Earning interest on your savings is good. It sure beats stuffing cash under the mattress or slipping twenties into books or slowly filling up a safe deposit box. Because of the steady drip-drip-drip of inflation, though, money that isn’t moving is slowly losing its value. Even a bank savings account will barely keep up with inflation.
Good managers of God’s treasures look for investments. Maybe it’s investing in equipment that will make your business bigger. “Where there are no oxen,... Read More
The concept of interest on saved money has a strange history as it relates to religion. Many Muslim scholars believe that the Quran forbids usury, by which they understand the charging of any interest from one Muslim to another. This tends to make banking almost impossible, and enterprising Muslim businesspeople who need capital have to find all kinds of creative and contorted ways to borrow and save.
Historically many influential Christian teachers in times past also have thundered against the... Read More
Gambling is a huge industry in America. Las Vegas no longer has a monopoly on it—it seems that every state now has a lottery, riverboats, and American Indian casinos. Americans willingly threw away $34 billion in gambling losses just in casinos last year.
Some Christian leaders denounce all gambling as sin. And yet you will search the Bible in vain for a prohibition of gambling. Although the ancient world was full of games of chance, dice, and horse racing, the... Read More
We learn about gifts pretty early in life. One sure way to get a child’s attention is simply to say the word Christmas. Kids immediately associate the concept with presents, that is, cool free stuff that various people give you.
Giving and receiving gifts expresses and strengthens relationships. Gifts send messages: “I love you.” “You are important to me.” “I appreciate what you do for me.” “Thank you for everything.”
Giving and receiving gifts also can symbolize strong mutual obligations.... Read More
Making money is a fine thing. Taking money is not. It is amazing how fertile the human brain can be in devising schemes to separate other people from their money. Have you gotten e-mails from Africa claiming that you are a trustee of a fortune? Or gotten e-mails from a “bank” that just needs your own checking account’s routing numbers to fix something?
Some people define morality as whatever they can get away with. If there is no one in... Read More
“Kids today have a terrible work ethic.” A friend of mine who is a small business owner said that as he was groaning about the terrible time he was having getting his new hires to show up on time and do a job right. What’s been your experience? Was my friend right?
“My Father works, and I work,” Jesus said once. Work is essential to the essence of our God. The first thing God did upon creating the first man... Read More
Loving money more than God is indeed a sickness. St. Paul warned in 1 Timothy 6:9-11 that some who had been eager to get rich had fallen into traps, temptations, and many foolish and harmful desires that plunged them into ruin and destruction. Some had wandered from the faith and pierced themselves with many griefs.
However—the fact that money is abused does not mean that it is evil in and of itself. Money is not intrinsically evil. Money is like... Read More
When you read the gospels, it certainly seems that Jesus is pretty hard on wealthy people and kind to the poor. He said that it was easier to get a camel through the eye of a needle than to get a rich man into heaven. He even told a rich young man to give away all his money. Is poverty God’s preferred state of existence? Does money corrode our values so badly that we are best to get rid of... Read More