As
a Christian, I'm always trying to look to God's word in order to learn about
how I should be living my life (when it comes to my finances, my personal life
and everything in between). The Bible
has a many verses about
how to deal with money (and investing).
Remember, to put your hopes in an eternal God, and not the temporary pleasures
of wealth.
It’s important to plan ahead for the
future, save, invest, and diversify our money. Here are just a few
scripture about this important area of our life.
1.
1 Timothy 6:17-18 (GW) –“Tell those who have the riches of this world
not to be arrogant and not to place their confidence in anything as uncertain
as riches. Instead, they should place their confidence in God who richly
provides us with everything to enjoy. Tell them to do [well], to do a lot of
good things, to be generous, and to share.”
2.
James 4:13-15 (GNT) - Now listen to me, you that say, “Today or
tomorrow we will travel to a certain city, where we will stay a year and go
into business and make a lot of money.” You don't even know what your life
tomorrow will be! You are like a puff of smoke, which appears for a moment and
then disappears. What you should say is this: “If the Lord is
willing, we will live and do this or that.”
3.
Luke 14:28-30 (MSG) - Is there anyone here who, planning to build a
new house, doesn’t first sit down and figure the cost so you’ll know if you can
complete it? If you only get the foundation laid and then run out of money,
you’re going to look pretty foolish. Everyone passing by will poke fun at you: “He
started something he couldn’t finish.”
4.
Luke 16:10 (GW) – “Whoever can be trusted with very little can
also be trusted with a lot. Whoever is dishonest with very little is dishonest
with a lot.”
5.
Proverbs 11:28 (VOICE) – “Those who trust in their wealth are headed
for great disappointment, but those who do right will sprout like green leaves in the spring.”
6.
Proverbs 13:16 (AMP) – “Every prudent and self-disciplined man acts with knowledge; but a
[closed-minded] fool [who refuses to learn] displays his foolishness [for all
to see]”.
7.
Proverbs 16:9 (GNT) – “You may make your plans, but God directs your
actions.”
8.
Proverbs 21:5 (ERV) – “Careful planning leads to profit. Acting too
quickly leads to poverty.”
9.
Proverbs 22:16 (NCV) – “Whoever gets rich by mistreating the poor, and gives presents to the wealthy, will become
poor.”
10.
Proverbs 24:6 (VOICE) – “With wise guidance, you can wage a successful war, and with a council of many advisors, you will be
victorious.”
11.
Proverbs 3:5-6 (NCV) – “Trust the Lord with
all your heart, and don’t depend on your own understanding. Remember
the Lord in all you do, and He will give you success.”
Let’s conclude
this post with some valuable quotes on the topic of investing your money wisely:
1.
Anonymous
Author - “It’s not what you own that will send you bust but what
you owe.”
2.
Benjamin
Franklin - "An investment in knowledge pays the best
interest."
3.
Benjamin Graham - “Successful
investing professionals are disciplined and consistent and they think a great
deal about what they do and how they do it.”
4.
John Templeton - “The four most
dangerous words in investing are: ‘this time [it is] different’.”
5. Paul Clitheroe - "Invest in yourself. Your career is the engine of your
wealth."
6. Peter Lynch -
"Know what you own, and know why you own it."
7.
Peter
Lynch - “If you’re prepared
to invest in a company, then you ought to be able to explain why in simple language
that a fifth grader could understand, and quickly enough so the fifth grader
won’t get bored.”
8. Phillip
Fisher - "The
stock market is filled with individuals who know the price of everything, but
the value of nothing."
9. Robert G.
Allen - "How
many millionaires do you know who have become wealthy by investing in savings
accounts? I rest my case."
10.
Warren
Buffet – “Price
is what you pay. Value is what you get.”
11. Warren Buffett - “I will tell you how to become rich. Close the
doors. Be fearful when others are greedy. Be greedy when others are fearful.”[i]
[i] Adapted from “30 Bible Verses about Investing:
Getting Good Counsel, Planning Ahead and Diversifying” by Peter Anderson. On Proverbs 13:16, brackets were added by the Amplified Bible, and not me.
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