Abstract
This article critically explores the idea of savings from the New Testament perspective, particularly, using the Pauline fundraising strategy. It argues that the direction given by Apostle Paul regarding the fundraising of the Gentile Christians constitute an informal economic theory of savings. Content analysis was used in reviewing relevant literature for the study. It was established that the directions Paul gave to the Gentile Christians regarding the fund raising constitute informal savings principles. Additionally, Pauline fundraising strategies was eschatological and relational in nature. The paper concludes that Paul’s fundraising was centered on three concepts namely, generosity, gratitude and mission. In this regard, Paul’s fundraising economic theory had the sole aim of bringing social change in the lives of the Jewish Christians.
Highlights
This paper seeks to point out that the direction given by Apostle Paul regarding the fundraising of the Gentile Christians constitute an informal economic theory of savings
It is against his claim that Paul did not develop an economic theory that this paper argues that the directions given to the Gentile Christians by Paul regarding fundraising constitutes an economic theory of savings
The issues examined in this study are, concept of fundraising, a brief history of fundraising from the Judeo-Christian perspective, and Paul’s economic theory
Summary
INTRODUCTION2 Writing about what he refers to as Apostolic Economics,Tiede admits that preaching about money in the Church is challenging because the congregation has informed economic opinions as well as the fear that they would be asked by the clergy to donate more.3 He further opines that with the current unstable global economy, the clergy can use the Bible4 to teach lessons on Apostolic Economics with the view of aiding congregants liberate themselves from the numerous economic woes challenging them.5 he reiterates that Apostle Paul did not develop an economic theory but rather invited the saints to understand the proper meaning and power of their money in the context of Jesus’ death and resurrection.6 It is against his claim that Paul did not develop an economic theory that this paper argues that the directions given to the Gentile Christians by Paul regarding fundraising constitutes an economic theory of savings. This paper seeks to point out that the direction given by Apostle Paul regarding the fundraising of the Gentile Christians constitute an informal economic theory of savings.
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