Is Money-Doubling A Sin?

You heard about a financial scheme… In which you could get a certain percentage profit on your initial deposit all within one month… You decided to give it a try… You threw in a few sum of money into the scheme and realized … ‘it was for real’! You got your percentage increase as promised! This got interesting to you…

You now decided to put in a large sum of money… Probably you borrowed it… Or it was your life savings… Or meant for an urgent project… You threw in the money…and wake up every day to check your calendar… Monitoring how the dates go by… Already calculating how you will spend the ‘virtual’ money… Only to hear a shocking news:‘…the plan for this scheme has changed …and no eligible participant can get paid until after 4 extra weeks’…

Hmm… ‘E don happen’! Now you are confused…What will you tell your family or the person who loaned you the cash?Could it be I ‘committed a sin’ by joining the scheme…and now God is judging?What if this scheme has crashed?What will you do?Hmm…

Well, I wrote this post specially for you! Now listen carefully: you did not commit a sin to God by joining the financial scheme! Not at all! Any plain financial plan that spells out its risks in bold terms to prevent any form of hurt (peradventure it crashes down) is NOT A SIN! Don’t over-spiritualize money matters.

In the ‘Parable of the Talents’, when the master gave talents to his servants before travelling, the Bible stated that he commended 2 of his servants for ‘multiplying their money’ and used these words to scold the one that refused to multiply his talents:

‘…Thou oughtest therefore to have put my money TO THE EXCHANGERS, and then at my coming I should have received mine own with INTERESTS…’ (Matt 25:27)

What do ‘exchangers’ do? They use your money to pay others and return your money back with interests!  Hmm… Where then did you miss it? WRONG CHOICE!

Listen: Every business has its own risks.  As believers, we have the Holy Spirit’s promptings in us to let us know if to join a particular financial scheme or not.If the scheme has a promised INSURANCE for your every invested money, you can go ahead to deal with the scheme/institution with your ‘hard earned’ cash!But if the scheme DOES NOT promise you any INSURANCE for your money, then

1. You either avoid such scheme or

2. You only trade with your SPARE CASH if need be! (‘Spare cash’ here refers to any amount you know you will not be deeply pained if lost).

Hmm… There is nothing wrong in having your money multiplied back to you! Some people think it’s a sin or satanic to have your money ‘multiplied’ back to you. Not at all! As long as it’s not illegal, (especially with spelt-out penalties in your country law), please enjoy your money being MULTIPLIED back to you!!! Some even say they are shocked believers join a ‘money-multiplying’ scheme!  The profit is not coming because you put in ‘nothing’!

So, it’s so off-point to quote a verse like: ‘…Wealth gotten by vanity shall be diminished…’ (Prov 13:11)

Vanity means you did nothing but expect something! Putting your money (which you worked for) into a financial scheme is not ‘vanity’! If you leave your money in a bank for example and decide not to touch it for about three months,… are you aware the money would have increased by about 5% per annum calculation on each month for a savings account or even up to 8% per annum calculation on each month for a fixed deposit account? If you had saved a large sum in the bank for such period, would you consider the added percentage profit as a ‘wealth gotten by vanity’? It is NOT a sin to have your money multiplied!

Where the Bible disagrees with ‘multiplying your money’ is when you become ‘GREEDY OF GAIN’!

‘…He that is greedy of gain troubles his own house…’ (Prov 15:27)

‘…Do not weary yourself to gain wealth…’ (Prov 23:4 NASB)

Listen carefully: It is NOT a sin to desire GAIN! No!!!But… It is a sin to be GREEDY OF GAIN! Hmm…Don’t be scared to be RICH!

‘…the living God, who giveth us RICHLY all things to enjoy…’ (1Tim 6:17)

But… flee from any source of wealth that won’t give you peace of mind!

‘…The wicked flee WHEN NO MAN PURSUETH: but the righteous are bold as a lion…’ (Prov 28:1)

Let this verse always guide your moves when it comes to financial investments:

‘…But godliness with contentment is great gain…’ (1Tim 6:6)

Now listen: Contentment does NOT mean you should not engage in business(es) that will ‘multiply your money’! Rather, contentment simply means: ‘…flee from any source of wealth that won’t give you peace of mind…’! Hmm…

In conclusion: for those who are now in a state of confusion because you traded with heavy cash in an un-insured financial scheme… Don’t be downcast neither should you panic and get your heart sorrowful. The Holy Spirit has NOT left you alone for your mistakes. Realize your mistakes in a Gracious reasoning with the Holy Spirit and ask Him to intervene and restore all your seeming losses.

I will like to show you a verse of scripture the Holy Spirit always remind me of whenever I make stupid mistakes:

‘…I will hear what God the LORD will speak: for he will SPEAK PEACE unto his people, and to his saints: BUT LET THEM NOT TURN AGAIN TO FOLLY…’ (Psalm 85:8)

Hmm… I want you to know and believe God is currently speaking PEACE and RESTORATION to your losses. But learn wisdom from your mistake and do not ‘…TURN AGAIN TO FOLLY…’. When the Bible states:

‘…where sin increased, grace increased all the more…’ (Romans 5:20)

You can as well interchange your current situation into that verse and you won’t be wrong!

‘…where SICKNESS increased, DIVINE HEALTH increased all the more…’

‘…where POVERTY increased, GOD’s PROVISION increased all the more…’

‘…where MISTAKES increased, GOD’s INTERVENTION increased all the more…’!

That’s Jesus for you! Please remember: As believers, we have the Holy Spirit promptings in us to let us know if to join a particular financial scheme or not. As long as it’s not illegal, (especially with spelt-out penalties in your country law), IT IS NOT SATANIC TO HAVE YOUR MONEY MULTIPLIED BACK TO YOU. If the scheme has a promised INSURANCE for your every invested money, you can go ahead to deal with the scheme/institution with your ‘hard earned’ cash! But if the scheme DOES NOT promise you any INSURANCE for your money, then

1. You either avoid such scheme or

2. You only trade with your SPARE CASH if need be!

‘…I will hear what God the LORD will speak: for he will SPEAK PEACE unto his people, and to his saints: BUT LET THEM NOT TURN AGAIN TO FOLLY…’ (Psalm 85:8)

Amen.