Premium Essay

Essay On Good Stewardship

Submitted By
Words 790
Pages 4
Good Stewardship Today Means a Brighter Future

Good stewardship over the limited resources that have been entrusted to us today can have a long-lasting impact. Not only is it important for someone to be able to recognize when they have poor financial habits, it is even more important to educate someone to achieve financial freedom. It’s easy to follow our inclination toward acquiring “stuff.” However, when we are obsessed with stuff, we miss what’s really important and end up struggling financially and emotionally. Financial bondage is a serious problem that is easy to get into; getting out is much harder.
First, children and young adults should be taught at a young age to manage their finances. I believe young adults (including Dalat students) …show more content…
In America, college costs have been growing at a rate faster than inflation for over a decade. The resulting student loan debt, most of which belongs to young people aged 22-40, is causing a lot of trouble for the whole economy. The average college student is graduating with $32,000 in student loan debt . Not only do they have to pay this back with interest, it affects them in other areas of their lives. Debt forces students to postpone life in several key areas including buying a house, getting married and saving for retirement. On top of all this, college degrees are more common than ever; record numbers of Americans have a college degree and its impact on future earnings is not what it used to be. So, college students are paying more for a degree that will earn them less than the same degree did a generation ago. And we want to go into debt getting this degree? This is absurd. For all these reasons, students today need to be taught the importance of avoiding college debt.
In conclusion, the best way to avoid the never-ending stress of financial bondage is to get educated on financial matters while you are young, start saving today, and avoid college debt. Practicing these three principles will go a long way towards financial security. It has been said that 80% of financial success is behavior – spending habits, attitudes toward saving, debt avoidance, etc. – and only 20% is head knowledge. Small changes we

Similar Documents

Free Essay

Managing

...| SUBJECT NAME : | Managing, leading, stewardship | | SUBJECT NUMBER : | 21937 | | Subject Co-ordinators lecturerstutors | Dr. Walter Jarvis Dr. Natalia Nikolova Dr. Stephen Wearing Management Discipline Group UTS B-School Dr. Walter Jarvis Dr. Natalia Nikolova tba | SUBJECT PRECIS An understanding of managing, leading and stewardship is foundational to the development of students as responsible and accountable leaders, managers, followers and stewards. This subject aims to prepare students to meet profession-like objectives and how to guide others to meet collective responsibility in morally challenging situations. To do so, the subject develops the concept of stewardship to help leaders to better understand how to promote and sustain the symbiotic integrity of business and society, i.e. where business serves society's needs for not just products and services but in ways that earn public trust and respect. The approach taken in the subject delivery and associated assignments is to encourage students to recognise the place of business in society and to cultivate a personal commitment toward earning and sustaining public trust in consideration of others in their business judgments and decision-making. SUBJECT PRECIS An understanding of managing, leading and stewardship is foundational to the development of students as responsible and accountable leaders, managers, followers and stewards. This subject aims to prepare students to meet profession-like...

Words: 5552 - Pages: 23

Premium Essay

Leadership

...An increasing number of educators have begun to discuss how leadership evolves to match this quickly changing world. Usually people believe good leaders should have outstanding charisma and skills in order to lead successfully. This essay, however, will examine the servant style of leaderships which, rather than relying upon command and control, is structured from the bottom-up. That is, servant leaders approach the organizational goals by establishing the organization’s norms to help people who is in need.(Tiaki, 2014). Servant leadership is of 3 core elements: listening, conceptualization and stewardship. This essay will discuss these three elements and demonstrate how they work in action by examining the life and exploits of Martin Luther King. When discussing about the servant leaders, the ability of listening can be emphasized at the very beginning. That is more than just listening. This is where making conscious efforts to hear not only the words that another person is saying but, more importantly, try to understand the complete message being sent. According to Nichols(2009),good listeners try to understand and realize what speakers say to them and no judgment will be delivered. So good listeners not only make speakers perceive that what they are talking about is interesting to the listeners but also to get information, understand and learn at the same time. For examples, If students can pay more attention and patience to listen to what teachers say in the lectures obviously...

Words: 1997 - Pages: 8

Free Essay

Enviromental Ethics

...with raising temperatures and huge variations in extreme weather across the world, it is clear that environmental ethics must be taken very seriously. But there have been a number of ethical approaches towards the environment trying to tackle and provide moral guidelines on how to treat and use the earth. During the course of this essay I will attempt to outline a few of the main secular and religious approaches to environmental issues and then through evaluation come up with a conclusion on which I feel is the best to follow. To make a good environmental theory, the ethical approach must provide moral guidelines for governments, big businesses and individuals alike. One secular theory, which tries to achieve this, is Conservationism. The conservationist theory aims to look at the value of that the environment has to humans and how looking after it and using it will affect us. The conservationist approach takes a shallow ecology approach, which believes that the earth has instrumental value. This means that if lowering the carbon emissions to protect the Maldives will benefit human life then a conservationist approach will argue that this is a good thing to do. The conservationist approach can be closely linked to Bentham’s hedonistic approach to Utilitarianism, sharing the ‘ if its beneficial enough to humans then we will do it but we wont bother if its too much work’ approach, which is also a secular theory. This anthropocentric view is useful when looking at ways to ensure...

Words: 1432 - Pages: 6

Premium Essay

Finance Faith Interation

... ABSTRACT This essay will provide a scriptural key to understanding the topics of finance in a Christian worldview perspective. The illustrations will be reflected through the events found in God’s word, providing a greater understanding into the relevance of the Bible in today’s economic world. It will show the importance of the integration of faith, as God has provided his wisdom for today in the illustrations of the Holy Word. Refer to II Timothy 3: 16 – 17; “All scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the servant of God may be thoroughly equipped for every good work” (NIV, 2005), to understand that God’s word continues to apply today as it has maintained strength and reference to aspects of life and development. The topic of finance is addressed throughout the scriptures with suggestions for the proper practice. It is clear in the study of his word that finance is a part of the structural design that is to provide for the development of humankind and the world. INTRODUCTION TO FINANCE Stewardship How faith integration manifest itself within the practice of corporate finance can only be found when studying God's word within the Holy Bible and practicing its teachings. One important aspect of integrating ones faith within the context of finance is through stewardship. Stewardship is defined as; " 1. the position and duties...

Words: 3450 - Pages: 14

Premium Essay

Term

...Leadership, Trustworthiness, and Ethical Stewardship Leadership The problem with ethics is that what may seem morally right ( or ethical ) to one person may seem inappropriate to another. The reality of ethical leadership is that it is never about intent and always about behavior. In today's business climate of heightened sensitivity to corporate wrongdoing, ethical leadership is the right focus to pursue as a worthwhile business strategy. It can safeguard your organization from making headlines for all the wrong reasons. A leadership team may be sincerely committed to fostering an ethics based culture. But awareness alone will not be sufficient to instill ethical behavior and practices across the organization. It requires consistent and conscious effort to impede an ethical perspective into day to day leadership and management behaviors. This essay presents a global perspective on a particular tribe of the human race. The question addressed is that of leadership. I have pondered on the paucity of quality leadership in the world at the present time. From reflections on different traditions, I came to believe that the answer was simple and ancient, yet perhaps more radical than old fashioned. Without ethics, rooted in a spiritual practice that entails meditation, there is no possibility of a leadership emerging that would rest on principles of integrity, compassion and awareness. The lack of leadership, truth and integrity in public life exist simply because the world is...

Words: 1334 - Pages: 6

Premium Essay

Leadership: Trustworthiness and Ethical Stewardship

...Leadership: Trustworthiness and Ethical Stewardship MGT7019-8: Ethics in Business Northcentral University Dr. Jo Ann Davis November 12, 2012 Leadership: Trustworthiness and Ethical Stewardship The problem to be investigated is the correlation linking the components of leadership, trustworthiness, ethical stewardship, and their effects on sustainable organizational culture. This paper will identify both the similarities and differences between the practices of those who have influence over the decision making process pertaining to the ethical issues faced by their organization. In addition, this essay will present an evaluation of the measures that a business may take to meet ethical considerations relative to social performance, financial performance and reputation. Finally, the paper will provide an assessment of the degree to which social, ethical and public issues should be considered regarding both internal and external shareholder connections. Among the international business market, the significance of comprehending the associations connecting management behaviors, awareness regarding manager’s trustworthiness and the moral duties inherent in the psychological bond are becoming progressively more important (Caldwell, Hayes, & Long, 2012). It is increasingly acknowledged that one’s moral character and competence are important prerequisites of the trademarks for leading with integrity and having the ability to build trust in organizations (Harrington, 2010)...

Words: 1892 - Pages: 8

Free Essay

Christian Duty in the Natural World-Mla

...work. In the very first book of the Holy Bible we see God demanding of us to be stewards of the environment. In the Bible we see, “The Lord God took the man and put him in the Garden of Eden to work it and take care of it.” (ESV Study Bible: English Standard Version, Gen. 2:15) In this passage it is clearly apparent that God assigned the responsibility of stewardship of the planet to man. By taking a more allegorical approach to this particular piece of the Bible, a reader can see that the Garden of Eden is actually the planet Earth itself, pre-sin, and God’s placement of Man and directions to him as the charge put forth on maintaining the planet. Yet another example is found in Leviticus 25:23, “The land shall not be sold in perpetuity, for the land is mine. For you are strangers and sojourners with me.” In this verse, it can be gathered that, in effect, mankind is not truly natural in this world and that God is essentially allowing Man to “borrow” the planet Earth, until a time when He chooses to retake it. Even in the New Testament, there are several instances where Jesus Christ points out the important of being a good steward to the land and the rewards that will be inherited in the afterlife as a...

Words: 2015 - Pages: 9

Premium Essay

Leadership

...MGMT20125
Leadership and Governance Term 1 - 2013 Profile information current as at 22-Mar-2013 16:04 Assessment Tasks WRITTEN ASSESSMENT Assessment Title Assessment item 1— Essay
This assignment requires you to write an essay on why the leader’s role is critical to effective governance of organisations. Your essay topic should be informed by the extant literature on leadership and governance, especially literature which points to the need for organisations to develop forms of leadership and governance that operate effectively across shifting boundaries of the new economy. You are also required to examine literature highlighting the need for organisations to create ethical corporate culture (Caldwell et al 2008; Schwartz 2013) since ethical leadership influences group in-role performance (Walumbwa et al 2012). Finally, you will review the existing leadership research which proposes relationships between organisational leadership, leadership development, followership, organisational governance and organisational performance (Carcello 2009). Caldwell, C, Hayes, LA, Karri, R & Bernal, P 2008, ‘Ethical stewardship: implications for leadership and trust’, Journal of Business Ethics, vol. 78, pp. 153-164 (online EBSCOHOST).
Carcello, JV 2009, 'Governance and the common good', Journal of Business Ethics, vol. 89, pp. 11–18 (online EBSCOHOST). Schwartz, MS, 2013, ‘Developing and sustaining an ethical corporate culture: the core elements’, Business Horizons, vol.56,...

Words: 560 - Pages: 3

Premium Essay

The White Coat Rhetorical Analysis

...The author of “The White Coat” essay embodies the Jesuit value, a person of others. This Jesuit value encourages a person to embrace diversity, respect life, and value human dignity regardless of religious, cultural, or socioeconomic status. A person of others appreciates one another’s unique talent, optimism and energy. They, like the author, value relationships and put purpose before task, no matter how large or complex the situation. They understand that each individual is important and give as much professional and personal attention as that individual requires. Similarly both parties appear to be motivated to work towards the common good and display a commitment to service. They seek knowledge in the service of humanity; living in a shared,...

Words: 369 - Pages: 2

Premium Essay

Faith and Integration Essay

...How faith integration manifests itself within the practice of corporate finance can only be understood when studying God's Word and practicing its teachings. One important aspect of integrating one’s faith within the context of finance is through stewardship. Stewardship is defined as;"1. the position and duties of a steward, a person who acts as the surrogate of another or others, especially by managing property, financial affairs, an estate, etc. 2. the responsible overseeing and protection of something considered worth caring for and preserving" (Dictionary.com, 2012). Stewardship in the context of faith integration is the act caring for and protecting the resources that God has entrusted us with and using them in a way that will bring Him glory and help to build up God’s kingdom (Porter, 2006, p. 817). This has an immediate inference to financial interactions. Luke 12:42(NKJV) states; “And the Lord said, “Who then is that faithful and wise steward, whom his master will make ruler over his household, to give them their portion of food in due season?” This passage of scripture continues in verses 43 and 44 to discuss how blessed that servant will be and how he will be made ruler over all that the possessions the master has. The individuals working in the field of finance who do their job well, will also be rewarded and/or compensated. When examining the goals and governance of the corporation, as well as, the financial markets and institutions, there are a number of individuals...

Words: 3243 - Pages: 13

Premium Essay

Leadership

...REGENT UNIVERSITY The Understanding and Practice of ServantLeadership Servant Leadership Research Roundtable – August 2005 Larry C. Spears President & CEO The Greenleaf Center for Servant-Leadership The servant-leader is servant first. It begins with the natural feeling that one wants to serve. Then conscious choice brings one to aspire to lead. The best test is: do those served grow as persons; do they, while being served, become healthier, wiser, freer, more autonomous, more likely themselves to become servants? —Robert K. Greenleaf The mightiest of rivers are first fed by many small trickles of water, and an apt way of conveying my belief that the growing number of individuals and organizations practicing servant-leadership has increased from a trickle to a river. Servant-leadership is also an expanding river, and one which carries with it a deep current of meaning and passion. The servant-leader concept continues to grow in its influence and impact. In fact, we have witnessed an unparalleled explosion of interest and practice of servant-leadership in the past fifteen years. In many ways, it can truly be said that the times are only now beginning to catch up with Robert Greenleaf’s visionary call to servant-leadership. The idea of servant-leadership, now in its fourth decade as a concept bearing that name, continues to create a quiet revolution in workplaces around the world. This article is intended to provide a broad overview of the growing influence this inspiring...

Words: 4875 - Pages: 20

Free Essay

Uc100

...We  all  hear  about  this  word  at  one  point  and  time  in  our  lives…  climate  change.  Hot       summers,  cold  winters,  and  bush  fires,  air  pollution  and  rising  sea  levels,  yet  no  one       seems  to  question  what  the  cause  is  of  this  issue.  Who  is  directly  involved  and  what       are  stakeholders  such  as  the  Australian  government,  economy  and  the  Christian       perspective  doing  in  order  to  combat  this  issue.    According  to  UNFCC  climate  change       is  defined  as  “  a  change  in  climate  which  is  attributed  directly  or  indirectly  to  human       activity  that  changes  the  composition  of  the  global  atmosphere  in  which  is  in       addition  to  the  natural  climate  variability  observed  over  a  compatible  time  periods”.       Greenhouse  effect  is  defined  by  the  Australian  Academy  for  Science  as  a  barrier  that       traps  heat  energy  in  order  to  keep  the  planet  warm.  The  average  temperature ...

Words: 2334 - Pages: 10

Premium Essay

Servan Leadership Theory

...Servant-Leadership Theory from a Socially Constructed World View and a Biblical World View Mark J. Dixon Jr. Liberty University Abstract Servant-Leadership Theory has been a progressive theory in which much study has been done. Robert Greenleaf began using the term servant leadership to encourage leaders to first want to serve. There are two different world views discussed in this research paper that will shed light into what it takes to be a servant leader and how it can be successful if there is a full understanding of the theory present. There is the secular and the biblical world view in which differences in the two are identified. Servant-Leadership is meant to be more than just a way to see positive outcomes in a business, but it also transfers into effecting people’s lives. An attempt to enhance understanding and the question trying to be answered here is what separates the secular view of Servant-Leadership Theory from the Biblical worldview. This paper examines the characteristics and goals of servant-leadership though both worldviews to give a better understanding of servant-leadership theory. Keywords: servant-leadership, characteristics, biblical, secular Servant-Leadership Theory from a Socially Constructed World View and a Biblical World View There has been much attention given to leadership theories since the introduction of Servant-Leadership Theory by Robert Greenleaf in 1970. Greenleaf’s intent for servant-leadership is to help not only the leader...

Words: 4875 - Pages: 20

Premium Essay

Climate Change

...Climate Change The world’s changing climate will affect humans, ecosystems, cities and energy use, all in varying degrees (Gillard, 2011; Australian Catholic University, 2013b). This essay will describe the climate change issue and explain how it pertains to social justice and the common good. Climate change influences many different stakeholders, including governments, skeptics, the media, developing countries and future generations (ACU, 2013b). This essay will explore three of those perspectives being, developing countries, economists and Christians. It will identify the stakeholders, analyse their perspective highlighting their viewpoint on change. This viewpoint will be examined in terms of the common good and the principles of human flourishing and conclude discussing how the common good may best be served. Climate change is the change in the earth’s climate over many years. This change includes global warming, measured by the rise in the earth’s temperature (ACU, 2013b). For the purpose of this essay it is assumed that global warming results from human production of excess green house gases including carbon dioxide emissions (Gore, 2006). These gases form a layer in the earth’s atmosphere causing the sun’s rays to be reflected back down to earth and this called the Green House Effect further exacerbated by burning fossil fuels, deforestation and altering natural landscapes (ACU, 2013b). The effects of Global Warming are projected to rise over the next 50-100 years...

Words: 2957 - Pages: 12

Premium Essay

When Sports and Politics Collide

...ESSAY QUESTION; 1. Short Essay (1500-2000- words) Assessment 1 Students are required to submit a short essay that encompasses theory and examples to support the argument that: Sport and politics are inextricably linked. Intro This essay intends to discuss the mechanisms by which sports and politics are inextricably linked. To do so, the paper will focus on instances where politics/political relations have deeply implicated/penetrated/interfered the process/practice of sport. The core or main focal point of the essay will discuss the history behind the human rights violation made by South Africa’s apartheid policy/regime and their lofty suspension from the Olympic Games. The paper will go onto explore how this racial segregation policy impacted sport within the South African nation/community. A conclusion will follow which describes South Africa’s present stance in post-apartheid era and how sport contributed to the dismantling of the apartheid regime In order to begin, it is first necessary to define Human Rights clearly. The Officer of High Commissioner for Human Rights state that “Human rights are rights inherent to all human beings, whatever our nationality, place of residence, sex, national or ethnic origin, colour, religion, language, or any other status. We are all equally entitled to our human rights without discrimination. These rights are all interrelated, interdependent and indivisible.” http://www.ohchr.org/en/issues/Pages/WhatareHumanRights.aspx ...

Words: 909 - Pages: 4