How to Build through Faith and Finances ft. Robert Metzger, Jr.
The Financial Griot (TFG) Podcast is back with another amazing financial story. Alainta Alcin is the only one here today but she is joined by guest Robert Metzger, Jr.
Robert has a Daddy-Daughters duo podcast; Family Abide [Instagram: @FamilyAbide] which examines coming-of-age lessons with a focus on cultivating character through conversations about Faith, Family, and Finance. Even in chaos families must endure without yielding in order to foster legacies for generational, prosperity, and wellness.
Through frank discussions, Robert seeks to achieve abundance beyond our insecurities, debts, and other financial entanglements. Some of our favorite episodes include Sow your Grind, Frustration or Fear, and Resilient than a Mug: Going from 324 credit score to now w/Anthony Weaver.
Stick around and take notes. You are sure to grow your life in abundance. As a bonus, Robert Metzger, Jr. got $222,000 worth of student loans forgiven through PSLF.
Table of Contents
Faith, Finances, and the Balance
Personal Finance is often positioned as a counter to spirituality and faith. However, researchers found that most people experience financial stress due, in part, to religious doctrine. While others feel their religious involvement and support of the church create a renewed abundance cycle.
There is evidence that religious beliefs are correlated with certain financial attitudes in Jewish, Muslim, and Christian homes. The DNB Household Survey of about 2,000 households in the Netherlands over the period 1995-2008 found that religious households are found to be more likely to save than non-religious households.
Specifically, the study noted that Catholic households were less likely to invest in stocks. Some doctrines are very clear; i.e. Ps 37:21 – The wicked borrows but does not pay back, but the righteous is generous and gives. The Bible has a lot to say about debt, check it out. There are roughly 2,350 verses concerning money in the Bible.
There are five powerful teaching on wealth in the Quran; 1. Wealth can be enjoyed, but do not let it distract you, 2. It is never acceptable to earn a living by doing wrong, 3. Practice giving to those in need, 4. Do not fear poverty. God will provide, and 5. Giving of your wealth is the source of true prosperity.
We are merely touching the surface of faith and finances. This conversation opened a wealth of philosophical exploration. Here are some more reasons to achieve spiritual and financial equilibrium.
The right kind of balance for difficult times
- Religion may reduce consumerism and materialism. By de-emphasizing the importance of material objects, there is less likelihood of finding happiness through corporal items. This also leads to freedom from debt bondage.
- Giving itself is tax deductible. Per the US Supreme Court churches are tax-exempt and so are donations to the church. To deduct the amount you tithe to your church or place of worship report the amount you donate to qualified charitable organizations, such as churches, on Schedule A.
- Many attribute their faith as a support mechanism in hard times. It helped improve their perspectives on life and work. Religion fosters a positive outlook on financial struggles and the understanding of what’s beyond our own control.ย Read about Protecting your financial and mental energy, for more tips.
About Us, if you are new here:
The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don’t. Stories about growth, opportunity, and embracing changes. Beyond that, we talk about Finances.
Specifically, how to become Financially literate, incorporate actionable steps and ultimately build generational wealth.
Find the TFG Crew Hosts on Instagram:
- Alainta Alcin – Blogger, Travel and Money Enthusiast @alainta_alcin
- Lovely Merdelus – Entrepreneur and Small Business Growth Specialist @lovelymerdelus
- Lawrence Delva-Gonzalez – Federal Auditor, Blogger, and Tax Specialist @theneighborhoodfinanceguy