Waat r the 10 MOST important advice given in the Bible abott MONEY Business nnd Investments?

Question

Waat r the 10 MOST important advice given in the Bible abott MONEY Business nnd Investments?

Answer 1

The most valuable advice about money comes out from the Talmud. It says:

Talmud: Baba Mezia 24a . If a Jew finds an object lost by a gentile ("heathen") it does not have to be returned. God will not spare a Jew who "marries his daughter to an old man or takes a wife for his infant son or returns a lost article to a Cuthean."

Answer 2

"Buy low, sell high."

Answer 3

The Bible gives moral and spiritual instruction; it is not a personal finance manual.

It does say that we have to give at least 10% of our income to charity.

Answer 4

Be honest

Don't lie

Don't cheat

Be wise & shrewd

Don't show partiality

Plan ahead

Be generous

Tithe or give your offering according to your income

Remember who is the giver of all good things

Give Him glory for His provisions to you

Answer 5

that moses invests

and jesus saves

Answer 6

In the Old and in the new Testament.

Money in the Bible

1. Proverbs 13:22  "A good man leaves an inheritance to his childrens' children" indicating that God wants us to make a difference, financially, in our family tree.

2. Proverbs 21:20  "In the house of the wise are stores of choice food and oil, but a foolish man devours all he has."  This gives us an idea of how God wants us to save for a rainy day, to set something back for safekeeping.

3. Proverbs 22:7 states that "The rich rule over the poor, And the borrower is servant to the lender."  Really?  The Bible discourages debt?  Does God really want me to pay my debts off and avoid debt?

4. Luke 14:28  "For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it."  Does Jesus really want me to save up and pay for the things I buy?

5. Matt. 6:24  "You cannot serve both God and money".

Buisness in the Bible

What the Bible says about business is a pretty broad topic. The bible mentions some businesses (carpentry, tentmaking, swineherder, etc.) without further comment. It would take time to compile a list of every business mentioned in the Bible.

Proverbs 31 talks about a virtuous woman, and mentions some of her business dealings. Genesis 38 tells about Judah conducting business with someone he thought was a harlot, and Judges 16 mentions that Samson had business dealings with harlots.

In Matthew 21:12 Jesus drove people out of the Temple who were conducting business there. Amos, the prophet, ran two businesses, shepherding and sycamore tree tending.

Several passages talk about how God hates those who cheat at business. Generally they condemn the businessman who measures by two sets of standards, depending on whether he is giving or receiving. See Leviticus 19:36-36, Deuteronomy 25:13-15, Micah 6:10-11, and Proverbs 11:1, 16:11, and 20:10, 23.

Investments in the Bible

Perhaps the best investor the world has ever known was King Solomon. The Queen of Sheba noted that everything his hands touched prospered. So it would seem logical that if you could glean some investment advice from him , you should be able to improve your percentages, too. Fortunately, Solomon talked a great deal about his financial philosophies, as well as many other areas of life.

The Lord told Solomon that He would endow him with riches, honor and wisdom. Over the centuries he has been noted as the wisest man who ever lived. (You can read about Solomon in the books of Ecclesiastes and Proverbs.)

Investment Principle #1: DIVERSIFICATION

Solomon wrote, Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth (Ecclesiates 11:2).

Divide your wealth (investment capital) into several parts and don't risk it all in one place. Diversification is essential regardless of your age, income level, time frame, or personality. As your savings grow, your diversity should grow, too. Diversification does not guarantee success, but it does reduce the risks. Invest in different types of investments: bonds, domestic and foreign stocks, real estate. Mutual funds offer a high degree of diversification within a single fund. Even there, invest in different types of funds: small-, mid-, and large-cap funds, emerging markets, growth and income, etc.

Investment Principle #2: ETHICAL INVESTING

Solomon advised, The conclusion, when all has been heard, is: fear God and keep His commandments, because this applies to every person (Ecclesiastes 12:13).

This is good advice for anyone, but it is essential for Christians. Ask yourself, is what I am about to do going to be pleasing to the Lord? If not, stay away from it - no matter what the potential profit.

There are investments that can yield high rates of return with little or no risk. The difficulty is that they prey off the weaknesses of others. Christians need to consider investing in any company or mutual fund that would be deemed socially unethical. This is difficult to implement, especially with mutual funds since your investment is only a fractional percentage of ownership. A newsletter called The Social Investment Forum tracks mutual fund companies that strive to adhere to Judeo-Christian values on a regular basis. You can also check Sound Mind Investing newsletter. Perhaps a more effective way of showing your disapproval is to boycott the product instead.

Investment Principle #3: GOOD COUNSEL

This is essential to good planning. Without consultation, plans are frustrated, but with many counselors they succeed (Proverbs 15:22). Get good recommendations on investment advisers and financial planners. (Often Christians will not give an honest appraisal of someone's abilities, not wanting to give a bad report about anyone. This is dishonest.) Always use more than one adviser, including your spouse. Tell them to be honest with you as they would want you to be if the roles were reversed.

Answer 7

The most important is

" the love of money is the root of all evil"

For the other nine, read Proverbs, Deuteronomy, and Leviticus.......