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The Richest Man in Babylon. How did Arkad do it? Determination Clear Plan 10% reserved for yourself Control Expenditures Increase your ability to earn Make dwelling valuable. Grow To The Goal (Insure Future Income). Adequate protection of current possessions
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The Richest Man in Babylon • How did Arkad do it? • Determination • Clear Plan • 10% reserved for yourself • Control Expenditures • Increase your ability to earn • Make dwelling valuable
Grow To The Goal (Insure Future Income) • Adequate protection of current possessions • Insurance against calamities • Congregational Problems (elders, Bible knowledge, love each other, respect authority) • Caution in investments (Prov. 15:27) • Don’t follow uninformed advisors • Avoid deceivers • Secure experienced and trustworthy aids
Work is our Friend • Men of action are favored by good luck • Work is a good thing (Adam kept the garden before sin entered the world) • God prospered Joseph (Gen. 39:1-6) • Opportunity seen and taken (Prov. 13:11) • Wisdom is valued above gold (Prov. 16:16) • work smart as well as hard • rich quick schemes blind men (Prov. 20:21)
Camel Trader Illustration • Overwhelmed by debt (he became a thief, was caught, and became a slave) • Soul of a Slave? (Prov. 22:7) • slave to desires, slave to debts • debts rule, ruin reputation, run you out of town • Soul of a Freeman? • Debtors are friends: Gal. 4:16 • Debts are your responsibility: Rom. 13:7-10 • 10% saved, 20% repaid, 70% lived on (Prov. 3:27-28)
1 Timothy 6 • Godliness is the greatest gain 6 • Wealth is temporal 7-8 • Those seeking wealth 9-10 • Men of God seek heaven 11-12 • Wealth is a tool to be used 17-19 • Pursue eternal life with the same degree of determination some men use to chase after this world’s wealth