Contributed by: Jeff Dobyns, CFP®, CLU, ChFC
As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life. 1 Timothy 6:17-19
I had a unique opportunity to take a group of 12 friends and financial advisors to spend 2 days with David Green, the founder and CEO of Hobby Lobby. David started Hobby Lobby with a loan for $600 and has turned it in to a $12 Billion dollar business! Our mission for the trip was to sit around David’s conference table and discuss generosity and his feelings of God’s desire for us to give freely and happily. Over the years, David has become the largest contributor to Christian philanthropist in the history of the world! What an amazing example, testimony and example for all of us.
Mr. Green relayed to our group that last year Hobby Lobby gave away 50% of their profits. In fact, he and his wife capped their income 13 years ago! This wasn’t shared in a boastful manner, but rather with a thankful attitude. Mr. Green emphasized the grace God has bestowed on their family and how grateful they are to give back. They don’t give out of responsibility or duty, but they give from a grateful heart because of all that has been entrusted to them.
Nearly every world religion has some component of generosity. I believe God created us to be generous, communal people – to take care and rely on each other. Many verses describe blessing and healing being found in serving and giving to others.
One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want. Whoever brings blessing will be enriched, and one who waters will himself be watered. – Proverbs 11:24-25
Being extravagantly generous looks different in each of our lives. I have been challenged as to what extravagant generosity looks like in my life. Generosity is not just giving money, but also your labor, influence, expertise, time, and talents. Am I using all that God has entrusted to me to make a difference?
This information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.Opinions expressed are those of Jeff Dobyns and are not necessarily those of Raymond James. All opinions are as of this date and are subject to change without notice. Raymond James is not affiliated with David Green or Hobby Lobby.