AskChuckBanner.jpg

God’s word has a lot to say about finances, in fact, there are more than 2,300 verses in the Bible on the topics of money and possessions!

God did not leave us alone to fight all the financial pressures and challenges we face without His wise guidance and trustworthy principles.

Please feel free to check Crown’s resource library of online tools,calculators and downloads.

4 Steps to Ask for a Raise

Originally posted on the Christian Post on February 17.

To learn Biblical answers to your financial questions, you can #AskChuck @AskCrown your questions by clicking here. Questions used may be lightly edited for length or clarity.

 

Dear Chuck,

I’ve been at my job for a while now, and I know that I make a valuable contribution to my company, but I don’t know how to go about asking for a raise. Employers seem to be able to say vague things about the economy being sluggish and rush past any conversation that involves compensation. What does the Bible have to say about how to have an uncomfortable conversation about compensation? Is it more “Christian” to take a lower salary and give up worldly riches?

Stuck with Sluggish Salary

Dear Stuck,

This will be fun! Hopefully this will cover the questions you are wrestling with and give you some tips for seeking a raise so you will be on track for a healthy increase in pay soon!

Read More...

Climbing a Pyramid or Building a Business?

Chuck Bentley on 7/29/16 9:00 AM

0 comments

Originally posted at Christian Post July 29, 2016.

To learn Biblical answers to your financial questions, you can ask Chuck your questions by clicking here. Questions used may be lightly edited for length or clarity.

Dear Chuck,

I’ve read your book The Worst Financial Mistakes in the Bible, and heard you speak when you visited my church in Brazil. I´ve come across a situation that made me wonder what you and the Bible might think of Multi-level Marketing (MLM or network marketing). Several friends have approached me with opportunities, but so far I have declined. My wife and I have read about it a lot more since we were first approached. We´ve even read Robert Kiyosaki's  The Business of the 21st Century where he recommends MLM, but what do you think? I really would appreciate any advice you can provide.

Friends in Brazil


Dear Friends,

Greetings from America, and thank you for reaching out with such a great question.  The answer is complex and my honest answer runs the risk of offending some people, but in my experience, not all MLM opportunities are created equal, and that comes directly from the U.S. Government. In fact, I find many of the MLM opportunities very troubling.

Consider this: according to the Federal Trade Commission:

“In multilevel or network marketing, individuals sell products to the public — often by word of mouth and direct sales. Typically, distributors earn commissions, not only for their own sales, but also for sales made by the people they recruit. Not all multilevel marketing plans are legitimate. If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it’s probably not. It could be a pyramid scheme. Pyramid schemes are illegal, and the vast majority of participants lose money. If you’re considering buying into a multilevel marketing plan, get the details.”

Read More...

Learning Lessons from Losing $4.5 Billion

Originally posted at Christian Post June 24, 2016.

To learn Biblical answers to your financial questions, you can AskCrown by clicking here. Questions used may be lightly edited for length or clarity.

Dear Chuck, 

I have been fascinated by the news stories about the embattled founder of the medical testing company Theranos, Elizabeth Holmes, who lost $4.5 billion – BILLION – and it is really hard to understand how someone can go from the top of Forbes richest people list to the bottom. Is there Biblical advice on how to avoid that kind of rise and fall? I have a business that I operate and I want to avoid that kind of disaster.

Working Hard for the Money

 

Dear Working, 

Thank you for the question. I’ve been fascinated by the story as well, which has all the drama of a Greek tragedy, and some lessons for those who want to create their own “unicorns” – an industry term for start up companies valued at over a billion dollars. Perhaps the whole tragedy could have been averted if a little more of Biblically recommended caution had been applied by those who first heard about the venture. 

As Christians we are urged to “be wise as serpents and innocent as doves.” (Matthew 10:16). Theranos founder Elizabeth Holmes told the world that she has built a better medical mousetrap – claiming she could revolutionize the world of blood testing, which impacts many people. But according to pending lawsuits, words and deeds did not match up. Blind faith is never a good thing in investing.

Read More...

How Do I Collect an Unpaid Debt From A Fellow Christian?

Chuck Bentley on 12/18/15 8:00 AM

2 comments

Originally posted at Christian Post December 18, 2015.

Dear Chuck,

My husband has his own small business, construction, and he was sub-contracted for another small business, also construction. Since both men are believers, how do we biblically handle not being paid for the job? (The main contractor) keeps promising, but not paying. Thank you!

A Concerned Wife

 

Dear Concerned Wife,

When it comes to a disagreement within the family of God, the Bible has some concrete advice. You’ve already taken the first step, but let’s look at the rest.

In Matthew 18:15-17, Jesus said: “If another believer sins against you go privately and point out the offense. If the other person listens and confesses it, you have won that person back. But if you are unsuccessful, take one or two others with you and go back again, so that everything you say may be confirmed by two or three witnesses. If the person still refuses to listen, take your case to the church. Then if he or she won’t accept the church’s decision, treat that person as a pagan or a corrupt tax collector.”

Your question implies that your husband has already spoken to him privately and received nothing but empty promises. Before taking the next steps outlined in Matthew 18, I suggest the following: 

Read More...

0 comments

Leave a comment

Subscribe to Ask Chuck Updates

Interested in learning about your financial health?
 
C52F58095C0657A0BDC728978DF584A70E72E816C8903552A7pimgpsh_fullsize_distr.jpg
.
MoneyLife Insights
 
 Donate Now
 
 
 

 

Redeem My MoneyMap

Other Crown Blogs
HOTW_Email_Promo.jpg
Testimony_email_promo.jpg