Family Money Matters

Family Money MattersI am in the midst of an extended study of matters related to money. In particular, I am trying to understand money and possessions from a biblical perspective. What will it take to think in a distinctly biblical way about finances? I recently read and reviewed Randy Alcorn’s new book Managing God’s Money. Last week I also turned to Family Money Matters by John Temple. This is a short and to-the-point explanation of “How to run your family finances to God’s glory” (according to the book’s subtitle).

John Temple has written several books on the subject of money; this one is pointed specifically at family finances. At around 100 pages, it is meant to be just an introduction to what could be an expansive topic. It will not teach you how to get out of debt and it will not teach you all you could ever want to know about what to do (or what not to do) with your money. What it will teach, though, is equally important—it will give you the starting points for building a biblical worldview of your money. And as it happens, this is something many of us really need. Too few Christians think of money matters as Christians.

The book is composed of 13 chapters that move from the foundational to the practical. I found the opening 3 or 4 chapters the most compelling, though certainly many of the others have more than enough value to commend them. But it is in these early chapters that Temple lays the groundwork for that biblical way of thinking about money. He teaches that “Christians are to live in such a way that our lives demonstrate different values from those of our secular neighbors, colleagues and friends. This is one area where we can truly be different.” At the same time, “We must also show our neighbors that we are not ‘weird’ but ‘normal’ in all matters which are morally acceptable.” We do not fear our money and we do not regard it as evil. Rather, we must see it as a gift of God that must be stewarded faithfully.

Temple expends some effort in showing how the world thinks about money and showing how these unbiblical ideals have infiltrated Christian thinking. This is followed by a call for us to see how the Bible tells us to understand our money. After this the author is ready to speak about debt, home ownership, cars, vacations and other very practical concerns. I found his chapter on training your children particularly effective, and especially in the very practical section in which he describes one way of giving children an allowance and using that to teach them how to steward money well.

So what are my main takeaways as it pertains to my study of money? First, it has helped me in my attempt to build that Christian understanding of money and this by showing how worldy views of money have influenced my thinking. The second big takeaway is the beginning of a plan or strategy to help my children think well about their money and to train them from a young age to handle it responsibly.

Overall, this is a short but effective look at money and family finances. With a large practical component, Family Money Matters may be just what you need to kickstart your thinking about being a faithful steward of your money and possessions.

Comments (3)

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Anonymous's picture

Tim, this is a very important subject for Christians today. Your next book maybe?

On the one hand you have the world saying get all you can no matter what the cost and money is the key to happiness…and on the other hand, you have Christians who teach that any money above and beyond enough for your basic necessities is greed, and they teach a modern-day “radical monkhood” for believers.

What the Bible actually teaches on money (and what the early Protestants so clearly taught on this subject) has almost been lost on the majority of Christians today.

2
Anonymous's picture

Let me also suggest an older book by John MacArthur, “Whose Money is it, Anyway?”I don’t even know if it’s in print, but it’s available for Kindle.http://www.amazon.com/Whose-Money-Anyway-John-MacArthur/dp/0849955548

3
Anonymous's picture

Craig Blomberg’s book Neither Poverty Nor Riches reaches some interesting conclusions with respect to Christians and how they relate to wealth. Below is from an email exchange with Dr. Blomberg writing about his own conclusions:

1) material possessions, money and wealth are inherently good things not to be despised. The corollary, of course, follows, that all people should have a reasonable shot at acquiring at least a decent minimum of them;

2) material possessions can also easily become one of the most powerful seductions to sin;

3) one of the best ways to maximize 1) and minimize 2) is to give away as much as one can from one’s surplus in ways that are most likely to truly offer help to the needy;

4) there is such a thing as “too much” because there is such a thing as “too little,” when it comes to socio-economic standing. Those thresholds may vary from person to person, time to time and place to place but they do exist; and

5) spiritual identity and maturity and stewardship of one’s material possessions are inseparably intertwined.”