Theology of Money and Prosperity With Josiah Stowe

May 25, 2025

Josiah Stowe, co-founder of Dominion Wealth Strategists, dives into the often contentious relationship between Christians and wealth. He argues against the notion that piety requires poverty, advocating instead for a theology that supports wise financial stewardship. The conversation covers misconceptions about wealth in missions, the need for responsible financial planning, and the moral imperative for Christians to build wealth for future generations. Josiah emphasizes legacy planning and resources as vital for sustaining ministry impact.

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INSIGHT

Biblical Support for Wealth Building

Christian wealth building is a moral good aligned with the cultural mandate in Genesis to take dominion.
Biblical figures like Abraham and Solomon were wealthy and faithful without condemnation.

INSIGHT

Difference from Prosperity Gospel

Prosperity gospel wrongly ties faith to worldly blessing as a transactional system.
True biblical wealth stewardship is about faithful growth, not guaranteed health or wealth.

INSIGHT

Wealth Across Testaments

There is continuity between Old and New Testament teachings on wealth under the same God.
Warnings about riches stress stewardship and the dangers of wealth, not its inherent evil.

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Should Christians reject or embrace wealth and prosperity?

In this episode of The Missions Podcast, Scott talks with Josiah Stowe, co-founder of Dominion Wealth Strategists, on the often-overlooked yet vital subject of money and prosperity theology in the context of missions and ministry. Their conversation explores the tensions missionaries face regarding finances—especially retirement planning, family provision, and legacy—while challenging the assumption that piety must equate to poverty.

Josiah argues that wealth-building can and should align with biblical stewardship and that Christians are called to be faithful stewards who multiply their resources for God’s glory and the good of future generations. Their discussion critiques both the prosperity gospel and the poverty gospel, emphasizing a balanced, exegetically rooted theology of money. Finally, Josiah emphasizes the importance of legacy planning—wills, trusts, insurance, and investments—as essential tools for sustaining ministry impact across generations.

Key Topics Covered

Misconceptions about wealth in missions (piety vs. poverty)
Biblical foundations for wealth building
Distinction between biblical stewardship and prosperity gospel teachings
The moral imperative for Christians to build and steward wealth wisely
The need for long-term financial planning including retirement and legacy

With over 3 billion people in the world who have never heard of Jesus, the global need is tremendous for workers to go into the harvest fields (Matthew 9:37-38). Is God calling you to missions? We'd love to have a conversation with you on how you can use your gifts and talents to advance the Great Commission at home and abroad. Visit abwe.org/SendMe for more information and to take your next step in missions.

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