E35: Overcoming Fear: Understanding and Applying Biblical Principles for Financial Success
Are you allowing fear to control your financial decisions? Well, fear can paralyze us when it comes to our finances and obedience to God's calling. In this episode of “Wealth Well Done”, Eric Scovill dives deep into the common fears that hold us back, such as running out of money and fear of failure or rejection. Discover how to recognize and overcome these fears by applying biblical principles and letting faith conquer fear. Don't let fear hinder your financial stewardship and God-given calling.
Here are some topics from today’s discussion:
Episode Highlights:
[09:24] Identifying the Different Kinds of Fears
[10:49] Overcoming the Fear of Losing
In sports, in order for a team to gain an early lead, they may prematurely shift to "proven defense" out of fear, ultimately changing their entire mindset. Relating this to investing and decision making, Eric emphasizes how some people's fear of losing prevents them from taking risks or even trying in the first place. Instead, don’t let the fear of losing hinder opportunities that God may want to bring into your life through obedience and courageous action, as this fear can impede the plans and calling God has for you.
[23:39] The Herd Mentality
During Jesus' beating and mockery, an estimated 150-200 or possibly up to 600 Roman soldiers participated, despite some having knowledge of his teachings and miracles. Eric highlights the parallel with religious leaders like the Pharisees who, influenced by the herd mentality, failed to stand against the crowd, though their hearts had hardened against Jesus. Only a few, like Nicodemus and Joseph of Arimathea, displayed courage by defending Jesus even when it was unpopular. Eric encourages us to resist the herd mentality, prioritize what is right in God's eyes, and uphold personal conviction and courage to avoid being swayed by crowd behavior.
[29:02] Overcoming Fear with Faith
When we embrace the challenges of doing what God asks us to do, we often overlook the true magnitude of the monumental achievements and underdog stories in the Bible. It's crucial to comprehend the context of being like an isolated individual surrounded by an army seeking to harm you, yet rising up with unwavering faith and boldly declaring, "No, look at what's beyond them, the presence of angels." Discovering how to let our faith triumph over fear is truly life-giving.
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