1. TBN
  2. Programs
  3. Dr. Robert Jeffress
  4. Episodes
  5. Robert Jeffress - What Parents Wish Their Children Knew About Money (Part 2)
Dr. Robert Jeffress

Robert Jeffress - What Parents Wish Their Children Knew About Money (Part 2)

February 6, 2026 | 27:29

Robert Jeffress - What Parents Wish Their Children Knew About Money (Part 2)
Pathway to Victory offers a practical application of God’s Word to everyday life through the clear, biblical teaching of Pastor Jeffress.
#Money #Finances #Wisdom #Contentment #Gratitude #Thankfulness #Debt-Free #Foolishness #Poor #Children #Bondage #Preparation #Future #RobertJeffress

Closed captions

Show Timecode
Dr. Robert Jeffress | Robert Jeffress - What Parents Wish Their Children Knew About Money (Part 2) | February 6, 2026
  • ...
  • 00:00:00.633 --> 00:00:00.356
  • ♪♪♪
  • 00:00:00.824 --> 00:00:06.196
  • Male announcer: from the pulpit
  • 00:00:06.296 --> 00:00:06.863
  • Of the first baptist church of dallas, texas,
  • 00:00:07.864 --> 00:00:09.699
  • This is "pathway to victory" with dr. robert jeffress.
  • 00:00:09.699 --> 00:00:13.236
  • Dr. robert jeffress: hi, i'm robert jeffress,
  • 00:00:14.404 --> 00:00:15.738
  • And welcome again to "pathway to victory."
  • 00:00:15.738 --> 00:00:18.108
  • Remember the good old days when handling money
  • 00:00:18.108 --> 00:00:20.743
  • Was straightforward?
  • 00:00:20.743 --> 00:00:22.512
  • Getting ahead required the simple discipline
  • 00:00:22.512 --> 00:00:24.948
  • Of working hard and spending less than you earned.
  • 00:00:24.948 --> 00:00:28.418
  • But today's financial landscape requires
  • 00:00:28.418 --> 00:00:30.653
  • Far more sophistication.
  • 00:00:30.653 --> 00:00:33.022
  • Gratefully, god's word has given our families timeless wisdom
  • 00:00:33.022 --> 00:00:37.227
  • That works in any generation.
  • 00:00:37.227 --> 00:00:39.762
  • My message is titled,
  • 00:00:39.762 --> 00:00:41.397
  • "what parents wish their children knew about money"
  • 00:00:41.397 --> 00:00:44.901
  • On today's edition of "pathway to victory."
  • 00:00:44.901 --> 00:00:48.538
  • ♪♪♪
  • 00:00:48.538 --> 00:00:57.881
  • Behold the lamb of god,
  • 00:00:57.881 --> 00:01:01.217
  • Who takes away the sin of the world.
  • 00:01:01.217 --> 00:01:05.555
  • ♪♪♪
  • 00:01:05.555 --> 00:01:20.069
  • ♪ behold the lamb. ♪
  • 00:01:15.565 --> 00:01:23.740
  • ♪ upon the cross. ♪
  • 00:01:23.740 --> 00:01:27.210
  • ♪ who takes away. ♪
  • 00:01:27.210 --> 00:01:30.880
  • ♪ the sins of all. ♪
  • 00:01:30.880 --> 00:01:34.551
  • ♪ behold the lamb. ♪
  • 00:01:34.551 --> 00:01:38.121
  • ♪ his dying plea. ♪
  • 00:01:38.121 --> 00:01:41.658
  • ♪ behold the grace. ♪
  • 00:01:41.658 --> 00:01:45.261
  • ♪ of calvary. ♪
  • 00:01:45.261 --> 00:01:48.765
  • ♪ and on the cross. ♪
  • 00:01:48.765 --> 00:01:52.569
  • ♪ soon to be. ♪
  • 00:01:52.569 --> 00:01:55.939
  • ♪ the emblem of. ♪
  • 00:01:55.939 --> 00:01:59.509
  • ♪ a risen king. ♪
  • 00:01:59.509 --> 00:02:03.046
  • ♪ behold the king. ♪
  • 00:02:03.046 --> 00:02:06.449
  • ♪ he is higher. ♪
  • 00:02:06.449 --> 00:02:11.221
  • ♪ the lamb has been slain. ♪
  • 00:02:11.221 --> 00:02:16.259
  • ♪ we give you the glory. ♪
  • 00:02:16.259 --> 00:02:18.494
  • ♪ the lamb is slain. ♪
  • 00:02:18.494 --> 00:02:21.864
  • ♪ the fullness of god. ♪
  • 00:02:21.864 --> 00:02:24.834
  • ♪ it won't be kept in a grave. ♪
  • 00:02:24.834 --> 00:02:29.272
  • ♪ time is, your hour is over. ♪
  • 00:02:29.272 --> 00:02:33.409
  • ♪ no enemy can hold you down. ♪
  • 00:02:33.409 --> 00:02:36.813
  • ♪ 'cause there's no body in the grave now. ♪
  • 00:02:36.813 --> 00:02:40.350
  • ♪ one head is to wear that crown. ♪
  • 00:02:40.350 --> 00:02:43.987
  • ♪ 'cause there's no body in the grave now. ♪
  • 00:02:43.987 --> 00:02:47.757
  • ♪ no enemy can hold you down. ♪
  • 00:02:47.757 --> 00:02:51.227
  • ♪ 'cause there's no body in the grave now. ♪
  • 00:02:51.227 --> 00:02:54.864
  • ♪ one head is to wear that crown. ♪
  • 00:02:54.864 --> 00:02:58.401
  • ♪ 'cause there's no body in the grave now. ♪
  • 00:02:58.401 --> 00:03:02.839
  • ♪ no body in the grave now. ♪
  • 00:03:02.839 --> 00:03:10.346
  • ♪ he is alive, jesus is alive. ♪♪
  • 00:03:10.346 --> 00:03:15.718
  • Announcer: we all want to live a life of meaning and
  • 00:03:19.055 --> 00:03:21.090
  • Significance, but we often dream too small.
  • 00:03:21.090 --> 00:03:24.661
  • Jeffress: my friends david green, founder and ceo of hobby
  • 00:03:24.661 --> 00:03:27.930
  • Lobby, and bill high, ceo of legacy stone, have written a
  • 00:03:27.930 --> 00:03:32.635
  • Brand new book called "the legacy life."
  • 00:03:32.635 --> 00:03:35.538
  • Jeffress: you've said it in this book several times.
  • 00:03:35.538 --> 00:03:38.808
  • Legacy is not what you leave behind, it's what you set in
  • 00:03:38.808 --> 00:03:42.345
  • Motion for the future.
  • 00:03:42.345 --> 00:03:44.080
  • Jeffress: this book will challenge you to point your life
  • 00:03:44.080 --> 00:03:46.516
  • Heavenward and set in motion a legacy of eternal significance.
  • 00:03:46.516 --> 00:03:51.788
  • David green: bill, i've found that it's much easier to run a
  • 00:03:51.788 --> 00:03:54.190
  • Business, but having a family, a wife, children that serve the
  • 00:03:54.190 --> 00:03:57.627
  • Lord is much, much more difficult.
  • 00:03:57.627 --> 00:03:59.662
  • And that's who we are. we're not about hobby lobby.
  • 00:03:59.662 --> 00:04:01.964
  • We're about mission, vision, and values, and it's all based on
  • 00:04:01.964 --> 00:04:05.068
  • God's word, and that's what we're excited about.
  • 00:04:05.068 --> 00:04:07.303
  • Bill high: no matter what stage of life you're in, "the legacy
  • 00:04:07.303 --> 00:04:10.006
  • Life" will help you understand how to apply god's word and set
  • 00:04:10.006 --> 00:04:14.544
  • In motion a great legacy.
  • 00:04:14.544 --> 00:04:17.480
  • Announcer: request "the legacy life" when you give a generous
  • 00:04:17.480 --> 00:04:20.083
  • Gift to "pathway to victory" or when you become a pathway
  • 00:04:20.083 --> 00:04:22.785
  • Partner.
  • 00:04:22.785 --> 00:04:24.120
  • You'll also receive the powerful book by dr. jeffress, "choose
  • 00:04:24.120 --> 00:04:27.023
  • Your attitudes, change your life."
  • 00:04:27.023 --> 00:04:29.292
  • And when your ministry gift is $100 or more, we'll also send
  • 00:04:29.292 --> 00:04:32.862
  • You the "choose your attitudes, change your life" personal and
  • 00:04:32.862 --> 00:04:36.265
  • Group study guide, plus the complete teaching series on cd
  • 00:04:36.265 --> 00:04:40.002
  • And dvd and a set of attitude booster cards for
  • 00:04:40.002 --> 00:04:43.906
  • Your encouragement.
  • 00:04:43.906 --> 00:04:45.241
  • Thank you for supporting "pathway to victory."
  • 00:04:45.241 --> 00:04:47.744
  • ♪♪♪
  • 00:04:48.644 --> 00:04:54.217
  • Jeffress: if you have a place to sleep tonight
  • 00:04:54.217 --> 00:04:57.220
  • That's covered, you can be content.
  • 00:04:57.220 --> 00:05:00.890
  • Anything else is gravy added on top of that.
  • 00:05:00.890 --> 00:05:04.994
  • The key to spending is understanding the truth that
  • 00:05:04.994 --> 00:05:09.065
  • Wanting more is a key to becoming poor.
  • 00:05:09.065 --> 00:05:13.102
  • Third, and this is closely related, if we're gonna
  • 00:05:13.102 --> 00:05:15.872
  • Teach lessons to our children about god's view of money,
  • 00:05:15.872 --> 00:05:19.008
  • We need to teach them about debt, and here is the saying
  • 00:05:19.008 --> 00:05:22.545
  • I want you to write down.
  • 00:05:22.545 --> 00:05:24.680
  • If you don't want to fret, be careful of debt.
  • 00:05:24.680 --> 00:05:29.018
  • Say that with me.
  • 00:05:29.018 --> 00:05:30.353
  • If you don't want to fret, be careful of debt.
  • 00:05:30.353 --> 00:05:34.424
  • It's an important thing we've got to teach our children about,
  • 00:05:34.424 --> 00:05:37.160
  • And that is the dangers of debt.
  • 00:05:37.160 --> 00:05:40.730
  • I was reading this week that in 2016 770,000 americans
  • 00:05:40.730 --> 00:05:47.837
  • Filed for personal bankruptcy.
  • 00:05:47.837 --> 00:05:50.306
  • You say, well, how do i put that number in context?
  • 00:05:50.306 --> 00:05:54.143
  • What does that mean, 770,000 people filed
  • 00:05:54.143 --> 00:05:57.180
  • For personal bankruptcy?
  • 00:05:57.180 --> 00:05:59.515
  • During the great depression of the late '20s and the '30s,
  • 00:05:59.515 --> 00:06:06.189
  • One--less than one out of every 1,000 americans filed for
  • 00:06:06.189 --> 00:06:09.926
  • Bankruptcy during the great depression.
  • 00:06:09.926 --> 00:06:12.695
  • In 2016, over five out of every thousand americans file
  • 00:06:12.695 --> 00:06:19.202
  • For personal bankruptcy.
  • 00:06:19.202 --> 00:06:20.803
  • That means five times percentage-wise of americans
  • 00:06:20.803 --> 00:06:24.140
  • Are filing for bankruptcy in these times of prosperity
  • 00:06:24.140 --> 00:06:28.578
  • As were during the great depression.
  • 00:06:28.578 --> 00:06:32.215
  • And every one of those 770,000 bankruptcies is by a person
  • 00:06:32.215 --> 00:06:39.088
  • Who had the same problem.
  • 00:06:39.088 --> 00:06:41.090
  • He spent more money than he had, he used debt to create
  • 00:06:41.090 --> 00:06:45.862
  • An artificial standard of living.
  • 00:06:45.862 --> 00:06:48.731
  • And that's why the bible, although doesn't prohibit debt
  • 00:06:48.731 --> 00:06:52.268
  • In every circumstance, it says, "you better be very
  • 00:06:52.268 --> 00:06:55.071
  • Careful of debt."
  • 00:06:55.071 --> 00:06:56.873
  • Proverbs 22 verse 7 says, "the rich rules over the poor,
  • 00:06:56.873 --> 00:07:01.677
  • And the borrower becomes the lender's slave."
  • 00:07:01.677 --> 00:07:06.582
  • You see, debt is not because people aren't making enough
  • 00:07:06.582 --> 00:07:09.318
  • Money, just as i've shown you in these economic boom times,
  • 00:07:09.318 --> 00:07:12.889
  • People are going into the bankruptcy.
  • 00:07:12.889 --> 00:07:15.024
  • It is people spending more than they have income for.
  • 00:07:15.024 --> 00:07:18.895
  • It's having unrealistic expectations about spending and
  • 00:07:18.895 --> 00:07:22.298
  • That's why we have to be careful about debt.
  • 00:07:22.298 --> 00:07:24.934
  • Now, i think we've gotta be careful here to distinguish
  • 00:07:24.934 --> 00:07:28.170
  • Between good debt and bad debt.
  • 00:07:28.170 --> 00:07:31.941
  • There are some instances in which it makes sense
  • 00:07:31.941 --> 00:07:34.310
  • To borrow money.
  • 00:07:34.310 --> 00:07:35.945
  • A good debt, for example, might be buying a home.
  • 00:07:35.945 --> 00:07:38.848
  • Very few people could afford to pay cash for a home.
  • 00:07:38.848 --> 00:07:42.818
  • They take out mortgage understanding that hopefully
  • 00:07:42.818 --> 00:07:46.055
  • Over time that home maintains or even increases in its value.
  • 00:07:46.055 --> 00:07:51.427
  • Bad debt is borrowing money for items that depreciate,
  • 00:07:51.427 --> 00:07:56.632
  • Like your groceries, or clothing, or vacations,
  • 00:07:56.632 --> 00:08:02.104
  • That is bad debt.
  • 00:08:02.104 --> 00:08:04.407
  • Be careful of debt.
  • 00:08:04.407 --> 00:08:05.741
  • Proverbs 22 verses 26 and 7 says,
  • 00:08:05.741 --> 00:08:08.544
  • "do not be among those who give pledges,
  • 00:08:08.544 --> 00:08:11.347
  • Among those who become sureties for debts.
  • 00:08:11.347 --> 00:08:14.083
  • If you have nothing with which to pay,
  • 00:08:14.083 --> 00:08:16.819
  • Why should your lender take your bed from under you?"
  • 00:08:16.819 --> 00:08:20.356
  • I mean, "why would you go out," he says,
  • 00:08:20.356 --> 00:08:21.857
  • "and get into debt if a banker's gonna come in the middle
  • 00:08:21.857 --> 00:08:25.194
  • Of the night and snatch your bed from under you," i mean,
  • 00:08:25.194 --> 00:08:27.597
  • "who would do such a thing?"
  • 00:08:27.597 --> 00:08:29.298
  • And yet many people make that kind of foolish decision.
  • 00:08:29.298 --> 00:08:33.769
  • The problem with debt is that it allows us to artificially live
  • 00:08:33.769 --> 00:08:38.040
  • Above our income at least for a while until everything comes
  • 00:08:38.040 --> 00:08:42.578
  • Crashing down around us.
  • 00:08:42.578 --> 00:08:44.614
  • And you know what the greatest facilitator of debt is
  • 00:08:44.614 --> 00:08:47.650
  • In our country, what it is that makes it so easy?
  • 00:08:47.650 --> 00:08:50.086
  • The credit card, the credit card.
  • 00:08:50.086 --> 00:08:53.222
  • I was reading again this week, the average american has
  • 00:08:53.222 --> 00:08:56.759
  • 11 credit cards with an average balance of $5,700.
  • 00:08:56.759 --> 00:09:01.964
  • You say, "well what's the problem with that?"
  • 00:09:02.031 --> 00:09:03.933
  • There are two problems with credit cards you need
  • 00:09:03.933 --> 00:09:06.602
  • To warn your children about.
  • 00:09:06.602 --> 00:09:09.071
  • First of all, the obvious, the high interest rates that you pay
  • 00:09:09.071 --> 00:09:13.342
  • With a credit card.
  • 00:09:13.342 --> 00:09:14.710
  • Now let me illustrate what that does.
  • 00:09:14.710 --> 00:09:16.612
  • Let's just say you go out and you buy some appliances
  • 00:09:16.612 --> 00:09:19.448
  • And charge them on your credit card, $2,000.
  • 00:09:19.448 --> 00:09:22.518
  • And let's say that you make the minimum payment
  • 00:09:22.518 --> 00:09:25.421
  • On that credit card every month.
  • 00:09:25.421 --> 00:09:27.456
  • Do you know how long it will take you to pay off
  • 00:09:27.456 --> 00:09:29.058
  • That $2,000 debt?
  • 00:09:29.058 --> 00:09:31.127
  • Twenty-two years. twenty-two years.
  • 00:09:31.127 --> 00:09:35.231
  • And by the time you finally have paid off that credit card,
  • 00:09:35.231 --> 00:09:38.334
  • You would've paid $4,789.
  • 00:09:38.334 --> 00:09:42.838
  • That's $2,000 for the actual cost of the appliances,
  • 00:09:42.838 --> 00:09:46.809
  • $2,789 of interest.
  • 00:09:46.809 --> 00:09:52.114
  • That's why credit cards wanna get you enslaved.
  • 00:09:52.114 --> 00:09:54.750
  • That's why they send out 3 billion credit card
  • 00:09:54.750 --> 00:09:58.454
  • Applications every year.
  • 00:09:58.454 --> 00:10:00.656
  • And many of those are gonna go to your children who are
  • 00:10:00.656 --> 00:10:04.026
  • In college or young adults.
  • 00:10:04.026 --> 00:10:07.196
  • I mean, getting people hooked on credit cards is like getting
  • 00:10:07.196 --> 00:10:10.266
  • Them hooked on crack cocaine,
  • 00:10:10.266 --> 00:10:12.068
  • It's a habit that is not easily broken.
  • 00:10:12.068 --> 00:10:15.071
  • So one problem with credit card is the high interest rate,
  • 00:10:15.071 --> 00:10:18.240
  • But there's a second hidden problem that people don't think
  • 00:10:18.240 --> 00:10:20.643
  • About very often, and that's the dirty secret
  • 00:10:20.643 --> 00:10:23.979
  • Credit card lenders know.
  • 00:10:23.979 --> 00:10:26.248
  • And that is people spend more with a credit card than when
  • 00:10:26.248 --> 00:10:29.585
  • They're using cash.
  • 00:10:29.585 --> 00:10:31.220
  • Did you know, studies have shown that people spend anywhere from
  • 00:10:31.220 --> 00:10:34.290
  • 15% to 30% more when they're using a piece of plastic rather
  • 00:10:34.290 --> 00:10:38.961
  • Than using cash to pay for a purchase.
  • 00:10:38.961 --> 00:10:41.831
  • Now, let's just say you're one of those people who say,
  • 00:10:41.831 --> 00:10:43.966
  • "oh, i don't have any problem with credit cards.
  • 00:10:43.966 --> 00:10:46.469
  • I use credit cards, but i pay off the balance every month."
  • 00:10:46.469 --> 00:10:50.106
  • Well, let's just assume that's true and let's assume that
  • 00:10:50.106 --> 00:10:52.842
  • You put a $1,000 on your credit card because every month
  • 00:10:52.842 --> 00:10:56.278
  • For groceries or gasoline or so forth because you wanna earn
  • 00:10:56.278 --> 00:11:00.316
  • Those airline miles, or you have a discover card and you want
  • 00:11:00.316 --> 00:11:04.153
  • That 2% rebate, okay?
  • 00:11:04.153 --> 00:11:06.655
  • Let's say you spend a $1,000 a month,
  • 00:11:06.655 --> 00:11:08.390
  • That's 12,000 a year.
  • 00:11:08.390 --> 00:11:10.392
  • In two years, that would've been $24,000 you would've put
  • 00:11:10.392 --> 00:11:13.729
  • On your credit card.
  • 00:11:13.729 --> 00:11:15.498
  • You paid off the balance so you didn't pay any interest.
  • 00:11:15.498 --> 00:11:17.833
  • And guess what?
  • 00:11:17.833 --> 00:11:19.168
  • You've got a $500 airline ticket or you got $500 in cash
  • 00:11:19.168 --> 00:11:24.673
  • And you think, "i'm pretty smart to do such a thing."
  • 00:11:24.673 --> 00:11:27.710
  • Now think about it.
  • 00:11:27.710 --> 00:11:29.512
  • If that study is true, and let's take the low end,
  • 00:11:29.512 --> 00:11:32.715
  • You just spent 15% more than you would've spent had you been
  • 00:11:32.715 --> 00:11:37.486
  • Using cash.
  • 00:11:37.486 --> 00:11:38.821
  • That means you overspent by $3,600 in two years.
  • 00:11:38.821 --> 00:11:44.527
  • $3,600 in order to get a $500 airplane ticket or $500 cash.
  • 00:11:44.527 --> 00:11:50.800
  • Does anybody think that's a good investment?
  • 00:11:50.800 --> 00:11:53.269
  • That's why you have to be very, very careful of debt.
  • 00:11:53.269 --> 00:11:57.907
  • A good reminder is the way to keep from fretting is to stay
  • 00:11:57.907 --> 00:12:02.311
  • Out of debt.
  • 00:12:02.311 --> 00:12:03.646
  • If you don't wanna fret, be careful of debt.
  • 00:12:03.646 --> 00:12:06.882
  • Another area, and this is so important to teach our children
  • 00:12:06.882 --> 00:12:09.652
  • About, is the area of saving.
  • 00:12:09.652 --> 00:12:13.756
  • Saving money, putting aside money early in life.
  • 00:12:13.756 --> 00:12:17.793
  • Now here's the saying, i want you to write down,
  • 00:12:19.094 --> 00:12:21.931
  • "for a starbucks a day, you can be wealthy someday."
  • 00:12:21.931 --> 00:12:27.236
  • Say that with me, "for a starbucks a day,
  • 00:12:27.236 --> 00:12:30.272
  • You can be wealthy someday."
  • 00:12:30.272 --> 00:12:33.242
  • If you read through the book of proverbs,
  • 00:12:33.242 --> 00:12:35.077
  • There is one key solomon repeats over and over again for having
  • 00:12:35.077 --> 00:12:38.113
  • Financial security,
  • 00:12:38.113 --> 00:12:39.782
  • And that is to spend a little less than you earn
  • 00:12:39.782 --> 00:12:43.919
  • Over a long period of time.
  • 00:12:43.919 --> 00:12:45.888
  • If you'll do that, spend less than what you make over a period
  • 00:12:45.888 --> 00:12:49.458
  • Of time and put that margin away for the future,
  • 00:12:49.458 --> 00:12:52.695
  • You'll be financially secure.
  • 00:12:52.695 --> 00:12:54.430
  • Proverbs 21:20 says, "there is precious treasure and oil
  • 00:12:54.430 --> 00:12:59.435
  • In the dwelling of the wise, but a foolish man swallows it up."
  • 00:12:59.435 --> 00:13:03.772
  • Listen to me, the fool is somebody who spends everything
  • 00:13:03.772 --> 00:13:08.077
  • He earns or spends more than he earns.
  • 00:13:08.077 --> 00:13:11.180
  • It is a foolish, foolish thing to do.
  • 00:13:11.180 --> 00:13:14.617
  • The key to wisdom is to spend less than you earn
  • 00:13:14.617 --> 00:13:17.920
  • Over a long period of time.
  • 00:13:17.920 --> 00:13:19.722
  • And it doesn't have to be that much.
  • 00:13:19.722 --> 00:13:21.891
  • The price of a starbucks, let's say you know,
  • 00:13:21.891 --> 00:13:23.525
  • You're spending $4.50 or so on a starbucks five times a week,
  • 00:13:23.525 --> 00:13:30.799
  • Four weeks in a month, that's about $100.
  • 00:13:30.799 --> 00:13:34.670
  • What would happen if a 22 year old said,
  • 00:13:34.670 --> 00:13:37.973
  • "you know what?
  • 00:13:37.973 --> 00:13:39.308
  • I'm gonna take that a $100 and instead of giving it
  • 00:13:39.308 --> 00:13:41.644
  • To starbucks, i'm gonna put it in a mutual fund with an average
  • 00:13:41.644 --> 00:13:46.548
  • Investment return of 10% a year."
  • 00:13:46.548 --> 00:13:50.152
  • If a 22 year old started setting aside a $100 a month and never
  • 00:13:50.152 --> 00:13:55.791
  • Increased that at all, a $100 a month,
  • 00:13:55.791 --> 00:13:59.228
  • By the time he was age 67,
  • 00:13:59.228 --> 00:14:01.430
  • He would have over a million dollars,
  • 00:14:01.430 --> 00:14:04.767
  • And if he put that money into a roth ira,
  • 00:14:04.767 --> 00:14:08.070
  • It would be his tax-free.
  • 00:14:08.070 --> 00:14:10.572
  • That's $100 a month, a million dollars.
  • 00:14:10.639 --> 00:14:13.776
  • If he did $400 a month, it would be $4,000,000 tax-free.
  • 00:14:13.776 --> 00:14:19.415
  • Most people could get by on $4,000,000.
  • 00:14:19.415 --> 00:14:22.117
  • That'd be a nice sum of money.
  • 00:14:22.117 --> 00:14:24.119
  • It doesn't have to be a large amount of money,
  • 00:14:24.119 --> 00:14:26.221
  • But a small amount of money over a long period of time
  • 00:14:26.221 --> 00:14:29.091
  • Can make a difference.
  • 00:14:29.091 --> 00:14:30.426
  • Now i know what some of you are thinking.
  • 00:14:30.426 --> 00:14:31.961
  • You're thinking, "i can't even remember 22.
  • 00:14:31.961 --> 00:14:34.997
  • I wish somebody had told me this earlier.
  • 00:14:34.997 --> 00:14:37.199
  • I'll never see 22 again.
  • 00:14:37.199 --> 00:14:38.600
  • I'm 42."
  • 00:14:38.600 --> 00:14:39.935
  • Or "i'm 52. what am i supposed to do?"
  • 00:14:39.935 --> 00:14:42.771
  • Well, the fact is you can utilize the same principle.
  • 00:14:42.771 --> 00:14:45.174
  • You just have to put aside more money.
  • 00:14:45.174 --> 00:14:47.409
  • But there's great value in a little bit of money put away
  • 00:14:47.409 --> 00:14:50.446
  • For a long period of time.
  • 00:14:50.446 --> 00:14:53.082
  • Let me illustrate that for you. to me, this is fascinating.
  • 00:14:53.082 --> 00:14:55.818
  • And you can use this with your kids, by the way.
  • 00:14:55.818 --> 00:14:59.855
  • Let's say there're two people, sally and bill,
  • 00:14:59.855 --> 00:15:01.623
  • Who start work on the same day at the acme computer company.
  • 00:15:01.623 --> 00:15:05.794
  • The benefits coordinator explains to them that
  • 00:15:05.794 --> 00:15:07.763
  • They've got a 401k retirement plan
  • 00:15:07.763 --> 00:15:10.199
  • That they can invest a part of their salary in.
  • 00:15:10.199 --> 00:15:12.735
  • So sally, being smarter than bill--most women are smarter
  • 00:15:12.735 --> 00:15:16.572
  • Financially than men are-- let's just say that sally said,
  • 00:15:16.572 --> 00:15:19.775
  • "man, that sounds like a good deal.
  • 00:15:19.775 --> 00:15:21.243
  • I'm gonna put $1250 a year of my salary into this 401k plan."
  • 00:15:21.243 --> 00:15:26.648
  • Bill, on the other hand, says "that sounds good,
  • 00:15:26.648 --> 00:15:28.751
  • But i've got family responsibilities.
  • 00:15:28.751 --> 00:15:30.452
  • I've got kids.
  • 00:15:30.452 --> 00:15:31.787
  • Maybe some time in the future i'll do that,
  • 00:15:31.787 --> 00:15:33.455
  • But right now i won't."
  • 00:15:33.455 --> 00:15:35.024
  • So sally starts on day 1 and she puts $1250 a year into that.
  • 00:15:35.024 --> 00:15:40.596
  • At the end of eight years, she decides, "you know what?
  • 00:15:40.596 --> 00:15:43.198
  • I think i'm gonna be a full-time homemaker,"
  • 00:15:43.198 --> 00:15:45.000
  • And she resigns her job.
  • 00:15:45.000 --> 00:15:46.635
  • But, she leaves that money that she's invested up to that point,
  • 00:15:46.635 --> 00:15:51.673
  • $10,000 --$1250 a year times 8-- she leaves that $10,000
  • 00:15:51.673 --> 00:15:56.111
  • In her account, doesn't do another thing to it,
  • 00:15:56.111 --> 00:15:59.415
  • And it earns 8% a year for the next 22 years.
  • 00:15:59.415 --> 00:16:04.520
  • Now, the day that sally retires, her friend bill says,
  • 00:16:04.520 --> 00:16:07.923
  • "you know what?
  • 00:16:07.923 --> 00:16:09.258
  • Someday i'm probably gonna retire like sally.
  • 00:16:09.258 --> 00:16:10.859
  • Maybe today i oughta start investing in that plan."
  • 00:16:10.859 --> 00:16:14.296
  • And bill starts investing the same $1250 a year,
  • 00:16:14.296 --> 00:16:17.933
  • But instead of just for 8 years,
  • 00:16:17.933 --> 00:16:19.701
  • He does it for the next 22 years.
  • 00:16:19.701 --> 00:16:23.172
  • He's invested more than $27,000 as opposed
  • 00:16:23.238 --> 00:16:26.575
  • To sally's just $10,000 that she stopped investing
  • 00:16:26.575 --> 00:16:29.912
  • After she retired.
  • 00:16:29.912 --> 00:16:32.481
  • At the end of 30 years, who do you think will end up
  • 00:16:32.481 --> 00:16:35.484
  • With more money?
  • 00:16:35.484 --> 00:16:36.819
  • Sally who only invested $10,000 in the first 8 years,
  • 00:16:36.819 --> 00:16:40.823
  • Or bill who invested more than $20,000 over 22 years?
  • 00:16:40.823 --> 00:16:45.627
  • Interestingly, sally will end up with more money.
  • 00:16:45.627 --> 00:16:49.098
  • Even though she invested just for 8 years,
  • 00:16:49.098 --> 00:16:51.533
  • Because of the magic of compound interest she'll end up
  • 00:16:51.533 --> 00:16:55.170
  • With $74,000 while bill will have $71,000.
  • 00:16:55.170 --> 00:16:59.942
  • That's why it is so important we teach our children
  • 00:16:59.942 --> 00:17:02.744
  • To set aside money early in life.
  • 00:17:02.744 --> 00:17:05.614
  • It reminds me of david chilton's famous quote,
  • 00:17:05.614 --> 00:17:08.383
  • And that is,
  • 00:17:08.383 --> 00:17:09.718
  • "the best time to plant an oak tree is 20 years ago.
  • 00:17:09.718 --> 00:17:16.258
  • The second best time to plant an oak tree is today."
  • 00:17:16.325 --> 00:17:20.796
  • And we can tell our children the same way with saving money.
  • 00:17:20.796 --> 00:17:23.298
  • The best time to start setting aside for the future
  • 00:17:23.298 --> 00:17:26.802
  • As god's word commands us to is today.
  • 00:17:26.802 --> 00:17:30.672
  • Now we've talked about what the bible says about earning,
  • 00:17:30.672 --> 00:17:33.842
  • What it says about spending, about debt, about saving.
  • 00:17:33.842 --> 00:17:38.080
  • One final area: what does the bible say about giving?
  • 00:17:38.080 --> 00:17:43.552
  • What does it say about giving?
  • 00:17:43.552 --> 00:17:45.220
  • It has a lot to say about giving,
  • 00:17:45.220 --> 00:17:46.722
  • But here is a simple phrase i want you to remember.
  • 00:17:46.722 --> 00:17:50.259
  • Ready for it?
  • 00:17:50.259 --> 00:17:53.028
  • "don't be a clod, start giving to god."
  • 00:17:53.028 --> 00:17:57.399
  • I know that's not spurgeonesque, okay?
  • 00:17:57.399 --> 00:18:00.235
  • Not great oratory, but say it with me:
  • 00:18:00.235 --> 00:18:02.838
  • "don't be a clod, start giving to god."
  • 00:18:02.838 --> 00:18:07.309
  • Now, again, solomon was a little more eloquent.
  • 00:18:07.309 --> 00:18:10.779
  • He said it this way in proverbs 3:09 and 10:
  • 00:18:10.779 --> 00:18:13.182
  • "honor the lord from your wealth,
  • 00:18:13.182 --> 00:18:15.551
  • And from the first of all of your produce;
  • 00:18:15.551 --> 00:18:17.920
  • So that your barns will be filled with plenty,
  • 00:18:17.920 --> 00:18:20.522
  • And your vats will overflow with new wine."
  • 00:18:20.522 --> 00:18:24.326
  • There's all sorts of ways i could try to appeal to you
  • 00:18:24.326 --> 00:18:26.962
  • To give and to give generously.
  • 00:18:26.962 --> 00:18:29.665
  • I could cite the command of malachi 3:10 in which
  • 00:18:29.665 --> 00:18:33.402
  • God said "bring all of the tithes into the storehouse.
  • 00:18:33.402 --> 00:18:38.840
  • Will a man rob god?
  • 00:18:38.840 --> 00:18:41.610
  • But you are robbing me and withholding tithes
  • 00:18:41.610 --> 00:18:44.613
  • And offerings."
  • 00:18:44.613 --> 00:18:46.615
  • And that's a pretty strong word from god.
  • 00:18:46.615 --> 00:18:49.318
  • When you fail to god, god says it's like you hold a pistol
  • 00:18:49.318 --> 00:18:53.288
  • In his face and say, "god, stick 'em up.
  • 00:18:53.288 --> 00:18:56.024
  • I'm gonna steal from you."
  • 00:18:56.024 --> 00:18:58.393
  • That's what it's like when we don't give.
  • 00:18:58.393 --> 00:19:01.697
  • God says bring all of the gifts into the storehouse.
  • 00:19:01.697 --> 00:19:05.901
  • In the old testament, the storehouse was the temple.
  • 00:19:05.901 --> 00:19:09.204
  • In the new testament, god's storehouse is the local church.
  • 00:19:09.204 --> 00:19:13.475
  • The local church is the beginning place
  • 00:19:13.475 --> 00:19:17.279
  • For our most generous giving.
  • 00:19:17.279 --> 00:19:19.448
  • It's the only organization god created to carry out
  • 00:19:19.448 --> 00:19:22.951
  • His great commission.
  • 00:19:22.951 --> 00:19:24.820
  • I've heard people give testimony after testimony,
  • 00:19:24.820 --> 00:19:27.222
  • Christians who went through a time they weren't giving,
  • 00:19:27.222 --> 00:19:30.092
  • And they saw the devourer send emergency medical bills
  • 00:19:30.092 --> 00:19:35.330
  • They weren't expecting, unforeseen house
  • 00:19:35.330 --> 00:19:38.634
  • Or car repairs, other tragedies.
  • 00:19:38.634 --> 00:19:41.903
  • It's just like their money that they didn't give to god
  • 00:19:41.903 --> 00:19:44.806
  • Got eaten up.
  • 00:19:44.806 --> 00:19:46.408
  • You've heard those testimonies time and time again.
  • 00:19:46.408 --> 00:19:48.677
  • That's a strong motivation for not robbing god.
  • 00:19:48.677 --> 00:19:51.380
  • Or i could appeal to you on the basis of needs.
  • 00:19:51.380 --> 00:19:55.117
  • We love what's happening in our church.
  • 00:19:55.117 --> 00:19:57.219
  • We don't wanna starve our ministries.
  • 00:19:57.219 --> 00:19:59.021
  • We wanna continue to see god working.
  • 00:19:59.021 --> 00:20:01.023
  • We've got a great need for our new children's building.
  • 00:20:01.023 --> 00:20:04.226
  • I could appeal to you on the basis of need.
  • 00:20:04.226 --> 00:20:07.763
  • But today i wanna appeal to you on the basis of wisdom.
  • 00:20:07.763 --> 00:20:11.867
  • A wisdom about money we need to pass on to our children.
  • 00:20:11.867 --> 00:20:16.038
  • And the wisdom is this: there's coming a day
  • 00:20:16.038 --> 00:20:18.507
  • When our money will be absolutely worthless to us.
  • 00:20:18.507 --> 00:20:25.113
  • The bible says riches do not profit a man
  • 00:20:25.113 --> 00:20:27.849
  • On the day of judgment.
  • 00:20:27.849 --> 00:20:29.618
  • The day you die, the day i die,
  • 00:20:29.618 --> 00:20:32.688
  • Our money becomes absolutely worthless.
  • 00:20:32.688 --> 00:20:37.092
  • You know that word "death," thanatos,
  • 00:20:37.092 --> 00:20:40.128
  • Literally means separation.
  • 00:20:40.128 --> 00:20:42.230
  • The day of our death is not only the separation
  • 00:20:42.230 --> 00:20:44.700
  • Of our spirit from our body which we leave behind,
  • 00:20:44.700 --> 00:20:48.203
  • On the day of our death, we are separated from our money;
  • 00:20:48.203 --> 00:20:52.307
  • Everything we've ever earned is going to be left behind.
  • 00:20:52.307 --> 00:20:55.577
  • I've heard denzel washington say this week,
  • 00:20:55.577 --> 00:20:58.547
  • He's never seen a hearse pulling a u-haul before.
  • 00:20:58.547 --> 00:21:02.050
  • Just doesn't happen.
  • 00:21:02.050 --> 00:21:03.752
  • How much are you gonna leave?
  • 00:21:03.752 --> 00:21:05.420
  • Everything.
  • 00:21:05.420 --> 00:21:07.789
  • Riches profit not a man in the day of death,
  • 00:21:07.789 --> 00:21:10.625
  • And that is why it is so important that whatever we do
  • 00:21:10.625 --> 00:21:14.529
  • For god's kingdom, we do now.
  • 00:21:14.529 --> 00:21:17.899
  • Willard cantelon in his book "the day the dollar dies"
  • 00:21:17.899 --> 00:21:21.636
  • Illustrates that principle tremendously.
  • 00:21:21.636 --> 00:21:24.106
  • He tells this true story of a little german mother
  • 00:21:24.106 --> 00:21:27.442
  • Who wanted to assist in the building
  • 00:21:27.442 --> 00:21:29.811
  • Of a bible seminary on the outskirts
  • 00:21:29.811 --> 00:21:32.781
  • Of the destroyed city of frankfurt
  • 00:21:32.781 --> 00:21:35.217
  • Which had been bombed out in world war ii.
  • 00:21:35.217 --> 00:21:38.954
  • "she held her money with pride," he says,
  • 00:21:38.954 --> 00:21:41.089
  • "and tenderness as though it were a very part of her life.
  • 00:21:41.089 --> 00:21:44.559
  • She had earned her money through hard work and had
  • 00:21:44.559 --> 00:21:47.562
  • Constantly guarded it during the war's destructive years.
  • 00:21:47.562 --> 00:21:51.867
  • And now at the end of the war, she was investing it in a worthy
  • 00:21:51.867 --> 00:21:55.404
  • Cause, and beamed with pride as she offered her contribution."
  • 00:21:55.404 --> 00:22:00.542
  • The writer says, "how could i tell her
  • 00:22:00.542 --> 00:22:05.113
  • That she had held her money too long?
  • 00:22:05.113 --> 00:22:08.283
  • Why did it fall my light to shock this sensitive woman
  • 00:22:08.283 --> 00:22:11.186
  • With the news that her money was virtually worthless?
  • 00:22:11.186 --> 00:22:16.191
  • Why had she not read the morning paper or heard the announcement
  • 00:22:16.191 --> 00:22:19.728
  • That the new government in germany had canceled
  • 00:22:19.728 --> 00:22:22.731
  • This currency?
  • 00:22:22.731 --> 00:22:25.200
  • That day, that sunday in june of 1948,
  • 00:22:25.200 --> 00:22:29.104
  • A staggering number of germans committed suicide.
  • 00:22:29.104 --> 00:22:33.041
  • Millions lost their money, their savings,
  • 00:22:33.041 --> 00:22:35.844
  • Because the german mark had been canceled by their government.
  • 00:22:35.844 --> 00:22:40.315
  • If only she had exchanged her money for something
  • 00:22:40.315 --> 00:22:44.119
  • That would survive the coming economic collapse.
  • 00:22:44.119 --> 00:22:48.356
  • If this dear lady had brought her money sooner,
  • 00:22:48.356 --> 00:22:51.460
  • Those german marks could have helped pay for the renovation
  • 00:22:51.460 --> 00:22:55.096
  • Of the bible school or the tuition of the students.
  • 00:22:55.096 --> 00:22:58.467
  • Too bad that she had to hear those disappointing words,
  • 00:22:58.467 --> 00:23:03.572
  • 'madam, i'm awfully sorry, but i cannot accept your money.
  • 00:23:03.572 --> 00:23:10.378
  • It's worthless.'"
  • 00:23:10.378 --> 00:23:14.349
  • There's gonna be a day, ladies and gentlemen,
  • 00:23:14.349 --> 00:23:16.084
  • When we all hear those words.
  • 00:23:16.084 --> 00:23:18.887
  • On the day of our death, everything we've accumulated
  • 00:23:18.887 --> 00:23:22.524
  • Is deemed worthless.
  • 00:23:22.524 --> 00:23:25.827
  • Riches profit not a person in the day of judgment.
  • 00:23:25.827 --> 00:23:29.831
  • And that's why the best time to do whatever we're going to do
  • 00:23:29.831 --> 00:23:35.170
  • For god's kingdom is not later, but it's now.
  • 00:23:35.170 --> 00:23:41.676
  • Jeffress: i hope today's message has helped you recalibrate
  • 00:23:45.814 --> 00:23:48.416
  • Your personal feelings about money and the resources
  • 00:23:48.416 --> 00:23:51.653
  • God has entrusted to you.
  • 00:23:51.653 --> 00:23:54.289
  • Our money, whatever we've accumulated over a lifetime, has
  • 00:23:54.289 --> 00:23:57.993
  • An expiration date, and wise are those who invest in life-giving
  • 00:23:57.993 --> 00:24:02.430
  • Projects before our time on earth is done.
  • 00:24:02.430 --> 00:24:06.167
  • This is a fitting time for me to say thank you to those of you
  • 00:24:06.167 --> 00:24:08.837
  • Who have given generously in recent months to "pathway
  • 00:24:08.837 --> 00:24:10.338
  • To victory," especially our pathway partners, both
  • 00:24:10.338 --> 00:24:14.376
  • Old and new.
  • 00:24:14.376 --> 00:24:18.513
  • Over the past several years, our audience has grown many
  • 00:24:18.513 --> 00:24:20.315
  • Times over, and it's because faithful people like you
  • 00:24:20.315 --> 00:24:24.619
  • Have embraced the noble cause to let god's word shine as a beacon
  • 00:24:24.619 --> 00:24:29.124
  • Of hope and light in our culture.
  • 00:24:29.124 --> 00:24:31.726
  • Together, god is using our collective efforts to pierce
  • 00:24:31.726 --> 00:24:35.297
  • The darkness with the light of his word.
  • 00:24:35.297 --> 00:24:37.999
  • Now, stay right there, i'll be back with more
  • 00:24:37.999 --> 00:24:40.235
  • "pathway to victory" in just a moment.
  • 00:24:40.235 --> 00:24:42.737
  • Male announcer: each day, millions of lost people are
  • 00:24:44.339 --> 00:24:46.641
  • Searching for hope and truth.
  • 00:24:46.641 --> 00:24:48.677
  • Through "pathway to victory," god's word is reaching into
  • 00:24:48.677 --> 00:24:51.546
  • Homes across america and around the world, but there are still
  • 00:24:51.546 --> 00:24:55.150
  • So many who haven't heard the saving message of jesus christ.
  • 00:24:55.150 --> 00:24:58.753
  • You can help change that by becoming a pathway partner.
  • 00:24:58.753 --> 00:25:02.023
  • You'll join a dedicated team of broadcast missionaries who are
  • 00:25:02.023 --> 00:25:05.193
  • Sharing the gospel through television and radio.
  • 00:25:05.193 --> 00:25:07.896
  • Your monthly support will help reach people worldwide with the
  • 00:25:07.896 --> 00:25:11.566
  • Life-changing power of the cross.
  • 00:25:11.566 --> 00:25:14.102
  • Jeffress: whether you're a young adult graduating from
  • 00:25:15.737 --> 00:25:17.939
  • High school, a grandparent watching your children raise
  • 00:25:17.939 --> 00:25:21.509
  • Their own families, or somewhere in between,
  • 00:25:21.509 --> 00:25:24.746
  • I hope you've benefitted from today's lesson from god's word.
  • 00:25:24.746 --> 00:25:28.550
  • Money can be a powerful tool to benefit the kingdom of god,
  • 00:25:28.550 --> 00:25:32.487
  • But only if we handle it wisely.
  • 00:25:32.487 --> 00:25:35.924
  • Well, over the centuries people have conjured up some wild
  • 00:25:35.924 --> 00:25:38.793
  • Theories about heaven, so next time we're going to start
  • 00:25:38.793 --> 00:25:41.863
  • Debunking those myths and replacing our thoughts about
  • 00:25:41.863 --> 00:25:45.700
  • Heaven with the truth of god's word.
  • 00:25:45.700 --> 00:25:48.503
  • Stay tuned for a preview of our next series,
  • 00:25:48.503 --> 00:25:51.106
  • "a place called heaven."
  • 00:25:51.106 --> 00:25:54.075
  • Jeffress: the bible is the place we turn to find out, is heaven
  • 00:25:54.142 --> 00:25:57.846
  • A real place, or is it simply a state of mind?
  • 00:25:57.846 --> 00:26:02.150
  • Now, to whom should we turn to in the bible to find out if
  • 00:26:02.150 --> 00:26:05.820
  • Heaven is really real or not?
  • 00:26:05.820 --> 00:26:08.456
  • It seems like a good place to start would be with the only
  • 00:26:08.456 --> 00:26:12.060
  • Person who has actually lived in heaven and has come
  • 00:26:12.060 --> 00:26:16.564
  • To earth to tell us what is really there.
  • 00:26:16.564 --> 00:26:19.501
  • Announcer: set your dvr and join us next time
  • 00:26:19.501 --> 00:26:22.003
  • For the message "is heaven a real place,"
  • 00:26:22.003 --> 00:26:24.639
  • Here on "pathway to victory."
  • 00:26:24.639 --> 00:26:26.708
  • Announcer: experience a journey that will refresh your spirit
  • 00:26:28.476 --> 00:26:31.446
  • And renew your faith on the pathway to victory cruise to
  • 00:26:31.446 --> 00:26:34.683
  • Alaska, june 13-20, 2026.
  • 00:26:34.683 --> 00:26:38.286
  • Jeffress: sail aboard holland america's luxurious koningsdam
  • 00:26:38.286 --> 00:26:41.423
  • Through british columbia's beautiful inside passage.
  • 00:26:41.423 --> 00:26:45.226
  • From the pristine waters of glacier bay to the charming
  • 00:26:45.226 --> 00:26:48.630
  • Frontier towns of juneau, ketchikan, and skagway, you'll
  • 00:26:48.630 --> 00:26:52.901
  • Witness god's handiwork on full display.
  • 00:26:52.901 --> 00:26:56.371
  • Announcer: imagine standing on deck surrounded by towering
  • 00:26:56.371 --> 00:26:59.007
  • Glaciers and snowcapped mountains while enjoying
  • 00:26:59.007 --> 00:27:01.609
  • Powerful bible teaching from dr. jeffress.
  • 00:27:01.609 --> 00:27:04.446
  • Then enjoy spirit-lifting worship led by michael o'brien
  • 00:27:04.446 --> 00:27:08.183
  • And share plenty of laughter with dennis swanberg, america's
  • 00:27:08.183 --> 00:27:11.386
  • Minister of encouragement.
  • 00:27:11.386 --> 00:27:13.154
  • Jeffress: this is more than just a vacation.
  • 00:27:13.154 --> 00:27:15.290
  • It's a sacred pause to reconnect with the lord.
  • 00:27:15.290 --> 00:27:18.793
  • Announcer: to reserve your cabin on the 2026 pathway to victory
  • 00:27:18.793 --> 00:27:21.563
  • Cruise to alaska, call ... or visit ptv.org.
  • 00:27:21.563 --> 00:27:21.563