DEPOSITS - THE WAY IT WORKS
As a former banker and financial adviser I know first hand that to make withdrawals you must make deposits. As you continue to make deposits your balance grows. The more you put in the greater the interest amount.
The noun definition of the word deposit states that it is:
- A sum of money placed or kept in a bank account, usually to gain interest
- A sum payable as a first installment on the purchase of something or as a pledge for a contract
The verb definition is:
- To put or set something or someone down in a specific place (unload rest...)
- Store or entrust with someone for safekeeping
As you reflect on the definitions pay special attention to the importance of making the deposits. Whether it is placing, paying or setting it down. It is placed in a bank that enables it to grow. It is paid as an installment that allows you the purchase of something or it is placed or set down in a specific place to be able to have something of tangible value at a latter time. Deposits or retainers are kept in a bank or safe place for safekeeping.
- A sum of money placed or kept in a bank account, usually to gain interest
- A sum payable as a first installment on the purchase of something or as a pledge for a contract
The verb definition is:
- To put or set something or someone down in a specific place (unload rest...)
- Store or entrust with someone for safekeeping
As you reflect on the definitions pay special attention to the importance of making the deposits. Whether it is placing, paying or setting it down. It is placed in a bank that enables it to grow. It is paid as an installment that allows you the purchase of something or it is placed or set down in a specific place to be able to have something of tangible value at a latter time. Deposits or retainers are kept in a bank or safe place for safekeeping.
TODAY'S FOCUS: DEPOSITING TREASURES
Most people make deposits into their bank accounts to save for future needs or for a rainy day. They make an earnest deposit on a piece of property to secure the purchase of a home. Deposits are preserved for latter use.
The bank would keep the money safe in a vault or through the financial system in their account until such time as they would require a withdrawal. The real estate agent would also secure the initial deposit until such time as the contract is ready to be executed.
People also place their treasures into safekeeping. God has a bank where He stores your treasures. He collects tears. They are considered very valuable that he stores them up in the bank of heaven.
Psalm 56: 8 (KJV)
He also collects and saves prayers. He secures the prayers of the saints, and secures them in a special golden vial. The prayers of the saints fills up the bowls, and they become an aroma of sweet perfume incense to Him.
Most people make deposits into their bank accounts to save for future needs or for a rainy day. They make an earnest deposit on a piece of property to secure the purchase of a home. Deposits are preserved for latter use.
The bank would keep the money safe in a vault or through the financial system in their account until such time as they would require a withdrawal. The real estate agent would also secure the initial deposit until such time as the contract is ready to be executed.
People also place their treasures into safekeeping. God has a bank where He stores your treasures. He collects tears. They are considered very valuable that he stores them up in the bank of heaven.
Psalm 56: 8 (KJV)
Thou tellest my wanderings: put thou my tears into thy bottle: are they not in thy book?
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