The Mustard Seed
November 2010



Economics by The Book
Part 3
Series Index
The richest repository of wisdom on financial matters is found in the much-neglected Old Testament book of Proverbs.  While you will find nuggets of gold scattered throughout the Bible, most of the material for this series comes from Proverbs.  Everyone -- Christian and non-Christian alike -- would do well to learn wisdom in principles of finance from the book of Proverbs.
Thus far we have studied three important principles for financial success:

(1) Diligent work
(2) Saving
(3) Honesty

Financial principle #4:  Avoid "get rich quick" schemes.  These schemes include: 

  • Games of chance -- lotteries and all forms of gambling.  One savvy politician referred to the State lottery as "a tax on fools."

  • "Investments" which promise extremely high rates of return.  A wise investor's proverb: If it seems too good to be true, it is.  Meaning: it's a scam.

  • Pyramid schemes, often called "Multi-Level Marketing" (MLM). 

  • Unsolicited checks you may receive in the mail. Sign that check from an advertiser and then watch surprising new charges appear on your credit card bill.

  • Internet and Email offers from rich widows and orphans in England and Nigeria.

In my work as a pastor, I have worked with people who have been suckered into get-rich-quick schemes like these. In what they believe is an honest pursuit of wealth, some of my friends are now completely broke, deeply in debt, losing their homes, estranged from friends and relatives, in trouble with the IRS, or even in prison.  I am astounded that the lure of greed can cause smart people to trade common sense and all that they have for empty promises.   They prove true what the Apostle Paul wrote 2000 years ago:
Those who want to become rich bring temptation to themselves and are caught in a trap. They want many foolish and harmful things that ruin and destroy people. The love of money causes all kinds of evil. Some people have left the faith, because they wanted to get more money, but they have caused themselves much sorrow. (1 Timothy 6.9-10 NCV)
People who really do "win big" go broke again just as quickly.  They become miserable and in worse condition than they were before, confirming another sad truth: 

Property you gain quickly at the beginning will not be blessed in the end.  (Proverbs 20.21 NIrV)

~~ Pastor Ron
Click here for Part 4.

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Sunday Shuttle

We provide a Sunday morning shuttle from Gallaudet to Christ Lutheran Church of the Deaf in Silver Spring.  Please email Ron.Friedrich@gallaudet.edu for time and place. 

From time to time we post announcements to the Lutheran Student Fellowship by email.  If you would like to be included, please send your email address to Ron.Friedrich@gallaudet.edu
My campus office hours are
Thursday afternoons and Friday mornings
in Ely 118.
Drop in and introduce yourself!!
Pastor Ron Friedrich

[Gallaudet Office of Campus Ministry]