Refuse to Live by Parkinson’s Second Law
Genesis 41:34-35 Let Pharaoh do this, and let him appoint officers over the land, and take up the fifth part of the land of Egypt in the seven plenteous years. And let them gather all the food of those good years that come, and lay up corn under the hand of Pharaoh, and let them keep food in the cities.
Parkinson’s Second Law says that expenses will always increase in proportion to income growth. If we allow this law to define how we live, we will not be able to realize uncommon success in our finances and it is God’s will that we do. In Genesis 12, after Abraham started walking with God, he not only had spiritual success, but he also enjoyed financial success. Genesis 13:2 said “and Abram was very rich in cattle, in silver, and in gold.
In addition, in the blessing chapter, Deuteronomy 28:11 says, “and the Lord shall make thee plenteous in goods”. Would this have been one of the promises of God that comes with obedience if God did not want us to have it?
One path to create uncommon success in our finances is to reject Parkinson’s second law by saving a portion of what is earned. It is suggested that it be at least 10% of what you earn. However, it may be less or more based on our circumstances. Joseph has set for us the example by advising Pharoah that during the seven (7) years of abundance one-fifth or (20%) of what was produced in Egypt in each year was to be put in the storehouse to help them survive the years of famine. What was interesting to note is that because the 20% was placed in the storehouse during the years of abundance, the wealth of Pharaoh increased rather than decreased during the time of famine. Genesis 47:20 tells us that during the famine “Joseph bought all the land of Egypt for Pharaoh”. The experience highlights two reasons it is important to put something in storage. Not only will it act as a safety net during the difficult periods, but it will also position us to take advantage of the opportunities that may arise during those seasons.
Loving pleasure more than saving is a factor that could prevent us from creating uncommon success in our finances. Proverbs 21:17 says “he that loveth pleasure shall be a poor man: he that loveth wine and oil shall not be rich”. Loving pleasure will cause us to spend more than we save and that will create all sorts of unwanted situations.
Life Application: Refuse to live by Parkinson’s second law by putting something in store every pay cycle. It could be 10% or 20% of your income and if none of the above is possible, start with as little as 1%. Start with something and grow from there.
Prayer: Lord, help me to live by your principles as it relates to my finances and not any man made law or ideologies. Help me to be a good steward of the resources you have blessed me with. In Jesus’ name, amen.