If An Investment Sounds Too Good To Be True It Probably Is
Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction.
This biblical investing principle reveals that anytime someone tries to sell you an investment that promises incredible returns, you should seriously beware. Its easy to get greedy if youre not careful. Greed will not only mess with you spiritually, it will cause you financial harm as well.
Huge returns never come without a ton of risk. And where there is high risk, youre extremely likely to lose your money.
Get rich quick schemes sound really great on the surface. But when you dig deeper, they are usually promoted by people who are less than honest, whether they realize it or not. Just because someone promises massive returns and they back it up with testimonials from others doesnt mean you will have the same experience.
Always do your research to find out:
- Every detail of how the investment works.
- How does the investment generate a return on your money?
- Are there any complaints about the people/company selling the investment?
- How many people have made money with it?
- How many people have lost money?
- Do you understand it?
Reasons Not To Invest
The biggest reason not to invest is if you have the wrong heart attitude. There are many heart attitudes that are out of alignment with Scripture, but I have found these four to be the biggest offenders.
Greed: the desire to always have more and have only the best. Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. Christians should not invest out of a spirit of greed. Remember that nothing you have here on this earth will last in eternity. Greed is a reflection of our discontentment with what God has provided.
Pride: the desire to be elevated or esteemed because of material achievements.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. Investing to feel better about yourself or to show off to others will always lead to more discontentment and does not further Gods purposes for your life.
Ignorance: the desire to follow your own path without seeking counsel or seeking the counsel of misguided people. Plans fail for lack of counsel, but with many advisers they succeed. Especially in todays digital age, there is no excuse for being without capable counselors. Seek wise, godly counsel, and make decisions supported with research and wisdom.
How To Trust God In Times Of Financial Need
In the Bible, there are many accounts of God providing for those in need. We see God provide food for Israel in the wilderness, for Elijah during a drought, for Samaria during a time of famine. We also see God providing money, healing, comfort, and protection. In times of need, we arenât promised that God will give us wealth and riches. But we see in these bible verses about managing finances that God will supply the needs of his people.
23. God will supply all your needs
âAnd my God will supply all your needs according to His riches in glory in Christ Jesus.â
24. Open your mouth wide, and I will fill it
âI am the Lord Your God, who brought you up out of the land of Egypt. Open your mouth wide, and I will fill it.â
25. God clothes the grass of the field, how much more will he clothe you
âIf that is how God clothes the grass of the field, which is here today, and tomorrow is thrown into the fire, how much more will he clothe youâyou of little faith!â
When we approach money with the right attitude and look to Godâs Word as a source of guidance, we can learn to manage our finances in a way that brings glory to God.
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How To Have A Healthy Relationship With Money
We live in a culture that tells us having more is better. Our tendency as sinful human beings is to want more money, a bigger house, a newer phone, and more expensive possessions. If weâre trying to find our happiness in money, weâll never be satisfied.
Before we can steward what God gives us, we need to have a healthy relationship with money. Christians are called to contentment with what God has given them in each stage of life. Take a look at these bible verses about managing finances.
1. Whoever loves money never has enough
âWhoever loves money never has enough whoever loves wealth is never satisfied with their income. This too is meaningless.â
2. It is God who gives you the ability to produce wealth
âBut remember the LORD your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today.â
3. You cannot serve God and money
âNo one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.â
4. Donât be greedy for money
âBe shepherds of Godâs flock that is under your care, serving as overseers-not because you must, but because you are willing, as God wants you to be not greedy for money, but eager to serve â
5. Whoever is greedy troubles his household
âWhoever is greedy for unjust gain troubles his own household, but he who hates bribes will live.â
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What Does It Mean To Save
Saving includes reducing expenses and setting aside money for future expenses.
For your household budget, you can save money by reducing your expenses. From cutting the cable to limiting the number of times you eat out or buy coffee, there are countless ways you can save your money.
What is more, there are many things in life you will not be able to pay for with cash or on an impulseâlike buying a home. Youâll need to make a plan to save money and set aside how much youâll need.
There are many reasons why you may need to save money. But here are common things you may need to set aside cash for in the future:
- Emergency funds
- Down payment for a house
- Larger purchases
Saving money isnât complicated in theory. But saving money for the future can be challenging. From overspending and financial setbacks to incurring a massive amount of debt and simply just not making enough money, there are a variety of hurdles youâll have to overcome potentially.
As a follower of Christ, knowing what scripture says about saving is essential to managing your financial resources. Stewardship in the Bible is one of the most prevalent themes in the Bible, and for good reasons, too. How we manage our money is a thermostat in our relationship with our Lord Jesus .
Honor God Through Investing
Among the most indicative examples of investing in the Bible is the Parable of the Five Talents , which serves as the inspiration for this site. Ive previously written about it here, but it is worth mentioning once more that investing wisely is a way to honor and obey God. Investment does not have to be financial in nature , but finances are certainly one area that is covered by this concept. As the master sends these servants out with varying amounts of money, it is expected that the servants then invest these resources faithfully. God was pleased with the servants that generated a return – not because of the return itself, but rather from their faithfulness and obedience in following through with the responsibility He had given them. Luke 16:10 states One who is faithful in a very little is also faithful in much, and one who is dishonest in a very little is also dishonest in much. Hence, this task given to the servants was more a test of character than of investing acumen.
Another powerful example comes from :
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How To Properly Steward What God Has Given You
Scripture reminds us that God ultimately owns everything here on earth. Our job is to responsibly steward the resources that God has given us. We also have the opportunity to bring God glory through the ways that we manage our finances.
In these Bible verses about managing finances, we see some main principles:
- God blesses those who make money through honest work rather than sinful practices.
- God calls us to pay back what we owe and help those who have helped us.
- Itâs wise for us to plan, thinking through how weâll make money, and spend money.
- Saving money can help set us up for future financial success.
6. Dishonest money dwindles away
âDishonest money dwindles away, but whoever gathers money little by little makes it grow.â
7. Pay what you owe to others
âLook! The wages you failed to pay the workers who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord Almighty. You have lived on earth in luxury and self-indulgence. You have fattened yourselves in the day of slaughter. You have condemned and murdered the innocent one, who was not opposing you.â
8. A wise man thinks ahead
âA wise man thinks ahead a fool doesnât, and even brags about it!â
9. The plans of the diligent lead to profit
âThe plans of the diligent lead to profit as surely as haste leads to poverty.â
10. Sit down and estimate the cost
11. It is wise to store up wealth
12. Provide for your household
Love Others Through Generosity
Generosity is fundamental to Christian living, and the ability to act generously with finances would naturally be preceded by saving. Simply put, you cannot give what you do not have. The Bible includes many examples of giving:
Matthew 5:42 – Give to the one who begs from you, and do not refuse the one who would borrow from you.Proverbs 19:17 – Whoever is generous to the poor lends to the Lord, and he will repay him for his deed.Psalm 112:5 – It is well with the man who deals generously and lends who conducts his affairs with justice.Deuteronomy 15:11 – For there will never cease to be poor in the land. Therefore I command you, You shall open wide your hand to your brother, to the needy and to the poor, in your land.1 Timothy 5:8 – But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever.
Caring for those in need, by providing them with food, water, shelter, and care is an act of love to God . The same concept can be seen as Jesus speaks of the parable of the good Samaritan who goes above and beyond to ensure the person who has suffered his injuries can recover.
Saving is also related to tithing and offerings , which are needed for the church and Gods mission.
Matthew 6:24 – No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.
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Bible Verses About Abundance
John 10:10The thief comes only to steal and kill and destroy I have come that they may have life, and have it to the full.
2 Corinthians 9:8And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.
Matthew 25:23His master replied, Well done, good and faithful servant! You have been faithful with a few things I will put you in charge of many things. Come and share your masters happiness!
Matthew 25:29For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.
Isaiah 43:18-19Forget the former things do not dwell on the past. See, I am doing a new thing! Now it springs up do you not perceive it? I am making a way in the wilderness and streams in the wasteland.
Psalms 66:12 You let men ride over our heads we went through fire and water, but you brought us to a place of abundance.
Psalms 68:9You gave abundant showers, O God you refreshed your weary inheritance.
Isaiah 61:7 Instead of your shame you will receive a double portion, and instead of disgrace you will rejoice in your inheritance. And so you will inherit a double portion in your land, and everlasting joy will be yours.
2 Corinthians 8:9For you know the grace of our Lord Jesus Christ, that though he was rich, yet for your sake he became poor, so that you through his poverty might become rich.
Bible Verses About God Providing
Matthew 6:31-33Therefore do not be anxious, saying, What shall we eat? or What shall we drink? or What shall we wear? For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. But seek first the kingdom of God and his righteousness, and all these things will be added to you.
1 Samuel 2:7 The LORD makes poor and makes rich he brings low and he exalts.
Psalm 84:11-12For the LORD God is a sun and shield The LORD gives grace and glory No good thing does He withhold from those who walk uprightly. O LORD of hosts, How blessed is the man who trusts in You!
Luke 12:31 Seek the Kingdom of God above all else, and he will give you everything you need.
Matthew 7:11So if you sinful people know how to give good gifts to your children, how much more will your heavenly Father give good gifts to those who ask him.
Deuteronomy 8:18But remember the Lord your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today.
Deuteronomy 28:12The LORD will open the heavens, the storehouse of his bounty, to send rain on your land in season and to bless all the work of your hands. You will lend to many nations but will borrow from none.
Psalms 67:5-6 May the peoples praise you, O God May all the peoples praise you. Then the land will yield its harvest, and God, our God, will bless us.
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Is Investing In Stocks Any Better Than Gambling
True, investing and gambling both involve risk and choicespecifically, the risk of capital with hopes of future profit. But gambling is typically a short-lived activity, while equities investing can last a lifetime. Also, there is a negative expected return to gamblers, on average and over the long run.
Bible Verses About Managing Your Finances
Sometimes it feels like our lives revolve around making money and spending money. And it can be challenging to have confidence in our money management with all the options thrown at us. Did you know there are over 2,000 Bible verses about managing finances that can guide us?
Weâre called to properly steward what God has given us and foster a healthy relationship with money.
So you may be wondering: What exactly does the Bible say about money?
To learn more about biblical money management principles, take a look at this list of 25 verses that address wealth, debt, stewardship, tithing, and more.
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How Many Bible Verses Are There About Money
There are over 2,300 Bible verses about money. This includes topics like wealth, possessions, greed, money mindset, contentment, investing, and more. The Bible is absolutely loaded with advice and instructions on how to handle our finances, and ultimately how we can honor God with our money.
I will not be able to list out all 2,300+ Bible verses about money, however, this article will provide you with many of the most highly regarded verses.
Jesus himself talked about money a lot while he was here on earth. In fact, 11 out of his 39 parables talks about money. Oftentimes Jesus is simply using money as an illustration to a bigger point, however, I think we should still pay attention to the fact that he used money to get his lessons across rather than anything else.
Diligent Investing Makes You Rich
The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty. Proverbs 21:5
Whoever works his land will have plenty of bread, but he who follows worthless pursuits lacks sense. Proverbs 12:11
A slack hand causes poverty, but the hand of the diligent makes rich. Proverbs 10:4
Whoever is slothful will not roast his game, but the diligent man will get precious wealth Proverbs 12:27
In Proverbs,King Solomon writes that a diligent person is one who is considered to be wise or righteous. Lack of diligence really means a lack of wisdom and righteousness.
Being diligent is also about being consistent when it comes to investing. Applying this biblical investment principle means you should continually invest money over the long term. The more consistent you are at putting money into investments, the more it pays off for you in the long run. Just putting in a little money here and there when you feel like it doesnt result in great wealth.
Most people have no investment plan, and their lack of diligence shows. Those are the ones that end up hungry, poor, in debt, and forced to work because of a lack of diligence over their lifetime.