"Cast your bread upon the waters, for you will find it after many days. Invest in seven ventures, yes, in eight; you do not know what may come upon the land."
—Ecclesiastes 11:1-2 (NIV)
In addition to saving and spending, we should consider investing a portion of our resources in profitable opportunities. Over time, this can yield many blessings.
The Bible encourages us to make investments; it is a more biblical approach to multiplying our resources than many misguided doctrines suggest. For a complete framework on biblical finances, read the four rules of money.
An investment involves planning to put your resources to work today in order to obtain greater returns in the future. This can significantly impact your financial stability, especially in your retirement years.
Avoid putting all your eggs in one basket. Diversify your investments; do not place all your hopes on a single venture, as you cannot predict which challenges may arise (Ecclesiastes 11:6, NIV). These biblical principles align with the federal guidelines on financial management taught by government financial educators.
Savings and investments are two different aspects of financial management. Therefore, do not invest everything and risk regret when difficulties occur. Learning not to worry about tomorrow is the first step toward confident investing.
Prayer: Lord, multiply my wealth
Thank you, Lord, for Your Word.
I pray that You teach me how to multiply my resources.
Lead me to the right opportunities, and guide me in diversifying my investments. You alone are my source of wisdom.
Thank you, Lord, in Jesus' name.
Amen.
Discover more in our financial breakthrough devotionals.