Tag Archives: Spending

Wayne Grudem explains what the Bible says about spending, saving and charity

Bible study that hits the spot
Bible study that hits the spot

A practical lecture on money – spending, saving, charitable giving – from famous pastor Wayne Grudem.

I like the way that Wayne Grudem navigates the Bible finding the passages that tell you who God is, so that you can make better decisions by analyzing alternatives and choosing the one that gives your Boss a maximum return on investment. He’s very practical.

The MP3 file is here.

The PDF outline is here.

Spending:

  • Christianity does not teach asceticism (= don’t enjoy anything in this world), Paul condemns it in 1 Timothy 4:1-5
  • When you buy nice things, even if it is a little more expensive, it’s an opportunity to be thankful for nice things that God has provided
  • Even being rich is OK, but don’t let it make you haughty and arrogant, and don’t set your hopes on your money (see 1 Tim 6:17)
  • It is important for you to earn money, and you are supposed to use it to support yourself and be independent
  • It is possible to overspend and live recklessly (Luke 15:13) and it’s also possible to overspend and live too luxuriously
  • Increasing your income through career progression is wise, because it allows you to give away more and save more
  • God gives us freedom to decide how much we spend, how much we give away, and how much we save
  • every choice a Christian makes with money will give him or her more or less reward in his or her afterlife
  • Do not spend more than you have – you should make every effort to get out of debt as quickly as possible

Saving:

  • Saving money is wise so you can help yourself and others, and have money in your old age when you will not be working
  • If you do not save your own money, you end up being dependent on others (e.g. – family or taxpayers)
  • Not saving money for the future is a way of “putting God to the test” (Matt 4:7)
  • You are to “be dependent on no one”, to the extent that you can (1 Thes 4:12)
  • We don’t know the future, that’s why we should prepare for an emergency, and buy insurance to guard (James 4:13-17)
  • It’s right for us to learn how to save to be able to buy bigger assets, like a car or a college education
  • Saving and investing in stocks and bonds lets people in business start and grow companies, creating jobs and new products
  • Don’t over-save, trusting too much in money more than you trust in God (Ps 62.10; Matt 6:19,24; Luke 12:15-21)

Giving:

  • it is required for the people of God to give something out of what they earn, but no percentage is specified (Deut 26:12-13)
  • you do not give money to become right with God, you can’t earn your salvation
  • a Christian gives to show God that you trust him to take care of you, and to experience trusting him through your giving
  • the quality of your resurrection life with God is affected by giving you do for the Kingdom (Phil 4, Matt 6:19-21; 1 Tim 6:18-19)
  • when you get involved in the lives of others and give to them, you have the joy of experiencing caring for others (Acts 20:35)
  • it’s possible to give too little, but it’s also possible to give too much – be careful about pride creeping in as well

The first part of this lecture made me think of my treat for the week, which is to get a double chicken burrito bowl after my weight lifting. It is very easy to say grace when you are hovering over a double chicken burrito bowl. It is good to have nice things especially when it makes you thankful for what you have.

I was so happy listening to this talk because he was condemning bad stewardship, which I see in a lot of young people these days. I was happy until he got to the part about trusting in your savings for your security, and then I thought – that’s what I do wrong! I save a lot but it’s not just for emergencies and to share with others, like he was saying – I want a sense of security. This was more of a temptation in my 20s than it is now in my 30s, though.

Charity should hurt

I can remember being in my first full-time job as a newly hired junior programmer when the 2001 recession struck. I would cry while signing checks to support William Lane Craig’s Reasonable Faith ministry, because I was so scared. I had no family or friends where I lived to help me if anything went wrong, and that’s been the story of my working life. If anything goes wrong, there is no backup. But it’s that experience of crying when I gave that allows me to say today “that’s when I became the man I am, that’s what a man does when he is a follower of Jesus”. If you are not doing the actions of charity, then you will not having the experience of trusting God and letting him lead you. There is more to the Christian life than just saying the right things – you have to do the right things.

Don’t follow your heart

If you’re scared about giving when you are young, then do what I did in my 20s: work 70-hour weeks, get promoted often, and save everything you earn. I volunteered every Saturday for 9 months in order to get my first white-collar part-time job when I was still in high-school. The faster you increase your savings, the easier it’s going to be to take a genuine interest in caring for the people around you. Read Phil 1 (fellowship), Phil 2 (concern for others), and Phil 4 (charity). Turn off your emotions and desires when it comes to choosing what to study and what work to do, and put Philippians into practice. Your freedom to give is very much tied to the quality of your decisions of what to study, where to work, how much you spend on entertainment, and so on. That’s why you need to turn off your feelings and desires and do what works, even it it’s not fun, and even if it involves responsibilities, expectations and obligations.

Wayne Grudem explains what the Bible says about spending, saving and charity

Bible study that hits the spot
Bible study that hits the spot

A practical lecture on money – spending, saving, charitable giving – from famous pastor Wayne Grudem.

I like the way that Wayne Grudem navigates the Bible finding the passages that tell you who God is, so that you can make better decisions by analyzing alternatives and choosing the one that gives your Boss a maximum return on investment. He’s very practical.

The MP3 file is here.

The PDF outline is here.

Spending:

  • Christianity does not teach asceticism (= don’t enjoy anything in this world), Paul condemns it in 1 Timothy 4:1-5
  • When you buy nice things, even if it is a little more expensive, it’s an opportunity to be thankful for nice things that God has provided
  • Even being rich is OK, but don’t let it make you haughty and arrogant, and don’t set your hopes on your money (see 1 Tim 6:17)
  • It is important for you to earn money, and you are supposed to use it to support yourself and be independent
  • It is possible to overspend and live recklessly (Luke 15:13) and it’s also possible to overspend and live too luxuriously
  • Increasing your income through career progression is wise, because it allows you to give away more and save more
  • God gives us freedom to decide how much we spend, how much we give away, and how much we save
  • every choice a Christian makes with money will give him or her more or less reward in his or her afterlife
  • Do not spend more than you have – you should make every effort to get out of debt as quickly as possible

Saving:

  • Saving money is wise so you can help yourself and others, and have money in your old age when you will not be working
  • If you do not save your own money, you end up being dependent on others (e.g. – family or taxpayers)
  • Not saving money for the future is a way of “putting God to the test” (Matt 4:7)
  • You are to “be dependent on no one”, to the extent that you can (1 Thes 4:12)
  • We don’t know the future, that’s why we should prepare for an emergency, and buy insurance to guard (James 4:13-17)
  • It’s right for us to learn how to save to be able to buy bigger assets, like a car or a college education
  • Saving and investing in stocks and bonds lets people in business start and grow companies, creating jobs and new products
  • Don’t over-save, trusting too much in money more than you trust in God (Ps 62.10; Matt 6:19,24; Luke 12:15-21)

Giving:

  • it is required for the people of God to give something out of what they earn, but no percentage is specified (Deut 26:12-13)
  • you do not give money to become right with God, you can’t earn your salvation
  • a Christian gives to show God that you trust him to take care of you, and to experience trusting him through your giving
  • the quality of your resurrection life with God is affected by giving you do for the Kingdom (Phil 4, Matt 6:19-21; 1 Tim 6:18-19)
  • when you get involved in the lives of others and give to them, you have the joy of experiencing caring for others (Acts 20:35)
  • it’s possible to give too little, but it’s also possible to give too much – be careful about pride creeping in as well

The first part of this lecture made me think of my treat for the week, which is to get a double chicken burrito bowl after my weight lifting. It is very easy to say grace when you are hovering over a double chicken burrito bowl. It is good to have nice things especially when it makes you thankful for what you have.

I was so happy listening to this talk because he was condemning bad stewardship, which I see in a lot of young people these days. I was happy until he got to the part about trusting in your savings for your security, and then I thought – that’s what I do wrong! I save a lot but it’s not just for emergencies and to share with others, like he was saying – I want a sense of security. This was more of a temptation in my 20s than it is now in my 30s, though.

Charity should hurt

I can remember being in my first full-time job as a newly hired junior programmer when the 2001 recession struck. I would cry while signing checks to support William Lane Craig’s Reasonable Faith ministry, because I was so scared. I had no family or friends where I lived to help me if anything went wrong, and that’s been the story of my working life. If anything goes wrong, there is no backup. But it’s that experience of crying when I gave that allows me to say today “that’s when I became the man I am, that’s what a man does when he is a follower of Jesus”. If you are not doing the actions of charity, then you will not having the experience of trusting God and letting him lead you. There is more to the Christian life than just saying the right things – you have to do the right things.

Don’t follow your heart

If you’re scared about giving when you are young, then do what I did in my 20s: work 70-hour weeks, get promoted often, and save everything you earn. I volunteered every Saturday for 9 months in order to get my first white-collar part-time job when I was still in high-school. The faster you increase your savings, the easier it’s going to be to take a genuine interest in caring for the people around you. Read Phil 1 (fellowship), Phil 2 (concern for others), and Phil 4 (charity). Turn off your emotions and desires when it comes to choosing what to study and what work to do, and put Philippians into practice. Your freedom to give is very much tied to the quality of your decisions of what to study, where to work, how much you spend on entertainment, and so on. That’s why you need to turn off your feelings and desires and do what works, even it it’s not fun, and even if it involves responsibilities, expectations and obligations.

Why is it so difficult for a working man to be sole provider and leader of a home?

Welfare spending
Welfare spending

So, I’ve noticed that many men who are interested in marriage have been running into problems with their plans. One challenge is the problem of the financial costs of marriage. In order to undertake a marriage enterprise, men have to believe that they can pay the bills. And this is especially challenging to men who want a stay-at-home wife to raise their children.

*Please note that I am talking about unmarried (never married, divorced) women throughout this post.

Here’s my argument for why I think that feminism has made it harder for men to afford to get married:

  1. Feminism caused no-fault divorce.
  2. No-fault divorce laws led to more frequent divorces.
  3. Divorced women turn to government for financial support.
  4. Taxes increase in order to pay for more government spending.
  5. Men who were interested in marriage were hit with higher taxes, which made marriage enterprise financially unfeasible for them.

Here’s the evidence for each point.

1. Feminism was behind no-fault divorce, according to this feminist, pro-no-fault-divorce writer.

Excerpt:

Households of 2010 don’t look quite like they did in 1969, when no-fault divorce actually was a controversial topic and these counter-arguments held some weight. The working dad/stay-at-home mom model of the middle class has been replaced by two-parent earner households and a growing number of working mom/stay-at-home dad arrangements. In working poor and impoverished families, the one-parent provider model was never the norm. No-fault divorce seemed scary when it had never before existed, but the truth is that its introduction was long overdue. Feminist groups at the time supported no-fault divorce, as it provided women an escape hatch from desperately unhappy marriages in a society where they were already disadvantaged on almost every level, regardless of their marital status. Imagine an abusive marriage in 1968, when the court-savvy abuser could actually force the victim to stay in the relationship forever. Imagine that now, and you know why domestic violence attorneys are in full support of introducing no-fault divorce to New York. And the judges aren’t the only problem.

Note that the author of this piece thinks that it is not women’s fault that they choose men who they then want to divorce. It’s not the woman’s fault that she is unhappy with the man she courted with and then chose and then made vows to. She isn’t responsible for choosing a good man with chastity, sobriety, moral convictions, etc. She thinks that women shouldn’t be held responsible for their choices. Also, feminists think that children do fine without fathers.

2. Easier divorces means more divorces.

Abstract:

This paper analyzes a panel of 18 European countries spanning from 1950 to 2003 to examine the extent to which the legal reforms leading to “easier divorce” that took place during the second half of the 20th century have contributed to the increase in divorce rates across Europe. We use a quasi-experimental set-up and exploit the different timing of the reforms in divorce laws across countries. We account for unobserved country-specific factors by introducing country fixed effects, and we include country-specific trends to control for time-varying factors at the country level that may be correlated with divorce rates and divorce laws, such as changing social norms or slow moving demographic trends. We find that the different reforms that “made divorce easier” were followed by significant increases in divorce rates. The effect of no-fault legislation was strong and permanent, while unilateral reforms only had a temporary effect on divorce rates. Overall, we estimate that the legal reforms account for about 20 percent of the increase in divorce rates in Europe between 1960 and 2002.

It seems obvious, but more evidence never hurts. About 70% of divorces are initiated by women, either because they chose to marry the wrong man, or because they become unhappy with the right man.

3. Marital instability causes women to vote for bigger government for security.

Excerpt:

Giving women the right to vote significantly changed American politics from the very beginning. Despite claims to the contrary, the gender gap is not something that has arisen since the 1970s. Suffrage coincided with immediate increases in state government expenditures and revenue, and these effects continued growing as more women took advantage of the franchise. Similar changes occurred at the federal level as female suffrage led to more liberal voting records for the state’s U.S. House and Senate delegations. In the Senate, suffrage changed voting behavior by an amount equal to almost 20 percent of the difference between Republican and Democratic senators. Suffrage also coincided with changes in the probability that prohibition would be enacted and changes in divorce laws.

[…]More work remains to be done on why women vote so differently, but our initial work provides scant evidence that it is due to self-interest arising from their employment by government. The only evidence that we found indicated that the gender gap in part arises from women’s fear that they are being left to raise children on their own (Lott and Kenny 1997). If this result is true, the continued breakdown of the family and higher divorce rates imply growing political conflicts between the sexes.

Bigger government must be paid for by higher taxes, which makes it harder for one working man’s income to provide for a family. In fact, feminists wanted men to be displaced as sole-providers. They would prefer that women are “equal” to men, and that means making women get out and work like men. It was no concern of theirs that children would be raised by strangers in daycares and government schools.

4. Women are in fact observed to vote for bigger government.

Excerpt:

On Tuesday, the nation made history. It made history in electing the first African American president; it made history in building a bigger margin for the first female Speaker of the House; it made history in delivering the biggest Democratic margin since 1964; it made history in sending a record number of people to the polls and the highest percentage turnout since the 1960 election. Analysts will spend the next few months sifting through the data, trying to figure out what happened and why. Historians will likely spend the next several years and decades studying this election, as well. But one thing is immediately clear. Unmarried women played a pivotal role in making this history and in changing this nation. They delivered a stunning 70 to 29 percent margin to Barack Obama and delivered similarly strong margins in races for Congress and the U.S. Senate. Although unmarried women have voted Democratic consistently since marital status has been was tracked, this election represents the highest margin recorded and a 16-point net gain at the Presidential level from 2004.

In fact, there was a recent (2011) study showing that unmarried women do in fact vote for higher taxes and more government as a substitute for a husband’s provider role.

Abstract:

The last three decades have witnessed the rise of a political gender gap in the United States wherein more women than men favor the Democratic party. We trace this development to the decline in marriage, which we posit has made men richer and women poorer. Data for the United States support this argument. First, there is a strong positive correlation between state divorce prevalence and the political gender gap – higher divorce prevalence reduces support for the Democrats among men but not women. Second, longitudinal data show that following marriage (divorce), women are less (more) likely to support the Democratic party.

What follows from voting Democrat?

If more people vote for Democrats then we will get higher taxes to pay for all the government spending. Higher taxes means that a married man can no longer retain enough of his earnings to support a family. And that means his wife has to work, and that means that his children will learn what the daycare workers and government school teachers decide they should learn.

But what do men want out of marriage? Men don’t want to marry a stressed-out competitor, and be yelled at in their own home. They want a homemaker who is focused on her husband and children. They want their children raised by someone who shares their worldview. Men want to produce moral, influential, independent children. Men want to be respected in their homes as sole provider. Men marry in order to lead on moral and spiritual issues. And men understand that a woman who doesn’t work outside the home usually makes a more feminine, supportive partner in the marriage enterprise.

If society, including the parents of daughters and the pastors of daughters, have decided that women don’t have to care about what men want out of marriage, then they should not be surprised that men don’t want marriage. Men may have no-commitment temporary sexual relationships with a secular left feminist who has been focused on her own feminist projects: travel, student loans, promiscuity, career, etc. But they certainly do not marry those women. When it comes to marriage, men want women who embrace the roles of wife and mother. And unlike shoes and handbags, we get a vote about whether or not the marriage happens.