1. Assets or Liabilities Philippians 3:5-8 Assets attained by birth Assets attained by work

2. Assets or Liabilities Philippians 3:5-8 Introduction  Salvation as a transaction - Acts 9:1-9  Kerdos - gain or profit column  Zemia - loss or loss column  Jesus describes this transaction Matthew 16:25,26 ; 13:44-46  Galatians 1:14

3. Assets or Liabilities Philippians 3:5-8 Assets attained by birth 1.Circumcised the eighth day Jew by birth not proselyte Jew by birth not proselyte Forgotten the meaning of circumcision Forgotten the meaning of circumcision Salvation not by ritual

4. Assets or Liabilities Philippians 3:5-8 Assets attained by birth 2.Of the nation of Israel God’s chosen people Amos 3:2 God’s chosen people Amos 3:2 Descendant of Abraham, Isaac etc. Descendant of Abraham, Isaac etc. Romans 3 Romans 3 Salvation is not by heritage

5. Assets or Liabilities Philippians 3:5-8 Assets attained by birth 3.Of the tribe of Benjamin Last son born to favorite wife Last son born to favorite wife Saul first king from this tribe Saul first king from this tribe Jerusalem given to the tribe Jerusalem given to the tribe Salvation is not by family status

6. Assets or Liabilities Philippians 3:5-8 Assets attained by birth 4.A Hebrew of Hebrews Family maintained Jewish upbringing Family maintained Jewish upbringing Language, orthodox training & customs Language, orthodox training & customs Salvation is not by tradition

7. Assets or Liabilities Philippians 3:5-8 Assets attained by work 1.As to the law, a Pharisee Pursued education - Acts 22:3 Pursued education - Acts 22:3 Devout Jew – Acts 23:6 ; 26:5 Devout Jew – Acts 23:6 ; 26:5 Pharisees - elite, influential, respected Pharisees - elite, influential, respected Salvation is not by religion

8. Assets or Liabilities Philippians 3:5-8 Assets attained by work 2.As to zeal, a persecutor of the church Zeal was the supreme religious virtue Zeal was the supreme religious virtue Shown in Acts 8:3 & Acts 9:1,2 Shown in Acts 8:3 & Acts 9:1,2 Judaizers proselytized : Paul persecuted Judaizers proselytized : Paul persecuted Salvation is not by sincerity

9. Assets or Liabilities Philippians 3:5-8 Assets attained by work 3.As to the righteousness which is in the Law, found blameless A model Jew outwardly A model Jew outwardly Went above and beyond Went above and beyond Salvation is not by legalistic righteousness

10. Assets or Liabilities Philippians 3:5-8 Conclusion Paul anticipates the Judaizers argument of not having confidence in the flesh by giving reasons why he, of all the Jews, has a claim to these seemingly spiritual assets, and yet because of Jesus Christ’s great exchange of salvation they have become mere liabilities in knowing Christ. Paul anticipates the Judaizers argument of not having confidence in the flesh by giving reasons why he, of all the Jews, has a claim to these seemingly spiritual assets, and yet because of Jesus Christ’s great exchange of salvation they have become mere liabilities in knowing Christ.

11. Assets or Liabilities Philippians 3:5-8 Application What liabilities in your life are you treating as assets? (What do you still need to give to the Lord?) Have you exchanged all of your assets for those of Christ Jesus. (Is the great transaction complete?)