Recovery From Financial Loss
This article was originally written as follow up to my Triumph Over Money
ebook and training. I am reprinting it here because it is a topic I believe
needs to be discussed more. I pray it is a blessing to you! You can order
the Triumph Over Money package FREE here now to provide assistance or
support in the area of financial recovery!
Abundant blessings ~ Sam
When you misplace something (especially something of value) it will consume
your thoughts and actions and become a huge distraction. Misplaced car keys
is a perfect example and one that always seems to happen when you’re
running a bit late. Stress goes up, choice words and tempers often
accompany this kind of situation – we’ve all seen it or done it, right?
Losing anything has a ripple effect in our emotions and actions.
It’s a distraction from our normal course of life and for larger losses
like the death of a loved one the impact on our life obviously lasts a long
time and can sometimes affect our whole life. I remember the shock of
learning my mother had died suddenly. She was only 59 and was away on
vacation with my dad at the time. The initial shock produced a lot of
crying and yelling, then there was the distraction of looking for her – not
physically but in all the tangible things left from her life. Every item
was an opportunity to look into my memories and find some special memory to
relive (or to continue to grieve).
At the time my mom died I was married with a child and not living in the
same city so you’d think my life could carry on fairly normally. This
wasn’t the case and the grieving lasted a long time and eventually was
helped by some professional support. Still today, 15 years later there are
times when my heart aches for what was lost far too early.
As far as financial recovery goes, typically losing or misplacing something
of value for a period of time is distracting and will have some sort of
negative effect but recovery happens as you pro-actively look for and / or
replace the lost item, or move on with life. Most financial losses fall
into this category.
They cause initial stress and distraction and there is a flurry of
activity to recover the lost money or value, but the overall impact on
your life is temporary.
A serious death, such as a job loss, business failure, medical situation
impacting your ability to work, or investment fraud, or other significant
life event with catastrophic financial implications do happen – fairly
frequently! And here’s my point: you can look and stress and kick and
scream and cry all you want, but
with a significant event with negative financial consequences there is
very little practical support.
Financial institutions and advisors don’t have products to replace your
lost money; family and friends might be supportive for a while; governments
and other institutions don’t offer counselling and retraining and support
You have 3 choices:
- Continue to stress and strive and fret about the situation,
- Give up and find some way to hide the pain such as drugs, alcohol,
mindless entertainment, or even suicide, or
- Trust God and His promises to restore wealth, and to produce triumph by
His blood and your testimony of His goodness, His provision, His grace,
mercy, justice, forgiveness, and healing power.
If you, or someone you know has experienced a life situation you know or
suspect has had a significant negative impact on their financial situation,
I encourage you to immerse yourself in God’s promises of restoration. Below
is a segment from Deuteronomy 30. I encourage to read it, meditate on its
message, and to keep going. It’s dangerous to look backwards and all around
unless your focus is to inventory the blessings you do have so you can
ask God how and where and what He wants you to do to plant those
blessings to produce an increasing harvest and testimony of triumph
through His redeeming blood!
PS. Remember, if you are in the middle of, or have experienced a financial
crisis to not pull back and reign in your goals and dreams. You might have
to be more intentional with your spending and giving, but these are
opportunities to seek Him for every detail of daily life with financial
implications. The worst mindset to adopt is one of regret and extreme fear
so you begin hoarding and denying yourself any pleasure from the money He
does bring through your hands.
Planting seeds of generosity and staying connected to a supportive
group of like-minded people are keys to realizing His restoration
power (see 2 Corinthians 8:1-5).
Even if you have been banished to the most distant land under the
heavens, from there the Lord your God will gather you and bring you
back. He will bring you to the land that belonged to your ancestors,
and you will take possession of it. He will make you more prosperous
and numerous than your ancestors. The Lord your God will circumcise
your hearts and the hearts of your descendants, so that you may love
him with all your heart and with all your soul, and live. The Lord your
God will put all these curses on your enemies who hate and persecute
[Remember Satan does not want God’s people to prosper and he will do
everything he can to conjure up doubt, bitterness, discouragement,
resentment, and a whole host of other enemy lies to keep you defeated –
remember the Blood of The Lamb has already won the battle, and ‘greater is
He who in you, than he who is the world’ (1 John 4:4)].
You will again obey the Lord and follow all his commands I am giving
you today. Then the Lord your God will make you most prosperous in all
the work of your hands and in the fruit of your womb, the young of your
livestock and the crops of your land. The Lord will again delight in
you and make you prosperous, just as he delighted in your ancestors, if
you obey the Lord your God and keep his commands and decrees that are
written in this Book of the Law and turn to the Lord your God with all
your heart and with all your soul.
Now what I am commanding you today is not too difficult for you or
beyond your reach. It is not up in heaven, so that you have to ask,
“Who will ascend into heaven to get it and proclaim it to us so we may
obey it?” Nor is it beyond the sea, so that you have to ask, “Who will
cross the sea to get it and proclaim it to us so we may obey it?” No,
the word is very near you; it is in your mouth and in your heart so you
may obey it.
See, I set before you today life and prosperity, death and destruction.
For I command you today to love the Lord your God, to walk in obedience
to him, and to keep his commands, decrees and laws; then you will live
and increase, and the Lord your God will bless you in the land you are
entering to possess. But if your heart turns away and you are not
obedient, and if you are drawn away to bow down to other gods and
worship them, I declare to you this day that you will certainly be
destroyed. You will not live long in the land you are crossing the
Jordan to enter and possess. This day I call the heavens and the earth
as witnesses against you that I have set before you life and death,
blessings and curses. Now choose life, so that you and your children
may live and that you may love the Lord your God, listen to his voice,
and hold fast to him. For the Lord is your life, and he will give you
many years in the land he swore to give to your fathers, Abraham, Isaac