THE BIBLE AND YOUR INVESTMENTS (3)
"The house of the righteous contains great treasure." Proverbs 15:6 NIV
In order to overcome your fear of investing, you must do these three things: (1) Get savvy. Before you start investing, you need to learn the language and nuances of the stock market, real estate, mutual funds, and other transactions. There is a wealth of information available on the internet. Yes, your savings accounts, certificates of deposit, and money market accounts are great ways to protect your money while earning a modicum of interest. But, if you want to make a higher return, you have to take some risk. And the higher the risk, the higher the return. (2) Get counsel. "Plans fail for lack of counsel, but with many advisers they succeed" (v. 22 NIV). A good financial consultant will help you plan based on your age, risk tolerance, and investment objectives. Talk to friends and relatives who have made investments; learn from their experiences. And be sure to seek the guidance of the Holy Spirit. He is called "counselor" because He can guide you in every area of your life (See John 14:26 AMPC). (3) Get moving. Time is money. You can go broke trying to save for big things like your kids' college education or your retirement if you don't take advantage of the high returns offered by stock market and other investments over an extended period. And be sure to stand on God's Word and trust Him: "Remember the Lord your God, for it is he who gives you the ability to produce wealth" (Deuteronomy 8:18 NIV). As long as your motive is to do God's will and bless others, you can pray for God to bless you with success, and He will."
This message taken from: Daily Devotional - The Word For You Today
In order to overcome your fear of investing, you must do these three things: (1) Get savvy. Before you start investing, you need to learn the language and nuances of the stock market, real estate, mutual funds, and other transactions. There is a wealth of information available on the internet. Yes, your savings accounts, certificates of deposit, and money market accounts are great ways to protect your money while earning a modicum of interest. But, if you want to make a higher return, you have to take some risk. And the higher the risk, the higher the return. (2) Get counsel. "Plans fail for lack of counsel, but with many advisers they succeed" (v. 22 NIV). A good financial consultant will help you plan based on your age, risk tolerance, and investment objectives. Talk to friends and relatives who have made investments; learn from their experiences. And be sure to seek the guidance of the Holy Spirit. He is called "counselor" because He can guide you in every area of your life (See John 14:26 AMPC). (3) Get moving. Time is money. You can go broke trying to save for big things like your kids' college education or your retirement if you don't take advantage of the high returns offered by stock market and other investments over an extended period. And be sure to stand on God's Word and trust Him: "Remember the Lord your God, for it is he who gives you the ability to produce wealth" (Deuteronomy 8:18 NIV). As long as your motive is to do God's will and bless others, you can pray for God to bless you with success, and He will."
This message taken from: Daily Devotional - The Word For You Today
Recent
Archive
2025
January
"Forgiving each other ...as...God forgave you."EMBRACING UNCERTAINITY AND FOLLOWING GODBLESSING IS PROGRESSIVEIS GOD SHAKING YOU UP?PROBLEMS? DRAW CLOSER TO GODDON'T AVOID--ENGAGEYOU ARE COMMANDED TO LOVEJUST SOW THE SEEDSEE YOURSELF AS VALUABLE (1)SEE YOURSELF AS VALUABLE (2)PRAY ABOUT IT, THEN TAKE ACTIONTHE IMPORTANCE OF GOD'S WORDTHE LINK BETWEEN DISOBEDIENCE AND STRESSHAVE YOU TALKED TO GOD ABOUT IT?KNOW YOUR PURPOSE, KNOW YOUR PARTNERSHOW TO GET WHAT YOU WANTPARENTING, THE BIBLE WAYHOW TO BUILD YOUR SELF-ESTEEMSIGNS FOLLOW FAITHWORSHIP: GIVING YOURSELF TO GODCHANGE YOUR THOUGHTS, AND CHANGE YOUR LIFEFind Prayer PartnersHOW GOD SEES YOUBE GUIDED BY WISDOM, NOT IMPULSEHOW TO GIVEPAUSE AND REFLECTWHAT THE BIBLE TEACHES US ABOUT MONEY (1)WHAT THE BIBLE TEACHES ABOUT MONEY (2)WHAT THE BIBLE TEACHES US ABOUT MONEY (3))WHAT THE BIBLE TEACHES US ABOUT MONEY (4)WHAT THE LORD TEACHES US ABOUT MONEY (5)SEEKING GOD
February
Practice Saying No To YourselfThe Best Is Yet To ComeThe Grandfather's Mistake Became The Grandson's MiracleHow To Conquer The Fear Of FailingLet's Respect Our DifferencesPass It On To OthersThrow It DownYou Are Called To Be Salt And LightExpect To "Wrestle"Use Your Gifts In Ministry To OthersKeep Trusting GodFear Is The Enemy Of GrowthChange Your RoutineYou Are Not Beyond God's ReachDon't Look At Christians, Look At ChristHave A God PerspectiveGod Uses Damaged PeopleUnderstanding The Word "Imputed"Governed By Christ's Love For UsToday Expect God's FavorGrowth Is About EnlargementKeep Praying And BelievingRefuse To Wear The LabelShake It Off, And Move ForwardWhen Others "Don't Get It"Righteousness Is A Gift, Not A Reward
March
Don't Break, Bounce Back (1)How Long Will You Live?Don't Break, Bounce Back (2)Put Away The Measuring StickKnow When To Let GoUse Your ImaginationConnect, Commit, CommunicateHow God Sees YouRearing Spiritual FruitConsult God On Your Daily To Do ListBorn To Believe (1)Born To Believe (2)Only Jesus Can Satisfy Your Soul"Forgive Them" And Delete ItPut God Between Yourself and the FoeBe True To The ScripturesThe Kids Are Watchcng You (1)The Kids Are Watching You (2)If You're A Leader, Read ThisPrayer and Your RASLearn To Say NoYou Can Learn To LoveAlways Agree With God’s WordGive God All The GloryDon’t Let A Wall Build Up Between YouTo Be Used By GodTell Them While You Still CanYou’re Almost ThereA Ministry Of Tears“Much More” Or “Much Less” (1)
Categories
no categories