God created the world, He chose not to make a money tree. He no doubt exercised
great wisdom in doing so, or else we'd have to spend a lot of time literally raking
in the money!
so, there is a phenomenon in money management that makes it seem as though money
is growing on trees.
called the "magic of compounding".
may remember the charts we looked at in Session 2 (see pages 28 and 29 in the
Money your money course workbook) Those mat appear to be rather boring
columns of digits, but in actuality they reveal a principle that can create an
incredible balance sheet over time.
not surprising to realize that this principle has its source in His Word. Dishonest
money dwindles away, but he who gathers money little by little makes it grow.
you catch the basic concept there? Gather money little by little, and thereby
make it grow.
precisely what compounding does. Whether you start with $100 or $1000 or $10,000
or more, the results over time invested at a reasonable rate can be phenomenal.
stewards, we'er charged to manage His resources as efficiently and effectively
as possible. The story of the talents which we read earlier, indicates that investing
money wisely - and reaping the benefits financially - is a practice He encourages.
that makes the magic of compounding a concept that's crucial for us to understand
... and put to work.
your loan interest as well as your compounding interest with our calculators.
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