Elder Barima Acheampong Sarpong ll, the Deputy Director of the Pentecost Men’s Ministry (PEMEM) of The Church of Pentecost, has called for a paradigm shift in financial management, urging individuals to invest rather than hoard their money.
Citing the parable of the talents in Matthew 25:26, where the master labelled the servant who did not invest his talent as ‘wicked and lazy,’ he stated, “Money must go into circulation; hoarding it is wickedness.”
Elder Sarpong ll made these remarks during the ‘Mmarima Nkommo’ on Pent Radio 100.1 MHz in Kumasi on Sunday, December 22, 2024. The programme, which airs Sundays from 8:30 PM to 9:30 PM, addresses issues relevant to men and family life.
In discussing “The Dos of the Laws of Money,” Elder Barima Sarpong ll, who is also the chief of Asamang in the Ashanti Region, shared insights on financial management, emphasising that money is not meant merely to be spent, but rather to be saved for investments.
“Savings are not meant to make you financially sound; the purpose of savings is for investment,” he stressed, urging listeners to adopt an investment mindset as a pathway to achieving true financial soundness.
He also pointed out that money is often found where solutions to problems exist, noting, “Where there is a problem, there is money.” He cautioned against becoming overly attached to money, saying, “Don’t allow money to control you. God expects us to control money because money influences character.”
In conclusion, Elder Barima Acheampong Sarpong ll distinguished between assets and liabilities, stating that asset can turn into a liability if it requires ongoing financial input without providing corresponding financial benefit.
Known in private life as Elder Ebenezer Acheampong, he is a former Acting Head of Procurement at the Ministry of Food and Agriculture (MoFA) and Procurement Consultant in charge of World Bank-Funded Projects at MoFA.
He is also an entrepreneur, having established several companies, including Zeotec Limited, Aca-City Farms, Pathos AIB Limited, Biazo Realtors, a real estate company; Pathos Agro Limited, and AFMREC, a natural resources research firm.
Report by Emmanuel Nana Nsiah
