Profit and Loss

 “I consider everything a loss compared to . .  knowing Christ.” Philippians 3:8 NIV.

Don’t settle for what is merely acceptable; require of yourself what is admirable.

A business owner only knows how well or how poorly they are doing after considering both their profits and losses. It’s pretty simple really; everything is either a profit or a loss. It is very important to understand which is which. I think the same is true of life. Socrates, a Greek philosopher (469-399 BC), said, “The unexamined life is not worth living.”

The Apostle Paul examined his life, concluding, “everything [else is] a loss compared to the surpassing greatness of knowing Christ.” Philippians 3:8 NIV.  Spiritually, he understood profit and loss. Paul evaluated his best efforts and good works, “I once thought all these things were so very important, but now I consider them worthless because of what Christ has done. Yes, everything else is worthless when compared with the priceless gain of knowing Christ Jesus my Lord. I have discarded everything else, counting it all as garbage, so that I may have Christ and become one with Him.” Vs. 7-9 NLT.

You have to turn loose of the stuff you don’t need. Found written in a martyred missionary’s diary, “He is no fool who gives up what he cannot keep to gain that which cannot lose.” Paul understood this important principle, “Everything is permissible, but not everything is beneficial . . not everything is constructive.” 1 Corinthians 10:23 NIV. Don’t settle for what is merely acceptable; require of yourself what is admirable. Can you identify areas of your life that are either profitable or loss to you, or a mixture of both?

Life is about profit and loss; examination differentiates between those. Some losses are short term; others are long term. Long term losses are unaffordable. With profits, you should apply yourself where those continue to return welcome dividends for a lifetime. For me, habits and friendships come first to mind. Habits that add to your well-being are profitable; habits that don’t are neutral at best or harmful at worst. The earlier in your life that you choose and solidify beneficial habits, the better your life will be. Actually, you are the product of the habits you allow, some established in your youngest years. Some of those will serve you well; others could cost you dearly.

Whatever good habits may cost you in the short term – in the manner of commitment, discipline, time, effort, or sacrifice – is a small price to pay for what becomes an enduring investment. Personal and spiritual disciplines are not produced by whim. Deferred satisfaction is the product of hard choices requiring daily reinforcement. Critically essential habits are those that nurture spiritual growth and development such as: prayer, fasting, Bible Study, Scripture memorization, Bible meditation, Christian fellowship, giving, and serving. Read 2 Peter 2:2-9 NKJV. Those practices are profitable. “I want you to be able always to recognize the highest and the best, and to live sincere and blameless lives until the day of Jesus Christ. I want to see your lives full of true goodness, produced by the power that Jesus Christ gives you to the praise and glory of God.” Philippians 1:9-11 JBPhillips.

Friendships also have to be weighed as to their value. The more prayerfully and carefully you choose the friendships you cultivate, the richer your life can be. If you merely accumulate acquaintances as the years pass, you may find later in life that they can be an unexplainable mixture of both profit and loss. The Bible warns, “Do not be misled: ‘Bad company corrupts good character.” 1 Corinthians 15:33 NIV.Conversely, good company encourages good character.

Some relationships can imperceptibly diminish the best in you, until your unnoticed loss is no longer ignorable. A person really is known by the company they keep. I was taught to choose friends whose example inspired me to be better. My dear friend, Don, reminded me that I once thanked him, “for not letting me be what I would have been without you.” That would be equally true because of my family, friends, and church we served. Nor can I imagine my life without Jesus. For Him, I want to be profitable in others’ lives as many have been in mine.

My prayer for you this day is: recognize what blesses your life; avoid what hinders.