Two-minute read.
Where no oxen are, the manger is clean, But much revenue comes by the strength of the ox.
Proverbs 14:4
In our first year of marriage, Ron and I attended a financial management event based on the book, “I Was Broke, Now I’m Not,” by Joseph Sangl. Using the Biblical imagery of oxen pulling a plow and doing the work for the farmer, Joseph taught about investing, allowing your money to make money for you. Several years later, Ron and I still search for more oxen to put into our stable. Empty barns lead to empty bank accounts.
In today’s world, financial oxen take many forms: retirement accounts, savings accounts, rental properties, insurance policies, stocks, bonds, etc. Filling your stable with oxen means diversifying the money God gives. The more oxen you have working for you, the more victory you will have over your finances.
You can build wealth on spare change, no matter how much money you have. Many banks offer a “round up” savings plan. When you make purchases, the bank automatically rounds up to the nearest dollar, investing spare change into a savings account. Over time, the small deposits grow and, with compound interest, multiply.
Acorns1, a financial app, allows you to do the same thing. Connecting your bank account to the app lets you round up small change for big rewards. Over time, the acorn investments grow into an oak tree of savings. Before you know it, you have an ox making money for you. Dave Ramsey’s Financial Peace University2 also teaches sound Biblical financial management. Fill your barn with oxen, and you will discover a lot of revenue.
Prayer:
Lord, thank You for teaching us sound financial strategies in Your word. Please help us find ways to fill our barns with oxen and reap the rewards of their work. Give us the tools necessary to follow Your money management plan.
IJNIP. Amen