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Daily Devotionals from Grace in the Workplace
Wednesday, May 29 2013

Verse of the Day

Then He took the cup, and gave thanks, and gave it to them, saying, “Drink from it, all of you. For this is My blood of the new covenant, which is shed for many for the remission of sins.” [Matthew 26:27-28 – NKJV]

As many of you know, I’m a retired tax lawyer. I specialized in corporate, partnership, and M&A (i.e., mergers and acquisitions). One of the concepts that you have to get familiar with in a hurry in my former profession is figuring out what something’s worth; we commonly refer to this as its “fair market value.” It’s not always easy, but there are tried and true techniques that give you an indication of what something is worth, whether it’s stock, tangible or intangible assets, etc. Just curious, but have you ever given much thought as to what you’re worth?

It’s been said that the value of the physical elements in the human body is somewhere around one dollar. Two caveats: this is dated information so it doesn’t take into account inflation; second, it does not account for those of you who have gold teeth. Clearly, this is not an indication of your true value. Another approach might be to determine the net present value of all the services you provide, including the income from your job and the imputed income from your role as parent, caregiver, etc. But, again, this just doesn’t seem to be appropriate.

If you are a Believer, your “fair market value” is best described in today’s passage. Jesus died on the cross for you and me so that we could spend eternity with Him. We often hear this expressed as Jesus “redeeming” us from our sins. That’s a good segue back to my past life as a tax professional. A “redemption” is a tax and legal term or concept generally associated with stock buybacks and similar corporate transactions. What could be more apropos? Jesus bought us back! He was the price paid in the deal. So now we know our true value. Thank you, Jesus!

Posted by: John AT 11:06 am   |  Permalink   |  Email

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