Worry not about your finances but trust in God who never fails. Remember that God himself took 6 days of work in creating the Earth. By so doing, you’ll be favored by God who will, in turn, provide you with enough money to meet up with your needs. You need a budget to help you keep track of your spending, achieve your financial goals, and enjoy financial stability. Biblical Money Management Principles For Christians by sesantoke(m): 2:47pm On Apr 01 Sometimes ago, I discovered a bible verse and after some deep meditation, the “compounding qualities” of this passage were revealed to me. The painful part is that even when they are deeply soaked in credit card debts, most do little to nothing in order to pay off the debts. It’s easier to manage your resources when you don’t have to pay off debt. You can’t apply biblical financial principles if you are not willing to obey the word of God. You need discipline to spend less than you earn and to keep yourself free from covetousness. The first way to prepare yourself for God’s financial blessings is to embrace hard work as the only way. Such are those that take into consideration God’s commands while aiming at making the world a better place. If we will commit ourselves to these principles we will eventually enjoy financial freedom and financial joy. If you found my tips helpful or feel inspired, you can buy me a coffee and support my blog. A wise man desiring to achieve wealth and benefit from financial freedom understands the power of saving money. Now, here are some biblical principles on money that every Christian needs to know. What does the Bible say about your finances? I used to think it was pointless saving if I couldn’t save a reasonable amount of money at once. 2. “His master said to … This biblical money principle goes hand in hand with budgeting and staying out of dept. As a Christian, the first place I looked for answers was the Bible. Be generous: Invest in acts of charity. Saving for Future Needs Is Biblical Some Christians don’t save for retirement because they believe it’s disobedient (usually quoting Matt. You can become financially literate if you put your mind to it. Avoid spending more than what you earn or even spending all that you earn. What do you need to do differently? Debt can impact the quality of your life and also rob you of a good future. THIS POST MAY CONTAIN AFFILIATE LINKS. The best way to learn about these principles is to study God’s word. John Jackson provides biblical principles for money management. Have a question or comment? Giving in itself is one of the most important 7 Biblical principles of money management that works. Biblical Principle #5 : In exercising Biblical financial stewardship, we must spend with discipline. Big idea 1. Charity yields high returns. Make a plan to repay the debt. If you’re already in debt, there’s only one thing you can do. As I started the curriculum, I did not have high expectations. The six money management principles in this post are a good way for you to take control of your finances and manage your money in a manner that pleases God. Back then, as soon as I thought I was close to meeting my goal, something always came up to derail me. Giving in itself is one of the most important 7 Biblical principles of money management that works. It usually takes a crisis or a serious problem for us to heed the warnings in the Bible. 1. or my clothes?’ (These are the things that the pagans are always concerned about.) Pick one of these principles and start applying it to your life, if you want to see some changes in your financial life. However, when I decided to get serious with my finances, I realized it was actually possible to spend less than you earn. We are not likely to exercise good stewardship unless we recognize that we are stewards—and stewardship is associated with accountability. But, you can’t give up because the more you save, the more financially secure you become. Biblical Principles of Money Management. bodies, our talents, our minds, our material possessions, our relationships, EVERYTHING comes from him. Don’t fall for that trap! If you want to avoid future financial problems, you have to save and set aside money for your future needs. Many families have been ruined because of debt and other financial problems, so it’s something you should avoid if possible. Now, don’t get me wrong, doing the right thing especially when it relates to finances can be pretty hard. A. Luke 6:38 – “Give to others, and God will give to you. So if you’re serious about managing your finances according to biblical principles, you must be willing to obey what Jesus said about money. You see, the reason why people struggle to live within their means is lack of discipline and discontent. 1 Timothy 6:10 – “For the love of money is a source of all kids of evil. But very few actually understand and adopt a practical theology for managing their money. Having in mind that wealth achievement is governed by how well a person manages his/her money, we’ll suggest that you take the following 7 Biblical Principles of Money Management serious: James 1:17 – “Every good gift and every perfect present comes from heaven; it comes from God, the creator of the heavenly lights, who does not change or cause darkness by turning.” Seeing God as the owner of everything on Earth and in Heaven is one of the most important 7 Biblical principles of money management worth knowing by all Christians. Through the generous act of giving, new financial doors are opened in your life. I used to think it was impossible to live within your means because I was always out of money before the end of the month. All you need for financial success is determination, discipline, and hard work. “And he said to them, “Take care, and be on your guard against all covetousness, for one’s life does not consist in the abundance of his possessions.” (Luke 12:15). So do not start worrying: ‘Where will my food come from? “Know well the condition of your flocks, and give attention to your herds.” (Proverbs 27:23). Even the scriptures clearly point out to the fact that only stupid people spend all that they earn. Dr. John Jackson. That’s why it’s so important to use a budget to plan out your spending so you don’t overspend in one category and run into financial problems. Matthew 6:30-33 – “It is God who cloths the wild grass – grass that is here today and gone tomorrow, burnt up in the oven. As you review them and study the Scripture verses that support them, you will be adopting a biblical perspective on money and possessions. Some deal with attitudes, while others address our actions. By giving here, we are not just referring to giving money. Proverbs 22:7 – “Poor people are slaves of the rich. I know this because it took me a long time to save my first $500. Contact me. When you preach on stewardship you should make sure to include teaching on wise money management. Necessary cookies are absolutely essential for the website to function properly. While the money itself is neither evil nor good, Christians are […] Tags: bible verses for financial problems , biblical financial principles , biblical money management principles , biblical principles of money , Guest Posts , what does the bible say about being good stewards of our money , what does the bible say about money management , what does the bible say about money problems The measure that you use for others is the measure that God will use for you.” There is power in giving. 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