Economics 101

• Genesis
3:17And unto Adam he said, Because thou hast
hearkened unto the voice of thy wife, and hast eaten of
the tree, of which I commanded thee, saying, Thou
shalt not eat of it: cursed is the ground for thy sake; in
sorrow shalt thou eat of it all the days of thy life;
• 18Thorns also and thistles shall it bring forth to thee;
and thou shalt eat the herb of the field;
• 19In the sweat of thy face shalt thou eat bread, till thou
return unto the ground; for out of it wast thou taken:
for dust thou art, and unto dust shalt thou return.
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• Man was in willful disobedience and
consequently failed to maintain his
right position before God as the
head of the household (Divine
Order), consequently the curse of
working in the sense of toil became
our destiny.
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• The American Dream has been shattered by
the time-clock of God. There is no guarantee
that if you work hard that you are going to live
better than your parents. The end time clock
is now approaching a one world government
in which many things will be dictated to us.
We must be good stewards of our finance and
time in the coming years.
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• We must work and plan as if we are going to
live forever and be ready to go in the
“moment of the twinkling of an eye”.
• God has financial plans for some of us to assist
in the gospel in this last days. Whether at
home or abroad we must position ourselves
for His thoughts.
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• What do you mean Pastor ? I mean, conversation
needs to be held with your spouse and children
concerning being wise with your finance. I am not
talking about a commune or a food cache, I am
talking about being in a position where I can
resist trading my freedom for security. Impulsive
spending, and “ the proverbial jones” are going to
have to be placed aside.
• This starts with Biblical Perspective………..
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• God’s Part
• A. Ownership: When we acknowledge God’s
ownership, every decision becomes a spiritual
decision.
• B. Control (Romans 8.28)
• a. to accomplish His purposes
• b. to develop our character
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• C. Provision Matthew 6.33, Philippians 4.13
• a. needs vs. wants
• D. Possessions
• a. recognizing the sovereignty of God
Matthew 25.15
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• Man’s Part
• A. “Moreover, it is required in stewards that
a man be found faithful.” 1 Corinthians 4.2
• Principles of Faithfulness
• a. If we waste possessions, the Lord will
remove us as steward (Luke 16.1,2)
• b. Faithfulness in little things is foundational
and essential (Luke 16.10)
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• C. Faithful with another’s possessions (Luke
16.12)

• Areas of Financial Prudence

• Debt: Debt is defined as money or property
which one person is obligated to pay another
person
• Debt Ratio is the amount of money that you owe
divided by the amount of money you earn.
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• We have been studying economics based on a
biblical perspective. Kingdom Economics
• You must know and understand that to know or
understand in the mental assent is not knowing
by experience. You can not claim to live in
kingdom economics and exercise your finances in
another economic system.
• An overview of some our system and another
system Socialism is to Communism as
Capitalism is to Democracy
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• There are many kinds of economic strategies in
our world. In America, we live in “ capitalism”
which can be defined as an economic system in
which the ownership and exploitation of wealth is
left in private hands.
• Communism is a social structure in which classes
are abolished and property is commonly
controlled, as well as a political philosophy and
social movement that advocates and aims to
create such a society.[1]
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• Marx states that the only way to solve these
problems is for the working class (proletariat),
who according to Marx are the main
producers of wealth in society and are
exploited by the Capitalist-class (bourgeoisie),
to replace the bourgeoisie as the ruling class
in order to establish a free society, without
class or racial divisions.[
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• socialism (usually uncountable; plural socialisms)
• Any of various political philosophies that support social and
economic equality, collective decision-making, and public
control of productive capital and natural resources, as
advocated by socialists.
• The socialist political philosophies as a group, including
Marxism, libertarian socialism, democratic socialism, and
social democracy.
• (Leninism) The intermediate phase of social development
between capitalism and full communism. This is a strategy
whereby the State has control of all key resource-producing
industries and manages most aspects of the economy, in
contrast to laissez faire capitalism.
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• Democracy
• The political orientation of those who favor
government by the people or by their elected
representatives
• a political system in which the supreme power
lies in a body of citizens who can elect people to
represent them
• majority rule: the doctrine that the numerical
majority of an organized group can make
decisions binding on the whole group
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• We have to live in capitalism with a kingdom
economics perspective.
• What does that mean?
• It means in the areas of the Bible that address
money or related issues that we use that
guideline for our money in this system.
• What areas does the Bible discuss and
admonish ?
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• Just to list a few
• Contentment vs Lust
• Counsel vs Pride
• Honesty vs Dishonesty
• Obedience vs Disobedience
• Work Ethics
• Surety and Lending
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• Helping Others or Benevolence
• Debt
• Offerings, Tithes, Storehouses
• Investing and Planning
• Inheritance
• Taxes
• Government
• Interest
• Law Suits
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• Restitution
• Retirement, Planning
• Slothfulness
• Wealth, The futility of Wealth
• Discipline
• Promises of “God”
• Inheritance
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• What is your debt ratio ?
• How are we going to get out of debt and get in position
for God to make us the Head and not the Tail……?
• When can we owe money?
• a. the item purchased is an asset with the potential to
appreciate or produce an income
• b. the value of the item equals or exceeds the
amount owed against it
• c. the debt should not be so high that repayment
puts undue strain on the budget.
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• Statistics show that people spend
approximately one third more when they use
a credit card rather than cash because they
feel like they are not really spending money!
• There is a secular saying that goes like this, “
Don’t advertise it, if it is not for Sale !
• The more media related items,
magazines,television,infomercials, and trips to
the mall you make, the more you will spend.
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• If we want kingdom economics we have to
practice the kingdom principles for being
blessed and not cursed.
• How do I get out of Debt?

• a. Pray
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• 2 Kings 4
•
1Nowthere cried a certain woman of the wives of the sons of
the prophets unto Elisha, saying, Thy servant my husband is
dead; and thou knowest that thy servant did fear the LORD:
and the creditor is come to take unto him my two sons to be
bondmen.
• 2And Elisha said unto her, What shall I do for thee? tell me,
what hast thou in the house? And she said, Thine handmaid
hath not any thing in the house, save a pot of oil.
• 3Then he said, Go, borrow thee vessels abroad of all thy
neighbours, even empty vessels; borrow not a few.
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• 4And when thou art come in, thou shalt shut the door upon
thee and upon thy sons, and shalt pour out into all those
vessels, and thou shalt set aside that which is full.
• 5So she went from him, and shut the door upon her and upon
her sons, who brought the vessels to her; and she poured out.
• 6And it came to pass, when the vessels were full, that she
said unto her son, Bring me yet a vessel. And he said unto her,
There is not a vessel more. And the oil stayed.
• 7Then she came and told the man of God. And he said, Go,
sell the oil, and pay thy debt, and live thou and thy children of
the rest.
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• Establish a written budget, with your spending
party or parties and scrutinize it regularly.
• List Assets
• List Liabilities
• Keep yourself reminded of where exactly you are
now and for where you want to be down the
road.
• Examine your debt repayment schedule to assure
those items of higher interest can be paid off
first.
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• Consider an extra income in the family by
adding your wife, if feasible, or you getting a
part time job just for a while to get some of
the debt cleared out.

• Don’t spend anymore

money!
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• Change your lifestyle where necessary

• Don’t give up!

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