0:02 These biblical principles made me a
0:03 millionaire in my 20s, and they work
0:06 [music] just as well today as they did
0:08 2,000 years ago. Now, as you probably
0:10 know, the Bible has a lot to say about
0:12 money with thousands of different verses
0:13 touching on it. But in this video, I
0:14 really want to focus on what the Bible
0:17 says about how to earn more money, how
0:19 to build generational wealth, and some
0:20 things that really broke some limiting
0:23 beliefs for me of this thing that not
0:25 having money made you more godly of a
0:27 person. And, you know, having money made
0:29 you a bad evil person. To start off with
0:31 one of the most straightforward verses,
0:33 it says, "But if anyone does not provide
0:36 for his relatives and especially the
0:38 members of his household, he has denied
0:40 the faith and it's worse than an
0:43 unbeliever." The Bible has so many
0:45 verses about not being lazy, about
0:48 working hard, about doing everything
0:50 that we do as if we're doing it unto
0:52 God. And this verse especially is
0:54 talking about actually providing for
0:56 your household. And that means earning
0:58 money, not only enough for yourself, but
1:00 also enough to take care of your
1:01 relatives. In the context, it was
1:03 talking specifically about widows. So
1:05 maybe like your mother or mother-in-law
1:06 if they became wid, whatever. But this
1:08 is not like just barely scraping by.
1:10 This is enough to support yourself and
1:12 other people. It also says in
1:15 Deuteronomy 8:18, he who gives you power
1:17 to get wealth. If we look at Proverbs
1:20 12:22, it says, "A good man leaves an
1:23 inheritance to his children's children."
1:25 [music] leaves generational wealth. Not
1:28 only the the legacy of what you do for
1:30 those children, but also financially.
1:32 This word inheritance is actual physical
1:34 money. So, it is not bad to have money.
1:36 It can be bad to have money of, you
1:37 know, creating it as an idol. You just
1:39 like sacrifice your family and
1:40 everything else in order to get more
1:42 money. Like, obviously, that's not good.
1:43 But, I just want to like start off the
1:45 whole thing with just saying like making
1:47 the best use of your time and trying to
1:50 earn as much money as you can with the
1:51 time that you have. Just being smart
1:53 with your time is something that a lot
1:55 of us are called [music] to do. It's not
1:56 everybody's calling, but for me
1:58 especially, a lot of these are things
1:59 that have helped me. And I feel [music]
2:01 like from what I'm about to talk about
2:04 here, my main goal is to spend as little
2:06 amount of time to make as much money as
2:07 possible because that is the most
2:09 efficient use of my time so that I can
2:11 have more time to do other things, spend
2:12 time with my family, volunteer at my
2:14 church, whatever. And so I want to earn
2:15 as much money as possible so that I can
2:17 have enough money to help other people,
2:19 to help my family, to free up my time to
2:20 do more important and [music] impactful
2:22 things. So baseline here, we are going
2:24 for generational wealth. And and one
2:25 other thing here is uh we're actually
2:27 not going for early retirement. I used
2:29 to be really pro the fire movement,
2:31 early retirement, and I I've now changed
2:32 on that [music] because of what we're
2:33 going to talk about next. And that is
2:35 that work is a gift. If you look at Adam
2:37 and Eve in the garden right at the
2:39 beginning, they were given work. So
2:40 work, I believe, is not a bad thing.
2:42 It's not something I'm ever trying to
2:43 escape. I'm just trying to be efficient
2:45 with it. So, let's go into the parable
2:47 of the talents. This is something that I
2:49 preached a sermon on and I [music]
2:51 really dove into this and it literally
2:52 transformed my life and how I think
2:54 about a lot of things. So, first off,
2:57 this master had a couple of servants. He
2:58 entrusted these servants with his money.
3:00 One of them he gave one talent, another
3:02 three, another five, [music] and then he
3:04 left. And he wanted those people to be
3:06 good stewards of his money to bring a
3:08 return. And when you talk about talents
3:10 in the Bible, it is talking about
3:11 physical money. It's talking about about
3:14 600 daenerius which is like 20 years
3:16 worth of wages. So one of them he gave
3:18 20 years worth of wages. Another one
3:20 about a hundred years worth of wages. So
3:22 that might be like 500,000 to a million
3:25 and then for the one with five like $2.5
3:28 million to $5 million if you work an
3:30 entire lifetime. Those are kind of the
3:31 ranges that you're going to get in. And
3:33 this really made me think at the end of
3:35 our lives, the average person, if you
3:37 earn, you know, 50 to $100,000 a year,
3:39 you're going to earn between two and
3:41 four million throughout the course of
3:42 your life. That is how much you will
3:44 earn. What do you have to show for it?
3:46 Did you just waste all of that money on
3:49 crap? Or did you, you know, have a good
3:50 return? Were you just a consumer? You
3:52 just bought clothes and a nicer house
3:54 and a nicer car and lavish vacations.
3:55 You have all this stuff and you were
3:58 entrusted with two $4 million and you
4:00 have nothing to show for it at the end
4:01 of your life. Is that what happened with
4:03 your money? If we look at these
4:04 servants, the one who had nothing to
4:06 show for it afterwards, who took that
4:07 money and didn't have any type of
4:09 return, didn't do anything with it, he
4:11 was called a wicked and lazy servant.
4:13 Pretty bad context. Like it was not
4:14 great for that guy. But this is actually
4:16 the first time we hear well done, good
4:18 and faithful servant, which is I think
4:20 what we all, you know, want to strive
4:22 for, right? And what did those people do
4:23 who who were told that? Well, they took
4:26 their money and they invested it. They
4:28 actively invested their money. They
4:30 doubled it. And now some people are
4:32 going to be given not a lot of money,
4:33 right? Maybe you don't have the genetic
4:35 makeup, the opportunities to earn a lot
4:37 of money. But that doesn't mean you just
4:38 give up and don't do anything. And some
4:40 people are blessed with the ability to
4:42 earn tons of money. But you also have
4:44 that responsibility. No matter where you
4:46 are on this scale, they were all judged
4:48 on what they did with the skills, the
4:49 talent, the time that had been given
4:51 them, not the amount of money that had
4:52 been given them. So if you don't have a
4:54 lot of money, you still need to be wise
4:56 with that money. If you have a lot of
4:57 money, you still need to be wise with
4:59 that money. And we'll get into how to
5:01 actually earn more in a second here. But
5:03 one thing that they did was they went
5:04 and traded with the money. So if the
5:06 person with three talents got three
5:08 more, the person with five got five
5:09 more, and you might be like, well, like
5:11 they doubled their money, right? That's
5:12 really hard to do. Well, if you look at
5:15 the average of the S&P 500 over the past
5:18 100 years, if you just invested in the
5:21 most basic index fund possible and left
5:23 your money, didn't touch it for 7 years,
5:25 7.2, 2. I think you would have doubled
5:26 your money without doing anything. The
5:28 most simple thing humanly possible. If
5:29 you invest into yourself, if you read
5:31 some books, if you work on leveling up
5:34 your skills, if you do other things, you
5:36 can double your money a lot faster than
5:38 that. But all of those things involve
5:40 risk. All of those things involve
5:42 actively doing something with your
5:43 money. Not just taking it and shoving it
5:45 under the mattress, but actually trying
5:48 to earn a return on your money because
5:50 that is just a smart thing to do. and
5:51 not trying to do any get-rich quick
5:53 things, but just having your money earn
5:54 interest. Real quick, a couple
5:56 actionable ways to do this. One, if you
5:58 don't know how to invest yet or you
5:59 don't want to invest yet, at least put
6:01 your money in a high interest savings
6:02 account instead of earning literally
6:04 nothing on your money. You can earn a
6:05 few percent at least, whatever the
6:06 interest rates are. I'll leave a link to
6:08 some of the top ones who have different
6:10 offers right now or invest that money.
6:12 Just put it in the most basic of index
6:13 funds. That's what I do personally. You
6:14 can do whatever you want, but if you
6:16 don't have an investing account set up,
6:17 I'll also leave a link uh for some of
6:19 the best ones right now. Those are just
6:21 some really easy, quick ways to at least
6:23 start doing something with your money,
6:24 having your money earn more money. But
6:26 one thing this story really made me
6:28 think about is, am I living up to my
6:30 potential? And I know personally for me,
6:32 I have not. I have not done everything I
6:33 could to the best of my abilities. And
6:35 that's okay. Nobody's going to be
6:37 perfect, but it is something we should
6:39 strive for to do the best with what
6:40 we've been given, the time we've been
6:42 given, the money we've been given, the
6:43 brain we've been given. And so I asked
6:44 myself like, have I lived up to my
6:47 potential? Have you taken risks? Have
6:49 you done the best with the time that
6:50 you've been given? Do you feel like you
6:52 have grown your knowledge? You can take
6:55 educational risks in order to earn more
6:56 money or have your money make money.
6:58 When I asked those questions originally,
7:00 I said no to almost all all of them.
7:02 I've taken the easy road a lot of times.
7:05 I've just wasted time on my phone or
7:07 watching TV or video games instead of
7:09 making good use of the the time. The
7:10 Bible says to redeem the time because
7:12 the days are evil. And I think naturally
7:15 most of us just do bad stuff with our
7:17 time. we literally just burn our lives
7:19 staring at a screen or just wasting it.
7:21 I've also been selfish at times with my
7:23 money and not been as generous as I
7:25 should be. Another one that was big was
7:27 I haven't always done the best I can
7:29 with the time I have to increase my
7:30 skills so I can earn more money. And I
7:32 know there's a lot of other stuff in the
7:33 Bible that I'm not touching on, but like
7:36 if you have that opportunity to earn
7:38 $100 with your time, if you studied for
7:40 an extra 20, $50, 100 hours on the
7:42 nights a week and right now you earn $50
7:44 an hour. You could double your income by
7:46 simply dedicating nights for like 6
7:49 months or 3 months to do that. And now
7:51 you can double your income and you can
7:53 help take care of other people and you
7:54 can provide for your family. You can
7:56 lower their stress. You can be generous
7:58 to people who are in need. You can do a
7:59 lot of better things, right? You can
8:01 enjoy your life a lot more. If you can
8:03 do all of that, you should. Again, this
8:04 isn't for everybody, but for me, I
8:07 always feel like I should be making good
8:09 use of my time, redeeming those days to
8:11 better my skills so I can earn more
8:13 money, so I can help more people. That's
8:14 one of the things uh that I'm good at is
8:16 is earning money, I guess. Real quick,
8:18 if this video gets 10,000 likes, we will
8:20 continue this biblical series. The last
8:22 one hit 10,000 likes. And thank you to
8:24 everybody who has helped the last couple
8:26 videos, hit that. Really helps this
8:27 video and this channel go out and reach
8:29 more people and hopefully improve their
8:31 finances. So drop a like if you want the
8:33 series to continue. So how do we
8:35 actually earn more money? Well, luckily
8:36 the Bible has a lot to say about that.
8:39 Step number one is to not be lazy. The
8:40 Bible has a lot of verses talking about
8:43 not being lazy. From look to the ant to
8:46 lazy hands make for poverty, but
8:49 diligent hands bring wealth. Proverbs
8:51 also says, "Do you see someone skilled
8:53 in their work? They will serve before
8:55 king." So we're seeing that if you are
8:57 lazy, you will be poor. That is going to
9:00 happen. If you are diligent and you work
9:02 hard and you gain skills, high value
9:04 skills, and we're talking about not
9:06 like, oh yeah, like, oh, that guy works
9:07 hard, you know, he's all right. He's,
9:08 you know, he's whatever. I'm talking
9:10 about like, can you get to the top 5%,
9:12 the top 1% of whatever the heck it is
9:15 that you do. I'm trying to be one of the
9:17 best YouTubers that I can be, one of the
9:19 best real estate investors that I can
9:21 be, one of the best fathers that I can
9:22 be. Like, I'm trying to be the best that
9:25 I can with what I've been given. And the
9:27 better you are at those skills, the more
9:29 money that you will earn. You don't work
9:32 before kings if you suck at what you do.
9:33 You work before kings if you are one of
9:35 the best and therefore you will be
9:37 rewarded for that. So we should not be
9:39 lazy. We should be working hard to gain
9:41 skills that will make us more money.
9:43 Next up, we should be investing. Like we
9:45 talked about those people took their
9:47 money and it says that they earn more
9:48 money with that money. They didn't go
9:49 out and earn more money, but they
9:52 actually had their money making money.
9:54 Now, the Bible also tells us how to
9:56 invest. In Ecclesiastes, it says invest
9:58 in seven ventures. Yes, in eight. So,
10:01 it's talking about investing in seven or
10:03 eight different asset classes. This is
10:04 still probably what any financial
10:06 adviser would tell you today. None of
10:08 this is like crazy stuff. It's what
10:10 everybody tries to do. And the reason
10:12 for that is if you're only invested in
10:14 real estate. So, like when I started, I
10:16 was only invested in real estate. And
10:17 then I got more real estate. Then I got
10:19 more real estate. And then I was like,
10:20 man, if anything happens with real
10:22 estate, that's where all of my money is.
10:24 And so then I started investing into
10:26 other things, uh, crypto. And then I was
10:27 like, okay, well, now I'm only in these
10:29 two. And then I started investing into
10:30 stocks and like now I'm more spread out.
10:32 And so ideally, you would want to be
10:35 diversified in different asset classes
10:37 that are not super attached to each
10:39 other. So maybe 10 15% in real estate,
10:43 10 15% in your own business, 10 15% in
10:45 silver and gold and different stocks.
10:47 And even with stocks, if you just buy
10:49 one company, that company could totally
10:50 go down. But if you buy something like
10:54 the S&P 500, you're diversified across a
10:56 lot of different uh asset classes.
10:58 You're buying a little chunk of 500
11:00 different companies. But even that, the
11:02 stock market could go down. I'm not like
11:03 some financial adviser. Do whatever the
11:05 heck you want. I'm just some guy on the
11:06 internet. But this is something that I
11:08 try to do is not be overly focused on
11:11 just one area, but be diversified so
11:13 that when things go bad, which they're
11:14 always going to, you're able to have
11:16 some things are going to still do well,
11:17 some things will do bad. You can just
11:18 ride those ones out and take advantage
11:20 of the ones that are doing well and kind
11:22 of do that. So if you're all invested in
11:24 just one thing, consider diversifying
11:26 more. Now, we should also have active
11:28 thinking. In Proverbs, it says, "The
11:30 simple believe everything, but the
11:32 prudent gives thoughts to his steps."
11:34 This can apply to a lot of things. We'll
11:36 talk about how it applies to investing
11:38 in a second. But like you need to know
11:41 what is going on with your finances. And
11:43 there's a really good way to do that
11:44 that I'm actually personally involved
11:47 with and that is Wisefi, which is a free
11:49 budgeting app that I actually invested
11:51 into. I know a lot of the people
11:52 involved with this are actually
11:53 Christians, which is super cool. And
11:55 they're also sponsoring this video. And
11:57 they have created a free budgeting app
11:59 so that you can see all of your
12:01 expenses, everything in one place. It's
12:03 actually incredibly good and it's free.
12:04 And this is one the way that we can give
12:06 thought to our steps. If you look at our
12:08 steps, it means that like, hey, I want
12:10 to pay off all of my debt so that I'm
12:13 not a slave to the lender. Well, how do
12:15 you do that? Well, Wisey actually has
12:16 some really cool tools where like you
12:18 can see if I invest an extra $300 a
12:21 month here, then I'll be out of debt,
12:23 you know, x amount of months sooner. Or
12:25 if I invest $300 extra a month, I'll be
12:27 able to reach my financial goals of
12:29 whatever those are of having enough to
12:31 do whatever in x amount of months
12:33 sooner. Right? So, you're actually able
12:34 to give thought and measure your steps
12:36 as you're doing this through tools like
12:38 Wisefire or whatever budgeting system
12:40 you use. But, this is a really cool
12:42 completely free way that you can see all
12:44 of your expenses in one place, link up
12:46 all your accounts, autocategorize
12:48 everything, see how your spending is
12:50 actually going to impact your future, so
12:52 you can adjust and do the best you can
12:54 with the finances that you have been
12:56 given and be able to give an account of
12:57 of where they all went. If you guys do
12:59 want to check out Wise, there's a link
13:01 down below. It is totally free. I would
13:02 highly recommend it. It's the one that I
13:04 use personally. Like I said, I'm also
13:06 invested into it and involved a little
13:07 bit behind the scenes. We're going to
13:08 keep making it better and better until
13:10 it is the absolute best app out there
13:12 for managing your finances and also
13:13 free. So, super cool and again, thank
13:15 you to them for sponsoring this video.
13:18 But the other way that we can use this
13:20 principle is to actually measure our
13:22 steps when it comes to investing. So,
13:24 I'm a big fan of not really investing
13:26 into things that you do not understand.
13:28 If you look at things like 2008 where
13:30 people were way overleveraged or a lot
13:31 of times you hear horror stories about
13:34 investing. It's because everybody's
13:36 getting greedy. They're seeing like all
13:37 things going up. I'm just going to
13:38 leverage to the max. Buy all this stuff.
13:39 I don't really know why the heck I'm
13:41 doing but like everybody's getting rich
13:42 doing this and then eventually it pops
13:44 and people ruin their lives.
13:46 >> Who do you hold responsible for that
13:49 >> mass uh illusion that it could go on forever?
13:49 forever?
13:53 >> And so one way to avoid that is to again
13:55 be diligent with our time and study
13:56 money. you're in the right place
13:58 watching, you know, a video like this. I
14:00 have a bunch of videos on money, but
14:01 also there's tons of amazing books. I
14:02 think of the simple path to wealth,
14:04 which is just like literally an entire
14:05 book about pretty much just buy index
14:07 funds and then don't do anything. But if
14:08 you want to actually understand what
14:10 you're doing, buy some books on
14:11 investing in real estate, buy some books
14:14 on investing uh in the stock market, buy
14:16 some books on starting your own
14:18 business, whatever it is, so that you
14:20 can understand and you can actually uh
14:22 make measured steps. And I personally
14:24 never invest into things that I do not
14:25 actually understand. And so I'm going to
14:27 take the time beforehand to understand
14:28 them before I ever put my money in
14:30 there. And so far, every time I've done
14:32 that, I haven't lost money and I've
14:33 actually done well. And every time I've
14:35 just been like being greedy, trying to
14:37 invest in things and and taking shots,
14:39 uh, day trading things that I don't
14:40 really understand. I've lost money
14:42 pretty much every single time. Like it's
14:43 close to gambling if you're just like
14:45 listening to stock picks and picking
14:46 random stuff like you're probably going
14:48 to lose money as opposed to some of the
14:50 more basic, straightforward, safer, more
14:52 mathematical ways to invest. So what is
14:54 the point of all this work and the money
14:56 that we are having? How can we make the
14:57 best use of that? Again, I don't think
15:00 it's retirement because work is a gift
15:01 from God technically. I could have
15:03 retired a couple years ago actually and
15:04 pretty much been done working. I still
15:06 work a decent amount because it is a
15:07 gift and especially like something
15:10 creative like YouTube for me is what I
15:11 feel called to do. It's what I'm skilled
15:13 at. So what should we do with our money?
15:15 Well, Ecclesiastes says, "I know there
15:17 is nothing better for people than to be
15:20 happy and to do good while they live.
15:22 that each of them may eat and drink and
15:24 find satisfaction in their toil. This is
15:26 the gift from God. Enjoying your life,
15:28 having satisfaction in your work, which
15:30 generally happens when you are actually
15:32 doing what you feel called to do. For
15:33 me, again, this was starting my own
15:34 business, getting out of working for
15:36 other people at things that I felt
15:37 didn't make an impact to creating
15:39 something that actually makes an impact
15:40 in a lot of people's lives. At least
15:42 that's my goal. And then enjoying. It's
15:44 not being starving and never having fun.
15:46 It's eating and drinking and enjoying
15:47 the fruits of your labor. In Timothy, it
15:50 says, "God richly provides us with
15:52 everything for our enjoyment." It's not
15:54 wrong to enjoy the fruits of your labor,
15:56 but going, I think, beyond this is
15:58 generosity. In Proverbs, it says, "One
16:01 gives freely yet grows all the richer.
16:03 Others withhold what he should give and
16:06 only suffers want. Whoever brings
16:08 blessing will be enriched, and the one
16:11 who waters will himself be watered." I
16:12 love this idea of like if you're
16:14 watering somebody else and helping them
16:16 grow, it's going to help you grow. And
16:17 I've talked about this before, but
16:19 there's been studies about when people
16:21 donate money, let's say you donate a
16:23 dollar, your net worth on average will
16:26 go up by like a $160 for every dollar
16:27 that you donate. Because when you are
16:29 giving to people, you're focused on
16:31 helping people and making an impact on
16:32 changing other people's lives. It'll
16:34 change your mindset. It'll change how
16:36 you work. When you're not just selfishly
16:37 working for yourself and just so that
16:38 you can buy a nicer car or whatever, but
16:40 you're like feeling this responsibility
16:42 to help other people with your time and
16:43 and all that. Not only like
16:45 scientifically is it just going to help
16:48 you out, but also it gives you the most
16:51 amount of joy just from a completely
16:52 selfish standpoint when you help
16:54 somebody and they have no idea that you
16:56 helped them. And you do that because you
16:58 know that you've been so blessed to just
17:00 like have shoes on your feet in a house
17:02 over your head, whether it's blessing
17:03 people with your time or your money,
17:05 both of which you can free up by earning
17:08 more money with less time, then you will
17:10 be watered. You will feel selfishly
17:12 great by being able to help people
17:14 without them knowing or even with them
17:15 knowing. Although personally, I find
17:17 that much less satisfactory. But that
17:18 doesn't mean you need to give all of
17:20 your money away. That again, we want to
17:22 plan ahead. We want to leave money to
17:23 our children's children, which only
17:25 happens when you are not lazy. You make
17:28 the best use of the time that you
17:30 possibly can. You earn more money in
17:32 less time. You invest that money to make
17:35 more money. You then give generously to
17:37 those around you, the widows, the
17:39 orphans, the people that maybe God has
17:41 placed in your life that need help. And
17:43 then you also plan for the future so
17:45 that you can leave an inheritance to
17:47 your children's children. Again, if this
17:49 video gets 10K likes, I will do another
17:50 video in this series. Appreciate
17:51 everybody for the support and the
17:53 comments on all of these biblical
17:54 videos. Been super cool. I'm also
17:55 putting together like kind of the
17:57 financial blueprint that led me to
17:59 financial freedom in about 5 years.
18:01 There's a wait list down below if you do
18:03 want to check that out. I'm trying to
18:05 like condense all the stuff that's in
18:08 like 500 videos into one thing that can
18:09 really transform people's lives. So, if
18:10 you're interested, again, wait list down
18:11 below. Thanks for watching. If you want
18:12 to watch the rest of the biblical
