Posts Tagged finance

Neither a Borrower nor a Lender Be?

Borrowing and Lending

“LORD POLONIUS:
Neither a borrower nor a lender be;
For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” Hamlet Wm Shakespeare, 1602

Shakespeare makes the point in this famous Polonius quote that lending money can be too big a strain on a relationship. The biblical view on lending is more straightforward – if you can afford to lend you can almost certainly afford to give away instead.

Shakespeare’s other point is also important “..borrowing dulls the edge of husbandry”. In other words you shouldn’t try to borrow out of a tight financial situation but rather trade, or work, your way out.

The Bible says:

who lends money to the poor without interest; who does not accept a bribe against the innocent. Whoever does these things will never be shaken.
Psalm 15:4-5

They are always generous and lend freely; their children will be a blessing.
Psalm 37:25-27

And if you lend to those from whom you expect repayment, what credit is that to you? Even sinners lend to sinners, expecting to be repaid in full.
Luke 6:33-35

But love your enemies, do good to them, and lend to them without expecting to get anything back. Then your reward will be great, and you will be children of the Most High, because he is kind to the ungrateful and wicked.
Luke 6:34-36

The Godly Approach to Lending

How much time and money would we save without borrowing and lending? We would not have an international financial crisis without borrowing and lending. Would most people still build their own homes without mortgages? I think we would have evolved other, better, ways of affording houses and land. Would we have to live longer with our parents? Maybe. Would that be a bad thing? Probably not, especially while our children were young. How much better to have extended family?

How many lives would have been lived longer and with better quality without debt worries causing stress related illnesses and suicides?

We falsely believe we need loads of materials goods, bigger homes and newer, more impressive cars, so we borrow to finance them. Just who are we trying to impress? Strangers on the highway? Our colleagues? People who won’t even remember our names 5 years after our retirement. Surely our family don’t need us to buy their affections. If they do, there is a whole other issue that needs looking at.

How much of our hard-earned money do we give away in interest every month to irresponsible bankers who make bad decisions but still have enormous bonuses and actually produce what?

How much better to live within our means, even if it means not having the newest, shiniest temptation gadget on the market this season. How much better to sleep soundly every night? How much better to feel able to answer the phone knowing it won’t be anyone chasing repayment of some debt for some “treasure” long forgotten about.

At one time the Western nations managed their money biblically – saving and then consuming. In the meantime we actually cooked our food instead of defrosting and microwaving it. Home made jam to use up the produce in the garden and greenhouse. Fishing to actually catch fish to eat. White washing a fence, mending. Making soup.

We miss out on so many of these simple joys because we work so many hours to pay our interest bearing debts that we sell our quality time, our family time very cheaply.

Advertisements

, , , , , , , , , , , , , , , , , , , , , , ,

1 Comment

Lending with Care.Org

This is brilliant!

And simple!

You want to make a real difference in peoples lives? So what’s £15 to you? A couple of bottles of wine? Half of a computing game? a DVD? A single night at the cinema? A cheap handbag?

How about instead going to http://www.lendwithcare.org/ and lending from just £15.00 to an aspiring entrepreneur in developing countries?

This UK website is facilitated by the Co-operative and managed by Care International. The idea is so simple and wonderful. You lend from £15 to an entrepreneur supported by Care and associated organisations. You should get your money back so you can lend it all over again to someone else in need of help.

This is such a great feeling, helping people to help themselves and then you can help some more.

What does the bible say?

They are always generous and lend freely; their children will be a blessingPsalm 37:26

who lends money to the poor without interest; who does not accept a bribe against the innocent. Whoever does these things will never be shakenPsalm 15:5

And if you lend to those from whom you expect repayment, what credit is that to you? Even sinners lend to sinners, expecting to be repaid in full.
Luke 6:34

So how about putting the Word into practice and changing lives for the sake of a just a few quid?

 

 

 

, , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a comment

Q: How Many “F”‘s in ‘Life’? A: 5

I’ve ordered my five fundamental F’s in my daily order that I attend to them, and noticed that it makes them alphabetical and easy to remember. Score!

Faith

The first thing I do every (weekday) morning is get into the Word. Sometimes this is not easy, especially in winter in the dark, and of course the enemy will try anything to stop you so that you find yourself tempted to just press that “snooze” button a few times. It takes just a little push to get past that, but the rewards are immense. I get up early so that I can concentrate and meditate before the children get up looking for breakfast, P E kit, lunch money. This two hour session sets me on my path for the day. I read the Word, pray, confess the Word and sip coffee watching Godly TV.

Family

After a couple of hours in the Word, I am Much more able to greet my 3 boys in a positive, encouraging, patient and loving way.  They tend to wake in a good mood and we have a happy breakfast before they all get off to school. I walk my little one to school, and I thank God  for everyday I have that I can give him a loving little kiss on the forehead before he gets to the “Mom, get off,not in front of my friends” stage. Back home I get straight onto the washing, cleaning, tidying the garden… Looking after my nest.

Finances

I check my finances daily. I went through a horrible stage of thinking I was entitled to my every whim and I paid the price in a mass of consumer debt for stuff that didn’t bring me the happiness or satisfaction the advertising man had promised! What astonishes me now is that I would make the same mistake over and over and over and still not learn my lesson. It took years to fight my way back out of the pit of debt. It is a hard slog paying off debt, but it is truly amazing what you can achieve with very little cash as you do it. I might not be completely debt free now, but my head is well above water and I have learned to handle my cash responsibly. And now if I run out of cash I just make do until I get some more!

I am fanatical about business and I truly believe that a business founded soundly on Christian biblical principles can not fail to succeed. This is because any business based on helping others to solve their problems and which is grown organically (i.e. without borrowing to finance growth), has no seeds of failure in it.

Fitness

Once the chores are done I head most days for the gym. If I get there early it is quieter, I am still fresh and awake and I make the most of it. If I have time I can also follow a workout with a relaxing hot tub session.

If I can I also work a walk into the day. This is a good time to meditate, pray and or pray in the spirit. Filling your lungs with oxygen inevitably increases the oxygen to your brain and aids clear thinking and de-stressing. This is a great time to literally walk with the Lord.

Fun

The rest of the day is filled with blogging, writing, speaking, working with others, growing things, people, organisations and businesses.

After school is break-time for me and the kids. A session in the family hot tub is a great time for family communication. Cooking the daily family meal together is another chance to bond. Plus I want to know my boys will all be equipped to feed themselves and their own families when the time comes.

The evening is wind-down time. Light reading. Godly TV. A family film….

Thank you prayers and zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a comment

%d bloggers like this: