Praise The Lord,

I have heard of money as being described by 4 interesting adjectives.  There is fast money, slow money, new money and old money.  Fast money is “Money generated through an illegal or unethical enterprise, such as drug dealing or hustling”.[i]  Slow money is thought to be money earned through manual labor, an hourly wage or in small increments.  New money refers to “someone who is rich but does not come from a wealthy background or family history.”[ii]  Old money refers to the wealth of people who have managed their money carefully over many generations and increased the value of their holdings by careful financial management”.  It is inherited capital; it is at it’s best when the money has been in the family for at least 3 generations.

Of those categories, Old Money is the most impressive.  It is the result of wisdom, saving, planning and investing.  It represents the wisdom of our forefathers.  A wisdom, I might add, that is vanishing before our eyes.  Whatever happened to the old sayings such as “A penny saved is a penny earned”, “Haste makes waste”, and “Saving is a greater art than gaining.”

The Bible says it this way in Proverbs 13:22, A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just.  This means that the quality of a man is not determined by his worth, but by his diligence.  Good men save for a future that does not include them.  The wealthiest families in the world today have systematically increased inheritances generationally.

The Bible also says, “Be careful for nothing; but in every thing by prayer and supplication with thanksgiving let your requests be made known unto God.”  This lack of caution is not a suggestion towards recklessness, but to prayer.  This month, and from now on, let’s start spending less and saving more.  Let’s plan more and be less impulsive.  The result will be impressive.  God will use our discipline to transform our new money – slow money – and yes even our fast money….into old money.

Not only does God want to change our eternal futures, but the future’s of our posterity as well.  God wants everyone connected to him and us to experience the favor of the Lord.