The Wealth Debate We Must Settle for a Healthy and Balanced Financial Journey

wealthdebateMoney is a sensitive subject. More sensitive than you might think.

Did you know that people would talk about politics, religion, or their sex life rather than their finances?

Not your initial thought, right?

A survey done by Wells Fargo revealed that more Americans would prefer to talk about anything– yes– anything, but their personal finances.

That includes their weight and the topic of death.

Check out all of their findings at

So, why is the topic of personal finance so salty?

I believe part of it has to do with our culture.

Culturally, we are taught to keep money topics to ourselves. Traces of this ideology are shown in how we acquire goods and services as consumers.

Take your garbage bill, for example. Chances are, you’re paying the sticker price. If not, you’re a remnant– just a fraction of the population. The truth is, many of us will settle with paying whatever is asked of us to pay, without even checking for competitors’ offers (especially with our utility bills).

The reason…

While growing up, many of us probably didn’t see people negotiate very often and therefore, we don’t know how to negotiate or don’t think it’s important. You may not even know it’s an option.

Additionally, we are taught to not talk about or inquire about how much a person earns. It’s not polite. All of these things are potential reasons why we don’t want to talk about our personal finances, making doing so, taboo.

However, I believe the greatest reason why talking about our finances is scary, or uncomfortable, is because doing so takes vulnerability. What we do with our money says a great deal about our priorities and our hearts.

Related Article: How to Revolutionize Your Finances With The 5 Pillars of Personal Finance

What do I mean?

Let me explain…

Money is close to our hearts, and for good reason. Almost everything– birth, death, and everything in between– revolves around money.

When we engage in conversation about the topic of our personal finances, the truth about how we feel about money and how we prioritize all things in our lives, surfaces– good or bad.

So, there is this fear– both conscious and subconscious– of the possibility that talking about our finances will reveal too much about us. Specifically, things that can unveil the not-so-well-put-together side of us.

For instance, some people are afraid they will be judged for being too materialistic. Others may feel insecure and worry that others will see how uneducated or careless they are when it comes to managing their finances.

To keep from discriminating ourselves, we avoid talking about it.


But, is there a benefit for risking being known, even in weakness?

Psychologists tell us that there are benefits to sharing. We’re encouraged to share deep and personal topics like personal struggles, addictions, and grief left by the loss of a loved one.

These are serious and sensitive topics– topics that can leave us exposed and vulnerable. But those who’ve taken part in opening up will tell you it has been very beneficial. And even necessary.

I believe that money is no different.

When we talk about our finances, with intentions to learn and grow, it’s as if we’re opening up in a counselor’s office. We’re acknowledging our needs and inviting the help of others.

And that can do more for your finances, in the long run, than staying mute.

Not only that, but being vulnerable also puts you in a position to learn better ways to address your financial struggles. You might even discover strengths you never knew you had. This can be encouraging, empowering, and motivating.

Who couldn’t use more encouragement on their financial journey?!

It’s possible we’ve placed too much weight on what could surface about us. We’ve overlooked the benefits that could change the very situations we’re trying to keep buried from the world.

Perhaps it’s time for our culture to pursue a new ideology. It’s time to challenge what has been accepted as “the norm” about personal finance.

It’s time we dive into topics that were once considered off-limits… even if doing so could expose us in a negative way.

Are you in?

The Financial Debate You Must Settle Within Yourself

What comes to mind when you hear the word wealth? How about your emotions?

Would you say they are negative or positive?

Accruing wealth, or the thought of it, raises mixed emotions among different people.

To some, it’s a selfish pursuit of a hungry soul trying to find meaning and satisfaction. Others see it as a tool to execute their life’s calling.

Still, some remain indifferent.

One thing is for sure, however… your perception of life plays a big role on how you view the topic. Because ultimately, it’s a heart matter.

Settle it now for the sake of your finances!

For as long as you’re wavering on the subject, you’re compromising your commitment to your finances as well.

So, where do you stand with this subject?

Is it okay to accumulate wealth?

Why I’m Not Afraid To Accumulate Wealth

I used to fear wealth. I thought it would ruin me. Believe it or not, I’m not alone– not by a long shot (maybe you’re still in that place). There’s even a word coined to describe people that are afraid of wealth.


I, personally, don’t think it’s normal or healthy. For the sake of time, I won’t get into all of that now. One day, I’ll share more in-depth on that topic. But here is why I’m not afraid of having more than enough, and actually welcome the challenge of managing great assets…

To me, having more than enough is not about the prestige or being able to afford all the toys I could ever want. It’s not about being powerful, although that can be an edge for influence. And it’s not about being important and successful.

As success, to me, is knowing “…Christ and Him crucified.”

Wealth is about freedom. It’s about living my life like it was meant to be lived– free from debt and free from burdensome work that only gets in the way of my true calling.

It’s about not compromising. Why should your beliefs, your relationships, your destiny be compromised because you lack the financial strength to live honestly to these values?

It’s about giving. For me, financial wealth is about being well-able to respond to the needs of others– not just my own. It’s about being able to pour into my passion– the kingdom, with my time and my finances. It’s about being able to financially support those causes that are close to my heart.

Wealth is about living freely and giving freely without compromising my beliefs, my destiny, and my relationships due to scarcity in my finances and time.

This is why I’m not afraid of financial wealth.

What’s Your Motivation?

There is more, obviously.

If you don’t relate to my priority, that’s totally fine. As people, we have different values, motivations, and priorities. What drives one person doesn’t necessarily move another. Chances are, there are other important issues that are high on your list that you would love to pour into, and they might not be on my radar. You may have other personal desires you want to see fulfilled.

Let them be your motivation to stay committed to managing your finances with excellence, and perhaps, open to the idea of accumulating wealth.

As a last resort, think about your future: Retirement. Think about the next generation– your children and grandchildren. Think about people and organizations that have responded to one of humanity’s many challenges that are close to your heart but lack the fund.

How can you respond, if you don’t have the financial means they desperately need? How can you respond if you barely have enough for yourself?

There are many legitimate reasons to having more than enough. Don’t let someone else’s mishandling of wealth paralyze you in your commitment to manage your finances with excellence.

This is why I’m passionate about stewarding and I welcome financial wealth. And one of the reasons that that drove me to take control of my fiances.

Your thoughts?

What risks and benefits are there in openly talking about your personal finances?

Is it okay to to accumulate wealth? Why or why not?

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