Loan officer helping two clients review and sign a loan agreement

Stay Out of Bad Deals

*Allow me to give you a quick peek behind the curtain. In my own studying through Proverbs, I’m already to chapter 11. We’ll get there eventually. I’ve written up post seeds through chapter 10. I write those when I study a particular passage long in advance of when I actually write a post to go live. That way, when it comes time to write the rest, I have a memory jog for where I had intended to go at the time. Well, I had intended for this post to go live this past Monday. But I had started working on it back at the beginning of July when I pivoted to summer reruns instead. As a result, it was buried in the middle of a long list of post seeds. When I didn’t see it, although I didn’t remember getting into chapter 6 before the break, I assumed I had and went on. I finally discovered the mix up yesterday. So, here it is a few days late. Enjoy!

“My son, if you have put up security for your neighbor or entered into an agreement with a stranger, you have been snared by the words of your mouth—trapped by the words from your mouth. Do this, then, my son, and free yourself, for you have put yourself in your neighbor’s power: Go, humble yourself, and plead with your neighbor. Don’t give sleep to your eyes or slumber to your eyelids. Escape like a gazelle from a hunter, like a bird from a hunter’s trap.” (Proverbs‬ ‭6‬:‭1‬-‭5‬ ‭CSB‬‬ – Read the chapter)

I am not a financial guru. I know a few basics, but when things start to get very detailed, my eyes glaze over and all of the information starts soaring right over my head. Fortunately, those basics are pretty sound so as to keep me out of trouble. Don’t spend more than you make. Invest and save judiciously. Put sacrificial generosity first. Don’t go into debt for anything except possibly a car or a house. As we get into Proverbs 6 today, we’ll find Solomon offering a potpourri of advice. His first stop is bad financial arrangements. Let’s take a look at what he has to say.

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How to Be Rich

Everyone wants to be rich. Unfortunately, most people aren’t very good at it. We make the assumption of consumption with frightening ease, and things gradually fall apart from there. Things don’t have to be this way, though. In his first letter to his protege Timothy, Paul offered some counsel on how to be good at being rich. As we wrap up our teaching series, How Big Is Your World, we are talking today about the secret to keeping the world-shrinking assumption of consumption at bay, and living fully in the big world God has for those who trust in Him.

How to Be Rich

If you are someone who still watches major network TV series, we’re in that awkward, in-between season. All of the shows that run on the normal fall/spring cycle have been done for a couple of months now. But it’s not time for the new seasons to start just yet. This wouldn’t be such a bad thing except there aren’t really any sports to watch right now either. Football season hasn’t started. There isn’t any basketball to speak of. And baseball hasn’t gotten in the mid-September playoff chase excitement. Making things even worse is that these days when the competition is exceedingly high among the various networks and streaming services to attract and retain viewers in order to get the advertising revenue that is their lifeblood, while most series wrap up a plotline or two at the end of the season, they’ll also leave the viewers with a cliffhanger of some sort in hopes of drawing them back to find out what happens next. 

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Morning Musing: Exodus 22:25-27

“If you lend silver to my people, to the poor person among you, you must not be like a creditor to him; you must not charge him interest. If you ever take your neighbor’s cloak as collateral, return it to him before sunset. For it is his only covering; it is the clothing for his body. What will he sleep in? And if he cries out to me, I will listen because I am gracious.” (CSB – Read the chapter)

A huge portion of our economy is built on interest. Everybody changes interest for everything. The only reason a business might not charge interest is if they are running a special sale in hopes that enough extra people will buy something to make up for the interest they are losing from a small number buying. The practice of charging interest on loans has been around for a long time. For much of that, though, one group of people in particular considered it a bad thing. This verse has a whole lot to do with why. Let’s think through what we see here, what it means, and what we should do with it today.

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Morning Musing: Mark 8:36

“For what does it benefit someone to gain the whole world and yet lose his life? (CSB – Read the chapter)

We have been talking about how we can be good at being rich for the last three weeks. This verse, in context, doesn’t have anything to do with that at all. But what it does do is give us a perspective we can take to every part of our lives – including our wealth – that has the power to totally transform our thinking, and by that, our living. If you want to truly be rich – in this present age and any age beyond it – this is a perspective you need to consider embracing.

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Morning Musing: 1 Timothy 6:6

“But godliness with contentment is great gain.” (CSB – Read the chapter)

We live in a culture that all but demands that we give ourselves to whatever is going to help us get ahead. Ahead of what, you ask? Whatever or whomever is currently ahead of us. We are called to work harder, spend more, limit ourselves less, and so on and so forth. The trick to all of this, of course, is that none of this does the trick. None of it helps us achieve our goals. Even more than that, none of it is the kind of gain that we really need. In fact, we only think it’s the kind of gain we want until we actually get it and realize it isn’t. In his letter to his protege Timothy, Paul told us how we can find what we are seeking.

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