14 Money Truths from the Bible that Still Beat Wall Street

There's a book that predicted index funds, diversification, dollar cost averaging, and the dangers of debt. And it was printed before the invention of paper money. It's the most printed book in human history, but almost nobody reads it for financial advice. And that's a mistake. Here are 14 truths from the Bible that still beat Wall Street. I'm going to go through all 14 pretty quickly, but pay close attention to number five, number seven, and number 12. These have shaped my investing journey and have made me the investor that I am today. Now, I've been wanting to make this video for a little while now because I am a follower of Jesus Christ and I understand that this video is probably not going to get the most views in history, but I do think it's one of the most important videos that I personally need to make because it's something that I value very, very much in my own life. Love to hear what's your favorite verse in the Bible on money or maybe just your favorite verse in general. So, let's get right to it. Number one, Proverbs 13:11. Wealth gathered hastily dwindles, but money gathered little by little grows. This is the biblical case for dollar cost averaging and compound interest or compounded annual growth. Peloton shot up 462% in 2020. In that same year, QQQ went up 48%, which is amazing, but it isn't 462%. If you would have invested $50,000 in Peloton right before the crazy boom during COVID, it would have gone up to $231,000. Right now, however, in mid-2026, your $50,000 in Peloton would now be worth $8,085. If you instead would have put that $50,000 in something tried and true, one of my favorite broad growth ETFs, QQQ, which at the time was $216, you'd have bought 231.5 shares of QQQ. Today in mid 2026, QQQ's worth $716 per share. So, 716 * 231.5 shares = $165,754. Would you rather have $165,000 today or just $8,000 today? Long-term compounding into something tried and true that has tons of history is always going to be the way to go, especially in this long-term investing world. You got to be careful of those shiny objects that go up really quick and make you want to FOMO in cuz they almost always turn into what happened in this story. Number two, Proverbs 15:22, plans fail for lack of counsel, but with many advisers, they succeed. This is a nod to seeking sound advice. Now, be careful, don't take your advice from just anyone, and be careful of those that are giving out advice and making you pay forever for it. Like if they're saying, "Hey, I'm going to give you advice on your portfolio, but really I'm going to take 1% literally for the rest of your life, even when you don't need the advice." That's going to be tough. Also, I heard it somewhere, but I love this quote, "Don't take advice from someone who isn't where you'd hope to be one day." Vet your sources and look for consistency in what they're saying, and really look for are they actually doing it in their life? But when you do find that person or those people, lean on them. I found that person in my wife for pretty much all areas of my life. Her wisdom is so amazing, and I thank God for that literally every day. But then I also have two people that I very much respect in the business world, and I'm honored to call them my friends. And these would be Brian Dement and Stevie Hassemeyer. Both own multiple businesses, have had multiple different types of success, and even more importantly, they're great fathers and great husbands. Find your inner circle and lean on them. Number three, Luke 14:28, "Suppose one of you wants to build a tower. Won't you first sit down and estimate the cost? This is basically financial planning straight from Jesus. This is why I always say with my videos, use my videos as a starting point. I started the research for you, but I hope that you then take it in your unique circumstances and you learn further what's going to work for you personally. Learn the why for your investing. Also, another quote that I love that I use all the time and I don't really remember who said it, but it's measure twice, cut once. Do more research and figure out what's going to be best in your portfolio. I see this all the time in people's brokerage accounts where they just buy the stock that looks like it's going up or they buy the stock that's all hyped up right now, but then after a couple months it starts dropping and they sell out of it or they buy this and they sell that. So many different tax consequences and it's not really getting you anywhere in investing. Number four is a big one and this is a story of Joseph in Genesis. He interprets this dream that the king was having. He's basically telling him that there's going to be seven years of good times and then there's going to be seven years of famine. And the king was asking Joseph, you know, what should we do about that? And Joseph's great idea was, let's save during the good times. So during those seven years, let's save 20% 1/5 of all the grain harvested. And so because they did that, they were able to then last through those seven years of famine that did come. This is basically the same thing as when I say it's so important that you have an emergency fund outside of your regular investing and outside of your regular spending, have an emergency fund because there are times of famine in all of our lives and you'll be very happy that you have that there. Number five, Proverbs 21:20. The wise store up choice food and olive oil, but fools gulp theirs down. Similar to number four there, but basically it's save and invest rather than just spending everything. Probably the most simple and easiest financial advice that I've ever heard and that I live by is spend less than you earn and invest the rest. Number six is Matthew 25:14 through 30 and this is the parable of the talents. Jesus tells of a master entrust servants with money. Those who invest and multiply it are praised. The one who buries his out of fear is rebuked. We live in the best time in history right now to have education and information straight at your fingertips. I mean literally you're watching this video right now. You can all learn how to invest like the pros or even better, better than the pros since the S&P 500 beats just basic financial advisor and fund managers 95% of the time. You can take control of your financial life very simply and that's the whole goal and the whole reason why I made this channel to help you, empower you to take back that control. Number seven, Ecclesiastes 11:1 through two, ship your grain across the sea, after many days you may receive a return. Invest in seven ventures, yes and eight, you do not know what disaster may come upon the land. Now this one's a direct argument for diversification. Instead of just putting all of your money into one thing, possibly that one thing could come and get ruined in some way and so it's saying have it spread out between seven or eight different things and maybe one of them does get ruined but your other ones keep everything together. That's why I always advocate for my three or four fund portfolio, also having some cash off to the side but I also hold real estate and rental properties. I have some Bitcoin. I also have business ventures. I have different areas and different places to invest my money and build different streams of revenue just in case one or maybe two of them gets wiped out. Number eight, Proverbs 21:5, the plans of the diligent lead to profit. Haste leads to poverty. This is just a warning against get rich quick thinking. Be careful in this investing world you're inevitably going to look for something that gets you there faster or gets you rich very quick and just know that anything that sounds too good to be true, probably is. Number nine, Proverbs 22:7, "The rich rule over the poor, and the borrower is slave to the lender." Pay down debt. Avoid being trapped by it. More often than not, people will come to me and say, "Should I pay off this credit card debt, or should I invest more money, or should I pay down this high-interest debt of some sort, or should I save the money, or should I buy this thing?" Almost always, I'm going to say, "Pay down the high-interest debt." It's so much better. It's so much psychologically easier and emotionally less draining by having that debt paid down. Romans 13:8, "Let no debt remain outstanding, except the continuing debt to love one another." I just like that cuz love makes the world go around. This next one is a big one, but listen up. 1 Timothy 6:17-19, "Command those who are rich in this present world not to be arrogant, nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment." "Command them to do good, to be rich in good deeds, and to be generous and willing to share. In this way, they will lay up treasure for themselves as a firm foundation for the coming age, so that they may take hold of the life that is truly life." So, yes, my hope for you with this channel is to take back your finances and to have control and ultimately to grow in wealth. I want you to be wealthy. I just don't want you to become arrogant, or to be stuck up, or to do things with your money that's not going to help other people. My hope is that you take care of yourself, you take care of your family, and hopefully you're generous with at least a piece of it, and give to other people that are less fortunate. I know for me and my family, we love to tithe. We tithe every single month, no matter what. But also, one of the joys of my wife and I's heart is to be able to help out for people in need, especially financially. Prayers are great, advice is great, but sometimes actually being able to pay for something for somebody or help somebody get through something hard is what at least we feel called to do and we're able to do that because we've done a lot of these things that we've talked about up until now. Number 12, Matthew 6:19-21, don't store up treasures on earth where moths and rust destroy. Where your treasure is, there your heart will be also. I'm sure you've heard that one before, it's one of my favorites and it's just absolutely true. I've been in times where I didn't have very much, very little money, very little anything, just high debt. And then I've had times where I've been much more fortunate. And at the end of the day, money is nice, but it's not everything. It's not even close. It's not even the top five in my opinion. So, where your treasure actually is in your mind, that's where your heart will be. These last two I'm going to put together. So, 13 and 14, 1 Timothy 6:10, the love of money is a root of all kinds of evil. Number 14 would be Hebrews 13:5, keep your lives free from the love of money and be content with what you have. A lot of people misinterpret these types of scriptures and they say things like money is evil. Money is not evil, it's the love of money. And the love of money is honestly the root of all evil. I've never seen somebody who absolutely just loves money and that's all they care about be a very good person. So, grow your money, be diligent with your money, grow your wealth, but don't love it. Don't sit there and count every single penny. Be generous with it, use it as a tool and I promise you're probably going to feel a lot better. So, these are just a couple of verses that I looked up through the Bible and I always think that it's just so cool to see wisdom that was made thousands of years ago still ring true for today. I'd love to hear, what's your favorite verse in the Bible on money or maybe just your favorite verse in general. Thanks for watching and now watch either of these two videos to keep you going strong in investing and remember to keep investing simplified.