Managing Financial Burdens
Matt Bell, nationally-known stewardship author of Trusted, offers four tips for handling the weight of heavy financial burdens.
I was shocked by the suicides of fashion designer Kate Spade and TV personality Anthony Bourdain in 2018. On one level, their deaths showed what a fallacy it is that fame and fortune assure happiness. I couldn’t help but recall this quote from actor Jim Carrey:
“I think everybody should get rich and famous and do everything they ever dreamed of so they can see that it’s not the answer.”
On another level, they are a stark reminder that depression is an equal opportunity tormentor. It doesn’t care what type of car you drive or where you go on vacation. Faith certainly helps provide hope, but it doesn’t make you immune from depression.
I don’t know what specific issues haunted Spade or Bourdain. But I know personally that money woes are common sources of deep, sometimes debilitating discouragement.
As I’ve written before, when I woke up to the reality of my financial mess when I was in my mid-20s, I struggled through a tough season of depression. I looked forward to the nighttime when I could sleep and I dreaded the sight of sunlight in the morning, knowing I’d have to face the reality of my situation for another long day.
It wasn’t the first time I was engulfed by a thick fog of depression, nor was it the last.
Well-meaning friends who’ve never experienced it tend to offer kind yet unhelpful advice.
I’d like to suggest the following for any readers who are feeling the weight of a heavy burden, whether it’s about money or something else.
“No test or temptation that comes your way is beyond the course of what others have had to face. All you need to remember is that God will never let you down; he’ll never let you be pushed past your limit; he’ll always be there to help you come through it.” – 1 Corinthians 10:13 (MSG)
First, whatever you’re going through, know that you’re not the only one. Shortly after becoming a Christian and early in my nearly five-year journey out of debt, I began doing volunteer work with a stewardship ministry. It was eye-opening to see how many people have financial trouble. I really thought my situation was unique.
I looked around and saw people driving nice cars, wearing nice clothes, and looking like they’re doing just fine. But I soon discovered that a lot of those people are not doing fine at all. That isn’t an indictment against them; it’s just a reminder that if you feel like you’re on the outside looking in, you’re not.
Second, ask for help. When it comes to finances, there are some fantastic ministries available with well-trained, compassionate people who are eager for the opportunity to be a help and encouragement to you. National ministries that offer help are Good $ense Movement; Ron Blue Institute; Compass; and Crown Financial Ministries.
“By yourself you’re unprotected. With a friend you can face the worst. Can you round up a third? A three-stranded rope isn’t easily snapped.” – Ecclesiastes 4:12 (MSG)
Third, cultivate the lost art of friendship. We all need someone to talk to, a safe friend we can tell the truth to—and not just about financial concerns. If you’re married, hopefully your spouse is one such person. Mine certainly is. But men also need a good guy friend or two. Women need another woman or two. Men are notoriously bad at the whole friendship thing.
I was blessed to cultivate friendships through a seven-year men’s small group when I lived in Chicago. Five of us would meet on Friday nights, run together, study the Bible, and just hang out. We laughed together and cried together. But we’re scattered around the country now. We connect on Zoom about every six weeks and get together about once a year. It’s always a rich and meaningful time. But we certainly aren’t doing life together anymore.
Since moving to Louisville, I’m making progress in finding my group of guys by being involved in two men’s groups and serving as a deacon. Between work, the fast pace of family life with three kids, and what often feels like countless household responsibilities, it’s easy to believe there just isn’t time. But it’s important, so I’ve been carving out time to meet friends for lunch and I now have a Friday morning golf “ministry” where I play 9 holes with a rotating group of guys before work.
“Bear one another’s burdens, and so fulfill the law of Christ.” – Galatians 6:2 (ESV)
Fourth, find ways to help others. Looking back, I’m amazed that the first stewardship ministry I applied to volunteer with accepted me. I was a new Christian and just starting the process of getting out of debt. I guess they needed help. I’m so thankful they let me serve.
Being part of that ministry taught me a ton about money—practical things, and biblical principles. By working with people who had financial issues, I saw firsthand that lots of people struggle with money, including people you’d never suspect struggle with money. Teaching the biblical principles and practical steps I was learning helped reinforce those ideas in my own life. Plus, it was deeply satisfying work, which showed me more of God’s purpose in my journey.
There’s something very healthy about getting the focus off ourselves and helping others. Since I had made some big mistakes with money, I could relate to the people who came in for help, which I think helped me build trust.
It was all a very positive cycle of learning, trying to apply what I was learning, taking all of that and passing it along to others, learning more, trying to apply more, passing it along, and around it went. You could do the same thing.