Advice on How to Use Your Money
Six Traits of a Millionaire
August 13, 2020 • Benham Brothers
* They work their entire life in the same place. * Own your own business. * Live next to people with a fraction of their wealth. * Compulsive savers. * You make your money on your own (don’t inherit it). * They marry once and stay married.
Trifecta of Wealth
August 27, 2020 • Benham Brothers
Paul taught how the gospel was a message of freedom. • But we didn’t need to use our freedom for ourselves. • We need to think of our responsibility to others more than our rights for ourself. • On this foundation he “became all things to all people SO AS TO WIN THEM TO CHRIST.” • He was successful at what he did. How? • Vs 24-25 - by seeing his Christian walk like an athlete sees a race. • He trained himself like he’s going to win a prize. • Three keys to training yourself to be successful (to be wealthy in every area of life): • 1) Discipline - doing what you don’t want to do in order to accomplish what you want to achieve. • 2) Diligence - the consistent movement in a positive direction regardless of the results. • 3) Determination - the desire to see things to the end; an ability and willingness to latch on and not let go. • Vs 26-27 - a boxer beats his own body first, so that he can beat somebody next. • He applies the Trifecta of Wealth to himself so he can win! • *** The worst thing for an athlete would be to finish a race and be disqualified because he didn’t do it right. • EX: Ben Johnson in the ’88 Olympics. • EX: Justin Reeder - he’s fighting for LIFE to “win it,” but he had to apply the trifecta of wealth the decade preceding.
August 6, 2020 • Benham Brothers
* If your tithe is holy, then the rest of your money is holy. * Paul is talking about the gospel going to the Gentiles after it went to the Jews. * The Jews were “the firstfruits” of the gospel and were holy, so now the Gentiles are holy as well. * They are all “people.” * But let’s talk about money. * When you give your tithe / first fruits to God, it makes the rest of your money holy. * Holy means - Set Apart / Devoted. * Principles for Holy Money: * It’s Not Yours - stewardship vs ownership. * Stewards have possession for not the rights of ownership. * It’s a tool - tools are used to build things. * We are responsible to build God’s kingdom. * It’s a burden-lifter - making your own money allows you to: * Not be a burden to anyone. * Not be beholden to anyone. * Be a blessing to everyone. * It’s meant to be given - the generous person will always prosper. * When you give to God you “lend” to the Lord (Proverbs 19:17). * Giving apart from a strategy is chaos. * Ex: new apt complex.
Using Your Wealth to Build Health
April 30, 2020 • Benham Brothers
How you handle your money shows God if you can be trusted with spiritual riches. • Vs 11 - it’s a sign. • Jesus used this parable to show us how to use wealth for kingdom purposes. • Vs 1-9 - Rich boss fires unfaithful employee. • Before he got fired he cut deals with each of the boss’ debtors. • This secured his future. • The rich man applauded his ingenuity, but didn’t give his job back. • Making moves today so you will be secure for tomorrow is a good thing! • Jesus used this parable to show the value of making moves today to secure our future in heaven. • Look at the results of the manager’s move: • The debtors got a good deal. • The rich man got paid. • He secured his future. • Skip Moen said Christ’s reference was about “brilliance manifested.” • We don’t need to be brilliant only with worldly wealth. • We need to use our brilliance for the kingdom to: • Bless others (like the debtors). • Bless God (like the rich man). • Secure our future. • QUESTION - In what way can you utilize the same brilliance that made you money to build God’s kingdom? • Vs 9 - Two ways you can use money to make friends: • 1) Give it - be generous. • 2) Invest it - not just in stockis, etc, but to start a biz, create opportunities for others to work.
Peace Over Profit
January 9, 2020 • Benham Brothers
* Vs 6a - Who will bring us prosperity? * This is a big biz guy asking God if his venture will be successful. * Vs 6b - let Your face shine on us. * He recognizes they can’t do it apart from God’s blessing. * Vs 7 - Please make us successful - I will be so happy! * When my biz kills it I will love it! * Vs 8 - But my true happiness doesn’t come from money - it comes from PEACE with GOD! * Even when his biz would be successful he would find his security in God alone, and therefore he would be blessed with PEACE. * David wanted profit - he even asked for it. * But he elevated peace over profit. * The sweetest sleep is done on the pillow of a clean conscience. * Imagine making a 1million dollar sale, but you cheated to make it happen. * How good do you feel? * You elevated profit over peace.
Fair Market Value
January 15, 2015 • Benham Brothers
Definition of fair market value - "the price a buyer is willing to pay and a seller is willing to sell with a clear conscience before God." Today we have taken out the reference to God, thus absolutizing the market itself. The market has become the absolute standard - it governs itself. When this happens it will naturally gravitate towards greed. Why? Because man is naturally sinful and apart from God he's naturally greedy. Case in point - Jacob was the buyer, Esau was the seller. Esau had something of extreme value he didn't want to sell. Jacob wanted what Esau had. Esau wanted what Jacob had (food). We have a market! The buyer, Jacob, sees the seller in a desperate situation and takes full advantage of the situation. Jacob gets the bargain of a lifetime and Esau lost something of extreme value. There's way more to this story than we can go into (Esau despised his birthright). The question is - Would Jacob have taken advantage of Esau if he had an eye toward God as the judge of His actions in this exchange? Jacob loved God and desired a good thing by wanting God's blessing, but He should have let God bring it to him and not grabbed it for himself. In a market apart from God the ends will always justify the means. When greed takes place in the market people cry for order and they begin to critcize the market that nurtured the greed. It's not the market's fault - it's the fact we took out the absolute standard by which we can govern the market. The order people will cry for, when they have rejected God, is man (government)! We see this in America today - a beautiful capitalist system with crazy government oversight because we have rejected the God Who should be governing the market itself.
The Best Way to Help the Poor
February 16, 2017 • Benham Brothers
* Notice who this command is given to - land owners. * It was the responsibility of those who owned the wealth to share it with those who didn’t. * But how? * They were not to “harvest” to the edges of their field. Pay attention to this command. * The command wasn’t for them to harvest all of it and to give a portion aways. * This meant the poor people were supposed to harvest it themselves. * In doing this it put value on WORK. * The best thing the land owner could do, the most charitable thing, was to not give money, but to give OPPORTUNITY! * The principle in Scripture is that if you don’t work you don’t eat. * This is how important work is - it’s God’s original command to us in Exodus 20:9 - Six days you shall work….. * We are supposed to be working people, and our generosity is geared toward giving others work. * And for poor people, you should want to work, not just get handouts. * Work is our way of creating, just like God created in 6 days - He gives us the ability and command to do the same.
March 23, 2017 • Benham Brothers
* The generous mindset is always focused on others, not itself. * It says, “Does this person need this money more than I do?” * A generous mindset is always win-win. * A poverty mentality is always focused on itself. * It says, “How can I get the best deal, even if it costs the other person.” * A poverty mindset is always win-lose. * Example - you hire a contractor who needs the work, but you talk him down on all his prices to a point where he’s working for a small hourly wage. * This is having a poverty mindset. * It’s always trying to take everything it can get without the thought of how it affects others. * If you pay him for what he’s worth, even giving a little bit more, you have a generous mindset. * You can tell a person like this by how they stack their plate up at potluck. HA HA! * They typically want to go first and they hit it hard. * Example - the pizza guy delivers a pizza and you leave him a $20 tip because you think, “This $20 means more to him than it does to me.” * That’s the generous mindset. * God wants us to live generously.
How To Use Money
March 22, 2018 • Benham Brothers
* In Deuteronomy 23 -26 we see a series of commands coaching the people on HOW to do certain things. * 1) Deuteronomy 23:18 - HOW You Earn It. * God is concerned with HOW you earned your money. * 2) Deuteronomy 23:24-25 - HOW You Receive It. * Don’t make a business out of getting money from people (don’t take advantage of their good will). * 3) Deuteronomy 24:10-13 - HOW You Lend It. * Consider the well-being of your debtor. * 4) Deuteronomy 24:19 - HOW You Give It. * Have a generous mindset. * 5) Deuteronomy 25:13-16 - HOW You Trade It. * Be honest in your work. * 6) Deuteronomy 26:1-15 - HOW You Tithe It. * Give God the first part and watch Him blessing it.
May 8, 2014 • Benham Brothers
Hannah prayed for one son and God gave him to her. She was willing to give him back to God. Hannah then praised God for his ossum mighty power, not mentioning her son or petitioning for more (1 Sam 2:1-10). God was moved by her thanksgiving and praise and gave her a 500% return on her investment! She ended up with 5 kids!