7 Biblical Principles of Money Management by G. Edward Reid

11/13/2014

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 account to God for our actions, including our financial decisions.

3 Comments

Jeff Cady

12/2/2016 06:34:06 pm

Hi Ed, I am 72 (retired) with a remaining mortgage of $150,00, with 18 yrs left to pay. (Equity is approximately $250,00) I have $100.00 in hand (savings etc) is it your advise to pay the $100.00 off the mortgage or save?
Our plan is to down-size next year when/if the market picks up & buy with the cash we would have. (equity plus savings)
Thank you for your sound Biblical advice .. I listen on Faith FM, a local radio station, our SDA church sponsors Christian regards Jeff

Lighthouse of Christ link

12/3/2016 08:34:44 am

Hi Jeff,

This video is a resource that we found on YouTube. Because we found the information to be excellent, we decided to share it with our community. Unfortunately, we do not have a personal relationship with G. Edward Reid, nor do we have any contact information for him. As such, we are not able to answer your specific question or forward your question to him.

You might try searching for him online and reaching out to him through another venue.

Many Blessings,
The Lighthouse of Christ Team

Achan link

3/12/2018 07:27:11 pm

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