BUSI352 discussion 1
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Liberty University *
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Course
352
Subject
Philosophy
Date
Dec 6, 2023
Type
docx
Pages
2
Uploaded by AmbassadorFlower11783
Part 1 - In a paragraph, discuss a passage from Scripture that provides instruction about seeking advice
or counsel from a person other than God or a relative. Include a second passage from Scripture that
provides an example of a person doing this.
Part 2 - In a separate paragraph, summarize the findings of at least two peer-reviewed academic journal
articles on the topic of Biblical financial planning.
An example of a passage that discusses seeking advice can be found in several of the Proverbs. Proverbs
3:13-14. "Blessed is the one who finds wisdom, and the one who gets understanding, for the gain from
her is better than gain from silver and her profit better than gold." Wisdom and understanding can be
obtained by seeking wise counsel or advice. Proverbs 1:5 also says “A wise man will hear, and will
increase learning; and a man of understanding shall attain unto wise counsels:” Additionally, Proverbs
12:15 says “The way of a fool is right in his own eyes: but he that hearkeneth unto counsel is wise.”
When David had sinned against the Lord by having Uriah killed so that he could have Bathsheba as his
own wife, David was confronted by the prophet, Nathan. Nathan used a parable to demonstrate what
David had done was wrong. David, immediately repented and accepted this truth in 2 Samuel 2:13.
"Then David said to Nathan, “I have sinned against the Lord.” (Holy Bible, 2011). David listened to the
counsel of Nathan, therefore gaining understanding of his wrongdoing.
"For Christians, the prospect of setting financial goals that are informed by their faith can seem
daunting" (Cook, 2015).
In reviewing "The New Master Your Money: A Step-by-Step Guide for Gaining
Financial Freedom" by Ron Blue and Jeremy White, David Cook states that there are four basic steps
which include spending time with God, recording the resulting impressions, making the goals
measurable, and then taking action. Faith-based financial plans have the same principles as any financial
plan which would be to control cash flow, establish a budget, avoid common financial mistakes, and
accept accountability for the actual results. Cook also stresses the importance and ethical responsibility
to pay taxes in addition to leaving behind an estate and providing for loved ones, even after death. Lastly,
planned giving is an essential part of Christian financial planning.
"Finance is part of God’s intended structure for the world, and that it should contribute to the promotion
of shalom, that is the universal flourishing of both humankind and the earth." (Steen, VanderVeen,
Voskuil, 2006). As Christians we should practice finance on Earth as if we were practicing finance in
Heaven or the new Earth when Christ returns. The authors state "thinking about finance in the new
heaven and new earth gives us purpose, for we know that what we are doing now can have eternal
significance; the good things that we finance and produce will not be destroyed, but refined and brought
to the eternal city for the glory of God."
It is imperative to seek the services of a financial planner that
has the understanding of God's intentions for finances so that we may live our lives in financial peace
and morality.
References
New International Version Bible. (2011). The NIV Bible. https://www.thenivbible.com Links to an external
site.(Original work published 1978)
Cook, D. (2015). Review of "The New Master Your Money: A Step-by-Step Guide for Gaining and Enjoying
Financial Freedom" by Ron Blue with Jeremy White. Journal of Markets and Morality, 18(1)
https://go.openathens.net/redirector/liberty.edu?url=https://www.proquest.com/scholarly-
journals/review-new-master-your-money-step-guide-gaining/docview/1709294059/se-2Links to an
external site.
Steen, T.P., VanderVeen, S. and Voskuil, J. (2006), "Finance: on earth as it is in heaven?", Managerial
Finance, Vol. 32 No. 10, pp. 802-811. https://doi.org/10.1108/03074350710688297Links to an external
site.
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