Struggling with Managing Your Finances?

Money management is a struggle for most people. Are you also faced with the same challenge?

You don't have to look very far for financial advice. The Bible is replete with money management principles. When applied can lead you to a richer, fuller life.

"But seek first the kingdom of God and His righteousness, and all these things shall be added to you" - Matthew 6:33 (New King James Version). The scripture is a foundation on how we should set our life's priorities. That includes our finances.

All these other things refer to the everyday things we worry about- what to eat, what to drink, what to wear (Matthew 6:25-32).

If we put God first in our life, we can trust an outpouring of His blessings. God is not opposed to riches. He richly blessed Abraham and King Solomon with so much wealth in their lifetime. "The blessing of the Lord makes one rich, and He adds no sorrow with it"-Proverbs 10:22, NKJ.

On borrowing money, the Bible gave us this scripture to ponder: "The rich rules over the poor, And the borrower is servant to the lender" - Proverbs 22:7, NKJ

On planning, budgeting and, prioritizing your financial resources, the Bible has this advice: "Don't build your house and establish a home until your fields are ready, and you are sure that you can earn a living" - Proverbs 24:27, Good News Translation

"Human desires are like the world of the dead - there is always room for more"- Proverbs 27:20, Good News Translation. There's a need for discipline to temper our wants in life, or suffer the consequences: " For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows - 1Timothy 6:10, NJK

The Bible has many other scriptures about the proper perspective of money and wealth. But here are key takeaways:

  1. Put God first over pursuit for money. Rely on God rather than riches

  2. Make God a part of your financial goals. Partner with God through tithing.

  3. Take due diligence in managing your money:

  • Know where your money goes (budgeting)

  • Plan and focus on priorities

  • Avoid borrowing

  • Distinguish between needs and wants