READ OUR DAILY DEVOTIONAL WITH PST.DR. MATTHEW AGADA
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DAILY DISCOVERY
(Discover and Recover)
DECEMBER 05, 2024
CONSEQUENCES OF LACK OF FINANCIAL INTEGRITY
Lack of financial integrity, both in biblical times and today, has significant consequences. I want to group them into spiritual, relational, and socio-economic consequences.
SPIRITUAL CONSEQUENCES:
Separation from God: Dishonesty and greed are sins that hinder one’s relationship with God. Proverbs 11:1 says, “A false balance is abomination to the LORD: but a just weight is his delight.” Lack of integrity leads to deceitful practices. These practices of cheating, lying and all sorts of frauds are abominations to God. The consequence of that is separation from God. This exposes the individual to all manner of demonic attacks.
Divine Judgment: Malachi 3:8-10 speaks about robbing God through failure to pay tithes and giving of offerings, suggesting that lack of integrity can result in divine judgment and repercussions for one’s financial misbehavior. In Acts 5:1-11, Ananias and his wife Sapphira faced immediate divine judgment and lost their lives for lying about their finances.
Loss of Blessings: The same Malachi 3:8-10 warns that withholding tithes and offerings can lead to loss of fruits of the ground, and of the vine before their time; while faithful giving results in blessings beyond measure.
Carnality: When people begin to mess up financially, they feel disconnected from the faith. When that happens, they begin to operate in the flesh: telling lies, engaging in immoral acts, etc.
Evil Tendencies: 1 Timothy 6:10 states that the love of money is the root of all evil, indicating that unethical financial practices can lead individuals into other financial crimes.
Personal Guilt and Fear: Engaging in unethical financial behavior leads to feelings of guilt and shame, fear mixed with anxiety, affecting the individual’s spiritual and emotional well-being, destabilizing his prayer life.
2. RELATIONAL CONSEQUENCES
Broken Trust: Dishonesty in financial dealings destroys trust within families and places of work, as seen in Proverbs 15:27: “Whoever is greedy for unjust gain troubles his own household.” Jesus said in Luke 16:11-12, “If therefore ye have not been faithful in the unrighteous mammon, who will commit to your trust the true riches? And if ye have not been faithful in that which is another man’s, who shall give you that which is your own?” In business and personal relationships, lack of financial integrity can lead to a loss of trust and damage reputations.
Strained Relationships: When a man can no longer be trusted for lack of integrity, relationship will be strained. This can separate good friends or even siblings. I have seen marriage relationships destroyed beyond reconciliation because of money.
Conflict: Financial deceit often leads to disputes, exemplified by Jacob and Laban, his uncle (Genesis 30-31). I have seen people fighting many times over small change in the streets.
Workplace Issues: Fraud or embezzlement in professional settings often results in job loss and damaged relationships. Luke 16:1-2 shows how unfaithfulness in handling money can cost individuals their jobs. Many Bank workers, sales reps and Account officers have lost their jobs to financial misappropriations.
3. SOCIO-ECONOMIC CONSEQUENCES
Economic Injustice: Exploitation and greedy embezzlement of public funds promotes economic imbalance. Amos 8:4-7 denounces those who oppress the poor for financial gain. Unethical financial behavior can result in financial crises that jeopardize personal and organizational stability. Corruption and greed can destabilize economies, increase inequality, and harm public trust in institutions, as the case is with the banking system today in Nigeria.
Loss of Reputation: Proverbs 22:1 highlights the value of a good name over riches, underscoring the long-term impact of financial dishonesty. Individuals and organizations face public disgrace and loss of credibility due to financial scandals. Many banks are being closed down in this country year after year for this reason.
Legal Repercussions: Engaging in unethical or fraudulent financial practices can lead to legal actions, fines, and even imprisonment (e.g., tax evasion, fraud). Many are in prison today because of financial illegalities. Be careful.
Workplace Morales: In organizations, a lack of integrity can hurt morale of workers, leading to decreased productivity and employee disengagement. A young man had to resign from a mission health institution few years ago because he could not endure the game his boss was playing with the officers on top.
Psychological Consequences: Lack of financial integrity is a major source of Stress and Anxiety. Financial dishonesty often creates a cycle of debt, fear of exposure, and serious mental strain.
Community/National Impact: Financial misappropriation can harm the wider community and even the nation, contributing to economic instability and increased inequality if individuals or corporations keep exploiting others as we see in Nigeria today.
CONCLUSION
Lack of financial integrity undermines both personal and societal well-being, violating biblical principles and creating long-lasting consequences. Upholding honesty and ethical stewardship in finances reflects our commitment to God and builds trust, stability, and peace in relationships and workplace.
Overall, both biblical principles and contemporary observations highlight that lack of financial integrity leads to significant negative consequences on individuals, relationship, and on the society at large.
MEMORY VERSE: Proverbs 20:7, “The just man walketh in his integrity: his children are blessed after him.”
PRAYER: My Father, in the name of Jesus, I receive grace to maintain an unquestionable integrity in all financial matters that come my way. Help me to remain honest in all financial dealings in good conscience within and outside the Kingdom, in the name of Jesus. Amen.