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. 

Review
Books
Culture
Podcasts
Re-enchanting
5 min read

The book, the ritual, and the reader

Season 7 of Re-Enchanting explores how books shape our habits and our search for meaning

Tom Rippon is Assistant Editor at Roots for Churches, an ecumenical charity.

  A reader sits on a sofa with a raised leg and holds a book
Jonathan Sanchez on Unsplash.

When was the last time a book elicited spontaneous reverence from you? It’s something of a cliché to say that books take you on a journey, but sometimes a book comes along which simply demands to be read with ceremony.  

This is the experience of the writer Donna Freitas, just one of the guests welcomed onto season 7 of the Re-enchanting podcast. In her conversation with Belle Tindell and Justin Brierley, she describes how her morning routine of coffee and a book has practically attained the status of a ritual for her. Freitas describes the deliberate preparations she made for the final chapter of Alice Winn’s In Memoriam, a historical novel exploring the relationship between two young soldiers in the trenches of the First World War as their idealised understanding of war shatters and their suppressed feelings for one another play out against a shifting backdrop of class, national identity and belonging. Freitas’ ceremonial approach to finishing her book - you’ll have to listen to the episode to hear more about this - may sound somewhat unusual at first for the respect and honour that it implies is due to a book, but this notion of textual reverence finds a distant echo in the Christian faith, where the Word, living and written, is central. 

Freitas’ particular experience of faith is recounted in her book, Wishful Thinking: How I Lost My Faith and Why I Want to Find It, but listening to her description of her reading experience posed its own questions for me. At what point does habit become ritual? And how do we distinguish between them? Even as people develop individual, secular rituals to give rhythm to their lives, this does not always translate into an openness towards religious ritual. Does this mean that ritual today is understood as an individual, rather than shared, activity? Despite some evidence suggesting a revival of sorts in the Christian faith, most of the growing churches in the UK tend place more emphasis on spontaneity than ritual, but perhaps our continued desire for ritual and familiarity should give mainstream churches a reason to pause in their current approaches to church planting?  

Either way, for many of us, a home-grown ritual of an enticing cup of coffee paired with the smooth, dry pages of a book first thing in the morning may simply sound like an inviting, yet sadly unattainable, prospect. Sometimes just getting everyone and everything out the door on time constitutes an epic in itself. However, since there’s no harm in fantasizing, let’s peruse the Re-enchanting back-catalogue for more reading recommendations. 

Looking back over season 7 of Re-enchanting, I’m struck by how popular biography remains amongst our guests’ reading choices. Nadim Ednan-Laperouse recommends Heidi Barr’s autobiographical account of the near-death experience which led to her conversion from Orthodox Judaism, What I Saw in Heaven. Lamorna Ash, whose work explores the softening of Gen Z’s attitude towards Christianity, appropriately lends balance to her Re-enchanting moment with her recommendation of John Stuart Mill’s autobiography, which recounts his journey away from faith. The faith landscape in the UK is certainly shifting at the present time and perhaps the only way to truly understand these shifts is to read both sides of the story. We need to read about journeys away from faith as much as journeys to faith in order to understand the society in which we work and witness. A data scientist might call these eliminating biases, a literary critic might call it awareness of an unreliable narrator.  

Telling the story of someone’s life is at the centre of Bear Grylls’ most recent work, The Greatest Story Ever Told, in which he retells the life of Jesus through the eyes of those around him. The emergence of the faith is told from the perspective of those coming to faith, a hint perhaps that faith has to be remade, reborn, resurrected even, afresh for each person. Read Bear Grylls’ own take on his book, written for Seen & Unseen earlier this year. 

Grylls’ own work seems to have an almost essay-like quality through its short, accessible chapters and essay collections seem popular amongst our other guests as well. Lamorna Ash also recommends Pulphead by the journalist John Jeremiah Sullivan, a collection of essays spanning topics from eco-anxiety and the blues to the Tea Party and Christian rock, each giving a brief insight into the concerns and ponderings of a thousand other minds. It strikes me that such collections are the literary equivalents of hitting shuffle play, the perfect fit for those reading rituals that have to be scattered in-between other moments of activity. If you’re searching for some faith-based content for these moments, then I recommend Richard Carter’s Letters from Nazareth, a collection of meditations from the contemplative tradition written for those ‘catch your breath’ moments in the day. 

Alternatively, if it’s escapism and adventure that you are after in these moments, then take up Grylls’ own suggestion, The Wager: A Tale of Shipwreck, Mutiny and Murder, by David Grann, a true story yet wildly adventurous. For those in search of more light-hearted reading, then turn to another stalwart of Re-enchanting reading lists, C.S. Lewis, whose The Silver Chair comes recommended by NYT columnist and author, Ross Douthat. As Lewis himself said, ‘a children’s story that can only be enjoyed by children is not a good children’s story in the slightest.’ Perhaps it’s time to put Lewis’ own works to the test. 

Long summer days of the kind envisaged in children’s books may now be a distant memory for most of us, but with each change in season comes a new reason to pick up some reading material. I hope these autumnal days with their familiar ritual of falling leaves lead to a home-grown ritual of turning leaves for you. 

  

Some further suggestions: 

  • Letters from Nazareth by Richard Carter – Meditations on home from St Martin-in-the-Fields. 

  • Her First American by Lore Segal – An exploration of Jewish-Black trauma and solidarity in 1950s New York. 

  • seven steeples by Sara Baume – A meditative novel on the rhythmic course of life in rural Ireland. 

  • How Bad Are Bananas? by Mike Berners-Lee – Bite-sized explanations of our place in a changing climate. 

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