Tuesday, August 9, 2011

Our Current Economic Situation

by Bruce Mills

I have a good friend, Grant Wolf, who for many years served as the Executive Director of the Fellowship of Christian Peace Officers. Grant spent many years in the insurance industry and has been involved in financial counseling for both believers and unbelievers who are struggling with dire financial straits.  He sent me a copy of an email he sent out to folks on his email distribution list.  The principles are just what Christians need to hear during these difficult economic times, so I am posting it here for your edification.

Our Current Economic Situation

by Grant Wolf

Perhaps you are one of millions of Americans who find yourself severely affected by the current economic crisis. Our nation is in serious trouble, and it will take serious remedial action to get us back on track.

Many now find they owe more on their homes than the current selling price, and that their investments – 401K or otherwise – have taken sharp hits.

As Christians, how do we react?

First, we must keep strong our faith in God and his overarching protection. Isaiah 31:1-3 says: What sorrow awaits those who look to Egypt (government, men) for help, trusting their horses, chariots, and charioteers and depending on the strength of human armies instead of looking to the Lord, the Holy One of Israel. In his wisdom, the Lord will send great disaster; he will not change his mind. He will rise against the wicked and against their helpers.

Second, we need to make certain we are serving God and not money. (Matthew 6:24 - You cannot serve both God and money.)

Third, we are not to worry about the morrow. (Matthew 6:34 – Do not worry about tomorrow, for tomorrow will take care of itself. Sufficient for today are its own troubles.

Fourth, we need to count our blessings. (Matthew 6:30-32 – Now if God so clothes the grass of the field, which today is, and tomorrow is thrown into the oven, will He not much more clothe you, O you of little faith? Therefore do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear? For after all these things the Gentiles (unbelievers) seek. For your heavenly Father knows that you need all these things.)

Finally, God is able to make up for our financial loss. In 2 Chronicles 25:6-9, King Amaziah of Judah “paid about 7,500 pounds of silver to Israel to hire 100,000 experienced fighting men in order to prop up his own army. But a man of God came to him and said, ‘Your Majesty, do not hire troops from Israel, for the Lord is not with Israel.’ Amaziah asked the man of God, ‘But what about all that silver I paid to hire the army of Israel?’ The man of God replied, ‘The Lord is able to give you much more than this!’”

I read a “letter to the editor” the other day from a woman who said their house was now worth less than what they owed. However, she said it didn’t make any difference. They liked their home, the mortgage was in line with their ability to pay, and the sale or mortgage values made no difference. They were “just figures on paper.”

For many, the value of homes, stocks, bonds or other assets are “just figures on paper” and do not affect day-to-day living. So we just go forward rejoicing, as a country gospel song goes, “Looking forward to the City coming down, not the cities going up!”


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