Lesson 1: Foundations of Wealth

This month our Victory group will study what the Bible says about wealth, blessings, money. I’ll be summarizing each chapter from the book Till Debt Do Us Part, by Chinkee Tan.

Chapter 1 is all about Foundations of Wealth. To gain financial freedom, we need to build strong foundations of wealth. The Bible has a lot to say in handling finances, money and success.

  • Money is a good servant but a very bad master

Luke 16:13 “No servant can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and money.”

Money can transform your life really fast and has the potential to destroy your life as well. Money is good when used to meet need whether ours or that of others. We should own our possessions rather than our possessions owning us. If you can give your money and possessions away, it means you still own them. But if you cannot give it away, it means, they own you!

  • The law of the opposites

Luke 16: 11 “So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?”

The short-term effect is always the opposite of the long-term effect. If you work hard now, you will play later, but if you play now, you will pay later.

  • God owns everything

Psalm 24:1 “The Lord owns the earth and all it contains, the world and all who live in it.”

God is the creator, owner, controller, of everything, we are only His steward.

  • God is looking for people He can trust. Luke 16:11
  • God is pleased when we are faithful with little things. Matthew 25:21
  • God blesses those who can be trusted. Matthew 25:28-29

God rewards, and if He sees that our hearts are ready He will entrust us with greater things.

  • God uses money in three ways – Tool, Test and Testimony
  1. Money as a tool.

Hebrews 11:1 “Now faith is being sure of what we hope for, being convinced of what we do not see.”

If your money is making your life easier and better, it means you are using the money the right way. But if money is making your life harder and difficult, it means you are using the wrong way.

Stick to basics. Let’s not focus on things we don’t have but focus on things that we do have.

Wait for the best time. Be patient and learn to wait for God to make everything beautiful in His time. When God blesses us with something, He adds no trouble to it.

Money as a test.

Luke 16:10 “The one who is faithful in a very little is also faithful in much and the one who is dishonest in a very little is also dishonest in much.”

God watches how we use money to test how trustworthy we are. God tests us in times of needs and in times of abundance.

Live to give. Proverbs 11:24 “One person is generous and yet grows more wealthy, but another withholds more than he should and comes to poverty.”

  1. Money as a testimony.

Malachi 3:9-11 “9 You are under a curse—your whole nation—because you are robbing me. 10 Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it. 11 I will prevent pests from devouring your crops, and the vines in your fields will not drop their fruit before it is ripe,” says the Lord Almighty. “

  1. Proverbs 3:9-10 “Honor the Lord from your wealth and from the first fruits of all your crops, then your barns will be filled completely, and your vats will overflow with new wine.”

God is our partner. 2 Corinthians 9:6 “Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.”

Practical Application

I will…

  • Remind myself that everything comes from God.
  • Be a good steward of God’s resources.
  • Be reminded that money is a tool in my life.
  • Remember that God test’s before He invests.
  • Remember that giving is the best way to receive.

To do…

  • Research more on what the Bible says about money.
  • Start giving regularly
  • Examine my financial life and where it is currently
  • Determine the area where money is used in character growth (as a tool, as a test or as testimony)
  • Be more of a giver than a receiver.

Read the full chapter, purchase Till Debt Do Us Part book by Chinkee Tan.

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5 thoughts on “Lesson 1: Foundations of Wealth

  1. Priceless advices and tips. I learned the hard way of what debt can do. In America, everyone seems to think that credit cards and debt is a normal way of life. It’s not! It’s a disease and a trap. It ruined lives and continues to do so. My goal now is to be debt free. The sooner, the better! Thanks.

    • Congrats! The mindset and decision to be debt free is the first step to financial freedom… It would be tough in the beginning, just be patient and soon, you’ll not just free from debt but you will have more than enough. God bless you even more!

  2. Thank you so much for your blog and stories. I would like to share a Christian Financial expert with you called Gods Money Matters They deliver services in financial Planning especially in Bible Based Financial Planning. They have over 25 years of experience in financial planning. Their passion is to help Christian’s master their money and also bring their household into a well organized financially situation. Gods Money Matters services include bible based financial planning, money management, debt, cash flow, lending, mortgage, Christian Financial planning etc.

  3. Pingback: 10 Money Mistakes I Made in My 20’s | My Journey, His Glory...

  4. Pingback: 10 Money Decisions I’ve Done Right In My 20s | My Journey, His Glory...

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