Biblical Money Management

Biblical Money Management


Luke 16: 10
He who is faithful in what is least is faithful also in much; and he who is unjust in what is least is unjust also in much. 11 Therefore if you have not been faithful in the unrighteous mammon, who will commit to your trust the true riches? 12 And if you have not been faithful in what is another man’s, who will give you what is your own?   

When
we look at the parable of the unjust steward we are able to glean some
biblical principles on how to mange our money. To do that we need to
understand how God looks at our money.

1. Everything is God’s: This steward was being wastful of his master’s money. The steward wasn’t wasting his own money. We need to understand that everything we have is from God and is His. Are we being wasteful of it?

2. Get Mean About It:
The steward realized he was into too deep so he got mean (resolve)
about it started cutting things. Are there areas in your life where you
can cut? Remember cuts are painful but necessary. Get mean about the
money given to you. Don’t let anything trip you up.

3. Start Small:
He who is faithful in what is least is faithful also in much. This means
you do with what you got. Don’t finance some lifestyle you think you
deserve thinking God is going to provide. Live with what you got and
let God bless you for it.

4. Invest Right:
The world wants you to invest for your earthly gain but God wants you
to invest for Eternal Gain. Saving money is a good thing and so are
investments for retirement but ask yourself what you are doing to
further the Kingdom of God? Is your money going only for your comfort? Read Matt 25:34-41 and develop an eternal investment portfolio.

5. Tear Down that Idol:
Finally if money has been on the throne of your life repent of it and
move on. Crucify any altars to money in your life. Sell that luxury
item that takes you away from God. You know what they are so get rid of
them.

I usually don’t recommend books but The Total Money Makeover by Dave Ramsey is the best out there. My family has used it and we recommend it highly.

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