Tag Archives: money

It’s only money

I was meeting with my financial advisor over tea and chocolate chip cookies one afternoon a few years ago.  Jim was also a brother in Christ and a good friend, and we used to talk not only about investing but also about life.  During one conversation we talked about how to manage finances while keeping one’s heart free of worry.  I will never forget his comment :  “After all, it’s only money”.

How many financial advisors would tell you this?  Probably not many.  Yet Jim was right, and I’ve never forgotten these simple but powerful words.  Being a good steward (or manager) is a worthy undertaking, but in the end, when all is said and done, money is only money.   It is not God, and has no ultimate power over my life.

Psalm 112 is a tribute to those who have put their hope in God.

Even in darkness light dawns for the upright,
for the gracious and compassionate and righteous man.
Good will come to him who is generous and lends freely,
who conducts his affairs with justice.
Surely he will never be shaken;
a righteous man will be remembered forever.
He will have no fear of bad news;
his heart is steadfast, trusting in the LORD.

I determined years ago that this is the kind of man I want to be – a generous man who trusts in God’s sufficiency and is therefore free enough to be gracious to others; a man whose heart is steadfast, with no fear of bad news, trusting the Lord.

I’ve had reason to remind myself of these things over the last couple of weeks.

Two days after Marion and I returned from our thirty-fifth anniversary road trip,  our son Reuben and his bride Jess borrowed our 2002 Toyota Highlander SUV for a road trip of their own.  The Highlander, although 9 years old, seemed to be in great shape and had been a reliable, trouble-free vehicle since we bought it last fall.  We were somewhat surprised to learn that the oil was quite low when we had it changed after our trip, but since we had never had problems with the engine, and had noticed no symptoms of burning oil, we agreed that it was probably OK for Reuben and Jess to go ahead with their trip.

Trouble began to surface on their second day.  The vehicle didn’t display any symptoms of burning oil, but they had to add a litre and a half of oil every day they were on the road.  Research revealed that 2001 and 2002 Highlanders had a history of developing problems with oil gelling.  At this point Reuben and Jess were in Thunder Bay, on their way to the West Coast, and they were getting concerned about crossing the Prairies.  By the time they had reached Winnipeg, we all reluctantly agreed that instead of continuing West, they would head south to Minnesota where our son Simeon lives with his wife and family.  They made it to Bloomington and the car went to the local Toyota dealership, where we learned that it would need a new engine.  Over a week later, they are still there, waiting for the repair to be completed.   So, Marion and I are dealing with a hefty financial hit, Reuben and Jess are dealing with disrupted honeymoon plans, and Simeon and Heather are dealing with much-loved guests who arrived a lot earlier than expected and have had to stay longer than anyone had counted on!

I have gone through a range of emotions and shifting concerns as I’ve processed these events.  I was briefly concerned about whether Simeon and Heather could handle an unplanned visit, but they rose to the occasion admirably.  My next concern was for Reuben and Jess, as it became clear that they would not be able to complete their planned trip to the West Coast.  At the same time, I was very grateful that they made it safely to Simeon and Heather’s place.  It’s not the Rockies – but it’s way better than being stranded!

Once we got the garage’s diagnosis and their estimate for the repair, my concern shifted to the financial impact of this situation.  As I began talking things through with Marion, we reviewed our options.  Should we have the SUV repaired in Minnesota?  Should we ask the dealer for a trade and get them home in a different vehicle?  We soon realized that having it repaired was our only option, since a US dealer cannot take a Canadian-owned vehicle in trade.  This was what we needed to do – but the price tag was high.

As I went to the Lord with my concern, He reminded me gently of Jim’s words : “It’s only money”.   It is so good to remember this.  Yes, we got an unexpected hit.  Yes, Reuben and Jess had their plans disrupted.  But in the end, these things do not need to define our lives.  How we respond – the spirit in which we choose to respond – that is what defines our lives.  I knew that I was able to respond with faith, because God is our provider and He is faithful.  So, my peace was restored.  Everything would be OK.

So we had a way forward.  The car would be fixed and Reuben and Jess would be able to continue their trip – no longer to the Coast, but at least they’d be able to get in a week and a half of camping before heading home.  Then we discovered that due to mistakes on the part of the dealership, the repair would not be completed on schedule.  The dealership had promised that they would have the SUV ready by last Friday, a week after they had first looked at the problem.  Now it appears it will not be ready until this coming Tuesday, four days later than promised.

When I first learned that there might be a further delay, I got mad. This wasn’t right!  I had been promised that  Reuben and Jess would have the car on Friday!  I left the service manager a voicemail message that was less than gracious.

Then I remembered that God loved this man.  I began asking the Lord for His heart and His perspective on this situation.  I heard back from the service manager – not once, but several times, even on his day off – who evidently felt very badly about the cascading delays which had been caused by several errors on the part of his staff, and offered to give us a discount (although the price tag was still going to be considerable).  In the end, I decided that although I might be able to justify tearing a strip out of him over these further delays, possibly leading to a further discount, God was giving me an opportunity to show him mercy so that I could speak to him about the kindness of Jesus and how He had shown mercy on me when I was far from Him.  This is what I plan to do when I talk with him one more time on Tuesday.  Compared to the eternal value of one man’s life, the cost of the engine repair is a small thing.

I have learned that as I go through life, things will happen that I cannot prevent or control, no matter how carefully I plan.  Life is full of upheavals of one sort and another that upset my carefully laid plans, sometimes in small ways and sometimes in large ones.   In fact, events that we cannot control are one of the main tools that God uses to call our hearts back to himself.  What we can control – by the grace of God – is our response to these situations.  These events have reminded me that when I anchor my hope in God’s promises, he can establish His peace in my heart, and give me the ability to respond with grace and mercy even when things seem to be going all wrong.

We forget sometimes that God has a bigger agenda than we do.  He has made us for glory, and we’re not going to get there without being changed.  If I need to take a financial hit to grow in faith, I’ll take it.  God is well able to replace the loss – after all, it’s only money.  Every time I choose the path of faith, hope and love in the midst of unexpected troubles, I am allowing God to develop my capacity to walk in His blessing and give it away, and He promises to reward me with an inheritance that, unlike money, lasts forever and can never lose its value.  Sounds like a good deal to me.

Share

What? Me, retire?

Sometimes it hits me that I am actually getting older.

You too, eh?  Thought so.  The years fly by, and our lives rush past.  But what are we rushing towards?  Are we living with purpose, or just filling our lives with activity?

My oldest son will be thirty this year, and my daughter – the baby of the family – will soon be nineteen.  Two of my four children are now married, and Marion and I are looking forward to the birth of our second grandchild in June.  Each of our children has a clear sense of purpose and direction.  They have set their course in life.  Marion and I find that our responsibilities as parents are rapidly diminishing.  We are entering a new season of freedom.  This raises a question.  Assuming that God grants us good health and the Lord delays His return for a few years yet, what kind of life do we want to live in the interim?

This is a question that only people who are somewhat prosperous get to ask themselves.  Last Friday evening, Marion and I, along with maybe 30 other people, enjoyed an evening at Le Nordik Spa in beautiful Chelsea, just north of Gatineau, as guests of an investment company in which we are relatively small-scale participants.   We enjoyed the free drinks and hors d’oeuvres, and found the presentations informative.   We also enjoyed getting to know a delightful couple about our age who run a small resort near Plevna, Ontario. Like us, they are looking to divest themselves of some of their present responsibilities so that they can have more free time.

Our conversation with D. and H., however, revealed both similarities and differences in our approach to investing.  Like them, we have been self-employed for years, have no pension plan, and have relied on investments to provide for our future financial needs.  Like them, we look for investments with inherent value, investments that are based on something more substantial than just the mood swings of the marketplace.  However, unlike them, we don’t place our hope in even the best investments, because we know that our lives are a vapour, and all our plans are subject to God’s sovereign counsels.  In view of this, we place our hope in His faithfulness.

D. and H. told us that their reason for buying into this particular investment was so that they could sleep at night.  When I heard this, I realized that we were coming from a different perspective.   I shared my investment philosophy with them:  I try to pick investments that are fundamentally sound, and then once I’ve made my decision I make an intentional, conscious choice to leave the results in God’s hands.

As a result, I rarely have problems sleeping at night.  After all, in the end I’m not in control anyway.  If God sees fit to turn all my carefully-chosen investment targets belly-up, that is His perfect right.  He is God, after all.  He’ll just have to provide for me some other way – because He did promise that if I seek His Kingdom first, everything else I need will be provided for, one way or another.  So, why should I worry?  I do need to plan, as best I am able – that is my responsibility – but having done that, I need to put the plans in His hands and leave them there.  I’ve come to the conclusion that this is the only approach to investing that leaves me free to devote my time and energy to living for God instead of worrying about my future prospects.  One way or another, my future is with God.  In view of this, worrying about finances (or about anything else) is a total waste of time and energy.  It’s completely unproductive, and Jesus warned that if allowed to take root in a believer’s life it will make the Word of God unfruitful.

Let me be completely clear.  I have no apology for having funds to invest.  As a young man, I thought all capitalists were evil (conveniently overlooking the irony that some of those evil capitalists had helped me financially).  I have come to see that this view is much too simplistic.  Jesus counted both the poor and the wealthy among his followers, and he didn’t condemn those who were wealthy for being prosperous.  What mattered was where they placed their hope.  Our hope is the anchor of our lives; it determines how we live.  As a believer in Jesus, my hope is in the resurrection.  I am looking for a new heaven and earth, the home of righteousness.  I know that I am accountable to God for whatever I do with what He puts into my hands.  Some would say that if I believe this, I should just give it all away.  I used to think this way myself, but I’ve come to see that this is not the only faithful response to God’s gift of prosperity (for more on how my thinking changed about finances, click here).   Marion and I have come to believe that it is part of godly wisdom for us to seek out sound investments, with the goal of being completely financially free in our older age, so that we are able to be a blessing rather than a burden to our children, and so that we are free to serve the Lord with the years that remain to us.

But here again, I find that my vision differs from that of many investors.  Money truly is not all that important to me.  It is really only a means to an end.  Financial freedom allows Marion and I to decide how to use our time.  We are already much closer to this goal than we were a few years ago, and I am enjoying the flexibility of being in a form of business that allows me to take increasing amounts of time off without leaving the business entirely.  I am sure that I will not find it difficult to fill this extra free time.  Most of my friends who are already fully retired tell me that they have plenty to do.  So I have no concerns at all about finding ways of filling my time.

My concern lies in a different direction.  I don’t just want to fill time, I want to fill it well.  Leisure time, after all, is a form of wealth.  It is a trust from God.  What is the point of being financially free if I waste my freedom on living for myself, with no higher goal than satisfying my own desires and whims?  What a waste of all life’s hard-won lessons!  That kind of life is not worthy of the one who gave His life for me, and it will bring nothing but shame and regret when I stand before God’s judgment seat.

Financial freedom is a perfectly valid goal for a disciple of Jesus – but only if I use my freedom to serve others.  Jesus has set me free from the control of sin so that I can bear fruit for Him.  I am so thankful for God’s mercy and goodness that if He grants me financial freedom, I want to use the opportunities that He gives me to be as fruitful as possible.

So, what will Marion and I do as we move closer to financial freedom?  To maintain our health we’ll undoubtedly live at a somewhat slower pace than we did when we were in our thirties, but our intent is to devote our time and energy – and as much of our annual income as we are able – to making disciples and proclaiming the Kingdom of God.  Of course, we’ll also take time to enjoy our relationships with our children and grandchildren – after all, God is a God of relationships, and the family is one of the fields of ministry in which He has called us to be stewards.  We will probably also be looking for opportunities to do some travelling.  But because we just aren’t wired to live a life of perpetual leisure, we will be looking for travel opportunities that allow us to use our gifts to strengthen the people of God and serve the needy.

I’m not looking forward to retirement.  How boring!  I was made for the glory of God, so I intend to live out my years seeking His Kingdom and living for His glory.  No, I’m not looking forward to retirement.  I’m looking forward to being redeployed.

Share

Money – blessing or curse?

Someone once asked John D. Rockefeller, a multi-millionaire industrialist of a past generation, how much wealth was enough.  His famous reply? “Just a little bit more.” In his day, Rockefeller was one of the richest men on earth. He was also one of the most generous, believing strongly that he had a responsibility to use wealth to improve the lives of others.

By contrast, I recently read a news piece about Karl Rabeder, an Austrian millionaire who is currently in the process of giving away most of his fortune.  He plans to use the proceeds to finance a microcredit charity (see Leaving an Imprint – January 6).  He has taken this radical step after coming to the realization that money could not make him happy.  Having grown up in a poor family, and having spent most of his lifetime striving for wealth, Rabeder says he is now finding peace and genuine satisfaction through giving away his wealth to others, living very simply and renouncing luxury.

Rockefeller was a Christian and his views on wealth and its proper uses were motivated by Christian convictions. I have no idea whether Rabeder is a Christian, but his decision to renounce wealth and give most of his substance to the poor is consistent with some interpretations of Christian obedience. Taken together, the actions and viewpoints of these two wealthy men highlight an issue that has always posed a dilemma for those who seek to follow Jesus.  What is the proper attitude of the Christ follower towards wealth and property? Should we seek wealth, as Rockefeller did, or renounce it as Rabeder has done and is doing?

Attitudes towards money vary widely. Sadly, like the man in Jesus’ parable who built bigger and bigger barns but was not rich toward God, many make the pursuit of financial security the major goal of their lives. Others, reacting to the evils caused by greed, conclude that money and the pursuit of wealth are inherently evil. Ironically, however, it is often wealth gained through business that ends up being used to finance works of charity – as in the case of both Rockefeller’s and Rabeder’s fortunes.

There is no Biblical support for the claim that money in itself is impure or evil, or that the wealthy are wicked by definition – nor did Rabeder make any such claim when he decided to give up his fortune. What the Bible actually teaches on this subject is not that money is evil, or a source of evil, but that the love of money is a root of all sorts of evil. This observation is not actually a statement about money at all, but rather about the human heart. The Bible speaks in very positive terms of those who walk uprightly, gain their wealth honestly and use it to bless others, and in very negative terms about those who gain wealth by oppression or unrighteousness or who place their ultimate hope in their riches.

One of the ironies of life is that you can be in financial bondage whether you are rich or poor. Some are in slavery to poverty, some in slavery to wealth. Some reject all wealth as evil, others are addicted to it.  Some fear poverty because they are afraid for their own survival and that of their children; others fear prosperity because they are afraid it will corrupt them.  Strange as it may seem, both these maladies stem from the same root.  They are the work of a spiritual power that feeds our minds with lies,  tempting us to assign ultimate power to a created thing rather than to God, thereby diverting us from walking in faith and love.

When I was a young man I had a very one-sided view of this issue.  I knew the words of Jesus about not serving two masters, and was famliar with his instruction to the rich young man to give away all his possessions to the poor.  I saw the dangers of materialism, and saw the church of my upbringing as hypocritical, filled with middle class people who from my perspective had given their lives to the pursuit of Mammon.  I did not yet see how judgmental I was, or how dependent on the generosity of those who were more prosperous than I.  More recently I have come to see that prosperity can be used in the service of the Kingdom of God, and that while Jesus warned against the dangers of pursuing wealth as a primary goal in life, he was quite willing to accept financial support from those who worked for wealthy people.  The key to a right understanding of wealth, I now see, is a Biblical view of stewardship.  If God has entrusted wealth to me, I am not the owner but the steward, and I am accountable to Him for what I do with whatever He has entrusted to me. Wealth is a tool which can be used to accomplish much good – but only if we first settle the issue of Lordship and decide who will have our primary allegiance.  In Jesus’ words, No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.  In other words, you can only have one Lord, not two – or three or four.

When we believe the lie that our lives are controlled by money, or wealth, we make money into a god, and submit to the control of the principality, or spiritual power, that Jesus called Mammon.  If you think this doesn’t apply to you, consider how many times you have said that you would do thus-and-so if only you had the money. Consider also how much of your energy goes to getting more wealth than you have, and how much of your hope is fixed on things that money can buy. Yes, God can use financial plenty and financial lack to open and close doors, but often we live as though our primary allegiance is to Mammon, and the true God has to get Mammon’s approval before we can step out in faith – rather than the other way around. Jesus, on the other hand, lived in a culture where needs were great and wealth was comparitively more scarce than it is in North America today, yet he never acted or spoke as though provision were lacking for any undertaking that his Father had ordained. To use a phrase that I first learned from my friend Brian Sauder, Jesus had a prosperous soul – he believed that Father’s provision for him would always be more than enough, and he lived in confident expectation of that provision. This is Biblical prosperity – staying in the center of Father’s will, and living our lives as though His provision will always be more than enough.

There is nothing wrong with having an abundance.  There is also no sin in being poor. The key to staying blessed in both sets of circumstances is to recognize the Lordship of Jesus – to recognize that God is the owner, everything comes to us from His hand and we are his stewards. The only way to freedom is to give control of our finances to the One who is the only rightful Lord of everything in our lives, including our finances, place our trust in His goodness, and let His word renew our minds with regard to wealth and finances. This act of surrender may or may not result in a change in our financial circumstances, but it will certainly result in a change in our attitude towards wealth and property. In the early church in the Book of Acts, no-one said that anything he had belonged to him.  This is a key insight.  Jesus said that if we seek first God’s kingdom and His righteousness, everything else we need will be provided for us. He also told us to be content and to give generously. Giving control to Jesus means learning to live our lives by the values of the Kingdom, not the values of the world system.

I have learned to fear neither prosperity nor poverty. Due to a ministry commitment, for several years when our children were young Marion and I lived in relative poverty (at least by Canadian standards) and we found that these were good years in the life of our family – years when we grew in faith and experienced much blessing. We have now come into a much greater level of financial abundance, and have discovered that it is a tremendous blessing to be able to do for others what many did for us during the years when our income was more limited. I have also discovered that no matter how prosperous we may be, we always tend to make commitments in accordance with our wealth – so a wealthy man is just as dependent on a constant flow of provision as a poor man. This posture of dependency and humility coupled with confident expectation is a good posture for a believer – it is a posture that allows us to walk in freedom, faith and joy with regard to finances.

My church is currently in a financial crisis. I believe this financial crisis is the result of a crisis of vision, and that God is dealing with us sovereignly to bring us back to where He wants us to be. There is no lack with God. If we respond to him in faith and obedience, there will always be more than enough to do what He wants to do in and through us. Consequently I am not worried about this crisis. Of course this circumstance has created some pressure, but pressure is not necessarily a bad thing. It can be one of God’s choice instruments to purify our hearts and bring us to a place of greater surrender, greater obedience and greater faith. Yes, God is capable of providing in abundance, but there are conditions on receiving and walking in that abundance. Increasingly, when it comes to finances, my own prayer is for wisdom to steward well what God has entrusted to me, and a faithful heart that will rightly discern and respond to what He wants to do with what He has placed in my hands.  In the end, nothing else brings any lasting satisfaction.

Share