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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.

Lessons from Millennials on Buying vs. Leasing Cars

Originally posted on the Christian Post on March 23

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’m in the market for a car, and I’m trying to decide between owning and leasing. I’m just out of college and want to keep my obligations low, and I’ve heard that leasing can be really cost effective. There are lots of great deals and promotions advertised for leases in every car commercial, making it seem like it’s worth a try. What do you think?

Looking at Leasing

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6 Ways to Go Green for St. Patrick’s Day

Chuck Bentley on 3/17/17 9:00 AM

0 comments

Originally posted on the Christian Post on March 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,

Happy St. Patrick’s Day! In thinking about going green, I’m wondering if there are any principles to keep in mind and any ways to go green cheaply?

An Irish Wish

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5 Lessons On Gift Taxes from Oprah and Tom Brady

Chuck Bentley on 3/10/17 9:00 AM

0 comments

Originally posted on the Christian Post on March 10

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,

After the amazing Super Bowl victory of the New England Patriots and their quarterback Tom Brady, he said that he was going to give the truck he was going to get as MVP to James White for catching all those passes Brady sent his way in the nail-bitter of a game. He gave a previous truck for a Super Bowl win to Malcolm Butler, another teammate who played a great game. How easy is it to give a gift like that? Does the IRS get involved? (And where can I find a friend like that?!)

Just Curious

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What to do in a Booming Stock Market

Originally posted on the Christian Post on March 3

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,

Every time I turn on the news, I hear reports about new record highs in the stock market. I have some stock investment, but wondering if I should go bigger. Is there something I should be doing to take advantage of the energy in the stock market?

Stock Market Newbie

Dear Newbie,  

Great question! With a recent report in The Balance noting that the Dow Stock Market “has set 24 new record closing highs since the 2016 Presidential election,” many people are wondering the same thing.  No doubt, the market is riding a surge in optimism at the moment! The Goldman Sachs Risk Appetite Indicator hit its historic high in early 2017.

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3 Surprising Steps to Getting Out of Debt

Originally posted on the Christian Post on February 24.

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,

Credit cards are killing me, and it feels like getting a handle on money is some kind of 12-step program. Where do I begin?

Feeling Overwhelmed.

Dear Overwhelmed,

Well, I have some good news and bad news. The good news is that it’s not the credit cards that are killing you. The bad news is that it’s the lack of savings!

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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!

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Can you get a College Degree Debt Free?

Chuck Bentley on 3/18/16 9:00 AM

0 comments

Originally posted at Christian Post March 18, 2016.

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.

 

 

If you would like to learn more about God’s perspective on work and resources, consider joining our online financial Bible Study.

To #Ask Chuck @AskCrown your own question, click here.

Dear Chuck,

My younger sister is in a mess with her student loans.  I am trying to help her figure it out. Does Crown have any materials, resources, third party consultants, or any ideas that you can recommend?

A Worried Brother

 

Dear Worried Brother,  

You’re right to be worried. Student debt is a growing crisis in America. In fact, I believe that overpriced educations that don’t result in jobs are a new bubble ready to burst. Today, 7 in 10 bachelor’s degree recipients graduate with some debt, and student debt -- surpassing $1.2 TRILLION – is second only to mortgages. But just like the housing bubble, where people owed more on their houses than the houses were worth, too many young people owe for an education that does not turn into the job imagined.

Here’s what I recommend for your sister:

First: Get a handle on how much she owes on all debt and to whom. Crown has free resources such as the “Debt Snowball Calculator” where she can list all her creditors and the details of those debts to get a clear picture of the problem and a plan to attack it. You may be interested to know that the Class of 2015 graduated with the highest debt level in history – an average of $35,051 – so I hope you’ll find comfort in knowing that you’re not alone. At Crown we advise, “Run toward your creditors, not from them, It’s difficult to negotiate with a creditor who has been ignored. Most creditors respond to a specific request that is backed by a detailed written plan. The plan should include what you owe, a copy of your budget, and a detailed plan showing exactly how much you can repay each month.”

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What does the Bible Have to Say about Socialism?

Chuck Bentley on 3/11/16 1:24 PM

10 comments

Originally posted at Christian Post March 11, 2016.

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,

When I consider all the wars fought to protect America and a way of life that provides opportunity for any person with a good idea, I’m shocked by the rise of Senator Bernie Saunders as a socialist running for the American presidency. I read an article recently that noted, “For people under 30, socialism isn’t a scary word,” but shouldn’t it be? What does the Bible have to say about socialism?

 Concerned about the Next Generation

 

Dear Concerned,

The fascination with socialism that has risen during this election season I believe comes in part from a lack of understanding of how it really works within a society. Considering the impact of different forms of government, it’s important to understand the fundamental issues of ownership and responsibility– and this is something that the Bible addresses directly. I’m not a fan of socialism or communism – and neither is the Bible.

Throughout the scripture, from the first pages of Genesis, God gives men and women resources for their use – for their good and the good of others. 1 Timothy 5:8 says, “Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.”  The responsibility was given to the individual, not delegated to the government.

Under Capitalism, people own their property and businesses and are mostly free to use them as they see fit. But in today’s politically correct environment a person’s use of his or her own property is often mocked as selfish or greedy. Sadly, too many educators today undermine the confidence of our young people in our country’s economic systems, insinuating that freedom to use the property isn’t “fair” to those without.

Under Socialism, people have limited ownership of property and businesses, which much operate under government control and regulation, and the government determines how all profits and property can be used. People who embrace the use of governmental power to suit their own social ends argue that this can create a kinder gentler society as government decides who gets what, all in the name of helping the less fortunate.  This assumes that good-hearted people, i.e. the government, are seizing the assets of less worthy people to give to the more deserving. And it matters WHO gets to decide the definition of “deserving.” It sets up a system in which the government picks winners and losers, sometimes to gain the favor of voters.

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What Happens When You Cannot Pass Go?

Chuck Bentley on 3/4/16 8:54 AM

0 comments

Originally posted at Christian Post March 4, 2016.

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,

Quick question:  I pray about finances, I work extra to get my financial situation to what it should be, I get to a certain level of finance, then GOD kicks me back to start.  Why does God hate me so much that this is his pattern?

Disgusted & Frustrated

 

Dear Frustrated,

I am sorry you are sensing that God hates you. I have good news for you; He loves you and His Word has practical help for your finances. 

The Bible is full of people who hit a wall and wondered if they would ever break free. Remember the story of Noah and the ark, in which almost all the world was so corrupt it could not be spared. When Noah was born, his father Lamech said of his son, “He will comfort us in the labor and painful toil of our hands caused by the ground the Lord has cursed.” Lamech was discouraged, and the world he lived in was a tough place.

After Elijah fought the prophets of Baal and even called fire down from the heavens and ended a three-year drought, he was afraid when Queen Jezebel called for his death.  In 1 Kings 19:3-4 it says, “Elijah was afraid and ran for his life. When he came to Beersheba in Judah, he left his servant there, while he himself went a day’s journey into the wilderness. He came to a broom bush, sat down under it and prayed that he might die. ‘I have had enough, Lord,’ he said. ‘Take my life; I am no better than my ancestors.’” Even though he had experienced great victories, the losses were hard to bear.

Or consider King David, who although God promised him that his line would lead to the Messiah, got discouraged while hiding in caves from a king who wanted him dead. Psalm 142:1-2 notes, “With my voice I cry out to the Lord; with my voice I plead for mercy to the Lord. I pour out my complaint before Him; I tell my trouble before Him.” David waited about 15 years from the time that he was told he would be king until taking the throne. It wasn’t easy.

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Are you Financially Unfaithful?

Chuck Bentley on 2/26/16 8:00 AM

0 comments

Originally posted at Christian Post February 26, 2016.

Dear Chuck,

I saw you quoted in an interesting article in Fortune Magazine about a survey on “financial infidelity”, and they said this, “One in twenty people in the U.S. admit to having started secret bank accounts or credit cards without their partner’s knowledge.” You talked about how financial secrets were not good for a marriage, and I was wondering whether you think it is ever acceptable to set money aside that your spouse does not know about, or does that make someone financially unfaithful?

Curious about Joint Checking

 

Dear Curious,

When the Bible says that two become one in marriage, it acknowledges something that those of us in who are part of a couple understand painfully well -- a unifying process is taking place. We are becoming one, rather than magically melding together, and that takes work. Merging finances is one of the hardest things a couple does together, and it takes some time, patience and sincere conversations. And in counseling couples over the years, I have found that there does come a point at which couples can undermine their marriage with financial secrets.

A headline on the topic in The Guardian recently made an excellent point: “Cheating isn’t always sexual – many admit to hiding financial information from their partners, and a frank discussion may be the best way to approach the issue.”  While not very often, I agree with the media on this one!

To be clear, there is no Bible verse that says a couple has to have joint checking or that the bills have to be written out by either the wife or the husband. But the ninth commandment, the one that tells people not to lie, is direct.

Lying to your spouse about your money is a problem – and a rather common one. The National Endowment for Financial Education found in a poll that 31 percent of Americans admitted to lying about their finances to their partners, while many others try to say nothing at all, remaining secretive.

Read More...

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