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Tragic Losses Result from Building on a Weak Foundation...Continued from page 1
Austin Pryor
Sound Mind Investing
1. The goal of work is to use our God-given talents to serve others or fulfill a calling. Indicators of success are peace with God, showing love for others, and contentment in life.
2. Because eternal life is possible, a lifestyle of deferred gratification that is focused on eternal issues is appropriate. This leads to less consumption now and more saving for the future and for giving to Christian ministry. A high level of debt and continuous use of credit is discouraged as an unnatural and enslaving lifestyle.
3. Investing can be geared to slow-but-sure strategies with a long-term time horizon. Economic cycles are prepared for through a strategy of saving and diversification.
4. Because God has a moral purpose for His creation, a law of sowing and reaping prevails. Ethics are based on Biblical wisdom and play an important role in making spending and investing decisions.
Jesus is almost universally regarded as the wisest moral teacher of all time, even by millions who do not consider themselves Christians. After finishing what we call "The Sermon on the Mount," He said, "Everyone who hears these words of mine and does not put them into practice is like a foolish man who built his house on sand. The rain came down, the streams rose, and the winds blew and beat against that house, and it fell with a great crash."
Although our society and government may choose to ignore His words, at the personal and family level we still have the choice of preparing for the inevitable storms of life by following biblical principles. Take a good look around you. Rarely has the truth of the old hymn been so obvious: "On Christ, the solid Rock, I stand. All other ground is sinking sand, all other ground is sinking sand."
© Sound Mind Investing
Published since 1990, Sound Mind Investing is America's best-selling financial newsletter written from a biblical perspective. 
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