June 30th, 2025
by Dr. Josh Franklin
by Dr. Josh Franklin
"For you say, ‘I am rich, have become wealthy, and have need of nothing’—and do not know that you are wretched, miserable, poor, blind, and naked." — Revelation 3:17 (NKJV)
In our world, bankruptcy is seen as a failure—a sign that you’ve reached the end of your resources. But spiritual bankruptcy? That’s where true freedom begins! When we come to terms with our spiritual poverty—our complete inability to earn God’s favor through our own merit—we discover the riches of His grace.
Ephesians 2:8 says, "For it is by grace you have been saved, through faith—and this is not from yourselves, it is the gift of God."
Imagine being crushed under a mountain of debt and suddenly receiving the incredible news that it has all been paid in full. That’s the heart of Christianity—not a system of religious achievements but a relationship built on grace. When we embrace our spiritual bankruptcy, we stop striving and start receiving. We find rest in what has already been done for us through Christ.
Jesus confronted the false sense of sufficiency in Revelation 3:17 when He rebuked those who claimed, “I am rich, have become wealthy, and have need of nothing.” He revealed their true condition: “You are wretched, miserable, poor, blind, and naked.” Pride blinds us to our need for God, while humility opens the door to His endless riches.
Every religion in the world can be summed up with one word: “do.” It’s all about what you can do to gain approval from God or some false idol or deity. But Christianity is different. Christianity spells salvation D-O-N-E: done. It is not about what we do for God but what God has already done for us in Christ.
Think of Peter’s response after the miraculous catch of fish in Luke 5. Overwhelmed by Jesus’ holiness, Peter fell at His feet and said, “Depart from me, for I am a sinful man, O Lord!” (Luke 5:8). Peter understood his spiritual poverty and, in that moment, opened himself to the riches of God’s grace.
When we stop trying to earn God’s approval and instead embrace the freedom of spiritual bankruptcy, we experience the fullness of His love and mercy. It’s not about proving our worth to Him. It’s about resting in the worth of Christ and the finished work of the cross.
Reflection Question: How has trying to earn God’s approval through your own efforts affected your relationship with Him?
Father, thank You that I don’t have to earn Your love. Help me rest in the finished work of Christ and find freedom in Your grace. Thank You that my salvation was paid by what Jesus did on the cross. Release me from the burden of trying to prove my worth, and let me trust fully in Your mercy. In Jesus’ Name, amen.
Adapted from: "The Key to Every Door in God's Kingdom": https://www.joshfranklin.org/media/vv5xxhq/1-the-key-to-every-door-in-god-s-kingdom
In our world, bankruptcy is seen as a failure—a sign that you’ve reached the end of your resources. But spiritual bankruptcy? That’s where true freedom begins! When we come to terms with our spiritual poverty—our complete inability to earn God’s favor through our own merit—we discover the riches of His grace.
Ephesians 2:8 says, "For it is by grace you have been saved, through faith—and this is not from yourselves, it is the gift of God."
Imagine being crushed under a mountain of debt and suddenly receiving the incredible news that it has all been paid in full. That’s the heart of Christianity—not a system of religious achievements but a relationship built on grace. When we embrace our spiritual bankruptcy, we stop striving and start receiving. We find rest in what has already been done for us through Christ.
Jesus confronted the false sense of sufficiency in Revelation 3:17 when He rebuked those who claimed, “I am rich, have become wealthy, and have need of nothing.” He revealed their true condition: “You are wretched, miserable, poor, blind, and naked.” Pride blinds us to our need for God, while humility opens the door to His endless riches.
Every religion in the world can be summed up with one word: “do.” It’s all about what you can do to gain approval from God or some false idol or deity. But Christianity is different. Christianity spells salvation D-O-N-E: done. It is not about what we do for God but what God has already done for us in Christ.
Think of Peter’s response after the miraculous catch of fish in Luke 5. Overwhelmed by Jesus’ holiness, Peter fell at His feet and said, “Depart from me, for I am a sinful man, O Lord!” (Luke 5:8). Peter understood his spiritual poverty and, in that moment, opened himself to the riches of God’s grace.
When we stop trying to earn God’s approval and instead embrace the freedom of spiritual bankruptcy, we experience the fullness of His love and mercy. It’s not about proving our worth to Him. It’s about resting in the worth of Christ and the finished work of the cross.
Reflection Question: How has trying to earn God’s approval through your own efforts affected your relationship with Him?
Father, thank You that I don’t have to earn Your love. Help me rest in the finished work of Christ and find freedom in Your grace. Thank You that my salvation was paid by what Jesus did on the cross. Release me from the burden of trying to prove my worth, and let me trust fully in Your mercy. In Jesus’ Name, amen.
Adapted from: "The Key to Every Door in God's Kingdom": https://www.joshfranklin.org/media/vv5xxhq/1-the-key-to-every-door-in-god-s-kingdom
Dr. Josh Franklin
Recent
What Adam Lost and Christ Restored
February 9th, 2026
Power Available, but Not Accessed
February 8th, 2026
The Greatest Work
February 5th, 2026
The Rebekah Principle
February 4th, 2026
Open the Eyes of My Heart
February 3rd, 2026
The Enemy of Hard Work
February 2nd, 2026
The Power Available to Every Believer
February 1st, 2026
Learning from the Ant
January 29th, 2026
Two Tests For Our Christian Experience
January 28th, 2026
Work as Unto the Lord
January 27th, 2026
No Comments