Nine Principles of Family Finances Viv Grigg What do I teach my kids?
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Transcript of Nine Principles of Family Finances Viv Grigg What do I teach my kids?
Nine Principles of Family Finances
Viv Grigg
What do I teach my kids?
But seek first his Kingdom and his righteousness and all these things shall be yours as well (Matt 6:33).
Which things? food, clothing, housing, basics.
Luke 14:26 I forsook all to follow Jesus to the slums and he has provided all that we need each week for 31 years since then.
We pray for our needs e.g. bishops table e.g. scholarships for Monique e.g. house with office
Seeking his Kingdom means following Kingdom principles of finances
Principle 1: Creativity God is the creative worker
His work was goodMade something out of nothingHis work was artistic, expressing beautyEvolving one thing from the next
– we are to grow business incrementally His work was good
Work is honorable Daily chores: garbage, dishes, washing Work with hands is godly
Kingdom Economic Principles in Genesis 1
Principle 1: Creativity – He creates, we create (Gen 1:1)
Principle 2: He works cooperatively (“Let us”1:1) Principle 3: Productivity – “he made”, “it was
good” Principle 4: He works Principle 5: He rests
Principle 4: Work Human work
To manage the earthTo subdue itTo fill it
Work was cursed in the fall It became hard work
From gardener to farmer, from fulfilment to frustration
But the command to manage did not change
Principle 5: Rest
Abuse of work takes two forms: Idleness, afraid to dirty hands
We plant our own garden Overwork
Work without rest is one of the major sins
The Sabbath a symbol of the covenant between
God and his people a time to reflect and rest out of this reflection, worship.
Principle 6: RedistributionThe Jubilee (Lev 25:8-17)
It was a time of equalizing every 50th year.I. LIBERTY It is synonymous with the year of liberty. Slaves are to be set free. II. DEBTS ARE TO BE CANCELED. Economic freedom is inherent in the gospel message.III. CELEBRATION. Celebration is inherent in the gospel message.IV. REDISTRIBUTION The means of production, the land was to be returned to the original
owners. Redistribution of the means of production is inherent in the gospel message.
V. OWNERSHIP Even the Levites were to have their own home. E.g with $400 we bought our home.
Jubilee Economics in the Acts Community (Acts 2:42-44)
2nd PRINCIPLE: COOPERATIVE ECONOMICS
6th PRINCIPLE: MEETING NEEDS
6th PRINCIPLE: VOLUNTARY GIVING
6th PRINCIPLE: THE EQUALIZING GOSPEL
8th PRINCIPLE: CELEBRATION
9th PRINCIPLE: PRIVATE OWNERSHIP WITHOUT POSSESSIVENESS
Rich 5%
Middle Class 10%
Labouring Poor 45%
Destitute Poor 40%
AN EQUALIZING GOSPEL
A RANGE OF JUSTICE & EQUALITY
When people heard him,
what did they understand?
Jesus came to preach good news of the Kingdom of God to the poor, to set the captives free, to declare the acceptable year of the Lord (– the year of Jubilee) (Luke 4:18, 19).
Principle 6: Jubilee and International Redistribution (2 Corinthians 8,9)
The principles of Jubilee as evidenced in Jesus community, then in the Acts community are further extended globally in Paul’s teaching on global redistribution between the churches
Teach kids to give to
the poor
I Tim 6:6-10 Equalising
A Lifestyle of Simplicity
Earn much
Consume Little
Hoard Nothing
Give Generously
Celebrate Life
Principle 7: Management,
We are to manage the earth Earn your way through University, we
will be here behind you if all fails
Savings and Debt Debts were to be cancelled Owe no man anything Forgive us our debts as we forgive
our debtors To my kids
No credit card Don’t buy if you can’t pay
Pocket money and a Notebook - giving 10% - saving 10% - making a budget - buy a hair curler???
9. Ownership Own home Own home Provide Family
Principle Genesis/ Jubilee Gospels & Acts Epistles1. Creativity God the creator Spirit sets free
2. Cooperative Economics
Let us make Sharing Provide for others
3. Productivity Good outcomes Fruit of Preaching
4. Work He makesHe structures
Labour in the gospel
Work with hands(1 Thes 4:11)
5. Rest God rests Jubilee come Eternal Rest
6 Redistribut’nfor Equality
Jubilee –return of land Tithing
No needy one
Weekly Giving
Global redist’n (2 Cor 8,9)
Simplicity
7. Stewardship Savings & Debt
Jubilee cancels debts
Debts cancelled
Good managers
Owe no man
Manage house
8. Celebration It was good Worship daily Laughing givers