If you are a follower of Christ— you’ve no doubt noticed that your life doesn’t quite sync up with the world around you. What others cherish, you count as worthless. What others revile, you claim as a priceless gift.
The Christian life is a paradox - something that seems self-contradicting— but is, in fact, true. On this edition of MoneyWise Live, financial planner and teacher Rob West explains how all this applies to your money.
The Bible is the ultimate source of paradoxes - things that defy human thinking but are fact nonetheless because human thinking is limited and God’s thinking is not.
What other seemingly contradictory themes are in the Bible?
- We see things that are unseen.
- We find rest under a yoke and are made free by becoming bondservants.
- We are born again and live by dying.
- We lead by serving.
What is meant by the "Upside Down Financial Gospel?"
- For believers, money is only a tool.
- Everything is a gift from God.
- God's gifts are for His glory— not ours.
- The Bible tells us to beware of material things.
- Christians must be ever humble and grateful to the Lord for giving us the ability to earn and accumulate wealth.
That’s the "Upside Down Financial Gospel" and it fits well within the ultimate paradox of God’s Word and our salvation. In Matthew 10 Jesus says, "Whoever finds his life will lose it, and whoever loses His life for My sake will find it..."
Next, Rob and Steve answer some listener questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:
- What are some tips to choose a Roth IRA?
- If you're expecting an inheritance, is it OK to hold on to some of it until your favorite ministry needs it?
- If you pass away with credit card debt, will your kids be responsible for your bills?
- If you just had a child, should you concentrate on paying off student loan debt of $75,000 or buying a home?
- Is negotiating down credit card debt moral?
- If you have about 10% of your retirement that's not invested and just in cash, should you invest that amount as well?
- If you have some stock that's at a all-time high, should you sell in this bull market?
- If you're considering starting an HSA, where do you go to start?
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