MEMORY VERSE: “Then Isaac sowed in that land, and received in the same year an hundredfold: and the Lord blessed him.” – Genesis 26:12
BIBLE PASSAGE: Genesis 26:1-6, 12-22
INTRODUCTION: ‘Kingdomnomics’ is a contraction for “Kingdom Economics”. Simply put, economics is the study of the use of scarce resources to satisfy unlimited human wants. The term kingdom, in this context, refers to the realm in which God’s will is fulfilled. It is the domain of God’s operations over His people (those who are born again). While there are basic economic principles in the world system, people of God are expected to also understand and live by the economic principles of the kingdom which will not only make them profitable in this world but also lay imperishable treasures for them in Heaven.
- ENTITIES IN KINGDOM ECONOMICS
- BIBLICAL ECONOMIC PRINCIPLES
1. ENTITIES IN KINGDOM ECONOMICS
There are three key entities in kingdom Economics: God (the Creator), Man and resources (everything man can use of interact with in this world, including time, talent, and treasure). We can think about each of these entities as being a circle. You relate to God and to your resources, and these circles must relate to each other.
Some approach their resources based on their beliefs about God while others approach God based on their resources needs. For some these two circles never even intersect, having nothing to do with each other.
Jesus said that one of these “circles” will actually become the master of the other-you will serve God or money (Matthew 6:24). How you relate to these two circles will make a far-reaching statement about who you are, how you live, and who you are becoming.
2. BIBLICAL ECONOMIC PRINCIPLES
Principle No.1: Godliness – The foundation of success in any economic endeavour is godliness (Exodus 23:8; Deuteronomy 16:19; Psalms 37:25; Matthew 6:33; 1Timothy 6:6-11).
Principle No.2: Obedience – Do whatever God lays on your heart to do in line with the word of God (Genesis 12:1-4; Deuteronomy 28:1; Isaiah 1:19; Isaiah 30:21; John 2:5; Hebrews 3:15).
Principle No.3: Creativity – God has given unto everyone gifts/talents, creative abilities and grace to acquire skills (Ex.31:3,6; Ex.35:30-35; Matthew 25:14-15; Luke 19:12-13).
Principle No.4: Giving and Generosity – The more you give the more you get (Psalms 112:9; Proverbs 11:24; Proverbs 19:17; Luke 3:11; Luke 6:38; 2Corinthains 9:7).
Principle No.5: Sowing and Reaping – Seed time and harvest time shall not cease (Genesis 8:22; Ecclesiastes 3:2b); the quality and quantity of what you sow determines what you reap (Galatians 6:7; 2Corinthians 9:6).
Principle No.6: Risk and Faith – Those that are afraid of taking risk will not attempt new things (Proverbs 22:13; Proverbs 26:13; Ecclesiastes 11:4-6).
Principle No.7: Investment – Believers should tap into the various investment opportunities around them (Ecclesiastes 11:1-6; Isaiah 32:20).
Principle No.8: Labour/Diligence – There is dignity in labour (Proverbs 6:6, 10-11; Proverbs 10:4; Proverbs 12:24,27; Proverbs 13:4; Proverbs 14:23; Proverbs 18:9; Proverbs 21:5; Proverbs 22:29; 2Thessalonians 3:10).
Principle No.9: Effective time management – Time is irredeemable resource given to man (Ecclesiastes 3:1; Ephesians 5:16).
Principle No.10: Favour and Relationship – Favour flavours labour and birds of the same feather flock together (Psalms 102:13; Proverbs 13:20; Ecclesiastes 9:11; Romans 9:16).
CONCLUSION: Use your time, talent, and treasure for God’s kingdom. You will not only experience a life of opportunity, impact, and legacy here on earth but you will also be laying up for yourself treasures in the kingdom of Heaven.