Wealth Education
Wealth Education

In Greek mythology, Midas is popularly remembered for his ability to turn everything he touched into gold, out of which the phrase “The Midas Touch” was coined. In the corporate world, someone who consistently demonstrates the ability to prosper and flourish is often said to have”The Midas Touch.” Unlike King Midas, everything you touch will not turn to gold. We do not live in a fairy-tale world and there are no magic formulas. However, for those who are deligent to learn and apply The Twelve Biblical Laws and remain faithful to God they will capture numerous opportunities to prosper- and lay foundation for consistent profit and success.
I would like to warn you that these laws should never be used to create wealth for ungodly purposes or to promote immoral endeavors.
“The State giveth and the State taketh away.” That’s the attitude of millions of Americans when it comes to prosperity. It’s contrary to both Scripture and the original intent of the United States constitutional system.
From the beginning- reflecting biblical principles- the nation’s founders decleared that our rights, including those of work and wealth, were given by the Creator, not the State.
They knew what the State could give, the State can also take away.
Sadly, many Americans have slowly succumbed to a mentality that holds the State as the source of their prosperity. They vote for politicians who will tax and give away, tax and give away. Many become dependent on government for their existence.
There was no tax on income in the original Constitution. Government would defend the people and “provide for the general welfare.” Revenue for its limited taxes would come primarily from duties on imports. Then, in 1916, the government was faced with financing its engagement in World War 1, and the income tax was instituted. In 1943, embroiled in another conflict- World War II- President Roosevelt decided that withholding tax from every paycheck would be quicker than requiring people to pay annually.
Thus, the immediate taking of taxes became part of the legal system of our country. The measure was supposed to be temporary, to deal with wartime needs, but it was never reversed. Now the government takes its share right off the top, before it gets to the hands of the people who earned it.
Taxation is one of the many tools by which government gains control.
It’s the source of many woes in a society – especially when a government spends frivolously and squanders the people’ money, or spends money on causes contrary to personal values.
The Bible’s way of prosperity is vastly different and vastly better. In facts, it’s proven. For example, The Christian Science Monitor posed this question in an article: “Do Europeans work less because they believe less in God? “The report dealt with Harvard studies aimed at discovering if there is “a link between religious belief and economic performance.”
The answer was a clear Yes.
* In 2003, Harvard researchers studied 60 nations, and found there was a link between economic prosperity and a belief in the biblical idea of Hell.
* History Professor Naill Ferguson found that a decline in the hours the average European works coincided with a decline in faith.
* But it wasn’t just any faith that led to prosperity, Ferguson concluded, “This divergence…coincides with a period of European de-Christianization, and American re-Christianization.”
* Though the Christian Science Monitor column didn’t deal with, the economic surge in China, many argue, is because of the increase in biblical values, arising from the ministry of the hundreds of thousands of house churches.
While the Bible’s prosperity teachings have been twisted, abused, and misused to justify personal greed, its truths do indeed lead to abundance.
Prosperity results from pushing forward and breaking out of economic bondage. The worldview presented in the Bible is that of forward movement and freedom. Forgiveness makes it possible for us to break away from past mistakes. Jesus said He had come explicitly to set captives free(Luke 4:18).
Accountablity and stewardship are vital in wealth building, and the Bible presents these as core principles. A steward, as Bible shows, is a person who manages someone else’s property or finances. The steward has authority to administer the possessions of the person for whom he works as an agent. In Biblical times, as now, stewards ran the household – or enterprise. While the steward had authority, he also was accountable for how he managed his master’s wealth. To be continued in the next post…


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