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Navigating Finances and Family Dynamics

Money Matters

      

As most of us have experienced in one way or another—families can be hard. Add in money, and any issue your family is having will be amplified. There is no one-answer-fits-all because human emotions are fluid, and relationships can be complicated. Whether navigating financial matters with children, aging parents, or extended family, biblical principles give wisdom. Let’s explore three. 

1. Make Generosity a Priority. In Acts 20:35, Paul led through giving as he explained, “In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’” The Bible mentions giving, possessions, and money more than 2,000 times,* and our wealth is a tool for blessing others and advancing God’s kingdom. Giving as a family—of time, energy, and money—creates an environment of generosity while teaching that everything you have belongs to God.  Passages for family discussions: Proverbs 11:25, 2 Corinthians 9:6–8, Hebrews 13:5

2. Let Your Family Fail with Dignity. It may be tempting to protect loved ones from making mistakes, but not letting them fail may prohibit growth. However, if you walk alongside, extending empathy and helping them pursue discernment and cultivate resiliency, this can create a greater constitution against larger failures in the future. Money adds another layer of complication to an already-complex path of helping. Allowing others to experience failure encourages a trust in God’s sovereign plan. Remember, you are charged with stewardship, and you can provide support which may or may not be financial. Passages for further study: James 1:2–4, Proverbs 24:16, Isaiah 41:10

3. Follow a Biblical Precedent. The Bible warns of the many pitfalls of wealth, but it does not romanticize poverty. It is good to work hard and to cultivate the gifts the Lord has bestowed on us. The overarching theme of biblical warnings about wealth is the need to avoid greed. When we understand that material wealth is not the ultimate measure of success or happiness, we can generate long-lasting financial and spiritual health in our families. Passages for further study: Proverbs 15:27, Ecclesiastes 5:10, Matthew 19:24, Luke 12:1

Practicing faithful stewardship in family dynamics glorifies God. You lead by example as you approach financial decisions with prayer and biblical understanding for wisdom and discernment.

*National Christian Foundation, “10 Principles of Biblical Generosity.”

Watch the video below to learn more about the biblical principles that provide wisdom for families navigating financial matters.


BMSS Wesson Wealth Solutions offers comprehensive financial planning and investment strategies aligned with your values. We specialize in serving business owners, corporate executives, and families stewarding earnings or inherited wealth. Qualifying portfolios may be eligible for a review at no cost. 

Benaiah Gorman BMSS Wesson Logo-Benaiah Gorman, CFP®

BMSS Wesson Wealth Solutions

205-982-5555

[email protected]

 

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