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116. Breaking the Stigma: Why Investing Can Be a Spiritual Act of Stewardship
Wisdom’s Table With Rachel Wortman
21 minutes
1 month ago
116. Breaking the Stigma: Why Investing Can Be a Spiritual Act of Stewardship
In this episode of Wisdom's Table, I, Rachel Wortman, dive into the often complex and emotionally charged topic of investing. We explore the multifaceted nature of investing, addressing the excitement, fear, and even guilt that can accompany discussions about wealth-building, especially within a Christian context. Many of us have been taught that accumulating wealth is not spiritual, but I challenge that notion by highlighting biblical principles that encourage us to multiply what we have rather than bury it.
We begin by discussing the concept of "bread and seed" from 2 Corinthians 9:10, emphasizing that God provides for our immediate needs (the bread) while also giving us resources (the seed) to invest for future growth. I stress the importance of discerning what in our hands is meant for today versus what is intended for tomorrow, encouraging listeners to view their finances through a lens of stewardship rather than greed.
Throughout the episode, I share my personal experiences and insights, while also acknowledging that I am not a financial expert. Instead, I aim to provide a spiritual and high-level perspective on investing.
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Skip ahead or share your favorite part with these timestamps
00:00:01 - Welcome to Wisdom's TableIntroduction to the podcast and today's topic on investing.
00:00:36 - The Spiritual Perspective on InvestingDiscussing the biblical view of investing as stewardship rather than greed.
00:01:40 - Understanding Bread and SeedExploring the concept of provision for today (bread) and for tomorrow (seed) from 2 Corinthians 9:10.
00:03:25 - Investing with PurposeThe importance of intentionality in how and where we invest our money.
00:04:27 - Stewardship vs. GamblingClarifying the difference between wise investing and gambling.
00:05:09 - The Importance of DiversificationDiscussing the biblical wisdom of diversifying investments based on risk tolerance.
00:06:44 - The Role of Patience in InvestingEmphasizing the need for patience and caution against greed in investment decisions.
00:09:12 - Defining What Investing MeansBroadening the definition of investing beyond the stock market.
00:10:05 - Six Guardrails for InvestingIntroducing six key principles to guide investment decisions.
00:10:58 - Detach Emotions from MoneyThe necessity of separating emotions from financial decisions.
00:13:56 - Invest What You Can Afford to LoseAdvice on only investing amounts that won't threaten your livelihood.
00:15:21 - Beware of Chasing Quick WinsWarning against the temptation of seeking fast returns.
00:16:41 - Understanding Tax ImplicationsHighlighting the importance of considering taxes in investment projections.
00:17:15 - The Myth of Passive IncomeDebunking the idea that all investments can be truly passive.
00:17:58 - God's Guidance in InvestingEncouraging listeners to seek God's direction in their investment choices.
00:20:25 - Conclusion and InvitationWrapping up the discussion and inviting listeners to join the Kingdom Leaders community for further learning.