The Bible provides examples of both effective and ineffective financial planning in the face of economic adversity. Examples of good financial planning include Joseph’s preparation for famine in Egypt (Gen 41:34-36), the servants who wisely invested their master’s money (Luke 19:13-19), and the Corinthian believers who laid aside money to help others (1 Cor 16:1-2; cp 2 Cor 9:1-5). Proverbs 27:23-27 counsels a shepherd to know well the condition of his flocks so that they will provide for him in the future, Diversification of investments is advised in Eccles 11:2. Continue reading DEFINITION OF THE DAY (FINANCIAL PLANNING) →