Wealth Well Done
You’ve heard the narrative that the super wealthy don’t pay taxes and the rich keep getting richer. Unless your net worth has reached family office status, you likely don’t have access to understand how they do it. In this weekly podcast designed for affluent stewards, we will go deep into the financial planning tactics of the high net worth community. You will learn how “the rich” pay so little in taxes, and how that can apply to you. You will learn how the wealthy invest differently than the standard investor. You will learn how the biggest philanthropists in the world maximize the assets they give. All of this will be shared through a lens of understanding the responsibility associated with wealth and its impact on you, your family, and the world around you. In one facet, Eric, in cooperation with his expert guests, will demystify the _complexities and share some of the best strategies in the categories below to help you make informed decisions and grow your wealth. Getting healthy with money Investment portfolio design Real estate investing Alternative assets Tax planning Stewardship Philanthropy Risk assessment Estate planning Insurance Marital finance Succession planning Training the next generation Cash flow To accompany these wealth-enhancing strategies, we will also expose the significant, yet often overlooked, burden that comes with wealth. The increase in depression, suicide, and addiction amongst trust fund beneficiaries has been well documented. The changes people often undergo and the reduction in peace they have as their net worth increases points us to the conclusion that more money is not the answer. If the effects of an increase in finances haven’t been properly planned for, it can be devastating to a family for generations. We aim to equip you with practical and tested tools to transform your increase into a life-giving asset for your consumption and for your impact in the great commission. Eric Scovill considers himself to be a businessman for the Kingdom of God. His Christian faith shapes everything that he does, from the way he leads his family to the way he runs His businesses. Once a contractor, he followed God’s call on his life to leave it all behind and step into the great unknown. Now, he has an exclusive financial planning practice for HNW clients that don’t fit into the mold of the standard financial advisor’s plan. He is a co-founder of a cryptocurrency hedge fund, Bedrock Digital Assets Management, and a venture capital business consulting and syndication company, YouAre Launched. Together, these companies serve his clients and investors to provide a suite of alternative assets that fit inside a highly valuable financial plan tailor-fitted to the individual’s aspirations for their own finances. Wealth, and its impact on humanity, are among the most intriguing concepts worth pondering. The endless pursuit and insatiable craving for more, the collection of knowledge and assets held amongst the elite few, its ability to positively and negatively impact lives, the many teachings devoted to it in the Bible, and yet the relative unimportance placed on it by God; there is much to be studied and understood about this concept called money. The love of it is the root of all evil, yet a proper heart toward it can lead someone into a deeper faith and relationship with Jesus. Eric and his guests are sure to provide the listeners a nearly unquantifiable amount of value, exposing you to solutions you probably didn’t know existed and teaching you how to implement them yourself or with your own financial team. After listening, not only will you know how to maximize your income and your investments like the wealthy, you’ll also know how God’s rules and teachings around money can guide you into exponentially more while also protecting you from the pitfalls of excess wealth. Target audience: A couple seeking the tactical strategies employed by the high net worth community to multiply their wealth through a reduction in what goes out and a multiplication of what has remained within. They are growing in the awareness of the responsibility that accompanies this blessing and desire to be intentional with how money impacts their own lives as well as the lives of others. They want to be effective and efficient in their technical strategies and thorough in the assessment of the intangible effects their wealth brings.
Episodes
Monday Mar 04, 2024
Monday Mar 04, 2024
Have you ever wondered what riders and deductibles really mean?
In this episode, Eric Scovill dives into the importance of having the right insurance policies in place to protect your future. He breaks down the basics of key property, health, and life insurance policies in an easy-to-understand way. From homeowners coverage to long-term disability, Eric explains what you need to know about assessing risks, reviewing policy details, and choosing the right amount of protection.
Tune in to finally understand insurance and feel confident that you and your loved ones are protected for whatever may come!
Here are some topics from today’s discussion:
Understanding your homeowners and auto policies
Choosing the right amount of coverage
Reviewing your coverage with your agent
Disability insurance as income replacement
Life insurance for beneficiaries
Long-term care coverage options
Episode Highlights:
[08:15] Why Choosing a 'Premium' Insurer is Worth It
Eric cautions that while it's important to ensure premium increases are reasonable, consumers should avoid simply choosing the cheapest policy. He warns that low-cost coverage may lack important protections, leaving one vulnerable if a claim occurs. It's best to go with a reputable insurer known for treating customers well during the claims process. After all, insurance is meant to provide relief in times of need. Getting the lowest price isn't wise if it means the policy won't adequately cover expenses when they're most needed.
[11:33] How to Ensure Your Insurance Fits Your Needs
Eric cautions that agents competing primarily on price may inadvertently reduce important policy protections. He advises policyholders to proactively discuss their coverage needs with agents to identify any gaps. Rather than simply increasing premiums, the goal should be understanding what level of protection is appropriate for an individual's unique circumstances and risks. Open communication with one's agent helps safeguard against both underinsurance and overpaying for unnecessary coverage.
[12:15] Things to Consider When Securing the Right Insurance
Some key things to consider when getting an insurance policy include:
Your specific risks and exposures - think about what you need protection from based on your situation.
Policy limits and coverage amounts - ensure these are sufficient for your needs and account for inflation over time.
Deductibles - higher deductibles can lower premiums but increase your costs in a claim.
Reputable insurer - choose a company with a strong record of customer service and claims handling.
Optional riders/endorsements - additional coverage provisions can boost protection for a modest cost.
Agent relationship - work with an agent you trust to advise on your options and help you understand complex policies/terms.
Regular reviews - insurance needs can change, so check in periodically that your policies still align with your circumstances.
Cost vs. protection - don't underinsure to save money in premiums if it leaves you vulnerable financially.
[20:27] Other Types of Insurance:
Property and casualty insurance: Covers damage to homes, vehicles, and other property. Includes homeowners and auto policies.
Umbrella insurance: Provides additional liability protection above the limits of other policies like auto or homeowners.
Disability insurance: Provides income replacement if an illness or injury prevents one from working. Includes both short-term and long-term disability.
Life insurance: Provides a death benefit to beneficiaries upon policyholder's passing. Can be used for estate planning purposes.
Long-term care insurance: Helps cover expenses for assisted living or nursing home care if one becomes unable to perform daily activities.
Monday Feb 26, 2024
Monday Feb 26, 2024
According to research from the Exit Planning Institute, only 20% of businesses will successfully transfer or sell, while 80% will not. And in that 20% of businesses that do manage to sell, 75% of those owners profoundly regret selling within one year of the transaction.
In this episode, Eric Scovill discusses important factors for business owners to consider when deciding whether and when to sell their company. He discusses reasons for selling a business, some steps business owners should take before a sale, what life after the sale looks like, and the importance of maintaining purpose and priorities like one's relationship with God.
Here are some topics from today’s discussion:
Reasons to sell a business
Preparing for sale: adopting buyer's perspective, valuing intangibles
Life after sale: potential identity crisis, maintaining purpose
Episode Highlights:
[02:38] Reasons to Sell a Business
Here are three key reasons Eric discussed for potentially selling a business:
Reducing risk - Owning a business represents the majority of most owners' net worth, making it a highly concentrated risk. Selling allows diversifying into less risky assets.
Succession planning - An owner may want to sell as they age out of running the business at full capacity or recognize new leadership is needed to take it to the next level.
Health concerns - The stress and long hours required to run a business can negatively impact one's health over time. Selling may allow an owner more balance to prioritize their well-being.
[13:09] Stewarding Your Legacy
Eric explains that if a business owner's goal after selling is to produce an income stream with similar tax advantages as their business, they will likely need to invest in alternative asset classes like real estate, royalties, or private placements. However, Eric cautions that stepping into investments as a truly passive form of income could remove the owner from their area of expertise. Instead, he suggests it may be better to bring in managers to continue running the existing business rather than attempting to replicate the income as a novice investor in new asset classes.
[20:20] Adopting a Buyer’s Mindset
Some of the key strategies Eric discussed for adopting a buyer's mindset when preparing a business for sale included:
Focus your financial reporting and metrics on what a buyer wants to see (ex.a breakeven business with recurring revenue and low accounts receivable)
Value intangible aspects like having strong, hungry managers in place who can continue running the business successfully.
Ensure the business is not overly dependent on the current owner and that it would still function well without them. Make sure value is represented in the systems and operations, not just the individual.
View contracts, supplier relationships, margins, and other areas from the perspective of how an acquirer could further improve them, rather than being satisfied with the status quo.
Resources Mentioned:
Generational Equity
Secrets of the Secret Place by Bob Sorge
To Whom Much is Given by Jay Link
Halftime by Bob Buford
Monday Feb 12, 2024
Monday Feb 12, 2024
As leaders, it’s so easy to feel overwhelmed and lose your way during challenging times. Join today’s discussion as Eric Scovill continues the conversation with Gary Harpst of LeadFirst. Gary encourages leaders to view challenges with people as part of the job, and outlines a simple process for building unity in your team that actually works. Learn how to diagnose issues, get employees back on track, and view problems as opportunities.
Here are some topics from today’s discussion:
Defining the four parts of human architecture
Diagnosing problems at the heart, mind, imagination and action levels
Embracing chaos as God-ordained and our purpose to bring order
Caring for people to build trust and shared purpose
Episode Highlights:
[02:57] A Biblical Framework for Diagnosing Team Issues
Gary outlines a biblical framework for understanding human nature and how it can help leaders diagnose problems within a team. He explains that Scripture depicts human architecture as consisting of four main components: the heart, mind, imagination, and actions.
The heart represents our deepest desires and purposes. The mind is where we use reason and principles to form ideas. The imagination then takes those ideas and makes them more tangible or visible. Finally, our actions flow out of what we imagine.
Gary says that when a team member is struggling or not fitting in well, a leader should consider which of these four areas may be the root issue - is it a heart/purpose problem, a mental reasoning problem, a lack of clear vision/imagination, or a disconnect between imagined goals and actions? Understanding this human architecture provides a starting point for diagnosis that addresses the real problem, not just surface symptoms.
[07:40] The Power of Casting the Vision
It’s important that leaders clearly articulate a shared vision for the organization. By explaining the vision in a way that engages both the mind and imagination, a leader can use their own imagination to bring the envisioned goals to life in a compelling manner. This process of casting the vision draws people into adopting the same purpose and direction, effectively motivating the team towards unified goals.
[22:31] The Messy Reality of Leadership
Gary uses a farming analogy to illustrate that dealing with difficulties is an inevitable part of leading people. While machines are predictable, organizations consist of humans with complex lives outside of work. Gary encourages leaders to accept that relational problems and "piles of crap" will arise, as handling challenges with employees is as much a job responsibility as dealing with manure is for cattle farmers.
[27:23] The Bond of Love
While physical objects are held together by electrons, an organization is comprised of human beings whose connection is formed by caring for one another through love. Gary states that authentic care, concern and love for each other as fellow image-bearers of God is what truly unites people and allows them to work well as a cohesive team.
Resources Mentioned:
LeadFirst
Built to Beat Chaos: Biblical Wisdom for Leading Yourself and Others
Monday Feb 05, 2024
Monday Feb 05, 2024
Chaos is not something to be avoided, but embraced as part of God’s design. In this episode, Eric Scovill sits down with entrepreneur and author Gary Harpst to make the case from Scripture that we are all created to overcome chaos and bring order. Gary also shares practical tools for diagnosing and addressing chaos in our lives, organizations, and relationships.
Here are some topics from today’s discussion:
Chaos is God-ordained, not something to be feared
Our purpose is to take chaos and bring order, creating unity
Four areas to diagnose where chaos is originating: desire, intention, action, consequences
Episode Highlights:
[02:27] What is Chaos?
Gary defines chaos as the raw and unformed state of things that exists prior to the imposition of order. It is a state of disorder, uncertainty, decay, or abundance of resources and choices that can feel overwhelming without clear direction or focus. Rather than something to be feared or avoided, Gary sees chaos as a natural part of creation. According to Genesis, it was the first thing God brought into being. He argues that chaos is not inherently bad, but rather provides the materials that humans are designed by God to take and apply purpose and order to – through our work, leadership, and various endeavors. We fulfill our role of bringing order to chaos by taking the disorganized state of affairs and imposing organization, structure, and unity of purpose through our efforts to steward resources and relationships well.
[16:57] The Courage to Change
Any system or process that is established will naturally experience entropy and decay over time if not properly maintained. As a leader, you must have the courage and wisdom to recognize when something is no longer effective and in need of replacement, rather than clinging to it simply because it already exists. Letting go of outdated policies, initiatives, or ways of doing things, even if they were once successful, requires courage. But it is critical for progress and adapting to new realities. Effective leaders are willing to stop degrading processes and replace them with something better aligned with the current environment and objectives. This allows the organization to continuously improve rather than rest on past successes.
[24:31] Chaos and Purpose: Two Sides of the Same Coin
Where there is chaos or disorder, purpose provides the solution by imposing organization and direction. But purpose also relies on and arises from chaos as its raw material. Without some initial chaos or abundance of unformed resources, there would be nothing for purpose to shape and create value from. Purpose brings order to the chaos, but that order then becomes subject to entropy and decay over time if not maintained, eventually reverting back to a state of chaos once more. So purpose both solves and is fueled by chaos in an ongoing cycle. They cannot exist without each other. Where there is chaos, purpose provides the way forward, and purpose itself creates new systems that will eventually need reordering.
Resources Mentioned:
www.leadfirst.ai
Built to Beat Chaos: Biblical Wisdom for Leading Yourself and Others
Monday Jan 29, 2024
Monday Jan 29, 2024
Raising kids of wealth comes with unique challenges and opportunities. How do you then raise them – and do that well? In this episode of the Wealth Well Done podcast, Eric Scovill brings in Andrew Barlow to share his practical advice for raising children of wealth. Andrew shares lessons from his own experience growing up and now raising his own kids.
If you’re a parent seeking to shepherd the hearts of your children through wealth and success, this episode offers valuable guidance for any family navigating intergenerational transfer of resources.
Here are some topics from today’s discussion:
Creating character-building opportunities for kids who may not face as many hardships
Raising children with grit and spiritual resilience
Communicating about wealth and money to children at different ages
Helping kids develop a spiritual identity and generosity beyond material things
Approaching education planning in a way that considers a child's passions
Episode Highlights:
[16:52] Creating Character Building Opportunities for Kids
Andrew believes that challenges and difficulties are what help form greatness in children. He shares that he intentionally creates opportunities for his daughters to take on hard things and experience failure, whether through sports, instruments, or other activities. Some examples he gives are having them work out with him in the basement gym or not giving them the answers to homework problems directly. The goal is to develop grit and perseverance while being supportive as a parent through these challenges. Andrew also notes the importance of allowing kids to try different things and potentially fail, as this is a great teacher.
[23:10] Failure is a Great Teacher
Andrew discusses the importance of allowing children to experience failure. He shares that some parents can be overly protective by "pushing in bubble wrap" and not giving kids opportunities to try things and potentially fail. However, Andrew believes failure is a "great, great teacher." It provides learning experiences that help children grow. By allowing kids to take risks and not always having a "safety net," they learn perseverance in overcoming challenges. This builds character and grit that will serve them well as they navigate different phases of life.
[29:22] Communicating Wealth to Your Kids
When it comes to communicating about wealth and finances with children, Andrew focuses on teaching the value of money, hard work, and generosity from a young age. He involves his kids in simple investing concepts by putting a portion of their money into age-appropriate investment accounts and showing them how it can grow over time. Andrew also prioritizes explaining why they have been blessed with abundance - so they can bless others in turn. He gives examples of involving his daughters in choosing charitable gifts and ministries to support with their own earned money. The goal is for the kids to understand wealth as a tool from God to do His will, not something that is owed to them.
Resources Mentioned:
HIS Kingdom Resources
Monday Jan 22, 2024
Monday Jan 22, 2024
In this episode, Eric Scovill is joined by financial advisor Andrew Barlow to discuss biblical investment strategies and portfolio construction. Andrew shares his background in entrepreneurship and tech startups, and how he now focuses on championing biblical financial stewardship through companies like HIS Kingdom Resources.
Here are some topics from today’s discussion:
Andrew's background in homeschooling, entrepreneurship, and faith-based businesses
What it means to be a biblically responsible investor
How to build a portfolio for stewardship
Biblically responsible investing principles and actively managed portfolios
HIS Kingdom Resources private equity fund and impact-focused investment criteria
Episode Highlights:
[13:48] What It Means to Be a Biblically Responsible Investor
Being a biblically responsible investor means screening potential investments to ensure they align with biblical values and do not violate key ethical principles. Some of the criteria Andrew mentioned that Kingdom Resources uses include:
Avoiding companies involved in activities like abortion, pornography, or human rights violations.
Seeking out companies that are Christian-owned and operated or have a mission/products that further biblical goals and kingdom impact.
Examining a company's practices and policies across environmental, social, and governance issues from a Christian worldview.
The goal is to invest in businesses that are ethically and morally sound according to scriptural teachings, rather than simply maximizing returns regardless of alignment with faith. It's about integrating biblical stewardship principles into investment decisions and portfolio composition.
[16:22] Building a Portfolio for Stewardship
Andrew discusses the importance of comprehensive financial planning to understand a client's unique situation, goals, and risk tolerance. For a client in their 50s, he recommends constructing a portfolio that balances growth potential with downside protection. This involves diversifying across asset classes like equities, fixed income, and alternatives to reduce volatility. Within equities, he advocates an actively managed approach that implements strategies like trailing stops to limit losses if positions move against them. Non-correlated assets such as real estate and private equity are also discussed as ways to provide portfolio diversification. Andrew stresses considering the client's time horizon and liquidity needs to determine an appropriate asset allocation that achieves their objectives in a risk-conscious manner.
[24:56] Investing for Kingdom Impact through Private Equity
Andrew outlines HIS Kingdom Resources private equity fund, which only considers companies that are both Christian-owned and operated, as well as having a mission or products that are aligned with furthering biblical goals and kingdom work. Each potential investment is thoroughly vetted to ensure it meets these stringent criteria. The fund also targets a minimum 10x return on investments to demonstrate that prioritizing faith-based screening does not require concessionary financial returns. Any profits are then strategically reinvested into amplifying kingdom impact through initiatives like Bible distribution, fighting human trafficking, and supporting pro-life efforts. By taking an active ownership role with board seats in its portfolio companies, HIS Kingdom Resources provides backing, resources, and community to help Christian entrepreneurs thrive in their work and multiply their transformational impact on the world, all while uniting the body of Christ in business.
Resources Mentioned:
HIS Kingdom Resources
Monday Jan 15, 2024
Monday Jan 15, 2024
Fasting is a tool that can be used for continued spiritual growth when done with the right heart posture. In this episode, Eric Scovill sits down with Pastor Nathan Rychener as they dive deep into the biblical discipline of fasting - what it is, why we do it, and how to get started.
Whether you're new to fasting or want to take your spiritual life to the next level, this discussion is full of practical wisdom and encouragement. Give this episode a listen to learn more about how fasting can strengthen your walk with God.
Here are some topics from today’s discussion:
Defining biblical fasting
Jesus' teachings on fasting
Fasting as a means to cultivate spiritual hunger
Using Scripture when fasting becomes difficult
Determining fasting duration
Fasting as a tool for spiritual growth
Episode Highlights:
[03:52] Defining Biblical Fasting
Nathan seeks to clearly define what biblical fasting entails according to Scripture. He states that the primary reason Christians fast is because they long for Jesus and want to be closer to Him, not just to receive personal breakthroughs. Fasting is about longing for Christ and intimacy with Him.
[10:34] Fasting for Intimacy with God
Nathan explains that biblical fasting according to Scripture is abstaining from food in order to spend more time praying to and reading the Word of God. He clarifies that fasting is not about trying to earn or manipulate power from God, but rather is a means of cultivating intimacy with Him through dedicated prayer and time in His presence
[14:02] What Fasting Looks Like Based on the Bible
Nathan provides several biblical examples of fasting to illustrate what it entailed according to Scripture. He mentions Moses' 40 day fast with no food or water, Ezra and Nehemiah fasting for protection, Daniel fasting for insight, Esther fasting to seek God's favor, and Jesus' 40 day fast in the wilderness. He emphasizes that biblical fasting generally involved abstaining from food and redirecting that time and energy to prayer and studying God's Word.
[22:20] Fasting as a Means to Cultivate Spiritual Hunger
Nathan discusses how fasting can awaken and increase our spiritual hunger for God. He explains that we don't typically fast unless we already have some level of hunger or longing for more of God in our lives. Fasting intensifies that hunger.
As the physical hunger pains start, taking ourselves deeper into prayer and Scripture can help direct that hunger spiritually. Nathan finds that as he fasts, his hunger and cry for more of God grows stronger. Fasting seems to be a tool the Holy Spirit uses to stir up a deeper spiritual hunger and appetite for Christ within us.
Monday Jan 08, 2024
Monday Jan 08, 2024
Have you ever struggled to hear God's guidance clearly? In this episode, Eric Scovill continues his conversation with Pastor Nathan Rychener on the topic of partnering with the Holy Spirit. They discuss practical tools for discerning God's will through prayer and partnership with the Holy Spirit. They explore the T-R-U-S-T prayer acronym, ways to wait on the Lord for answers, and developing a deeper relationship with Him over time. Nathan also shares insights from his own journey growing closer to God through praying in tongues.
Here are some topics from today’s discussion:
The TRUST prayer
Different ways to wait on God for guidance when not receiving a clear answer right away
Benefits of praying in tongues and ways to incorporate it into prayer time
Looking at the current state of our spirituality and the American church
Resources for developing a deeper relationship with God
Partnering with the Holy Spirit for spiritual growth
Episode Highlights:
[07:54] Different Ways to Wait on God for Guidance
Nathan recommends continuing to pray and seek the Lord, rather than giving up after just one brief prayer time. Nathan also suggests taking the decision to trusted advisors in one's church, as the Holy Spirit may provide insight and counsel through other believers. Checking Scripture is another option as God may have already directly answered similar questions in His Word. Nathan acknowledges that demonic interference or a dull spiritual state could potentially cloud what one is hearing from God as well. Overall, he emphasizes the importance of submitting one's ways to God through prayer, talking to Him about the decision, and trusting Him to lead and show the way in His timing, even if clarity is not immediate.
[16:31] Understanding the Holy Spirit’s Gift of Tongues
Nathan seeks to provide biblical clarity around the often misunderstood gift of tongues. He notes that 1 Corinthians 14:2 tells us that speaking in tongues is directed towards God rather than men, as the speaker is uttering mysteries in the Spirit. This aligns with Paul's description in the passage of one who speaks in tongues building up their own spirit. It does not need to be an earthly language but can simply be spiritual speech between the believer and God. He points to Jude 20 which encourages Christians to build themselves up through praying in the Holy Spirit. Further defending the gift, Nathan shares Paul's own example from 1 Corinthians 14:18 of thanking God that he spoke in tongues more than all the Corinthians. This glimpse into the apostle's prayer life underscores the importance and value he placed upon exercising this spiritual gift.
[28:24] Partnering with the Holy Spirit for Spiritual Growth
Nathan clarifies that while God wants to partner with believers, the partnership must be understood from His perspective as master rather than as equals. Nathan emphasizes that the partnership is not about coming to God with our own selfish ambitions, but coming to learn and submit to His goals and dreams for our lives, existing to do His bidding and say yes to His direction rather than expecting Him to help achieve our own agendas. This helps bring clarity around properly understanding the partnership as one that promotes spiritual growth through following where God leads.
Resources Mentioned:
The Beauty of Spiritual Language by Jack Hayford
The Language of Heaven by Sam Storms
Monday Dec 25, 2023
Monday Dec 25, 2023
How can we embed the Holy Spirit into our daily routines? In this episode of Wealth Well Done, Eric Scovill is joined by Pastor Nathan Rychener to discuss practical ways to partner with the Holy Spirit in our daily lives. They explore what it means to have an intimate relationship with the Holy Spirit and seek His guidance.
Here are some topics from today’s discussion:
Understanding the Holy Spirit as a person, not just a force
The importance of our words and how they can grieve the Holy Spirit
Ways to partner with the Holy Spirit beyond just emergencies
Developing deeper intimacy through the TRUST framework
Episode Highlights:
[10:02] Understanding Jesus and the Holy Spirit
In the passages from John 14-17, Jesus often references the arrival of "another helper", using the same Greek term which describes Jesus as our advocate in 1 John 2:1. The Holy Spirit is very much like Jesus, acting as our helper and counselor. The Holy Spirit's main responsibility is to "bear witness about" Him, essentially testifying of Christ and enhancing our comprehension of His identity. This passage, as interpreted by Nathan, emphasizes how collaboration with the Holy Spirit can deepen our knowledge of Jesus and strengthen our commitment to following Him.
[27:38] Ways to Partner with The Holy Spirit Beyond Just Emergencies
Nathan warns against relegating the Holy Spirit to a role of an "emergency fire alarm," only summoned in crises. He underscores that the Holy Spirit seeks to be a constant companion in every aspect of our lives - from routine tasks and decisions to interactions, schedules, relationships, and more. Nathan advises daily fellowship with the Holy Spirit through prayer and Scripture reading, and urges us to seek His guidance in all situations, big or small. His key message is to continually integrate the Holy Spirit into every facet of our Christian journey, rather than limiting His involvement to emergencies.
[31:16] Developing Deeper Intimacy through Prayer
Nathan shares a helpful acrostic he uses for prayer called "TRUST" –
Thanking - expressing gratitude to the Holy Spirit for His constant presence, gifts in his life, and work through him.
Revelation - asking the Holy Spirit for spiritual understanding and insight from Ephesians 1:17.
Reign in me- asking the Holy Spirit to have control and authority over specific areas of his life like speech, thoughts, motives, emotions, schedule, finances, health, and relationships.
Use me - asking to be an instrument to heal the sick, free those oppressed by demons, and see prayers answered.
Strengthen me - to withstand temptation and more fully obey and love Jesus.
Teach me - asking the Holy Spirit the ultimate teacher of God's Word and spiritual truths.
Nathan finds the "TRUST" framework particularly valuable for those wanting to develop a deeper prayer life and partnership with the Holy Spirit. It provides structure without being rigid or limiting, encouraging intimacy at each step.
Thursday Dec 21, 2023
Thursday Dec 21, 2023
In today's session, Eric Scovill interviews Bango Muzafalu, the director of International Children Care Ministries, an orphanage in Uganda. Having overcome childhood hardships to now care for 32 orphaned children, Bango shares his inspiring journey of faith and perseverance.
Bango further delves into the present state of Uganda, highlighting the struggles with unemployment, corruption, and issues related to the church. He elaborates on the vision for his orphanage and how you can contribute to their cause. This episode presents an intriguing exploration of faith, resilience, and triumph over adversity.
Here are some topics from today’s discussion:
Bango’s childhood backstory
How hardship strengthened Bango's relationship with God
Bango's calling to dance for God amid hardship
God is able and He provides.
A glimpse into life in Uganda: unemployment, corruption, and hope for the future
Christianity and orphanage in Uganda
Episode Highlights:
[07:43] Faith in Adversity: How Hardship Strengthened Bango's Relationship with God
Bango shares how losing both of his parents at a young age left him responsible for caring for his younger siblings in their time of need. His story provides valuable insights into how faith often develops and is tested through hardship in parts of Africa. Without their parents, Bango and his siblings faced tremendous challenges merely surviving each day. The circumstances were extremely difficult, with lack of food, shelter, and support. However, it was during these times that Bango's trust in God grew strongest. When all other options were lost, God became his sole source of hope and provision.
[13:51] A Gift of Hope: Bango's Calling to Dance for God Amid Hardship
Even during his most difficult times of poverty and uncertainty, Bango recalls having a strong inner calling to dance for Jesus. From a young age while living on the streets and struggling to provide for his siblings, Bango felt a love rising within him to dance and worship God. He would tell his friends one day he would dance for Jesus. This calling gave Bango purpose and hope during his darkest moments. Bango's passion for dancing was a gift that brought him joy, even in the face of tremendous hardship.
[21:06] A Glimpse into Life in Uganda
Bango shares some of the challenges facing everyday Ugandans. He explains that unemployment is widespread, as the large youth population struggles to find work. With few job opportunities, poverty is prevalent. Corruption also plagues the country according to Bango, with government resources not always reaching those in need. Despite these difficulties, Bango maintains hope for the future. While life in Uganda presents daily struggles, Bango finds purpose in caring for the community's most vulnerable - its orphaned children. Through his orphanage, he is able to bring relief to families during hardship. Bango underscores both the realities of living in Uganda, but also the resilience of its people. Even amid societal obstacles, compassionate individuals like Bango are making a difference through serving others with optimism.
Resources Mentioned:
International Children Care Ministries
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