Proverbs: Godliness in Hard Yakka – ‘Wealth’
During a flight recently, I killed some time by picking up a Qantas mag and beginning to flick through it. It had a ‘Finance Special’ section in it with ‘tips from experts’. One column took my attention. A gentleman named Chris Caton, chief economist at the time from BT Financial Group, gave five tips. Have a browse of a summary of his points and see what you think:
- First and perhaps most importantly, spend less than you earn.
- Start early. Compound arithmetic really does work.
- Formulate a strategy, with some help, and stick to it.
- Stay married. There is nothing more destructive of financial wealth than divorce.
- Give some of your money away to charity. This will leave you less well-off financially, but far better off in every other way.
There are some surprises there, especially when you think it is coming from a secular finance guru. If you’re married, I’m not sure what your husband or wife would say if you told them you want to stay married for the financial benefit! You could probably start to see again out of your left eye after a couple of days. And how about giving away to charity? Counter-intuitive, but he is onto something.
Well, this morning, we are going to dive into some tips from an ancient expert, who incidentally, was very wealthy, but also very wise, and he knew where true wisdom starts: God. And he wasn’t afraid to name Him.