At last, the long-awaited second round of economic stimulus checks are hitting bank accounts around the country. Others are waiting for a paper check to arrive in their mailbox. Lately, I have observed conversations about the payments that are currently being received and those received in mid-2020. Many wait, with anticipation, the arrival of payments. Although nice to have, for most the $600.00 is going to mean very little for their financial picture.
As a Gen Xer growing up in the Midwest, the overarching goal of society there was to get a stable job for 30 years and then retire with a pension. Buy a house, don’t rent, and do not ever move from that house. Do not refinance that house. Being wise with money meant not taking risks, buying savings bonds, and hoarding as much as possible. Giving was not the norm, and when it happened it was with hesitance and later regret.
The problem with the plan outlined above is that it puts hope in our own abilities, it gives no space for the Biblical mandates of tithing and offering, and it affords little opportunity for God to give increase. It does not support the joy that comes with giving.
Matthew 6:24 states, “No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon”. We cannot effectively serve God and observe the financial philosophy listed above.
This is certainly not to advocate reckless spending or even unwise giving. Rather, we need to view our overall financial health through the lens of biblical teaching. So whether you choose to buy, invest or save what you receive in this season, make sure it is working toward your ultimate financial goals. Faithful stewardship is an integral duty for Christian families.