DeForest B. Soaries, Jr. writes:
Recent days have brought multiple allegations of sexual abuse against Atlanta megachurch Bishop Eddie Long. It would be premature to judge the truth of these allegations, but it is not too soon to weigh in on his opulent lifestyle. His fancy cars, expensive clothing and vast estate, all funded on a multimillion-dollar salary, are part of his act—pushing the so-called prosperity gospel on mostly African-Americans. Whatever Mr. Long has done in his personal life, his brand of theology has contributed to a troubling trend among black churches in America. . . .
In light of today's weak economy, perhaps the prosperity movement should consider focusing on financial literacy, personal discipline and saving for the long term, rather than emphasizing supernatural possibilities. Depending on miracles as a financial strategy is a dangerous way to live. Churches can be effective in teaching people how to convert from a culture of borrowing and spending to a culture of saving and investing.
The teachings of Jesus include many principles that can foster personal success and financial well-being. For instance in Luke 15:28, Jesus is quoted: "Suppose one of you wants to build a tower. Will he not first sit down and estimate the cost to see if he has enough money to complete it?" This serves as wise counsel for those who live above their means today. In other passages Jesus teaches that giving is superior to receiving, and that serving others was more important to being served ourselves. In Jesus's teachings Christians have sufficient content for financial guidance and prudent approaches to managing money. [more . .]