In this discussion, G. Edward Reid, attorney, financial planner, and pastor, lays out seven Biblical principles for managing money. As you watch this video, pay special attention to the Biblical perspective that strongly supports his thesis. You will learn that proper money management with a Christian worldview requires a properly oriented way of thinking and acting as regards money.
These seven principles are a great place to start, and includes understanding that:
- God owns everything.
- We are managers of God's possessions.
- Your purpose in life is to glorify God.
- Prosperity is defined as having what you need when you need it.
- Debt is bad.
- The tithe is the minimum testimony of partnership with God.
- We must all eventually give an account to God for our actions, including our financial decisions.
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