Reputation Issues - Revision history

Wakefien: /* Credit Cards */

2019-02-13T14:51:18Z

‎Credit Cards

Wakefien: /* Finance */

2019-02-13T14:29:00Z

‎Finance

Wakefien: /* Finance */

2019-02-04T17:07:00Z

‎Finance

Wakefien: /* The Case of Tyre */

2019-02-04T16:52:48Z

‎The Case of Tyre

Wakefien at 16:51, 4 February 2019

2019-02-04T16:51:35Z

Wakefien: /* Finance */

2019-02-04T16:46:37Z

‎Finance

Wakefien: /* Introduction */

2019-02-04T16:45:28Z

‎Introduction

Wakefien at 16:45, 4 February 2019

2019-02-04T16:45:00Z

Wakefien: /* Th Case of Tyre */

2019-02-04T16:32:55Z

‎Th Case of Tyre

Wakefien at 15:40, 4 February 2019

2019-02-04T15:40:01Z

← Older revision		Revision as of 14:51, 13 February 2019
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	===Credit Cards===		===Credit Cards===
		+
		+	*Why might someone use a credit card?
		+	**They may want to earn cash back.
		+	**They might not have the money on hand today.
		+
		+	*Why are credit cards so dangerous?
		+	**The interest can become unmanageable.
		+
		+	*Suppose you have a 1000 purchase on a credit card that charges 24% per year or for simplicity 2% per month and the minimum payment is $30. How much do you owe after the first month?
		+	*(10001.02)-30=990
		+	*How much do you owe after the second month?
		+	*(9901.02)-30=979.8
		+	*How much do you owe after the third month?
		+	*(979.81.02)-30=969.40
		+
		+	*After 3 months, how much money have you paid and how much money has been taken off of the amount you owed?
		+	**You paid $90 and you have had $30.60 removed from the original $1000
		+
		+	*How long would it take for you to pay off the $1000 you started with?
		+	**It would take 56 months to pay it off after which you will have paid 1680 for the $1000 product.

	=Conclusion=		=Conclusion=

@@ Line 97: / Line 97: @@
 *So what is the Biblical principle?
 **Christians should be very careful.  We are not required to eliminate all debt, in fact, some debt can be used to our advantage.  For many, owning a home is a good use of debt.  However, we must be careful to never be in the position where we are deeply in debt and cannot get out.  Also, Christians should be very careful with things like credit cards.  Interest rates on a credit card can cripple the Christian and cripple their ministry.
 =Conclusion=

@@ Line 77: / Line 77: @@
 *What parable does Christ present in Matthew 25:14-30?
 **The Parable of the Talents
 *What is the broad message of this parable?
-**God has entrusted us with skills, abilities, possessions, finances, ... and we are expected to use these for Him.
+**God has entrusted us with skills, abilities, possessions, finances, ... and we are expected to use these for Him.  We need to be careful not to overemphasize a modern reading of the word talent as a skill or ability, the direct meaning of this parable is about finances.  We can build a general principle to get to abilities but we cannot lose sight of the finances aspect.
 *What do 1 Corinthians 4:7 and James 1:17 teach?
 **Everything we have comes from God.  Additionally, Romans 14:7-8 states "For none of us lives to himself, and no one dies to himself. For if we live, we live to the Lord; and if we die, we die to the Lord. Therefore, whether we live or die, we are the Lord’s."<ref>NKJV</ref>. In short, everything we have is also God's and so we should be using our resources wisely and for God.  This is the first principal of Christian finance.

@@ Line 35: / Line 35: @@
 ==The Case of Tyre==
-*What relationships is developed in 2 Samuel 5:11, 1 Kings 5:1-12, and 1 Kings 9:11-14?
+*What relationship is developed in 2 Samuel 5:11, 1 Kings 5:1-12, and 1 Kings 9:11-14?
 **Tyre was part of contrasting David's palace
 **Tyre was part of the construction of the temple

@@ Line 18: / Line 18: @@
-*If you had to define the work "name," what would you write?
+*If you had to define the word "name," what would you write?
 **The dictionary definition of name is "a word or phrase that constitutes the distinctive designation of a person or thing" <ref>Inc Merriam-Webster, Merriam-Webster’s Collegiate Dictionary. (Springfield, MA: Merriam-Webster, Inc., 2003).</ref>. However, this misses so much of what a name actually entails.  The greek word for name is οναμα and this word carries a much greater idea.  <blockquote>the proper name of a person or object (Mt 10:2); 2. LN 9.19 person, figurative extension of above (Ac 1:15; Mk 16:17 v.r.); 3. LN 33.265 reputation, what is said about a person (Rev 3:1); 4. LN 58.22 category, being of a certain type (Mt 10:41; Mk 9:41); 5. LN 53.62 ὀνομάζω τὸ ὄνομα κυρίου (onomazō to onoma kyriou), say that one belongs to the Lord (Ac 19:13; 2Ti 2:19+); 6. LN 33.210 βαστάζω ὄνομα (bastazō onoma), inform (Ac 9:15+); 7. LN 33.396 ἐκβάλλω τὸ ὄνομα (ekballō to onoma), slander (Lk 6:22+); 8. LN 33.128 ἐπιτίθημι ὄνομα (epitithēmi onoma), give a name to (Mk 3:16, 17+); 9. LN 11.28 ἐπικαλέομαι τὸ ὄνομά τινος ἐπί τινα (epikaleomai to onoma tinos epi tina), be people of (Ac 9:14; 15:17) <ref>James Swanson, Dictionary of Biblical Languages with Semantic Domains: Greek (New Testament) (Oak Harbor: Logos Research Systems, Inc., 1997).</ref></blockquote> TDNT further states that "There was and is a world-wide belief that the name of an object, man, or higher being is more than a mere label incidentally associated with the one who bears it.  The name is an indispensable part of the personality.  One might say that a man is constituted of body, soul, and name."<ref>5.242</ref> The simple fact of the matter is, our name or our reparation should be very important to us.  Not more important than our God, but very important.
@@ Line 87: / Line 87: @@
 *So what is the Biblical principle?
 **Christians should be very careful.  We are not required to eliminate all debt, in fact, some debt can be used to our advantage.  For many, owning a home is a good use of debt.  However, we must be careful to never be in the position where we are deeply in debt and cannot get out.  Also, Christians should be very careful with things like credit cards.  Interest rates on a credit card can cripple the Christian and cripple their ministry.
 =References=

@@ Line 16: / Line 16: @@
 **Contracts to rent a house
 **Treaties made between nations.
 =Contracts=
@@ Line 83: / Line 93: @@
 *So what is the Biblical principle?
 **Christians should be very careful.  We are not required to eliminate all debt, in fact, some debt can be used to our advantage.  For many, owning a home is a good use of debt.  However, we must be careful to never be in the position where we are deeply in debt and cannot get out.  Also, Christians should be very careful with things like credit cards.  Interest rates on a credit card can cripple the Christian and cripple their ministry.

@@ Line 2: / Line 2: @@
 *Teens will understand that high importance that God places on their word and obligations.
 *Teens will understand what Godly financial decisions look like.
 =Introduction=