Notes for
Building Goshen-5
Five Things that God tells us about Money
2 Peter 2:9 ICB And so the Lord knows how to save those who serve him. He will save them when troubles come. And the Lord will hold evil people and punish them
Genesis 47:27 Now the Israelites settled in Egypt in the region of Goshen. They acquired property there and were fruitful and increased greatly in number.
Luke 16:10-12 “Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much. So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches? And if you have not been trustworthy with someone else’s property, who will give you property of your own?
How we manage money is the litmus test that God uses to determine whether He can trust us with other things in life.
Proverbs 3:9-10 Honor the LORD with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.
Leviticus 27:30 "'A tithe of everything from the land, whether grain from the soil or fruit from the trees, belongs to the LORD; it is holy to the LORD.
if you have not been trustworthy with someone else’s property, who will give you property of your own?
Contained in the money we receive is God’s money. God is looking to see if you will return to Him the tithe and if you do, He knows He can trust you with more.
The second thing that God says about money is to use self-control with our spending.
Proverbs 21:20 The wise store up choice food and olive oil, but fools gulp theirs down.
Proverbs 13:18 He who ignores discipline comes to poverty and shame, but whoever heeds correction is honored.
Proverbs 21:17 Whoever loves pleasure will become poor; whoever loves wine and olive oil will never be rich.
Titus 2:11-12 For the grace of God that brings salvation has appeared to all men. It teaches us to say "No" to ungodliness and worldly passions, and to live self-controlled.
Titus 2:1-2 You must teach what is in accord with sound doctrine. Teach the older men to be temperate, worthy of respect, self-controlled
Titus 2:4-5 Then they can train the younger women to love their husbands and children, to be self-controlled
Titus 2:6 Similarly, encourage the young men to be self-controlled.
Self-control means that you spend less than you earn-period.
If you don’t give every dollar a name before you spend it, it will disappear!
We must save and store up assets.
Proverbs 21:20 The wise store up choice food and olive oil, but fools gulp theirs down.
Proverbs 6:6-8 Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.
An asset is anything that puts money into your pocket. A liability is something that takes money out of your pocket.
Bad debt is a curse.
Duet 28:15, 44,45, 47,48 However, if you do not obey the LORD your God and do not carefully follow all his commands and decrees I am giving you today, all these curses will come upon you and overtake you:… He will lend to you, but you will not lend to him. He will be the head, but you will be the tail. All these curses will come upon you…Because you did not serve the LORD your God joyfully and gladly in the time of prosperity, therefore in hunger and thirst, in nakedness and dire poverty, you will serve the enemies the LORD sends against you.
Proverbs 22:7 The rich rules over the poor, And the borrower becomes the lender's slave.
2 Kings 4:1 The wife of a man from the company of the prophets cried out to Elisha, “Your servant my husband is dead, and you know that he revered the Lord. But now his creditor is coming to take my two boys as his slaves.”
Bad debt is when we borrow to buy liabilities.
Buy liabilities with the money that comes from assets.
Proverbs 22:7 The rich rule over the poor, and the borrower is servant to the lender.
35% of Americans reported that they're in the most debt of their lives. U.S. household debt swelled to $17.06 trillion last quarter, with credit card balances making up about $1.03 trillion of it — a new high for credit card debt.
The fifth thing that God says about money is that we must put our extra money into commodities or assets.
Proverbs 31:16 She considers a field and buys it; out of her earnings she plants a vineyard.
Ecclesiastes 11:2 Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.
I Kings 9:26-28 King Solomon also built ships at Ezion Geber, which is near Elath in Edom, on the shore of the Red Sea. And Hiram sent his men—sailors who knew the sea—to serve in the fleet with Solomon’s men. They sailed to Ophir and brought back 420 talents of gold, which they delivered to King Solomon.
I Kings 10:29 They imported a chariot from Egypt for six hundred shekels of silver, and a horse for a hundred and fifty. They also exported them to all the kings of the Hittites and of the Arameans.
God expects all of us to multiply what we have been given
2 Kings 4:2-7 Elisha replied to her, “How can I help you? Tell me, what do you have in your house?”
“Your servant has nothing there at all,” she said, “except a small jar of olive oil.”
Elisha said, “Go around and ask all your neighbors for empty jars. Don’t ask for just a few. Then go inside and shut the door behind you and your sons. Pour oil into all the jars, and as each is filled, put it to one side.”
She left him and shut the door behind her and her sons. They brought the jars to her and she kept pouring. When all the jars were full, she said to her son, “Bring me another one.”
But he replied, “There is not a jar left.” Then the oil stopped flowing.
She went and told the man of God, and he said, “Go, sell the oil and pay your debts. You and your sons can live on what is left.”
Good debt is debt that produces income and puts money back into your pocket, and you can sell it off any time to pay back your debt.
The first indicator I have to have to go into debt is to have a provable cash flow.
The second indicator is that the cash flow exceeds the cost of production by at least 200%.
The third indicator is you have a provable scalability model.
Genesis 12:2 I will bless you… and you will be a blessing
Genesis 47:19 Give us seed so that we may live and not die, and that the land may not become desolate.”
Genesis 47:25 “You have saved our lives,” they said. “May we find favor in the eyes of our lord;
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