The Truth About Money

Many people misquote the Bible by saying ‘Money is the root of all evil’ when in reality the Bible says, ‘The love of money is the root of all evil’ (1 Tim 6:10). While this isn’t intended to be a Biblical article, the context is critically important. In the prior verse Timothy says “those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction” (1 Tim 6:9). Point being, those that correlate being rich with fulfilling their temptations and pursuing senseless, harmful desires should not love money because it will lead to their demise. While I agree, I want to take it a step further.

I believe that the lack of money is the root of all evil. Take any poverty-stricken place on planet earth, for example. Chances are that the general population has minimal freedom because they have few choices and marginal resources to sustain a healthy, comfortable life. Do these struggling people believe that the love of money is the root of all evil? Absolutely not! They’d do just about anything to acquire the money necessary to lift them out of their poverty-stricken situation. You must operate as though you’re in a similar condition, because more than likely, you are. The reality is that today’s economy is tough. Young adults that graduated college during the Great Recession learned this the hard way. There’s also extreme uncertainty in the global marketplace. Just look at yesterday’s Brexit event, the recent disruption of brick-and-mortar retailers by technology, and the volatility of stock markets driven largely by the fear of the masses.

“Poverty is the worst form of violence” — Mahatma Gandhi

The fact of the matter is this: If you don’t have money, you won’t have choices. Your level of freedom is directly reflected by the amount of choices that you get to make on a daily basis. We live in America, the land of the free and the home of the brave, and yet so many people become slaves to their jobs because they spend what they earn, save very little, and invest nothing. What’s worse, many succumb to this reality rather than being brave enough to break out of this mold and pursue a life that they’ve always imagined. Make the decision to not be like the rest of America. You must decide to focus on collecting enough money to secure your, your family’s, and your loved one’s future.

Acquiring large amounts of money shouldn’t be motivated by the thought of buying big houses, fancy cars, or lavish yachts. The middle class has adopted this mentality to spend what they earn and look how that’s worked out for them. Instead, you must acquire money so that you can have choices; choices to spend time with those that you love, donate your time to help the less fortunate, and the ability to donate resources to charities or churches in your community. Money isn’t about power, it’s about choice. I encourage you to adopt the following beliefs about money:

  • The desire for money is not bad when the intended use of that money is positive.
  • You owe it to yourself and your family to secure your financial future.
  • Refusing to adopt this way of thinking will leave you stuck in the middle class, or worse.

As you go about your weekend, give these ideas some thought and think about what your life would be like if you could literally choose what you do, when you do it, and who you do it with. Your next step is to confront the things that are keeping you from this level of freedom, and then commit to giving those things up. You owe it to yourself, your family, and your future to do everything in your power to achieve your full potential.

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