Invest over time in plans with a proven track record. Instead, follow the biblical plan for building wealth. Proverbs 28:20 (NKJV) says, “He who hastens to be rich will not go unpunished.” That’s dumb, and the Bible says it’s a bad idea. Now, this doesn’t mean you have permission to go buy into some kind of get-rich-quick scheme. Proverbs 13:22 (NKJV) says, “A good man leaves an inheritance to his children’s children.” How do you leave an inheritance to your children’s children? By building wealth. In fact, if you follow God’s ways of handling money, you will build wealth over time, and He is A-OK with that. And here’s the thing: Unlike what some people want you to think, there’s nothing wrong or immoral about building wealth. You should also save money because it allows you to invest and build wealth over time. We recommend saving 3 to 6 months’ worth of your expenses in an emergency fund. Before you do any of that, though, you’ll want to make sure you’ve saved money for emergencies. So, what should we save money for? All sorts of things! You can save to buy a car with cash, pay for your kids to go to college debt-free, and even to go on vacation. Live on less than you make and save for the future. Later on, however, it produces a harvest of righteousness and peace for those who have been trained by it.”ĭon’t be like the foolish man of Proverbs 21:20 and devour all you have. Hebrews 12:11 (NIV) says, “No discipline seems pleasant at the time, but painful. The Bible is clear about how that kind of discipline is 100% worth it in the end, even though it can be really hard at first. That’s why it’s crucial for you to stick to your budget and have enough discipline to avoid being like the foolish man who devours all he has.
Want to build a non-anxious life? Learn how in Dr. But if you don’t control your spending enough to have money left over at the end of the month, you’ll wind up just like the 59% of Americans who live paycheck to paycheck. The Bible talks about the importance of saving in Proverbs 21:20 (NIV84), which says, “ In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.” That means living on less than you make-so you’ll have money left over to save.
You’ll want to think about the future too. When you make your budget, you need to think beyond today’s needs and the month ahead.
BIBLE VERSE BE A GOOD STEWARD OF MONEY FREE
It’s free to use, and it’ll help you set up your first budget in less than 10 minutes.
BIBLE VERSE BE A GOOD STEWARD OF MONEY DOWNLOAD
The best way to get started with making a budget is to download the EveryDollar app. Putting in the time and effort to make a plan and give every dollar you bring home a job before the month begins is a must if you want to manage money well and do it according to God’s ways. But as we like to say at Ramsey, adults devise a plan and follow it while children do what feels good. Look, we get that budgeting isn’t always fun (unless you’re a super nerd). But when you sit down first and count the cost by making a budget before every month begins, that won’t happen anymore. Getting to the end of the month without enough money to cover basic expenses is just like the person who goes out to build a tower, lays a foundation, and can’t finish because he’s out of money. He asked, “For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it-lest, after he has laid the foundation, and is not able to finish, all who see it begin to mock him, saying, ‘This man began to build and was not able to finish’?”
Jesus talked about the importance of making a budget while teaching his followers in Luke 14:28–30 (NKJV). Thankfully, there’s a solution to this problem: budgeting. Have you ever gotten near the end of the month and started to worry you wouldn’t have enough money to make it to your next paycheck? Plenty of folks are in that position every day-where it feels like you’ve got more month than money. If you’re ready to stop taking money advice from TikTok and your broke brother-in-law and start listening to what the Bible says about managing money, here’s a breakdown of God’s financial game plan. What Does the Bible Say About Money Management? And beyond that, you’ll build wealth so you can live out your dreams and be outrageously generous. Every time.ĭeciding to follow what the Bible says about money management will mean you’ll never have to worry about money again.
And here’s the thing about God’s ways of handling money: They work. Those 2,500 verses give us a blueprint and teach us God’s ways of handling money. In fact, Scripture includes 2,500 verses about handling money and possessions. The Bible definitely doesn’t shy away from talking about money.
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