December 4, 2016

Stewardship (4): Managing Your Money

This week, Rev. Jeremiah Cheung continues our message series on Stewardship by examining two types of people based on their attitudes towards money. He also shares biblical principles that we each can apply to manage finances in a manner that glorifies God.

Discussion Questions

1. Most people feel that they are not rich and that they never have enough. The question is, when will we achieve contentment? Are you rich or poor? Why?

2. We need but simple things to live, so why do so many people feel that what they have is not enough? What do you think are the reasons for this? How can we be truly contented?

3. Paul offers three exhortations to the rich: (a) Do not be arrogant; (b) Trust in God; (3) Share your wealth. What are practical applications for these three points? How can we be humble? How do we trust God? How can we share our wealth?

4. What do you think of Jim Elliott’s statement: “He is no fool who gives up what he cannot keep to gain that which he cannot lose”? What is your response? What actions will you take?

Recommended Reading

The CBCP Library recommends these books to complement this week’s Sunday Message. These books can be borrowed on a first-come-first-served basis.

Tough financial times are limiting jobs, hurting families, depleting savings, and threatening futures. Making the Most of Your Money in Tough Times (Paperback, Kindle) is a concise, practical guide that offers solid, biblical advice on: (a) giving, saving, borrowing, and spending; (b) getting out of — or staying out of — debt; (c) embracing financial integrity at home, in churches, and in business; (d) investing and protecting your finances during lean or uncertain times; and (e) trusting God and keeping a “stewardship” attitude. Author Kerby Anderson urges us to consider the power, purpose, and potential of money so we can make the best use of the resources God has given us.

“Being in debt is not a money problem, it’s an attitude problem. Realizing that is a woman’s first step to financial independence.” In The Financially Confident Woman (Paperback, Kindle), author Mary Hunt shares the mistakes she made in the 1980s so others can learn from them. Unemployed and with over $100,000 in debt, Mary uses the book to chronicle her long journey back from the brink of disaster. She explains how to avoid the hidden dangers of credit cards, draws on her faith to see money in a new light, and encourages openness about money problems. This is one of the best books you can read — regardless of your gender — about the financial pitfalls of modern life and how to climb out of them.