Daily Devotional for October 21
For the love of money is at the root of all kinds of evil. And some people, craving money, have wandered from the faith and pierced themselves with many sorrows. —1 Timothy 6:10
Paul taught Timothy three vital truths about finances. First, he taught him that the love of money can be dangerous to one’s spiritual health. Money itself is not evil, but the love of money is a dangerous deception that can lead even to being drawn away from the faith. The proper attitude toward money must be one of contentment. As we live our lives, we must be thankful for what we have, not always wanting what we don’t have. The second truth is that God desires to bless us. He “richly gives us all we need for our enjoyment” (1 Timothy 6:17). God is not a taker— He’s a giver! He longs to bless us for our enjoyment. The third truth Paul shared regarding money is the principle of giving. He urged Timothy to instruct the rich to remember to use their earthly wealth for doing good, thus laying up an eternal reward in heaven (vv. 18-19). The finances we invest in others and in God’s work will be multiplied back to us in the life to come. Let’s use our money as a tool for eternal investment, and one day we will see it again.
1 Timothy 6:1-21