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Moorhead seminar shares financial advice from the Bible

Ryan Syvrud talks with people attending a financial seminar about preparing and living on a monthly budget Saturday at Triumph Lutheran Brethren Church in Moorhead. (Dave Wallis/The Forum)

MOORHEAD - In today's economic times, the best financial advice might be found in the Bible.

"Journey to True Financial Freedom," a seminar Saturday at Triumph Lutheran Brethren Church in Moorhead, explained biblical principles of money management.

The Rev. Jim Osvold, pastor of volunteer ministries at Triumph, said now is a good time for people to look at their financial situation, and how it reflects their priorities.

"Other than the grace of God, the love of God, finances seems to pop up more than any other topic," Osvold said. "If this is important to Jesus, then we should probably also look at it."

Ryan Syvrud of Fargo, the seminar presenter, explained God's perspective on money by citing one scripture passage after another:

- On avoiding debt: "The rich rule over the poor, and the borrower is servant to the lender." - Proverbs 22:7

- On saving: "In the house of the wise are stores of choice food and oil, but a foolish man devours all he has." - Proverbs 21:20

- And on being a good steward: "So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?"- Luke 16:11

Syvrud said believers need to accept that everything belongs to God, and he will hold them accountable as stewards of his possessions.

"Money is a testing ground," Syvrud said. "There are some people who will not go to heaven because of money."

The seminar was developed by Crown Financial Ministries, a nonprofit that teaches God's principles of money.

Syvrud was a young chiropractor with student debt, business loans and a mortgage when he started listening to a Crown Financial Ministries radio program. He started teaching the program and joined its staff.

"Crown Financial Ministries has been a blessing for me," he told the nearly 100 seminar participants. "I hope I'm a blessing for you today."

The seminar also offered budgeting tools, financial plans, and practical steps to avoid and eliminate debt.

Lance and Gretchen Morrison of Fargo attended looking for God's guidance.

"He's going to be the one constant and the solid no matter what the world is going through," Gretchen said.

They related to Syvrud's point that debt is a form of slavery.

"We do feel a bondage," she said. "Compared to many, we don't have a lot (of debt), but it's bondage no matter what."