion with your teen:
*Talk about the family’s budgeting process. If you can, invite your teen to join you paying the bills or planning the budget for the month. If you don’t have a budget, why not?
*Do you think you are more of a spender or a saver? What do you think about your spending habits?
*What does it mean to “vote with your wallet?” Is there anything we support as a family with our money that doesn’t reflect our values?