members, click to sign in..


3,625 active users!!Bandwidth
WEDNESDAY
OCT 22, 2014
Home
NewsSITE
Events & Blogs
New Audio & Video
Broadcasters
Local Church Finder
Live Webcasts
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -2 hrs
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
Stores
Online Bible
Hymnal
Daily Reading
Our Services
Submit Sermon
Members Only

Mobile Apps | Info
Enjoy sermons from this broadcaster
on a variety of mobile devices.
MyChurch: westminsterpres
Church Apps | Info
Creating your own Church App is
as simple as turning ON the option.
 | Muncie, Indiana
More + Podcast + Codes
Sermon Browser Info | Demo
Newest Widget | Demo
Our Picks | Info | Demo
Latest Blog | Info | Demo
Single Sermon | Info
To embed a single sermon,
use the "Email & Share" button.
Our Blog
Older
Newer
Blog
Post+
Search
  
Filter By

Let's Put US Debt in Layman's Terms
MONDAY, AUGUST 15, 2011
Posted by: Westminster Presbyterian Church | more..
1,650+ views | 110+ clicks
Someone recently sent me a quote from Dave Ramsey that I want to gift you with today. Dave’s “Financial Peace University” has been viewed by hundreds of thousands with some profoundly positive consequences in the lives of ordinary people who had become enslaved to debt and a cycle of fiscal irresponsibility. Now, in light of the recent Congressional wrestling match over the issue of raising the Federal debt ceiling, he put things in a way that us mere mortals without advanced degrees in economics can readily grasp. "The federal government will take in $2.173 trillion in 2011. That’s their income, and it sounds pretty good. Until, that is, you factor in that the federal government will spend $3.818 trillion during the year. So, just like many families, the government’s outgo exceeds their income—to the tune of $1.645 trillion in overspending. That’s called the deficit. Altogether, the government has $14.2 trillion in debt. What would happen if John Q. Public and his wife called my show with these kinds of numbers? Here’s how their financial situation would stack up: If their household income was $55,000 per year, they’d actually be spending $96,500—$41,500 more than they made! That means they’re spending 175% of their annual income! So, in 2011 they’d add $41,500 of debt to their current credit card debt of $366,000!” These are the actual proportions of the federal budget & debt, reduced to a level that we can understand.

My purpose here is not to jump into the politics of this national fiasco created over time, but to urge believers to jump out of the immoral greed that drives purchases beyond what God enables us to afford simply because we want what we want when we want it and plunking down that Visa, MasterCard or AMEX piece of plastic will provide the instant gratification we so desperately crave. My wife and I have downsized considerably in the last few years. Our new motto is “simplify” (not to be confused with the Marine Corps motto). We lack for nothing and want nothing which is a good place to be but what’s really a joy is to be able to give more to the work of the Kingdom. As Dave Ramsey will repeatedly say, “There is freedom in being debt free” and the opposite is also true. The borrower becomes the lender’s slave and that means the one who owes is in a financial bondage. If someone responds by saying, “Hey, everybody else pays on time” or “Everybody else runs up their credit cards!” then just remember where all of that has gotten a whole lot of people – upside down on loans, foreclosures because it was too much house for their paycheck to begin with, fear, frustration, anxiety, sense of hopelessness, and the list goes on. Matthew 6:33 is still in the Bible and as valid for 21st century Christians as it was for 1st Century believers, “Seek first the Kingdom of God and His righteousness, and all these things shall be added to you.” In context, the “all these things” are the necessities of life – not the “other stuff” that the advertising industry repeatedly attempts to get you to purchase because “you’ve got to have this gidget or that gadget to live happily ever after.” It’s not true and I can prove it to you by the truckloads (literally) of stuff I have hauled to the Salvation Army, Goodwill, Muncie Mission, etc. over the past ten years or so and nothing I kept will pass into eternity with me. In the midst of these financially uncertain days, may the Lord give you strength and courage to pursue financial freedom for your own well-being, as an example to our President and Congress who don’t know the meaning of “restraint,” and most especially for the glory of God and freedom to promote in more expansive ways the gospel around the world.

Gary R. Cox Gary R. Cox

Web Link:  CLICK TO FOLLOW EXTERNAL LINK
Category:  From Dr. Gary R. Cox

post new | clone this | rss feed | blog top »
Text feature this blog entry
Our Blog
Older
Newer
Top


Eli - A Tragic Father
E. A. Johnston
Mistakes Of Modern Evangelism

Tuesday, July 30, 2013
Teaching
Ambassadors For Christ Intl-US
Play! | MP3 | RSS

Forsaken
Scott T. Brown

Phil Layton
Jesus's Glory the Point of All

Creation Apologetics
Gold Country Baptist...
Play! | MP3

Evangelist Ed Lacy
The Life that Glorifies God 2

Ed Lacy Ministries
Teaching
Play! | MP3

Evangelist Ed Lacy
The Life that Glorifies God 1

Ed Lacy Ministries
Teaching
Play! | MP3

Pastor Ralph Ovadal
Rising Protestant Magisterium

Pilgrims Covenant Church
Sunday - AM
Play! | MP3

Kevin Swanson
The Vatican and Homosexuals

Who Will Stand for Truth?
Generations Radio
Play! | MP3

Blog 9/20/14
Protestant Gender Hypocrisy

Grace Community International
dear prayer warr­iors, a friend who as an educ­at­or...

Sponsor:
Westminster Assembly's Grand Debate

Prepub 19.95 +s/h. Papers on Congr­eg­at­ion­al­ism/ Presbyt­er­ian­ism. 12/14 Napht­ali Press
www.naphtali.com/news

Event:
G3 Conference 2015
Pray's Mill Baptist Church






                   
The greatest wisdom on this earth is holiness. ... W. S. Plumer

City: Las Vegas, NV
Gospel of John
Cities | Local | Personal
MOBILE
iPhone + iPad
Church App
Android
Church App
Kindle + Nook
BlackBerry
Windows Mobile, Nokia
Chromecast TV
ROKU TV
Pebble Smartwatch
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
Site Notices
RSS | Twitter | Facebook
SERVICES | ALL
Local Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcasting
Video Support
Live Webcasting
Transcription Service
HIFI Option
Business Cards
SOLO | MINI | Domains
Favorites
QR Codes
24x7 Radio Stream
INTEGRATION
Sermon Browser
HTML Codes
WordPress
Twitter
Facebook
Logos | e-Sword
SOAP API

BATCH
Transfer Agent
Protected Podcasts
Upload via Email
Auto-Upload Sermons
Auto-Blog Import
Picasa | FTP | Dropbox
ABOUT US
SermonAudio.com is the largest library of audio sermons from conservative churches and ministries worldwide. All broadcasters must adhere to the Articles of Faith.

Our Services | Testimonials
Broadcast With Us!
Support Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Copyright © 2014 SermonAudio.com.