Daily Devotional

"For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many a grief." - 1Timothy 6:10

MYTHS ABOUT MONEY

Let’s clear up some of the major myths concerning money.

  • Myth #1: “Money means nothing to me.” Well, if money means nothing to you, sell all that you have and give it to the poor, to which you might respond, “That wouldn’t be very wise. How would we eat and pay our bills?” So, obviously, money means something to you – to all of us. In that regard, to say that money means nothing to you, is simply an untrue statement and you are either lying or in denial.
  • Myth #2: “Money is the key to happiness.” Now, rarely will a person actually make a statement like that. Most people know that isn’t true. But in the heart of hearts of many, there is the mentality that, “If I can I just focus on how to make more money, I can buy the things that make me happy.” That’s really what the philosophy is all about. Yet, here is the irony—the more affluent the culture, it’s uncanny how much more often unhappiness is the result.
  • Myth #3: “Money is the root of all evil.” Very often this come from Christians who think they are making a very biblical and spiritual statement and even credit the Bible as the source. WRONG! That is not what the Bible says. Today’s Scripture is the source of the TRUTH about money.

For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many a grief.

So, it is the love of money that is the root of all sorts of evil and tends to cause the follower of Christ to compromise Biblical values in order to have the desire for money satisfied. Many wander away from their relationship with Christ because of their love of money. Money, in and of itself, is neither good nor bad. It is what we do with money that makes the difference. When used correctly, money can be a wonderful tool that God can use in a way that is pleasing to Him and helpful to others.

Tomorrow, we look at one more myth about money – and it’s a doozy!

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