Dear Chuck,
I have plenty of money but no peace. What is there not to worry about right now? I have generalized stress about the economy, political divisions, cultural influences on my kids, wars, hatred… the list is long. How can I escape this spiral of non-stop worrying?
Anxious About Everything
Dear Anxious About Everything,
Thank you for your honesty. There is plenty to worry about through the lens that you are viewing the world.
We’re witnessing societal unrest (turmoil) from people whose meaning and purpose in life are linked to current events. Pessimism is rampant. Journalists, who get paid by the size of their viewership, are filling the airwaves with doom and gloom, which is creating fear, uncertainty, and anger. If you watch TV, read the news, or listen to podcasts, you will see and hear people who are anxious, devoid of joy, filled with fear, and possibly even paranoid. Their emotions are spilling over into acts of hatred and violence.
Grumbling
Like the Israelites who were rescued from slavery in Egypt, many within our population are fixated on what they perceive to be their losses. Their grumbling outweighs their gratitude.
“Now the rabble (disorderly mob) that was among them had a strong craving. And the people of Israel also wept again and said, ’Oh that we had meat to eat! We remember the fish we ate in Egypt that cost nothing, the cucumbers, the melons, the leeks, the onions, and the garlic. But now our strength is dried up, and there is nothing at all but this manna to look at.’”
(Numbers 11:4–6 ESV, parentheses mine)
Seeing Through God’s Lens
Rather than dwelling on God’s miraculous rescue and His abundant provision, they chose to focus on what they missed. Instead of giving thanks for the day’s gift, they were trapped in discontentment and projecting a future of deprivation.
Regardless of the actions of any government, believers must place their hope and dependence on God. Filled with the Spirit of God, we can be strong and courageous, knowing that the Lord our God is with us. Our hope is not in this world but in the world to come.
We may be tested and even suffer financially. Or we may prosper! Only God knows the future. Our responsibility is to obediently follow Him and live in such a way that we reflect the source of our hope to the anxious world that has no hope.
As the Apostle Paul said, “I have learned in whatever situation I am to be content. I know how to be brought low, and I know how to abound. In any and every circumstance, I have learned the secret of facing plenty and hunger, abundance and need. I can do all things through him who strengthens me.” (Philippians 4:11b–13 ESV)
The writer of Hebrews said, “Keep your life free from love of money, and be content with what you have, for he has said, ’I will never leave you nor forsake you.’” (13:5 ESV) The implication is that money is temporary, but our relationship with God is eternal.
Biblical Solutions to Fight Off Anxiety
We have so much here to be thankful for. Yet, without an attitude of gratitude, many bring mental suffering upon themselves and others. I conclude that they are:
Is it productive to worry about possible financial scenarios? No! Worry is like a rocking chair; you are constantly expending energy but getting nowhere.
Instead, follow God’s financial principles and do your part in diligently preparing as He directs. Do not depend on the government for your financial security. Do not place your identity in a job or company. Do not spend more than you make; make necessary sacrifices to get your house in order.
Direct any spun-up emotion into productive activities so that you can “laugh at the days to come,” like it says in Proverbs 31:25b. With your confidence placed fully in the Lord, you can ask Him for wisdom to protect your home and business financially.
Take These Actions Every Day
Pray: John 15:7
Trust: Proverbs 3:5–6
Depend on God: Philippians 4:19
Walk by the Spirit: Galatians 5:16–26
Suffer well: Romans 5:1–5
Give thanks: 1 Thessalonians 5:16–18
Prepare to defend your hope: 1 Peter 3:14–17
Rest Your Mind
God will give each of us problems that money cannot solve, but He will also give us true riches that money cannot buy. We can be anxious about our problems, or we can be joyful about all that we do have, even when we are suffering.
“You keep him in perfect peace whose mind is stayed on you, because he trusts in you.”
(Isaiah 26:3 ESV)
“Count it all joy, my brothers, when you meet trials of various kinds, for you know that the testing of your faith produces steadfastness. And let steadfastness have its full effect, that you may be perfect and complete, lacking in nothing.”
(James 1:2-4 ESV)
Are you interested in receiving encouraging ministry updates from around the world? Do you want more tools and tips on financial stewardship? Sign up to receive the Crown Newsletter emails by using the form on the homepage at Crown.org.
This article was originally published on The Christian Post on April 4, 2025
Dear Chuck,
My husband and I have lived frugally since getting married ten years ago. We’ve been paying off student loans, cars, and credit card debt. I’d like to use our tax refund for a vacation, but my husband insists that we pay off more debt.
Divided Over Tax Refund
Dear Divided Over Tax Refund,
Congratulations on the perseverance demonstrated by paying down your debt. I agree it can get tiring, old, and even depressing. That is why it is essential that you focus on the goal and give thanks for a husband who cares enough to protect your financial situation. At the same time, there needs to be room for some celebration that meets both of your objectives.
Affordable Celebrations
Find ways to celebrate how far you’ve come without blowing through the refund. Maybe your dream vacation can be postponed until more debt is reduced. In the meantime, consider alternative ways that will not cost money but will bring you joy together. Time spent in nature hiking, biking, and picnicking can be rejuvenating physically and emotionally. I have friends who love to hike and bike in the Smoky Mountains. Others take hammocks, books, and a picnic to relax. Perhaps you prefer pickleball, tennis, public gardens, museums, camping, etc.
Avoid Going Crazy
Unfortunately, many people fail to realize the importance of stewarding their tax refund. An article at Credit Karma says Americans blow their refunds like it’s free money. Results of a study conducted on their behalf revealed that by this time last year, “more than a quarter reported they already used or plan to use their refund to splurge on things they otherwise wouldn’t buy such as clothing and accessories (45%), electronics (40%) and shoes (37%). This trend was more pronounced among younger generations with 39% of Gen Z and 36% of millennials admitting plans to splurge.”
Here are just a few ways people (in debt) foolishly spend their refunds:
Good Stewardship of Your Refund
These are my three suggestions regarding tax refunds for people in debt:
Stay United
Whether debt is an issue or not, this article explains how to put a refund to good use. More important than what you do with the money is how you work to stay united as a couple. A tax refund is money the government owes you. It is not a gift or financial windfall. It is money
you worked for, so wisely put it to work for you. Your husband may already have a plan to maximize your return. Be honest with each other, consider all your options, pray, and ask the Lord to bring you to an agreement. I hope the two of you will ask the Lord to bless your efforts and unite your hearts with common goals. Hopefully, these ideas are a starting point for your unified approach.
Commit your work to the Lord, and your plans will be established.
Proverbs 16:3 ESV
If you need extra help in making a plan to pay off credit card debt, consider reaching out to Christian Credit Counselors, a trusted partner of Crown. They are a valuable resource to help consolidate debt and get on the road to financial freedom.
This article was originally published on The Christian Post on March 28, 2025.
Dear Chuck,
We have a young child with disabilities. Can you advise us on how to prepare financially for her care?
Special Care Needed
Dear Special Care Needed,
For the many friends that I have who love and care for their child (or children) with special needs, there are additional financial, emotional, and, at times, spiritual burdens. Some have questioned God, and some have been able to rejoice that they were chosen to be faithful stewards of God’s very special, unique, and marvelous creations. I have been blessed to hear their testimonies that celebrate the faithfulness of God to bless their families in ways that would have never happened without the child God entrusted to their care. I am so glad you are preparing financially for their long-term needs.
Your situation is far from uncommon. I researched the prevalence of people living with disabilities in the US. The research will provide some helpful context.
Making Plans
It is important to make financial plans so you can take care of the entire family while also setting reasonable goals to ensure your child gets quality care. It is equally important that you have people to call on and resources to handle the additional demands on your life.
According to the National Institutes of Health, the yearly cost of raising a child with disabilities in 2001 was $8,742. The estimate for 2025 is nearly $16,000. According to a 2020 study, a household containing an adult with a disability that limits their ability to work requires an average of 28% more income.
Raising a child with autism spectrum disorder can cost at least twice as much as raising a typically developing child. M&L Special Needs Planning reports that lifetime expenses for these children can reach $3.2 million, depending on circumstances. In some cases, government assistance is available.
Don’t allow these estimates and large numbers to overwhelm you. God is our Provider. He is faithful to meet the challenges and needs of each day.
Financial Challenges
Best Practices
Discover Resources and Financial Aid
An ABLE account is a savings and/or investment option for people with disabilities who qualify. It falls under Section 529A of the Internal Revenue Service tax code. The ABLE Act allows a person whose disability began before age 26 to save money in the ABLE account without affecting most federally funded benefits based on need. (Note that on January 1, 2026, the age of ABLE eligibility will be expanded to include people with a disability that began before age 46.) The money in the account may be used to pay for qualified disability expenses (QDEs). Any growth in the account from investments is not taxed and does not count as income if the funds are used for QDEs.
These accounts:
SSI provides monthly payments to people with disabilities and older adults who have little or no income or resources. Payments are subject to multiple factors but should be a consideration.
If your child with a disability is uninsured, needs additional services, or needs wrap-around Medicaid coverage to help with finances and uncovered services, your child probably needs a Medicaid waiver or program. These programs waive one or more Medicaid rules in order to extend eligibility and/or services to children. For children, the most common rule to be waived is the way income is calculated, meaning the program is based on the child’s income instead of the family’s income. Since most children don’t have any income, these programs allow the vast majority of children to qualify, regardless of how much money their parents make.
Your Local Church
Reach out to your local church. If it does not have a program serving families like yours, consider initiating the conversation to educate and make the need known. Request help from trustworthy friends and community programs. Joni & Friends has been serving people with disabilities since 1979. They offer practical help along with the saving love of Jesus.
Be Strong and Persevere
Raising a special child takes humility, strength of character, and dependence on others, primarily the Lord. He entrusted you with the child and will strengthen you for the days ahead. When you don’t know what to do, run to Him, remembering the words from James 1:5:
If any of you lacks wisdom, let him ask God, who gives generously to all without reproach, and it will be given him. (ESV)
There will be days you will have to depend on Him for mercy and strength to carry on. He promises to supply your needs. Despite the challenges you may face, know that He is with you, He loves you, and He will not forsake you.
Not only that, but we rejoice in our sufferings, knowing that suffering produces endurance, and endurance produces character, and character produces hope, and hope does not put us to shame, because God’s love has been poured into our hearts through the Holy Spirit who has been given to us. (Romans 5:3–5 ESV)
My hope is that these few directives will provide you with direction, encouragement, and helpful resources. Thank you for your question. Blessings to you and your special family.
I’d like to invite you to join a free Crown Bible study on the YouVersion app. We have several devotionals regarding money and stewardship that will provide encouragement by bringing God’s Word into your daily life.
This article was originally published on The Christian Post on March 21, 2025.
Dear Chuck,
Should I participate in my company’s offer of a Health Savings Account? I don’t get sick often and feel it is too expensive.
Help with HSA
Dear Help with HSA,
A Health Savings Account (HSA) is a great way to manage the cost of healthcare. If you are qualified and able, I suggest that you take advantage of the opportunity; however, there are some possible downsides.
The program was established for those who elect to have high deductibles on their health insurance coverage. The idea is that high deductible coverage lowers the cost of being insured but requires more out-of-pocket cash when the insurance coverage is needed. Thus, an HSA account allows for automated savings to be used when cash is needed to cover the higher deductibles.
Imagine that you elect to have a $5,000 deductible on your health insurance policy to bring your monthly premium payments down. This means you will need to be ready to pay up to $5,000 out of pocket when you have a medical procedure. An HSA is intended to help you have this amount set aside.
How It Works
The program is an automated savings vehicle for funds that are deposited into a restricted-use account for future medical needs. You set the amount from payroll deductions. The amount is tax-exempt, which is a significant benefit over a personal savings account. Even though you may not presently use it often, the funds can be invested to grow and increase for future needs as you age.
HSAs cover certain medical expenses while helping you save money and strengthen retirement planning. The rising cost of healthcare in America warrants wise building and management of this asset.
Currently, HSAs are only available to those with a high-deductible health plan. They are so beneficial that Senator Rand Paul wants to expand the qualifications so that everyone can have access. He is sponsoring the Health Savings Accounts for All Act. I hope it passes so more people can participate.
HSA Facts
Eligibility is denied if you are:
To contribute in 2025, you must be enrolled in a high-deductible health plan of at least $1,650 for self-coverage and $3,300 for family. Total out-of-pocket costs are limited to $8,300 for self-only or $16,000 for a family.
In 2025, you can contribute $4,300 to an HSA if single or $8,550 if you have family coverage. At age 55, you can make catch-up contributions of an additional $1,000 if not enrolled in Medicare. The 2024 tax deadline for contributing to your HSA for 2024 is April 15. Contributions for 2024 are $4,150 (single) and $8,300 (family).
Prior to using your HSA, make sure you understand the eligible and ineligible expenses. Keep good records, and track your contributions to claim eligible deductions to make tax filing easier.
Some Words of Caution
Contributing to an HSA does not eliminate the need for an Emergency Savings account or setting aside money for retirement. You don’t want to make contributions to a restricted, tax-exempt account only to find you have to withdraw the money for another emergency. You will face the possibility of penalties and lose any advantages you may have initially gained.
Prioritize establishing a minimum of three months of living expenses in your Emergency Savings account before you begin contributing to your long-term retirement accounts or an HSA.
Money contributed to an HSA can remain in cash and money market accounts or be invested in mutual funds. If you invest it, know that it is at risk of decreasing in value. Your health issues and age are determining factors in planning. If you anticipate the need for funds in the near future, you may want to avoid possible loss due to market volatility and stick with cash or money market funds. Research your options because fees, interest rates, and investment options vary. I recommend seeking wise counsel from several sources. For more information, check the pros and cons at Bankrate, Wallethub, and Investopedia.
Those with high medical needs may benefit from plans with lower deductibles and copays, which would presently disqualify you from participating in an HSA. Each person must seek the route that best suits their unique needs and, ultimately, the Lord for guidance in decision-making.
With God are wisdom and might; he has counsel and understanding.
Job 12:13 ESV
This is an update to an HSA article from 2017.
For help with budgeting so that you can begin saving more, consider a Crown budget coach. He or she can work with you to develop a customized spending plan and debt-elimination strategy.
This article was originally published on The Christian Post on March 7, 2025.
Dear Chuck,
I got some crazy tattoos while in the Marine Corps when I was single. Now my wife wants me to get rid of the ones she does not like. I tell her that besides being super painful, it is a waste of our money. Any advice?
Split over Tattoos
Dear Split over Tattoos,
Your wife is certainly not alone in her position. This topic is front and center since tattoos have gone mainstream over the past decade. In the US alone, about $1.5 billion was spent on tattoos in 2024.
Tattoo Regret
The trend on social media called “tattoo regret” is leading many to consider removal. Comedian and former “Saturday Night Live” cast member, Pete Davidson, has been in the process of “burning” off most of his 200 tattoos. He describes the experience as “horrible.” Regardless, the removal market has grown exponentially due to the availability of safe options. $478 million was spent in 2019, and over $1 billion was spent in 2024. An estimated $3.57 billion is projected to be spent by 2032, according to Allied Market Research.
Reasons for tattoo removal:
Types of Removal
Since tattoos are designed to be permanent, complete removal is difficult. Skin color variation and scarring may occur regardless of the method used to eradicate the tattoo. Methods vary due to size, color, age, location, and clinician or physician’s experience. The following may be used: laser, dermabrasion, surgical excision, subcutaneous injections, chemical peels, and removal creams.
Here are some evolving removal processes:
They deliver energy pulses in trillionths of a second, breaking down ink into tiny particles that are easier for the body to naturally eliminate. Less scarring occurs, and fewer sessions are required, thus reducing costs.
These treatments are customized based on the colors and depths of the ink. The risk of skin damage is minimized, making it safer for varied skin tones.
Unique needs are met with this data-driven approach that maximizes effective treatments and minimizes discomfort and side effects. It can analyze before-and-after images, effectiveness, and needed adjustments.
Cryogen-based and air-cooling systems are used to numb the skin before and during laser treatment. Topical anesthetics are becoming more effective and giving longer-lasting relief. Virtual reality (VR) is being researched by some clinics to distract clients from discomfort during treatments.
Cost of Removal
According to the American Society of Plastic Surgeons, the average cost of laser removal is around $700. However, additional fees must be considered: facility, surgeon, and anesthesia fees, medical tests, and prescriptions. Also, many trips are required, and healing time out of the sun is necessary, which may cut into your work hours or vacation time. Some estimate that the removal of many tattoos can spiral up to hundreds of thousands of dollars before they are all removed.
See a cost chart here: https://www.healthline.com/health/tattoo-removal-how#methods.
See a cost calculator here: https://ctrlcalculator.com/misc/tattoo-removal-cost-calculator/.
To Remove or Not to Remove?
The story of Pete Davidson is worthy of consideration. He spent more than $200,000 over a multi-year period to completely remove his tattoos. His advice is to make sure you really want to get it in the first place!
If it is just a few tattoos your wife finds offensive, consider the cost, save the money to be able to afford it, and honor her requests. The best solution is the one that brings peace to you and your spouse. Explore the data I have provided, and do your own research. Then the two of you will need to discuss, pray, and make a unified final decision. Thanks for the question.
If credit card debt is another regret, Christian Credit Counselors is a trusted partner of Crown. They are a valuable resource to help consolidate debt and get on the road to financial freedom.
Dear Chuck,
Our “Dear Leader” Elon Musk seems to have taken over the federal government. Are you concerned yet?
No Fan of DOGE
Dear No Fan of DOGE,
Today’s question is taken from an actual offline conversation I had with a friend who sarcastically used the term “Dear Leader” to refer to Elon Musk. We ended up in a polite and meaningful exchange over whether the Department of Government Efficiency (DOGE) is a blessing or a curse. I decided to provide a more thoughtful reply for the many who may be wrestling with the same concerns.
Egotistical Dictator or Heroic Innovator?
Referring to anyone as “Dear Leader” is typically used to criticize a government official or political leader, suggesting authoritarianism, excessive control, or a cult of personality. The phrase is most famously associated with Kim Jong-il, the former dictator of North Korea. His leadership was characterized by extreme propaganda, strict control over citizens, and suppression of dissent. Having studied the motivations and methods of economies ruled by authoritarian leaders, this comparison falls flat because the goals of DOGE are exactly the opposite. Elon Musk has been tasked as a non-compensated, non-employee to provide technology tools to identify fraud, waste, and abuse of government funds. He has aptly framed the challenge as an effort to empower the people (taxpayers like you and me) vs. bureaucratic engines that have operated without real accountability for the stewardship of taxpayer funds.
To better understand the man and his modus operandi, I will refer to Walter Isaacson’s 2023 authorized biography entitled Elon Musk. I read the book with great interest as soon as it was released, which was well before Elon became actively involved in President Trump’s reelection campaign. The famed journalist and best-selling biographer followed Elon for two years, interviewing his friends, family, and adversaries. I found the book surprisingly transparent and balanced.
The book chronicles Elon’s sweeping achievements through investing in or leading modern companies that disrupted the status quo in multiple industries, ranging from online payments (PayPal) to automobile manufacturing (Tesla) to tunnel boring (The Boring Company) to satellite-based internet service (Starlink) to transforming the social media platform formerly known as Twitter (X.com) to the most successful private rocket venture in history (SpaceX). While pointing to his unparalleled commercial successes (which made him presently the richest man on the planet), the book does not attempt to gloss over his immoral lifestyle and challenging personality. Elon is able to quickly identify and focus on the key challenges, solve them, and move on to the next. He is generally impervious to what others think of him and has been known to fire employees on the spot without concern for their feelings throughout his storied career.
My key takeaway from the book, which is relevant to the question at hand, is the method Elon developed to create these remarkable, powerful ventures. He suffered enormous stress while attempting to save Tesla (currently one of the most valuable automobile companies in the world) from bankruptcy and created what he now calls his “algorithm” to solve complex problems.
Things happening with DOGE will become much clearer by looking at an abbreviated format of his algorithm (quotes taken from Isaacson’s book):
Here are some ancillary thoughts and principles regarding Elon’s management approach:
Staving Off Bankruptcy for Uncle Sam
In 1994, Crown’s late founder, Larry Burkett, wrote a nationwide best-selling book titled The Coming Economic Earthquake. It warned of the dangers of an economic collapse if our federal government was unable to control its spending and borrowing. He called for better stewardship of our national assets for the benefit of every American. Saving our nation from fiscal ruin should not be a partisan issue. Musk, who happens to be the largest individual taxpayer in American history, with an estimated $11,000,000,000 (11 billion) in taxes paid, has voiced the same concerns.
Elon has openly stated many times that he believes America is on the path to bankruptcy—and quickly. If you are paying close attention, he is not exaggerating his concerns:
“America is headed for de facto bankruptcy very fast,” Musk posted to X, quoting a warning from a finance account: “The U.S. government is on pace to spend about $1.4 trillion for interest payments on the $36 trillion in debt during 2025. That will be about 28% of all government revenue going to interest payments.”
The consequences of a collapse of the US Dollar would have far more devastating and lasting consequences than the temporary pain and turmoil being caused by the painful and abrupt reduction in the largesse of our federal bureaucracy.
America has long needed to gain control of our runaway federal spending and subsequent debt and return to a place of real credibility in the “good faith and credit of Uncle Sam.” Traditional efforts to adopt a bipartisan “austerity plan” in which the federal budget is tightened, we learn to live within our means, and we collectively work toward paying down our $40,000,000,000,000 (40 trillion) of debt have failed. We have all heard it talked about, hotly debated, and even feebly attempted, but no meaningful action resulted—until now.
While unorthodox and unsettling to some, Elon’s “algorithm” is the basis of how DOGE is approaching the seemingly impossible task of steering the American government away from the cliff of national bankruptcy. It has worked for him repeatedly in business, and now he is using this approach in government—something most never expected would happen.
Elon Musk has put everything on the line to fix a massive problem. Saving the nation from bankruptcy could be the single greatest achievement of Elon Musk’s life. It may not only save America, but in the long term, it will also bless every citizen, every creditor of our nation, and every freedom-loving country that depends on us for economic prosperity and national security. If we survive and prosper, millions around the world will also survive and prosper. If this ship sinks, we are in the boat together.
He is not a perfect man nor a “Dear Leader.” He is, however, a courageous man willing to take the stress, heartache, rejection, and hatred necessary to attempt to save us from our fiscal madness. For that, we should be grateful, without placing our faith and confidence in a man, regardless of their achievements.
“Some trust in chariots and some in horses, but we trust in the name of the LORD our God.”
Psalm 20:7 ESV
Most of us can agree this fiscal exercise is necessary, but it does come with a painful human toll. Some will experience loss, grief, and career displacement. For those, we should be empathetic. Believers should demonstrate genuine compassion to those suffering job or funding loss, shock, and fear. Neither good stewardship of our national funds nor compassion for our neighbors should be a partisan issue.
Do you want more tools and tips on financial stewardship? Are you interested in receiving ministry updates from around the world? Sign up to receive the Crown Newsletter emails by using the form on the homepage at Crown.org.
This article was originally published on The Christian Post on February 21, 2025
Dear Chuck,
I’m a small business owner concerned about the decline in real friendships. My business is built on them, but most of my young staff think social media is enough. Have you ever written about friendships and business growth? If so, where?
Friends Are Priceless
Dear Friends Are Priceless,
What a great topic! I have never written about this but totally understand your concern and correlation to business. I have asked my staff to do some research on your questions.
While friendships are personal and often a challenge to realistically quantify, we are witnessing some of the harmful effects in our society of mandatory COVID isolation, remote schooling, and work-from-home situations. Plus, for some, technology has become a substitute for human relationships. As a result, many do not know what they are missing.
Friendships are a blessing from God that enriches our lives. They bring happiness, wisdom, encouragement, and laughter while stretching us to be our best. They comfort us during stressful times and bolster us with courage when fear threatens peace. They add a level of accountability and discipleship to our lives. I have always said that my true friends multiply my joy and divide my sorrow.
God said, “It is not good for man to be alone.”
God, our Creator, knew that we needed companionship. We are designed to live in fellowship with Him, our spouse, our family, and each other. These relationships are the source of our true riches, which are all the things money cannot buy.
The number of friends is less important than the quality of friends. Research shows that the average person has three to five very close friends, 10 to 15 people in their circle, and 100 to 150 acquaintances in their social network. Close friends are those you can trust with anything and vice versa. For believers, these relationships will make you a better person. They are those who willingly speak truth into your life and expect the same of you; they are those with whom you can be completely transparent without the worry that they will reject you.
Science-Backed Benefits of Quality Friendships
Make you healthier
Make you happier
Make you feel safe
Strengthen immunity
Improve mental health
Are associated with a longer life
Linked to financial strength
Expert Tips for Making Friends
Tracey Brower PhD: “Make strategic investments of your time to enhance your sense of belonging. When you reach out to initiate activities, open up and also support others, you’ll achieve terrific friendships and fulfillment—leading to experiences of closeness and wellbeing.”
Marisa G. Franco Ph.D.: “When you assume people like you, you are friendlier, and the more they really will like you. Affirm, compliment, and praise others for what you appreciate about them or something they said. It wins friends.”
Jane Story at The Gospel Coalition: “We all want to be known and loved.… Initiate and respond.… Listen and ask questions.… Move toward difficult things.… The real secret sauce of the deepest relationships is their endurance through tough things.… You’ve got to lean in… even if you have no words to say…. It’s more important to show up and feel uncertain than it is to be perfect.… It is because we are already loved and secure that we can offer friendship to others. Extend the love of Christ to those around you. Lifelong friends will appear.”
If you desire to get to know someone better, invite them to:
Run errands with you.
Walk or work out.
Volunteer with you.
Attend a community event, museum, arboretum, lecture, etc.
Have coffee with the goal of getting below the surface.
Attend a small group or Sunday School class with you.
Shop and share bulk products.
Financial Benefit of Friendships
Social skills are a key determinant of wealth because they are necessary to effectively interact with people. There’s a saying, “Your network is your net worth.” Friends impact our financial health in a number of ways: when seeking employment or a career change, for counsel about handling money or running a business, and to connect to a broader network of individuals. They pray with and for us, encourage us, sharpen us, lend a helping hand, and strengthen us. You never know how a friend of a friend can help in time of need.
What the Bible Says About Friendships
One of the greatest examples of friendship we read about in the Bible is between David and Jonathan. 1 Samuel 18:1 says that “the soul of Jonathan (the son of Saul) was knit to the soul of David, and Jonathan loved him as his own soul.” (ESV, parentheses mine)
John 15:13: “Greater love has no one than this, that someone lay down his life for his friends.” (ESV)
Proverbs 17:17: “A friend loves at all times, and a brother is born for adversity.” (ESV)
Proverbs 27:9: “Oil and perfume make the heart glad, and the sweetness of a friend comes from his earnest counsel.” (ESV)
Ecclesiastes 4:9–12: “Two are better than one, because they have a good reward for their toil. For if they fall, one will lift up his fellow. But woe to him who is alone when he falls and has not another to lift him up! Again, if two lie together, they keep warm, but how can one keep warm alone? And though a man might prevail against one who is alone, two will withstand him—a threefold cord is not quickly broken.” (ESV)
Luke 6:31: “And as you wish that others would do to you, do so to them.” (ESV)
Proverbs 18:24: “A man who has friends must himself be friendly. But there is a friend who sticks closer than a brother.” (NKJ)
Proverbs 18:1: “Whoever isolates himself seeks his own desire; he breaks out against all sound judgment.” (ESV)
Proverbs 22:24–25: “Make no friendship with a man given to anger, nor go with a wrathful man, lest you learn his ways and entangle yourself in a snare.” (ESV)
Thank you for the great question. I hope you will share this with your staff too.
I’d like to invite you to join a free Crown Bible study on the YouVersion app. We have several devotionals regarding money and stewardship that will provide encouragement by bringing God’s Word into your daily life.
This article was originally published on The Christian Post on February 14, 2025.
Dear Chuck,
Valentine’s Day seems bogus to me; yet I’m feeling the pressure to do something special. Any tips for someone who is broke?
Broke on Valentine’s Day
Dear Broke on Valentine’s Day,
I feel your pain, having been exactly there a few times in my past. While the holiday may seem bogus to you, it may not be to the one you love. So many feel the pressure to go all out on gifts for Valentine’s. Bombarded with advertisements, it is easy to spend far more than one can truly afford.
Last year, total spending for Valentine’s Day approached $26 billion! The average American spent $136 on significant others and family members. Most money went toward jewelry, but candy or flowers were purchased more than anything else. Gifts were also purchased for pets, classmates, teachers, friends, and coworkers. Yet some research suggests that more than nine billion dollars of gifts were unwanted by the recipients. Ouch!
Expressing Your Love Does Not Have to Be Expensive
With a little time and thought, you can express your love in ways that won’t jeopardize your financial well-being. Be creative. Write a letter, make something, or plan an experience instead of buying gifts. Prioritize time with loved ones. Research shows that experiences are often remembered longer than gifts.
Setting a budget will free you from overspending. Giving what you can afford will prevent unnecessary stress. In fact, you can make an eternal impact this Valentine’s Day by committing yourself to be a godly steward. You will demonstrate love to God and your family that can impact generations.
Keep an Eternal Perspective
Jesus didn’t die on the cross so we could pursue what the world says is important. We were bought at a price, and by His love and grace, we are beckoned to come, serve Him, and build His Kingdom—not our own.
You become a steward when you acknowledge that you are not an owner but God’s temporary manager. And in that role, you are required to be faithful to His purposes. Regardless of whether He’s entrusted you with a little or a lot, seek Him first, and allow Him to have total control over your finances.
Paul told the Galatians: “I have been crucified with Christ. It is no longer I who live, but Christ who lives in me. And the life I now live in the flesh I live by faith in the Son of God, who loved me and gave himself for me.” (Galatians 2:20 ESV)
Our ambition should be to become rich toward God, not rich in the eyes of men. When that becomes your heart’s desire, you’re on the path to hearing, “Well done, good and faithful servant.” (Matthew 25:23)
Your self-worth isn’t tied to purchasing gifts, so why spend more than you can afford? If you’re worried about impressing someone, perhaps you need to rethink that relationship!
We love because God first loved us. So love one another free of financial stress and worldly expectations. Here are some no/low-cost ideas my wife gathered:
Loving well doesn’t have to cost a lot. Just make people feel special by showing thoughtful consideration of their importance and value to you. Devote time talking together and listening carefully, remembering that we love because He first loved us.
Crown’s course Money Dates helps spouses and engaged couples connect on the topic of money. Making financial decisions together as a unified couple will help to eliminate financial stress.
This article was originally published on The Christian Post on February 7, 2025.
Dear Chuck,
I am a recent widow. I have been advised to move my investments out of foreign stocks due to possible economic turmoil under our new administration. My advisor is not a Christian; what Biblical principles can guide me?
Worried Investor
Dear Worried Investor,
That is very interesting advice from your investment advisor and seems to me like a bit of a knee-jerk reaction. Possibly, he is reacting to the rhetoric about tariffs or promises of “the golden age of America” coming from President Trump. The world is a very big place, and there are many great companies outside of the United States that may or may not perform very well in the long run. It concerns me that he is advising you to make changes with blanket statements apparently based on more of a hunch than a careful analysis of each company or asset in your portfolio.
I have written in the past that the United States stock market tends to perform about the same under a Democratic or Republican President, so it is always best to be measured and steady.
I do not give investment advice, and certainly, your advisor may turn out to be correct. However, you requested that I point you to the Biblical principles that can guide you as you interact with your professional advisor. Here is a framework that will help you make a better decision.
Biblical Investment Principles
First, invest only in those things which you understand. Proverbs 27:23 (NIV) says, “Be sure you know the condition of your flocks, give careful attention to your herds.” Imagine having your investments in sheep and depending on someone to make all the decisions for you. It is far better to know for yourself what is going on with your sheep. In fact, we are instructed to “pay careful attention” to any investment that we have made.
Recommendation: Ask your advisor for an analysis of the stocks, funds, or individual companies that may be impacted by this decision before you agree with his recommendation. Look at each one in detail if possible, and determine if some or all should be terminated.
Second, diversification is safer than concentration. Solomon advised in Ecclesiastes 11:2 (NIV): “Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” If you do the math, we are instructed to limit our investments to no more than 12–15% in any single asset class. I am often asked by nervous, security-conscious investors if they should “put everything into gold”—not according to the Bible. Diversification is suggested based on the reality that no man knows the future. We can use our minds, do an analysis, and avoid making foolish mistakes, which is what I am suggesting in this case.
Recommendation: Determine the percentage of your total investment funds that are currently in “foreign stocks.” If it is small and the companies are excellent, you may want to leave it there. If you are “overweighted,” meaning you have too large of a percentage in foreign stocks, you should make appropriate adjustments.
Third, never get in a hurry. Proverbs 21:5 (TLB) says, “Steady plodding brings prosperity; hasty speculation brings poverty.” Trying to guess where the market is going is a recipe for disaster. Warren Buffett was once asked if he looked at the stock market changes every day. He famously replied that if anyone needs to look at the market price of their stock every day, they should not be investing. His point is that it takes time for an investment to grow.
Recommendation: Think of your investments like planting a tree versus buying a ticket on a racehorse. If you are elderly, that will have an impact on how long you keep the tree planted versus harvesting the fruit.
Finally, get multiple advisors. Proverbs 15:22 (ESV) says, “Without counsel plans fail, but with many advisers they succeed.” You are taking a great step by asking for other opinions. Please consider me one of many advisors you may ask about this decision.
Recommendation: Gather the information that I have suggested above, and meet with two or three trusted friends who have nothing to gain from advising you. Ask if they agree with the recommendation based on the data that you present. This will give you peace of mind and likely a far better result.
Expert Perspectives
Doing your own research will help you have a better perspective. Here are some sources from experts, along with their economic outlook and expectations:
“While we fully expect Trump to enact tariffs and continue using tough rhetoric, the results may not be as dramatic as some may think. . . . We enter 2025 with a reminder: Successful investing requires a long-term perspective and balanced philosophy centered on reaching your goals.”
“An effective goals-based investment approach assumes unexpected twists and turns in the market are inevitable and can provide investors with the ability and confidence they need to ride out volatility,” says Glenmede’s Chief of Investment Strategy and Research, Jason Pride, and VP of Investment Strategy, Mike Reynolds.
Many professionals see the first six months of 2025 as a time of ups and downs. Investors should seek to create a portfolio that is “market-neutral” so that it performs well regardless of how the market moves day to day.
Some analysts claim that President Trump’s proposals to cut taxes, enact tariffs, and reduce regulations should create a market euphoria. Others believe that a major correction is coming and that extreme volatility could spur a crash. Keep a healthy amount of cash on the side, and invest it when certain sectors are temporarily down.
Tariff proposals are fueling volatility and uncertainty for investors. Some sectors may benefit, but the overall economic impact is unpredictable.
To Reduce Your Worry
Renew your mind on God’s Word. Keep an eternal perspective regardless of what happens with your investments, the US economy, or President Trump’s next term in office. Our God knows your needs, and He will take care of you.
“Some trust in chariots and some in horses, but we trust in the name of the Lord our God.”
Psalm 20:7 (ESV)
“Thus says the Lord, ‘Let not the wise man boast in his wisdom, let not the mighty man boast in his might, let not the rich man boast in his riches, but let him who boasts boast in this, that he understands and knows me, that I am the Lord who practices steadfast love, justice, and righteousness in the earth. For in these things I delight, declares the Lord.’”
Jeremiah 9:23–24 (ESV)
“Trust in the Lord with all your heart, and do not lean on your own understanding. In all your ways acknowledge him, and he will make straight your paths.”
Proverbs 3:5–6 (ESV)
Do you want more tools and tips on financial stewardship? Are you interested in receiving ministry updates from around the world? Sign up to receive the Crown Newsletter emails by using the form on the homepage at Crown.org.
This article was originally published on The Christian Post on January 31, 2025.
Dear Chuck,
I want to help my elderly parents who live on a fixed income. I don’t want them to get penalized with taxable income. Can you advise me?
Helping My Elderly Parents
Dear Helping My Elderly Parents,
This is certainly not uncommon. Since I don’t have many specifics about you or your parents’ financial picture, my advice will apply to a broader audience than just your situation.
In 2025, you can give $19,000 to any number of people without penalty. If married, you and your spouse can give double that amount per recipient. You can pay medical bills directly to a healthcare provider on behalf of someone, and those payments (after insurance reimbursement) are not subject to gift tax.
In 2020, AARP reported that 32% of adults ages 40 to 64 provided financial assistance to their parents. 42% anticipated they would be doing so in future years. A survey at Caring.com revealed that over half of Americans ages 25 or older are claiming senior parents as dependents on their taxes in 2024.
If married, make sure you are united in the decision to help your parents. Secondly, do not compromise your own financial stability in the praiseworthy effort of assisting them. Even though they are on a fixed income, there may be underlying issues that need attention.
Ways to Discuss
Approach your parents before obvious help is needed. Express honest concern about their finances and well-being. Listen carefully without revealing shock, anger, or disappointment if poor financial decisions have been made. Seek clarity, but avoid making them uncomfortable. Once trust is gained, ask if they would be willing to assemble their financial records for you.
Meredith Stoddard, VP of Life Events Planning at Fidelity, suggests explaining why you’re interested in their money in the following manner: “I’d like to become involved now, so that if the time comes for me to take over, your voice will be in my head. I’ll know how to do things and what your wishes are.” For conversation starters, read the article here.
Ways to Help
Instead of giving money, sort out their income, assets, and liabilities to get an overview of their financial status. Learn what debts require immediate attention. You may be able to settle medical bills and reduce others. Help them create a budget that includes a debt repayment schedule.
Request access to credit cards and bank accounts to track income and expenses and verify that bills are being paid on time. If financial stress is evident, seek a solution. Are they spending irresponsibly? If so, do not offer money or pay their bills. First, find ways to cut costs and ways to protect their investments/assets for future needs.
Should they move? Discuss the benefits of downsizing or a move to lower property taxes. Can they move in with you or a sibling or occupy a guest house on your property?
Do they have significant debt? See if creditors are willing to reduce payments based on their income. If they have credit card debt, reach out to Christian Credit Counselors. If they are responsible with money, explore a second mortgage. Interest rates are far less than what credit cards charge.
If they will follow a budget, computer coaching and security practices may be all that’s currently needed. However, it may be time to discuss and exercise your power of attorney. The challenge lies in honoring their wishes while helping them retain dignity. If it is decided that you will manage the finances, use a specific credit card or checking account to foster transparency for siblings.
Learn where documents are stored along with passwords, codes, keys to safes, and lockboxes. Record everything carefully. Is there an estate plan, long-term care, or life insurance? You and your parents may need to meet with their lawyer, banker, financial adviser, or accountant. If they have not used one, a professional may be needed to help with decision-making. Or seek wise counsel from trusted friends or family members.
Some people qualify for government and private program assistance that provides food, housing, utilities, and healthcare. Look into Supplemental Security Income (SSI).
Otherwise, you and others may want to help with the following:
Ways to be Wise
The Bible instructs us in Exodus 20:12 to “honor your father and mother.” This is the first commandment with a promise. I am grateful you are doing exactly that and will be experiencing His blessings.
For help with budgeting, consider a Crown budget coach. He or she can work with you and your parents to develop a customized spending plan and debt-elimination strategy.
This article was originally published on The Christian Post on January 24, 2025.
