Financial freedom is not about wealth or the ability to do whatever you want with money. It is about understanding that the money you have has been entrusted to you by God and that He desires you to follow him. He does desire for you to have nice things, but not if they obstruct your view of him. He does desire you to be wise and put money aside for times of emergency and hardship, but not if it means losing your trust in Him. He does want you to be generous with your money and give of it freely, but not if that means losing your focus on the giver, God, and instead focusing on your own ability to help others.
Experiencing financial freedom requires taking specific and intentional steps as the result of changed attitudes and habits. These steps to experiencing freedom help to reduce the power of money over your life and in turn seek to put it back into God’s hands. There is one, Satan, who has come only to steal and kill and destroy, but there is a better way. Jesus has come to set you free from all things so that you can have life and live it to the fullest.
When we focus is on the physical aspects of money we quickly lose sight of the spiritual aspects that are driving our decisions. Doing things such as putting all of your extra money into retirement while you are still living in debt and without any savings is unwise and it is putting your hope into money and your own abilities. I spoke recently to an investment adviser who stated that they have never turned anyone away and would not want to, regardless of their situation. His view was that investing was so important that it should be done regardless of a person’s financial situation because life happens and you may never be able to invest for retirement again.
I will say that I don’t believe that he said this at all with any malicious intent, but even strictly financially speaking it does not make sense. When you live in debt, with no savings, and a retirement account where do you go to when you are in a financial hardship? You will either have to borrow more money or you will have to draw from your retirement early which means that you will be penalized with a 10% early withdrawal fee plus you will pay taxes on the money that you have withdrawn which is like borrowing money at around 35% interest.
What it comes down to is this. God has some pretty specific instructions about how to handle His money and when we do things our own way we will never truly experience the freedom that He has in store for us. I am not trying to say that I have things all figured out, but I have come to realize that there is so much more to money and to life for that matter than just working to make money so that we can spend it on ourselves. The never ending cycle of working and spending on ourselves takes our eyes, hearts, and our trust off of God and places it in money and in ourselves.
Jeremy Lindeman, Financial Coach
Jeremy has a desire to see people set free from the chains of bondage that are weighing them down when it comes to their money. Through seeking to understand God’s desire for mankind he has sought to understand what experiencing true freedom with finances is really about. It is his heart to help people and to see them succeed with money, but also to glorify God along the way. If you are interested in some financial coaching he would be more than happy to help you. Please contact him today by calling 573-208-4266. Have a blessed day.