Today we continue the conversation regarding the importance of budgets that we began and continued earlier this week. In this series concluding post, Beryl Jantzi ponders about how faith informs finances and offers some honesty about what he wished he knew about money when he was younger.
COMPASS: How does/should faith inform our finances? What does the Bible have to say about money?
Beryl: Thanks for asking about the connection between faith and finance. There are more than 2300 references to money and possessions in the Bible. The only subject spoken to more often that money is the Kingdom of God. If the prophets of the Old Testament, Jesus, and the writers of the epistles in the New Testament spent so much time talking about this – maybe we should as well. This gets back to the money is a taboo thing.
Unfortunately, when money is talked about in church it is almost exclusively about giving. My response is that only talking about giving and ignoring subjects like personal money management and materialism or consumerism is in essence congregational malpractice. We cannot expect people to give unless they can first manage well what they have been entrusted with. Having a blog to talk about money is a great step in the right direction.
COMPASS: What do you wish you had known about money when you were a young adult?
Beryl: I wish I would have had people willing to talk with me honestly about the do’s and don’ts of money management. It wasn’t until I was married, we had our first child, and started wondering about life insurance that I found someone to get me thinking about developing a plan for short and long turn saving goals. This in turn has placed my wife and I in a position where we are more free and joyful with our giving. Because I know I am tending to my future short and long term needs, I am freed up to be more generous as well.
As this series comes to a close, what do you think? Why are budgets important for you? How have you effectively used them? What questions remain or what are new questions you have as a result of these posts?
About the Author: Beryl Jantzi currently serves as Stewardship Education Director for Everence, a Christian-based, member-owned financial services organization which is a ministry of Mennonite Church USA and other churches.
This blog is a component of the Ecumenical Stewardship Center’s COMPASS initiative to engage young adults in conversations about faith and finances. Like what you see and want to know/do more? Visit the COMPASS web page and join the COMPASS community on Facebook.