Article
Culture
Economics
Generosity
5 min read

Be generous: pass on values and vision, not just wealth

Millennials may not earn more—but they could steward more wisely
An illustration of a family around a table looking at graph on a laptop.
Nick Jones/Midjourney.ai.

For the first time in modern history, this present generation of 28 to 43-year-olds will not achieve a higher standard of living than their parents. This is due to factors including wage stagnation, exorbitant house prices, equally exorbitant student debt, and an unstable job market.  

Paradoxically, this same generation stands to inherit the greatest amount of wealth in history. The Financial Times estimates this to be about £8.3 trillion in the U.S., £2.7 trillion in Europe, and £2.2 trillion in Asia.  

For Christian families fortunate enough to find themselves in this situation, it’s important to consider that passing on wealth is not just a financial issue, it’s a discipleship issue. And before we delve in, I want to acknowledge that not every reader will fit the traditional family model. You might be single, part of a blended family, estranged from children, or mentoring younger people instead of raising them. The principles here still apply - ‘next generation’ simply means those you influence.  

Talk about it 

One of my soap boxes is to encourage people, especially Christians, in the UK to talk more about money and giving. This becomes especially important within families who steward a lot of wealth. If parents don’t speak to their children about their wealth – what they’re doing with it and why – they run the risk of their children 

  • feeling overwhelmed by the responsibility and potentially making poor choices,  

  • not understanding or valuing their parents' heart for good stewardship and potentially squandering the wealth, 

  • doing things their own way and potentially dishonouring their parents’ wishes, or 

  • feeling resentful that they did not inherit as much as they thought they would. 

Being intentional and speaking openly as a family about your wealth will give you as parents a chance to inculcate your children with conviction about and purpose for what God has blessed you, and them, with. And it will give your children the opportunity to share their own heart and views on how to use wealth for good, as these may differ from yours.  

There is a plethora of information out there, and plenty of professional advisors who would love to be called upon to manage your wealth transfer, but, if you are a person of Christian faith, let us challenge ourselves to look to Scripture as a first point of departure.  

David and Solomon  

King David looms large as a character in the Old Testament. One of his ambitions was to build a temple for the Lord in Jerusalem. But God explicitly told him that he didn’t want David to do the building; instead, this project was to be passed on to his son, Solomon. We know that David was a very wealthy man, and that the temple building project would require vast amounts of resources, and thus, perhaps we can consider this instance as one of the great wealth transfers of ancient times. 

There are many takeaways from this story, but here are a few that stand out to me.  

David’s desire to build a temple for the Lord comes after he’s built an extravagant palace for himself. This invites a question: how many of us might come to the end of our working lives and realise we’ve had similar priorities?  

While we don’t have a way of knowing how much Solomon’s own ideas were welcomed in the planning and preparation, I think we can assume that David spent a lot of time imparting his vision and motivation to Solomon. There’s no way this kind of philanthropic project could’ve been executed otherwise.  

While this transfer started well, it didn’t end well. Solomon went on to accumulate even more wealth than his father and ended his life in a downward spiral of excess and deception. I’m not saying there is a direct correlation between inheriting wealth and getting caught in a downward spiral, but there are many temptations and pitfalls to contend with. 

There’s something to be said for timing. While one of the scripture passages that relate this story makes it sound like the handover went smoothly, another paints a very different picture. In it we see an elderly king clinging to his position and refusing to pass his mantle to Solomon until a coup by another son forces his hand.  

What can we learn from this?  

If we want our children to use their inherited wealth wisely and generously, it’s vital that they witness their parents modelling the right priorities. If I’ve pursued the accumulation of wealth more than I’ve pursued generously sharing my resources, my children are more likely to do the same. 

If we intend to pass our legacy on to our children, we must involve them in the conversation early on. And we must be careful to allow room for their own ideas lest they grow disillusioned and disengage.  

We cannot control what our children do with the wealth we give them; we can only do our best to model the right attitude before God when it comes to our resources. The best way to do this is to teach our children that everything we have comes from God and is to be used for his purposes, not for our own material excess.  

Know when to pass on the mantle. If we hang on too long, we risk opening the door to unnecessary division and conflict within our family. It’s also worth considering transferring wealth earlier rather than later in order to be philanthropically active as a family. As in a relay race, the person being passed the baton must for a time be running at the same speed as his or her predecessor.  

The great generational transfer  

When the time comes to hand over our resources and our legacy to the next generation, there are many things to consider. We’re not just handing over our money; we’re handing over all of what we’ve learned and experienced in our walk with God. I would argue that this spiritual transfer is even more significant than any other kind. For that, we have many biblical examples we can turn to: Moses and Joshua, Elijah and Elisha, Paul and Timothy, and of course, Jesus and his Church.  

Jesus told his disciples to go and make disciples of all nations, akin to what God said to Adam and Eve way back in the beginning: Be fruitful, fill the earth and exercise good stewardship over it. Our mission has always been to steward the earth, see it flourish, and point people to a relationship with God. To do this, God has put resources into our hands to be stewarded well and faithfully passed on to the next generation. It’s imperative that we do this well if our message is to be taken seriously.  

What would it look like for your family, or the next generation you influence, to steward both resources and faith together?  

 

Stewardship UK sponsors series 8 of the Re-Enchanting podcast. Find out more. 

Article
Culture
Film & TV
Romance
5 min read

The summer we turned romantic

Belly, the other Taylor, and the defiant desire to get married

Belle is the staff writer at Seen & Unseen and co-host of its Re-enchanting podcast.

The cast of The Summer I Turned Pretty pose on a wedding set.
Netflix.

A new communal rhythm has been unearthed over the hazy summer months, a fresh ritual has made its home among us. Every Wednesday, twenty-five million people are tuning into Amazon Prime’s The Summer I Turned Pretty. This show, an adaptation of Jenny Han’s novel of the same name, tells the story of ‘Belly’ – a young-ish girl who spends her summers staying with family friends at their beach house in the fictional yet notably Hamptons-esque town of Cousins Beach.   

It has all the ingredients of a wistful watch:  

A summer that we can vicariously bask in – tick.  

An absurdly chic beach house – tick. 

Two love interests who happen to be brothers and also happen to be tremendously easy on the eye – tick and tick.  

It’s time for me to lay my cards on the table, if it wasn’t already obvious, I am one of those 25 million people tuning in.  

Every darn Wednesday.  

I find the pull that this (OK, I’m going to say it… don’t hate me…) undeniably silly show has on us fascinating. I’m acutely aware that it’s been crafted to hit all the right notes, it is a masterclass in escapism. The show’s writers’ room probably had a tick-list of binge-ability traits plastered on the wall, the writers adhering to each one thoroughly. But there’s also something about our insatiable appetite for romance that shouldn’t be dismissed with an eyeroll. We are romantically-inclined beings, to a notable degree. And, what’s more, we feast on the presumption that romantic love is something that happens to us - some kind of cosmic inevitability, sitting just beyond our control, making fools of our will.  

In his essay, ‘Love and Need’, Thomas Merton wrote ‘the expression ‘to fall in love’ reflects a peculiar attitude toward love and life itself – a mixture of fear, awe, fascination and confusion. It implies suspicion, doubt, hesitation in the presence of something unavoidable yet not fully reliable’. While C.S. Lewis similarly speaks of its ‘strength, sweetness, terror and high port.’   

Thus, our obsession with romantic love takes a hammer to one of our most ingrained lies: that we want, above all else, to be in control. To be the most powerful force in any room. Immovable. Unshakable. It’s hard to keep up the façade that we want to be steady on our feet when we’re endlessly nurturing the idea of being swept off them.  

I could, as I have done before, suggest that this is an inherently spiritual matter. It’s a symptom of not believing in God, but craving him nonetheless.  

But, alas, my attention has wandered elsewhere.  

The Summer I Turned Pretty is currently running through its third series – so, we’re familiar with the love-triangle at this point, the internet has already decided which brother they’re routing for, we’re chomping down our third helping of Belly’s story. And so, what is the extra ingredient added to this third and final series? What’s keeping us on our toes? What’s ensuring that the stakes stay high enough to captivate 25 million of us? Well, interestingly, it’s the prospect of marriage. 

Belly getting engaged to one of the brothers truly upped the ante. At the tender age of 21, the show’s supporting characters are less than elated at Belly’s engagement, with whole episodes dedicated to her mother’s desperate - can’t you just live together?! – pleas. Marriage is too huge. Too weighty. Too significant. Nevertheless, Belly and her fiancé defiantly plan a wedding, determined to dedicate themselves to each other in the most consequential way they know how.  

And that interests me. the role that marriage still plays in our collective imagination interests me.  

This is a way we still imbue our love (even the fictional kind) with the utmost meaning. 

All of the data suggests that we are falling rapidly out of love with the very concept of marriage. In 2022, the UK’s Office for National Statistics told us that – for the first time ever – less than 50 per cent of people in the UK (above the age of 16) were married. And, of course, the minority who are married famously have a fifty-fifty percent chance of staying that way. You could make a robust argument that our society is pretty disenchanted with the whole institution.  

And yet, we seem to keep suspending that disenchantment. The Summer I Turned Pretty’s popularity is exhibit A. Exhibit B is Taylor Swift’s obscenely newsworthy engagement announcement. This August, she posted a collection of photos of her and her new fiancé, Travis Kelce, quaintly captioned ‘your English teacher and your gym teacher are getting married’. Her words alluding to her songwriting and Kelce’s football career. Journalist, Helen Lewis, notes the ‘defiant conventionality’ of it all. A defiant conventionality that is also woven into Belly’s rebellion – her audacity to rebel against her parents’ wishes and… get married.  

It's all just left me wondering, as old-fashioned as it sounds – is there anything more romantic than marriage? Is it ever fully dis-enchant-able? I guess I’m just struck by how it’s still something we do, you know? We are meaning-making creatures, and this is a way we still imbue our love (even the fictional kind) with the utmost meaning.  

We bind ourselves to someone else; perhaps defying our survival instincts in the process (it’s certainly the case that unmarried women live longer). It’s costly, it’s hard, it has a certain prodigality about it. Henna Cundill thoughtfully studies marriage as a ‘much slower kind of martyrdom, a decision made not once but daily, in a society where such decisions are frequently undone’. We lay our lives down for something that is bigger than us. It’s a weird human idea, if you think about it. So odd, in fact, that I’m confident in my inkling that it isn’t a human idea at all. It’s dripping with sacrality.  

This really has been the summer we turned romantic. Well, 25 million of us, at least.

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