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Episode 720: Steps to Wealth Versus Phases of Growth

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Join us today for an episode about the reason framing things as steps and phases both have value...

Today's episode is focused on recognizing why steps and phases are different but both have value...

In today’s episode about investing in yourself through stewarding your treasures, I talk with you about why there are steps to wealth and phases you go through, why phases versus steps can give you some benefit, and why steps versus phases can help as well and why you need to recognize the purpose behind each.

Join in on the Chat below.

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00:00:00 Thanks for joining me on episode 720 of the inspired stewardship podcast. Hey guys, this is Matt ham from you print. I wanna encourage you to find your own journey to living your life's calling. And one way to be inspired to do that is to listen to the inspired stewardship podcast with my friend, Scott Mader, The purpose behind each is good. The purpose of the steps is to give you a clear ordered path.
00:00:33 And the purpose of behind the phases is to make you understand that this is a constant ongoing process. This isn't an a one and done thing that you check off on a checklist and you never have to worry about it again. Instead it's a growth process. It's about continuing to grow and your mindset and your behavior with money. Welcome, and thank you for joining us on the inspired stewardship podcasts.
00:00:56 If you truly desire to become the person who God wants you to be, then you must learn to use your time, your talent and your treasures for your true calling in the inspired stewardship podcast. We'll learn to invest in yourself, invest in others and develop your influence so that you can impact the world. And today's episode about investing in yourself through stewarding your treasures.
00:01:26 I talk with you about why there are steps to wealth and phases. You go through why looking at phrases versus steps can give you some benefit and why looking at steps versus phrases can help you as well. But I also want you to recognize the purpose between each way of framing it as we talk about stewarding your treasures. Wouldn't it be great if you could support this podcast and do it without costing yourself an extra dime,
00:01:55 it turns out you can. All you have to do is use inspired stewardship.com/amazon. When you're ready to make a purchase via Amazon and a small commission, we'll come back to support the show. If you enjoy the show, when you're ready to buy from Amazon, just use inspired stewardship.com/amazon. You know, if you listen to whether it's financial gurus or you tune into a podcast,
00:02:21 you'll hear tons of different examples of steps to wealth or phases that you go through on the journey to wealth. And let me explain, I don't think those are bad or there's anything wrong with them. You know, Monday Jared shared his five steps that he uses as a framework with clients. People talk about the Dave Ramsey, baby steps, the seven baby steps that he has,
00:02:48 you know, Susie Orman has her version of this. You go back to Ron blue and others. They have other versions. You, you listen to just about any of financial coach financial guru, and oftentimes they'll have an acronym that is the phases that we use with my clients. I often talk to them about going through the phases of refocus gain control and set up plan.
00:03:11 And the truth is none of these are right or wrong or good or bad, but there are some pros and cons to each. And so I think a lot of times when we come in and we identify whether we're looking at somebody's steps or we're looking at their phases, or we're thinking about what those are, I want to talk about the difference between the two and why I think it's important to understand that difference,
00:03:36 see steps for most people imply a hierarchy. They imply that you do something first, then second, then third, that you can't get to step three without first having done step one and step two. And oftentimes for some people that stalls them out, because if they're stuck on step one for a long time, they lose hope. They lose flexibility. They,
00:03:59 they don't understand what to do next, where phases are often looking at it more as a cycle where you, you start in a, at a certain area, you unpack a certain amount of information, and then you can move to the next phase. But oftentimes you may cycle back to the earlier phase. As, as you move up the steps, you move up the ladder,
00:04:22 you gain more information, you gain more control and you can pretty much take phases and turn them into steps. Or you can take steps and turn them into phases. There's there's not really a right or wrong here. Looking at things as a phase helps you recognize the temporary nature of it. It also gives you some flexibility to maybe do some things out of order because in your specific situation,
00:04:52 that makes sense. See, that's one of the problems with steps in general, they have to be generic enough that they apply to everybody. And there are cases where they don't really apply to people yet. At the same time, they are usually pointing out fundamentals that if you do, you often well undo. If you skip ahead to a later step,
00:05:15 that's what we were talking about Monday with like the football players that make huge amounts of money and then managed to lose it in a very short amount of time, because they never really laid in the fundamentals. The earlier steps, the earlier phases of growth that were needed. And because they didn't have those fundamentals, it was all too easy for them to slip backwards.
00:05:38 Say the truth is both of these frames are trying to point out the same fundamental idea that there's things that we need to do. There are basics that always exist. And if you get those basics down and you learn the mindsets, the behaviors and the habits and the systems and the processes, you can apply it over and over again. And you will continually improve.
00:06:03 It's about making things into a process, not an event. That's one of the things that, that, that can happen with steps that makes them, you know, a little, there's a disadvantage there. The disadvantages, oftentimes we look at steps as a checklist, we check it off. We're done. So we stopped paying attention to it. And by stopping to pay attention to it,
00:06:23 sometimes we slip back. This is why people, I know people that have followed the Dave Ramsey baby steps and have gotten out of debt four or five or six times because they keep going back to the behaviors that they had. They haven't really mastered that step. They've just moved past it. Where phases shows you that it's this constant process of improvement. The problem with phases though is often,
00:06:49 it's a little indefinite. If I, if I give you a phase like refocus, what does that mean? Well, the reason it's indefinite, because it may mean different things, depending on where you are. So there's value in looking at the phases against the steps or the steps against the phase. Jesus, and recognizing that within the steps, there's different phases.
00:07:12 This is why coaching is so useful because having an expert who's seen, not just one budget, but hundreds of budgets, walk beside you and help identify what is different about your unique situation. What is different about what's going on with you? How do we apply these phases and these steps to your specific stuff? The purpose behind each is good. The purpose of the steps is to give you a clear ordered path.
00:07:43 And the purpose of behind the phases is to make you understand that this is a constant ongoing process. This isn't an, a one and done thing that you check off on a checklist and you never have to worry about it again. Instead it's a growth process. It's about continuing to grow and your mindset and your behavior with money. So that no matter what comes at you later in life,
00:08:05 you are already prepared because you've gone through those fundamentals and you have a frame of reference. You have a way of thinking about the world that allows you to roll with the punches. So is it valuable to have steps? Absolutely. Is it valuable to us understand phases that you go through say phases? For instance, we use the acronym, lamp, launch acquisition,
00:08:28 maturity, and pre retirement retirement. That's a, a way of outlining the process that you go through generally as you move later in life, but you can go through that, those steps very quickly. You can go through them much slower. It just depends on your unique situation. So that's how this frame and understanding the difference between something like Dave Ramsey's,
00:08:54 baby steps or the, the steps that Jared outlined and the phases that you go through gives you the value of both. You can, you can recognize the incredible strength in the steps like Jared outlined on Monday. And you can also bring in the, the beauty of the phases of growth and benefit from both. Thanks for listening. Thanks so much for listening to the inspired stewardship podcast,
00:09:28 as a subscriber and listener, we challenge you to not just sit back and passively listen, but act on what you've heard and find a way to live your calling. If you like this episode on the stewardship of treasures, you can sign up for our treasures tips by going to inspired stewardship.com/treasures or text in the U S four four two two two treasures tips.
00:10:01 And we'll send you five weeks of our best tips on stewarding your treasures until next time, invest your time, your talent and your treasures, develop your influence and impact the world.

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In today's episode, I talk with you about:

  • Why there are steps to wealth and phases you go through...
  • Why phases versus steps can give you some benefit...
  • Why steps versus phases can help as well and why you need to recognize the purpose behind each....
  • and more.....

Everything happening around me is very random. I am enjoying the phase, as the journey is far more enjoyable than the destination. - Sushant Singh Rajput

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Some of the Resources recommended in this episode:

I make a commission for purchases made through the following link.

Let Me Know What you Think Below....

Episode 719: The Concept of Ikigai

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Join us today for an episode about the concept of Ikigai or a reason for being...

Today's episode is focused on finding your reason for being in several zones if you'd like...

In today’s episode about investing in yourself through stewarding your talent, I talk with you about the concept of Ikigai or the Reason for Being, how this frame can help you find more than one thing that you are willing to do, and why this identifies things without saying one is less valuable than others.

Join in on the Chat below.

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00:00:00 Thanks for joining me on episode 719 of the inspired stewardship podcast. I'm Ryan Ingolstadt from pop psych one Oh one. I encourage you to find health. And one way to be inspired to do that is by listening to this, the inspired stewardship podcast with my friend, Scott Mader,, There's nothing wrong with that. This lets you see that your hobbies are serving that need in your life.
00:00:31 And maybe you go on mission once a year or you do other things, missional work or volunteer work or other things that serve that mission and scratch that itch for yourself. And then you have a profession where you're paid, but you may also have things on the side that you do as a vocation. Welcome. And thank you for joining us on the inspired stewardship podcast.
00:00:54 If you truly desire to become the person who God wants you to be, then you must learn to use your time, your talent and your treasures for your true calling in the inspired stewardship podcast. We'll learn to invest in yourself, invest in others and develop your influence so that you can impact the world. And today's episode about investing in yourself through stewarding your talent.
00:01:25 I talk with you about the concept of a Kiki or the reason for being, I share how this can frame and how it, that framing can help you find more than one thing that you're willing and enjoy doing. And I talk about why this identifies things without actually putting a value on what is better or worse. One of the things that comes up for clients time and time again,
00:01:51 is this conflict that we sometimes have between, you know, what we're good at or what we love and what we can be paid for these ideas of, you know, should we live for our passion? How can I find my purpose by reason for being what is my reason for being, and one of the concepts that I've come across that I love using as a frame when I'm talking about this is actually a Japanese concept called a Keaggy.
00:02:20 I'm sure I'm pronouncing it wrong. I could guy, I think is also how I've heard it said. And honestly I'm not sure which is right, but it roughly translates as a reason for being. And if you think about this for a minute, it's this intersection between four different areas. You've probably seen these Venn diagrams before that say things like what you're good at,
00:02:43 what the world needs and what you can be paid for. And then, you know, in the center is something that you should be Doing. You know, that could be something that You could make money at, that you would still enjoy. And because the world needs it, it solves a problem. And what this does, it actually adds four circles.
00:03:01 So if you think about four circles that are all in the center, they overlap completely. But then there's a place where they overlap. Only two circles are where they overlap across three circles. And then in the center, all four overlap and those circles are at the top. What you love on the right, what the world needs at the bottom, what you can be paid for and on the left,
00:03:25 what you're good at. So we're watch you're good at and what you love overlaps. That's your passion. That's something that you truly love doing and you're good at it. It comes naturally to you and then at the bottom, what you're good at and what you can be paid for. That's a profession, that's a career. That's something that you can do for a long time.
00:03:46 You're you'll even be good at it, right? That's the whole point. You gain skills at it and you can be paid for it. There's nothing wrong by the way, with a passion project or a profession, both of those things serve a purpose. If you go to the top and you take what you love and you overlap it with what the world needs,
00:04:06 that's a mission. And again, people will serve a mission their entire life. They're oftentimes we'll find something that, you know, we call them missionaries, people that go out and they do mission work. And then what the world needs, where that overlaps what you can be paid for. That's a vocation, that's a calling. That's something that you're driven towards doing and in the center where they all four overlap perfectly.
00:04:32 That is a reason for being that is this concept because it points out that if you're living in that, what you love, what you're good at, what the world needs area up at the top, then you're, you're delighted. You have a sense of fullness, but you often have no wealth. And again, there's nothing wrong with that. This isn't a good or bad thing.
00:04:52 This isn't about putting a value on any of these areas. They're all good. They're just different. If you're living over there in that overlap between what you love, what you're good at and what you can be paid for, then you have satisfaction, but you don't really feel like you're making a big impact on the world or doing something meaningful. You feel sort of useless because you don't have that mission and that vocation,
00:05:19 you don't have what the world needs overlapping down at the bottom. If you're doing what you're good at, what you can be paid for and what the world needs, then you're comfortable because you've got money coming in. But you kind of have a feeling of emptiness because you're not doing what you really love. And if you're over on the right hand side,
00:05:40 doing what the world needs and what you love and what you can be paid for, then you have excitement. But there's a sense of uncertainty or nagging doubt. Like there's more out there because you're not really doing what you're good at. And the idea here is that everyone has something that hits that sweet spot in the center. That if you search hard enough and long enough,
00:06:05 you will find that thing that is in the center, you will find a reason for being and out of that reason for being that is where everything else flows from that. If you, if you look at this, you can see that a vocation is good. A profession is good. You can see that all of these things, passion, mission, all of them are good.
00:06:33 What you love is good. What's the world needs is good. What you can be paid for is good. What you're good at is good. But if you really want that kind of sweet spot in the center, you have to find the thing that overlaps all of those for me, coaching falls into this category. So did teaching, honestly, because I love doing it.
00:06:55 I think I'm reasonably good at it. I am paid for it and the world needs it. So it does hit that sweet spot. And if you stop and think you'll find parts of your life that hit that sweet spot for you, and you may have other parts that don't what the idea here is, is to begin asking yourself questions. What is it that you love in life?
00:07:20 Make a list? What is it that you're good at in life? What are the problems that the world has or the needs that the world has that you can meet and where in that circle are things that you can be paid for. And if you begin to slice and dice, everything that you've done and everything that you do in this way, that frame can let you find things that you want to do.
00:07:48 It also can let you assemble them piecemeal. In other words, you may have one part of your life that serves your passion. One part of your life that serves your mission. One part that is your profession. And one part that is your vocation and still have a sense of satisfaction. Even though they don't all come in one single package, you can still serve that area of your life by mixing and matching from these different categories.
00:08:13 That's one of the things I love about this. You, if you think about it, a passion is often our hobby. There's nothing wrong with that. This lets you see that your hobbies are serving that need in your life. And maybe you go on mission once a year or you do other things, missional work or volunteer work or other things that serve that mission and scratch that itch for yourself.
00:08:35 And then you have a profession where you're paid, but you may also have things on the side that you do as a vocation. That's one of the things I love about this, this four circle concept is it lets you identify the things as good and recognize that they're all good. There isn't a good or bad here. There is no wrong answer. Instead there's numerous right answers.
00:09:02 Now sometimes that can get overwhelming. And this is where working with others can help you filter through it. But as I've shown this concept to clients over the years, oftentimes they can kind of point to their life and they can go. This serves that overlap. And this serves that overlap and out of the two together, I have a sense of satisfaction and fulfillment.
00:09:22 That completes the picture. It gives me my reason for being. So it doesn't necessarily have to come in one package or in one place, but it is worth examining your life and make sure that you're not missing any of these places where these circles overlap. Thanks for listening. Thanks so much for listening to the inspired stewardship podcast. As a subscriber and listener,
00:09:53 we challenge you to not just sit back and passively listen, but act on what you've heard and find a way to live your calling. If you liked this episode on the stewardship of talent, you can go over to inspired stewardship.com/talent and sign up for our five week series on the stewardship of talent. Or if you're in the U S you can text four,
00:10:21 four, two, two, two talent tips, that's talent tips to four four, two, two, two, and get those tips until next time, invest your time, your talent and your treasures, develop your influence and impact the world.

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In today's episode, I talk with you about:

  • The concept of Ikigai or the Reason for Being... 
  • How this frame can help you find more than one thing that you are willing to do...
  • Why this identifies things without saying one is less valuable than others...
  • and more.....

If you want to live a life that matters, don’t start when you get good; start now so you become good. – John C Maxwell

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Some of the Resources recommended in this episode:

I make a commission for purchases made through the following link.

Let Me Know What you Think Below....

Episode 718: Good Time After Bad

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Join us today for an episode about the way we throw good time after bad...

Today's episode is focused on finding the way we all can recognize if we are just wasting time...

In today’s episode about investing in yourself by stewarding your time, I talk with you about why just like good money after bad you have to see if you are throwing good time after bad, how to recognize if you are “wasting time” and what you can do about it.

Join in on the Chat below.

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00:00:00 Thanks for joining me on episode 718 of the inspired stewardship podcast. I'm Robert Farrington from the college investor.com. I encourage you to be inspired, to become a better steward through financial wisdom. By listening to this show, the inspired stewardship podcast with my friend, Scott Mader, Not planning, not sitting down and actually being intentional about what's going on and not being able to plan that out and then use this process of,
00:00:42 you know, plan execute, and then review and revise, and then plan, execute, review, and revise, and keep cycling that through your life. Looking to get a little bit better each and every time that you can welcome. And thank you for joining us on the inspired stewardship podcasts. If you truly desire to become the person who God wants you to be,
00:01:06 then you must learn to use your time, your talent and your treasures for your true calling in the inspired stewardship podcast. We'll learn to invest in yourself, invest in others and develop your influence so that you can impact the world. And today's episode about investing in yourself by stewarding your time. I talk with you about why just like good money after bad,
00:01:34 you can check and see if you're throwing good time after bad. I talk about how you can recognize if you are wasting time in this way. And I share some things that you can do about it as we talk about stewarding your time. Wouldn't it be great if you could support this podcast and do it without just taking too long, it turns out you can.
00:01:56 All you have to do is use inspired stewardship.com/amazon. When you're ready to make a purchase via Amazon and a small commission will come back to support the show. Just that quick. If you enjoy the show, when you are ready to buy from Amazon, just use inspired stewardship.com/amazon. You know, one of the expressions that I hear people talk about is throwing good money after bad.
00:02:21 You know, this idea of continuing to try to spend money, to save something or to make something work. Whenever it's clear that it's just not going to work. The idea that we, we sit down and we just waste our money, trying to make something that's bad work. But what's interesting is I don't ever hear anyone use the expression throwing good time after bad,
00:02:44 but the truth is you can do the same thing with time. You can use your time very effectively and efficiently, or you can use your time in ways that don't really get you what you want. And I'm not here just talking, using your time. Well, in terms of, you know, not watching Netflix though, that could certainly be something that you may want to cut out of your life or not watching the news or not browsing social media or any of the other 4,572,000 distractions that come our way during the day.
00:03:16 Now here, I'm talking about it in a bigger sense than that. One of the things that that happens to us whenever we talk about productivity, we talk about our life is all too often. We aren't really sitting down and being intentional in our use of time. And so I wanted to talk a little bit about some of the ways that I see us throw throw time after time throw good time after bad and end up wasting our time day after day,
00:03:47 week after week. This has come up a lot in the last few weeks with several different clients where one of the things that we've talked about is we're coming into this fourth quarter. I think it begins to become obvious to folks that things this year, maybe haven't gone the way they wanted and they they're trying to figure out what do they want to get rid of?
00:04:07 And did they waste a bunch of time this year doing things that weren't effective or weren't good, or didn't work for their business or didn't work for their life. As we come to the end of the calendar year, this is a natural thing that begins to happen to us. We begin to think about the year that just went and what do we want to do different?
00:04:23 And I think 2020 in a very unique way has really agitated this for a lot of us because of all of the chaos. And so some of the things that you can happen that that can happen to you that cause you to waste time. Yo, let's talk about email. The truth is email is one of those things that sucks up a huge amount of time,
00:04:45 but the truth is that you can develop systems or processes where it doesn't have to do that. Another one, this one's a little bit more meta saying yes to too much stuff. We often say yes to everything instead of being selective and figuring out what are the true things that we really want to say yes to that are most important to us. What are the things that are really key for us to be doing?
00:05:11 And that are the most important things to us that are connected to who and what we are. It's never about what you have to do. It's always about what you choose to do, which also leads us to making decisions quickly. The truth is we waste a lot of time on indecision on not making decisions and the act of not making a decision is a decision.
00:05:35 And it's one that can cost us huge amounts of time. If we're not careful, the same thing is being able to periodically sit down and really decide what are your limits? What are the things that you can afford to do and not do? And what are the limits on those things? So in other words, if you're going to spend some time playing video games or watching Netflix,
00:05:58 that's fine, but limiting the amount of time that you do. And how do you effectively do that? Taking breaks, getting rest is important too. Are you giving your body enough time for rest and sleep? So it's not about never take a break. It's not about never watch Netflix. It's about making sure that you've got boundaries around your life and it's not going to play that way each and every day.
00:06:22 That's one of the things that I struggle with when people come, what their ideal day or their ideal week, because oftentimes we don't ever reach that ideal. It's great to have the target and that's important, but you also have to have some flexibility. So it's about having some balance, but creating those boundaries. So, you know, when you're out of alignment and can work to get it back into alignment,
00:06:44 one of the biggest ones that I see as people spending a lot of time complaining. Yeah. The truth is that we can spend a ton of time complaining, worrying about the things that aren't working, right complaining about how everything's wrong, but the truth is instead of complaining, if we did spent more time putting things into action, then we would actually make a change.
00:07:11 One of the other areas, if, if you can recognize that you're not feeding your mind, if you're not growing in some way, if you're not studying and using time to grow what you do, then that's a sign that you are wasting time, not planning, not sitting down and actually being intentional about what's going on and not being able to plan that out and then use this process of plan execute and then review and revise,
00:07:42 and then plan, execute, review, and revise, and keep cycling that through your life. Looking to get a little bit better each and every time that you can, that's the way to really grow. That's the way to really move from wasting time to being productive with your time, that cycle of plan, execute cute, review revise, and then plan,
00:08:07 execute review. Revise is the key. When you find out that you're being distracted, when you find out you're spending way too much time on your phone, when you find out you're not getting enough sleep, when you find out that you're working too hard and not getting enough done, all of those things come down to the same core idea that you're right.
00:08:27 We're really not doing a good job on that plan, execute review, revise cycle. Now don't you, I mean, we're wrong. I'm not saying there's one quick fix. And if you just do this one time, that's going to solve the problems. No, it's a habit. It's something that you have to develop the mindset for. It's something that you have to keep working on day in and day out.
00:08:51 And it's something that over time as you get better and better it than the time that you're wasting becomes less and less. And out of that, you can also begin to recognize when you have the sunk cost fallacy. When you're, when you're wasting time, by spending time on something that is no longer the thing that you should be chasing. So you setting those parameters by planning,
00:09:15 lets you recognize when it's time to stop throwing good time after bad and to just stop doing the thing that you're doing because it's just not working. And that that's what lets us not throw a good time after bad and be truly gaining and productivity each and every day. Thanks for listening. Thanks so much for listening to the inspired stewardship podcast as a subscriber and listener,
00:09:48 we challenge you to not just sit back and passively listen, but act on what you've heard and find a way to live your calling. If you liked this episode on the stewardship of time, be sure to sign up for our stewardship of time tips series, by going to inspired stewardship.com/time or texting four four, two, two, two time tips. And that'll get you our best tips on stewarding your time until next time,
00:10:26 invest your time, your talent and your treasures, develop your influence and impact the world.

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In today's episode, I talk with you about:

  • Why just like good money after bad you have to see if you are throwing good time after bad... 
  • How to recognize if you are “wasting time”...
  • What you can do about it...
  • and more.....

There’s no good way to waste your time. Wasting time is just wasting time. – Helen Mirren

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Some of the Resources recommended in this episode:

I make a commission for purchases made through the following link.

Let Me Know What you Think Below....

Episode 717: Stewardship Isn’t for You

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Join us today for an episode about the reason Stewardship isn't about you...

Today's episode is focused on 1 Peter 4:8-10...

In today’s spiritual foundation episode about investing in yourself, I talk with you about why stewardship isn’t about you. I share why stewardship is always focused on others and how this other focus helps us keep the right mindset.

Join in on the Chat below.

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00:00:00 Thanks for joining me on episode 717 of the inspired stewardship podcast. I'm Julie Tafolla. I challenge you to invest in yourself and others develop your influence and impact the world by using your time, talent and treasures, to live out your calling. Having the ability to communicate and build relationships is vital. And one inspirational way to develop that is to listen to this,
00:00:30 the inspired stewardship podcast with my friend, Scott made her, You know, whenever I'm tired, whenever I've had a bad day, whenever things aren't going well, that's when it's hard to keep that mindset. And that's when practicing this mindset of stewardship in good times and bad when things are going well. And when things are going poorly, that's what allows it to continue to work.
00:01:03 That's what allows it to continue to happen. That's what allows you to do it welcome. And thank you for joining us on the inspired stewardship podcast. If you truly desire to become the person who God wants you to be, then you must learn to use your time, your talent and your treasures for your true home. In the inspired stewardship podcast. We'll learn to invest in yourself,
00:01:27 invest in others and develop your influence so that you can impact the world. Good. Today's spiritual foundation episode about investing in yourself. I talk with you about why stewardship isn't really about you. I share why stewardship is always focused on others and how this other focus helps us keep the right mindset. One of the interesting things about stewardship is all so often we,
00:02:01 we think about it in terms of money. And what's more, a lot of times we think about it in terms of money that we're taking care of for ourselves. You know, that's the wrong outlook. That's the wrong view, stewardship. Isn't about you and stewardship is it for you. If, if we truly believe that God owns it all, and God has asked us to manage some small portion of something for God's benefit and for the benefit of others,
00:02:33 then stewardship is always other focused. You know, one of the passages I love about this is from first Peter chapter four, verses eight through 11. And if you go look at the full context, this is talking about what we should do as Christians for one another. And it says here above all love each other deeply, because love covers over a multitude of sins,
00:03:00 offer hospitality to one another without grumbling. Each of you should use whatever gift you have received to serve others as faithful stewards of God's grace and its various forms. If anyone speaks they should do so. As one who speaks the very words of God, if anyone serves they should do so with the strength God provides. So that in all things, God may be praised through Jesus Christ to him be the glory and the power forever and ever.
00:03:28 Amen. You know, above all love each other deeply because love covers a multitude of sins. Most of us have probably heard that or seen that cross stitched on a, on a pillow somewhere. But I love the fact that this is in this passage, that then in verse 10 says that each of you should use whatever gifts you have received to serve others as faithful stewards.
00:03:51 This idea that we do stewardship, not for ourselves, but for others is important. But Jared and I talked about this yesterday, whenever we were talking about making money as a financial advisor, and when you're doing this with a biblical mind to stewardship, it's not so that you end up with a big pile of money it's so that that money can be used to bless others either directly or indirectly,
00:04:19 but it doesn't matter. It's still about blessing others. Stewardship being focused on others is what keeps it from becoming greed. It's what keeps it from becoming hoarding is what keeps you from having that mindset of this is mine. And I need to hold onto it with both fists. And the ironic thing is, is when you have that more open mindset, not only does that allow you to let your gifts flow out,
00:04:45 but it also allows gifts and blessings to flow to you. Having an open mind and open fist and open hand allows you to see the relationship with others more freely. It allows you to be more loving. It allows you to be more forgiving. It allows you to recognize that all of the gifts that you have are there so that you can help others.
00:05:08 And when you do that, when you truly help others and serve others, then things come back to you just naturally not necessarily in the form of money though, sometimes it is, but in various forms, blessings flow back to you. It allows you to keep the right mindset. Again, it allows you to recognize that money is the effect of living this way.
00:05:33 Not the cause. It's not about a big pile of money allows you to have freedom and flexibility and peace. It's having peace and freedom and flexibility allows money to flow into your life. This isn't the secret, this isn't magic. This is a karma. It's just the fact that the way we live, the way our minds view things, the way we limiting beliefs on ourselves and that we limit what happens and choke down on our own blessings and our giftings is going to end up resulting in things that happen.
00:06:11 The, the, the way we live is that a cause and effect universe. And one of the ironic things is as we all too often put the cause before the effect are put the effect before the cause. Sometimes we think of the effect as the cause and the cause is the effect. And that's what I'm arguing. We do a lot of ties with stewardship.
00:06:31 We think about getting blessed with things as being, because we deserve it because we've done something to earn it because we've been blessed with more talents. But I would say that those blessings come as a result of having that mindset of being other focused, having that mindset of taking care of others, having the mindset of stewardship. That's why it's above all above all love each other deeply because love covers a multitude of sins,
00:07:03 offer hospitality to one another without grumbling. Each of you should use whatever gifts you have to serve others. If you speak, speak as if it's the word of God, if anyone serves they should do so with the strength that God provides, that's what it's about. You know, whenever I'm tired, whenever I've had a bad day, whenever things aren't going well,
00:07:28 that's when it's hard to keep that mindset. And that's when practicing this mindset of stewardship in good times and bad when things are going well. And when things are going poorly, that's what allows it to continue to work. That's what allows it to continue to happen. That's what allows you to do it whenever it feels like there's no reason to keep doing it when your mindset is not on others,
00:07:53 but as on yourself, that's the time that you have to work the hardest to turn your mindset back to others. It's always about the relationships we have with others and with God outwardly out of that, does the strong relationship with ourself come. That's what I believe stewardship is. And that's what I think Jared and I were talking about yesterday. That's the key to real biblical wealth.
00:08:23 Thanks for listening. Thanks so much for listening to the inspired stewardship podcast, as a subscriber and listener, we challenge you to not just sit back and passively, listen, but act on what you've heard and find a way to live your calling. If you enjoyed this episode, do me a favor, go over to facebook.com/inspired stewardship and like our Facebook page and market that you'd like to get notifications from us so that we can connect with you on Facebook and make sure that we're serving you to the best of our abilities with time and tips there until next time,
00:09:14 invest your time, your talent and your treasures, develop your influence and impact the world.

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In today's episode, I talk with you about:

  • Why stewardship isn’t about you...  
  • Why stewardship is always focused on others...  
  • How this other focus helps us keep the right mindset...
  • and more.....

Each of you should use whatever gift you have received to serve others, as faithful stewards of God’s grace in its various forms. - 1 Peter 4:10

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