Financial freedom is about understanding that everything you have has been entrusted to you by God. It is not about wealth or the ability to buy whatever you desire. God’s desire is for your heart above all else. There is nothing wrong with having nice things unless they obstruct your view of God. He desires for you to be wise and put money aside for emergencies, but your trust is to be in Him. You are to be generous with your money while realizing that it’s all by God’s grace that you have that ability.
How to Gain Financial Freedom?
Experiencing financial freedom requires us to handle our money differently by changing our attitudes and habits. The steps to experiencing freedom help reduce the power of money over your life. Your life belongs to God and is to be fully devoted to Him.Mk. 12:30 Satan 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.Jn. 10:10
Focusing on the physical aspects of money causes us to lose sight of the spiritual aspects that are driving our decisions. Doing things such as putting all of your money toward retirement with debt and no money saved is unwise. Such actions tend to reflect that you have put your hope in money and your own abilities rather than in God.
Financial Freedom vs. Folly
Recently I spoke to an investment adviser who stated he had 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. This is an example of putting hope in wealth rather than in God. It might be dismissed as trusting God to provide right now, but that is misguided if you are not handling money God’s way. To say that you are trusting God to provide right now while you live in debt and spend all of your money is not trust. God Word says that you are being a fool to do this.
Precious treasure and oil are in a wise man’s dwelling, but a foolish man devours it.
Living in debt, with no savings, and a retirement account is foolish, not wisdom. Where will you go when hardship comes? You will either have to borrow more money or you will have to draw from your retirement early. Ealy withdrawal on an IRA will cost you a 10% penalty plus your tax rate. That’s like borrowing money at 35% interest.
What it comes down to is this. God has some pretty specific instructions about how to handle His money. When we do things our own way we will never truly experience the freedom He has in store for us. There is so much more to money and to life than just making money and spending it all on ourselves. The never-ending cycle of working and spending all we have removes our focus from God and places it on our own abilities.
Jeremy Lindeman, Financial Coach
Jeremy has a desire to see people set free from the financial chains of bondage that are weighing them down. He has sought to understand what experiencing true financial freedom in Christ 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.