Hedge funds won't get us to heaven
By Stephanie Nagley
Jesus talked about money more than anything else – the love of money, the desire for money, the lack of money, the abundance of money. Money, he knew, challenges and changes us like nothing else. Money is powerful – so powerful that something that is supposed to be useful too often just leaves us feeling used.
We’re smart people so we know what happened on Wall Street. We may not grasp all the complexities but we know what happened in the broad scheme. We know that a lot of other smart people got greedy, and the love of money took them on a magical mystery tour. The ride is over and all of us will pay the price.
Hedge funds won’t get us to heaven or make heaven on earth. “Where your treasure is there your heart will be too.” Giving to the church and organizations that believe, trust in and hope for heaven on earth says volumes about what we hope, believe and trust. We aren’t trying to buy our way to heaven for heaven can’t be bought. But giving to heavenly causes brings us closer to our reason for being and helps further God’s work in the world. That’s our slice of heaven here and now.
As I watched the Dow drop and heard about credit markets freezing, I felt nervous like most everyone else. But I also sensed an opportunity, an opportunity to get my own house in order and to reallocate where I put my treasure.
The word economy is rooted in the Greek word household. Our churches are part of the household of God. A pledge is our way of living God’s household, a household guided by the economy of abundance. Our participation matters – it matters not just to our individual churches, but to something greater. When we write a check or make a stock transfer, we’re making an investment in the household of God. We’re placing our money and our lives on the line for a dream. We are saying that we believe that the dream, the dream of God, can, must, shall come true.
The Rev. Dr. Stephanie Nagley is rector of St. Luke’s Church, Bethesda, Md.

Thank you Stephanie for your provocative text. Normally the financial field in private or public lives is the last frontier who experiences metanóia!
Francisco Silva
Posted by xicoassis
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March 13, 2009 12:58 PM
Interesting article in regards to money.
I think if there's a key difference between churches nowadays and the ones in Jesus' times, money seemed to be more important now than back then.
I know I might be going tangent here... but here are some reasons why I think churches are now being operated like a business and money is important now.
1. For small parishes, the rector's salary represents majority of the church's expense every year.
2. Think of the numerous events the Episcopal Church has, whether it's at the local or national levels. But what most of these events have in common is that the participants need to pay some money to attend... more so with the national events than the local ones. Anyhow, with these national events, costs could add up if you were not a local. So, this is where monetary support from the churches come in, as they could give devoted ministers of the church a lift. After all, these people are sacrificing their time and money to do God's work in these churches.
3. In regards to ministries in our churches, some churches paid some qualified people (youth ministers, musicians, etc.) for ministries in the church. Some churches used volunteers entirely. So, I think there's an argument of "quality of ministry versus money spent on the ministry". Personally, I think quality on some ministries are very important, because that gives the church some credibility for some church seekers goes... whether it's their preferences or interests in joining some of the ministries in the church. For some ministries, I think it's a waste of money because there could be spots where churches could indirectly support members from within, whether it's a line or two on their resume or school applications, where it would be win-win for the church and the members who are involved.
4. Nowadays, churches need money to survive. After all, I have heard some churches in Chinese ministry had to fold because they couldn't support themselves financially. That's sad because financial situations basically tear up church communities. Moreover, for these folks, because they probably got used to the Chinese churches, they would be facing a tough situation- stay in the same denomination but to a church that doesn't offer Chinese services or go to a Chinese Episcopal Church (if applicable), or go to a church in a different denomination but offers Chinese services?
All in all... as much as I want to agree with the title, I think money is a critical factor in certain situations at our churches today.
- Bill Wong
Posted by TheHumanCalculator
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March 13, 2009 3:43 PM
Bill, I think you have a point, and also miss one. I would suggest your comparison makes more sense to, say, the last century, and less to the First.
The biggest change has been simply the loss of a barter economy for a cash economy. While the Roman was to a great extent a cash economy, there was still a lot of local exchange of goods and services without money. So, that's the hardest part of "parishes needing money:" we're simply no longer geared to any other means even of local support.
That's not to say that it can't happen. Members donate labor and goods in many cases. At the same time, how many of our clergy could return to being paid in poultry and fresh tomatoes? (Not that my wife and I haven't spent some time thinking about what that might mean; but we're by no means normative. We cook.)
Marshall Scott
Posted by mscottsail
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March 16, 2009 11:06 AM