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Feb 5, 2019 · Keep Out of Debt. The fifth principle is to keep out of unnecessary debt and thus avoid the debt trap. Borrowing for a house or car is one thing but taking on financial obligations one can't keep-buying beyond the ability to pay-is another. Psalm 37:21 says "the wicked borroweth, and payeth not again."
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Dec 15, 2023 · In conclusion, the biblical perspective on wealth and prosperity is a nuanced and multifaceted topic. While the Bible cautions against the love of money and the pursuit of wealth for selfish gain, it also affirms the blessings that come from diligent work, wise stewardship, and generous giving. As followers of Christ, it is our responsibility ...
- Follow A Budget
- Tithe Faithfully
- Avoid Unnecessary Borrowing
- Save Up Before Spending
- Give to Others
- Put Your Confidence in God, Not in Your Finances
The Bible doesn’t use the term budgeting,yet it offers clear direction on the importance of such planning. Simply put, a budget is a written plan to track and control income and expenses. Proverbs 27:23 says, “Be diligent to know the state of your flocks, and attend to your herds.” Put in modern terms, we need to be aware of how we’re using our inc...
The top priority on our income, before we do anything else with it, should be God’s tithes. God says in Malachi 3:10, “Bring all the tithes into the storehouse, that there may be food in My house.” A tithe is 10 percent of a person’s “increase” (Deuteronomy 14:22), which is given to support the ministry and work of the Church. When we tithe, we sho...
The Bible warns against the use of debt. Proverbs 22:7 states, “The rich rules over the poor, and the borrower is servant to the lender.” If you become burdened with a heavy load of debt, in essence you’ve become a slave to your creditors. You no longer have the freedom to decide how to spend your paycheck because you’re obligated to meet those deb...
Financial planners generally suggest saving at least 10 percent of your income every month. Have three different accounts: a short-term savings for major purchases (such as new household furnishings or vehicle repairs), a long-term savings (for your retirement or children’s college tuition), and an emergency fund (in case of a job layoff or large u...
Everything we have—our money, physical assets, jobs and even the ability to earn money—comes from God (Ecclesiastes 5:18-19). After meeting our own needs, He wants us to share some of what we’ve been given with others. In Acts 20:35 Paul quotes Jesus as saying, “It is more blessed to give than to receive.” We should give unconditionally—even when t...
When it comes to finances, people often go from one extreme to another. If our bank accounts, retirement portfolios and home values are increasing, we might start trusting in them. When we’re facing a job layoff, stock market losses or unplanned expenses, we may worry anxiously. Neither extreme is the biblical approach. The Bible makes it clear tha...
The Bible does not contain a general prohibition on buying and selling grain. However, the Bible does encourage us to not hoard grain and to give grain away to the poor, the widow, and fatherless (Leviticus 19; Luke 12:16-21). The Bible has similar teaching about financial resources as we have seen above.
- Joshua 1:8 ESV / 39 helpful votes. This Book of the Law shall not depart from your mouth, but you shall meditate on it day and night, so that you may be careful to do according to all that is written in it.
- 3 John 1:2 ESV / 30 helpful votes. Beloved, I pray that all may go well with you and that you may be in good health, as it goes well with your soul.
- Deuteronomy 8:18 ESV / 29 helpful votes. You shall remember the Lord your God, for it is he who gives you power to get wealth, that he may confirm his covenant that he swore to your fathers, as it is this day.
- Proverbs 3:9-10 ESV / 28 helpful votes. Honor the Lord with your wealth and with the firstfruits of all your produce; then your barns will be filled with plenty, and your vats will be bursting with wine.
Aug 28, 2015 · Accounting: Keep good records of your money. God wants you to keep good records of the money He has entrusted you with. Proverbs 27:23 says, “Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever” (NIV 84). In the Bible people didn’t use money the way we use money today.
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May 9, 2018 · Here are seven biblical principles that may help. 1. Saving for Future Needs Is Biblical. Some Christians don’t save for retirement because they believe it’s disobedient (usually quoting Matt. 6:19–20), or they feel guilty about putting money away when others are in such great need.
