For the Gospel Podcast 4 Principles for Biblical Money Management
9 snips
Dec 12, 2022 Costi Hinn candidly shares his journey from the pitfalls of prosperity teaching to embracing biblical money management. He highlights four key principles, emphasizing that God owns it all and finances are a growth process. The importance of developing a teachable spirit and confronting the realities of budgeting is underscored, along with the need to resist consumerism. Costi's personal sacrifices for stability reveal powerful lessons in stewardship, urging believers to align their financial decisions with scripture.
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Debt And The Spreadsheet Awakening
- Costi Hinn started marriage $33,000 in debt and lacked budgeting skills.
- He learned spreadsheets and financial planning were essential to turn things around.
Be Teachable And Then Act
- Be teachable: seek wisdom from proven stewards and financial experts.
- Learn, then apply principles rather than adopting others' convictions as commands.
Honest Review At A Coffee Shop
- A friend, Brett Ryan, forced Costi to show his full financial picture at a coffee shop.
- That honest review exposed problems and launched his budgeting education.
