Personal Finance Class

Moral Wealth

Since we know that “Every good gift and every perfect gift is from above, and cometh down from the Father of lights” (James 1:17), we know that wealth like any other gift is a blessing from God. Even though some use their wealth for evil purposes, we know that many use it to bless mankind. People can use their wealth to help others less fortunate. Like everything else in life, you can use wealth for good or for bad. Money is not the root of all evil. The love of money is the root of all evil. You need money to survive and to not be a burden for others. You need money to be able to help people. How you use the wealth God entrusts you with is a personal and serious decision.

Some people might say that it’s not fair that others are more wealthy. But in a free society, all things being equal, a person who works harder, has a better knowledge of his work, and can do a finer job, is destined to a better life. It is not unjust that those who do higher quality work then others are paid more. This is how the free market operates. When there is a free society people strive for something better. The Bible tells us that “If any would not work, neither should he eat” (2 Thess 3:10).This is also practical. A system where some work and others receive money for doing nothing will not last long. Everybody must work in order to have food and thus people are compelled to do their best.

There are moral limitations on how wealth can be acquired. In cases of robbery, bribes, and other such wrong doings, we can agree that such wealth was  procured illegally. On the other hand when someone works hard at his trade and through thrift and ingenuity accumulates wealth, we should acknowledge it as a success story.

 

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