Making a Differencewith Pastor Phil Erickson

Jan 17th, 2024 The Joseph Principle

Today’s Passage – Genesis 43 – 44 (Click on the references to listen to the audio – Click here to view the passage from Blue Letter Bible)

(Second Milers also read – Mark 5 – 6; Proverbs 17; Psalms 81 – 85)

Listen to this morning’s Scripture Song – Psalm 92:1 – 4

Read the “0117 Evening and Morning“ devotion for today, by the late Charles Haddon Spurgeon.

Read previous posts from today’s reading passage – “Bereaved Again,”  “Passed the Test,” and “People Can Change.”

“And the famine was sore in the land.” (Genesis 43:1)

Back when I was in Bible college in Texas, our pastor would teach a principle and refer to it often when he was counseling people regarding finances and stewardship. He called it the “Joseph Principle,” which basically teaches that money needs to be saved in the plentiful years so that there will be enough to last during the lean years. In these chapters that we have been reading here in Genesis, God miraculously revealed to Joseph through the dream of Pharaoh that there would be seven very plenteous years where there would be an abundance of food produced in Egypt and the surrounding area, which included the land of Canaan where Joseph’s family lived. Unfortunately, those seven very good years would be followed by seven very bad years when the crops would fail and food would be scarce. Note – the story of Pharaoh’s dream and the plan of Joseph is found in chapter 41. The implementation of the plan and the results of the famine are in the following chapters including the portion for today.

Joseph came up with a plan that would dramatically increase the strength and prosperity of Egypt through those lean years. He advised Pharaoh to purchase as much food as he could during the plenteous years, when it was cheap, and then store it up for the lean years. When the abundance ran out in the land, people were then forced to go to Joseph and purchase food from him at a much higher price, and then when their money ran out, they were forced to turn over their land to Pharaoh in return for food. The wealth of Egypt increased while all others who were unprepared suffered tremendous losses.

The very obvious stewardship principle that we should learn from this story is that we also need to store up wealth and other resources when it is abundant so that we will have enough when the lean years come. Right now, in America, we are still experiencing incredible prosperity. God has blessed this nation abundantly. I know that we are in a period of inflation and that interest rates have increased somewhat recently, but there are still plenty of jobs out there and much income to be earned for people who are willing to work hard. As a matter of fact, in this lazy culture that we are living in, if you are willing to be diligent and work hard you will be an absolute hero at your workplace and will likely advance very quickly. There is really no excuse today for people to be struggling, unless they have health issues, etc., that are hindering them from being able to work.

But during these prosperous times, you must prepare for the lean years that will surely come our way in the future. You cannot squander all that God supplies you with today. You need to save some of it for tomorrow. My recommendation to you who are able to work and earn income for your family is to earn as much as you can today while still maintaining your family and spiritual priorities. In other words, don’t spend so much time working that you are neglecting your time with your family and your service to the Lord.

Once you have a good source of income, you need to budget your money carefully, making sure that you are giving back to the Lord. I am a believer in giving at least a tithe to the Lord’s work as well as offerings to special projects. You also need to be saving for the future and for the rainy days that surely will come. There are a lot of great Christian resources out there that can help you in the area of stewardship, but one in particular that we have used to help the folks in our church is Ramsey Solutions, a ministry headed up by Dave Ramsey that has helped many people get out of debt and prepare for their future. There are other good resources available as well.

Don’t put off preparing for the future. If you start now, you will be in a strong position when the times get hard and you may even be able to help others who are not as prepared as you are. The Joseph Principle is a great nugget of wisdom that all of us should put into practice before it is too late.