finance

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.

Managing God's Money

Managing Gods MoneyI have a love-hate relationship with money. I think most people do. On the one hand money is a necessity—a resource we depend upon, a resource we need if we are to live and thrive in this world. On the other hand money is spiritually captivating, a resource that offers a particularly insightful look into our hearts. Money is the topic of Randy Alcorn’s new book Managing God’s Money. This is a biblical guide to managing our money with an eye to eternity.

Money, Greed, and God

Money Greed and GodThe twentieth century was witness to a great battle between capitalism and communism. Early in the twenty-first century it is clear that capitalism won a resounding victory. Yet many people living in victorious nations continue to be uncomfortable with capitalism. They see it as a system of economics, a way of life that transfers wealth from poor to rich, that exploits the planet, that is somehow inherently biased toward the few at the expense of the many. An increasing number of increasingly vocal Christians even claim that capitalism is at odds with the teachings of the Bible. After reading Jesus’ words that “the love of money is a root of all kinds of evil” they determine that capitalism, which seems to be founded on just such a love, must also be evil. Could it be, though, that such claims are based on a misunderstanding of capitalism? Could all these people be battling against a mere caricature?

Book Review - The Long Tail

1401302378.jpgThe Long Tail” is one of those buzz-phrases I have heard time and time again in the past couple of years. In my ongoing pursuits to catch up with books that have been sitting on the New York Times list of bestsellers and to better under the culture we live in, I decided to read the book that seems to do the best and most thorough job of explaining this phenomenon. Written by Chris Anderson, editor in chief of Wired magazine, The Long Tail seeks to show “why the future of business is selling less of more.” While Anderson did not coin the phrase, he is the man primarily responsible for popularizing it (and, I suppose, for turning it into a proper noun rather than simply a descriptive phrase).

Business for the Glory of God

Business for the Glory of GodI own quite a few books written by Wayne Grudem and most of them vary between being long and very long (not to say that this is necessarily a bad thing). Grudem takes on difficult and controversial subjects such as Bible translation and the roles of men and women in the church and covers them both thoroughly and biblically. It was with some surprise, then, that I received Business for the Glory of God and noted that it is a mere 96 pages - the perfect size to read in a single evening. Its size may be deceiving, for this little book contains some powerful teaching about the value of business.