Many believed that the Bible teaches us to be anti-money or anti-rich, but if you devote your time reading through it, it will show all of us that we really need to have our finances aligned.
Here are verses that will enlighten us on money management:
1 Timothy 6:9-11
“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”
We often hear “Money is the root of all evil” but we forget the phrase from the verse, “the love of money” and its true context. Money could be the root of all evil but more so of the lack of it. Many people are trapped into the temptation of excessive money and lavish lifestyle, more than what really one needs. With that, people get the impression that money is always bad – it’s not. Money should be an instrument to give you and your family a good life and help other people to feel the same way.
“Honor the LORD from your wealth and from the first of all your produce”
This means a proper allocation of your wealth. Obligate a portion for your needs, a portion for your savings and most importantly commit a tenth of your income to the Church or your place of worship. Also, it is said that the more money you make, the more you should give. The more spend on yourself, the more you should give for charity.
“Wealth obtained by fraud dwindles, but the one who gathers by labor increases it.”
If you get money from gambling, fraud and taking advantage others, you will suffer; but will be blessed if you get money out of your hard work. It is important to understand that lying, cheating and taking advantage of people are not good income channels but honest and hard work will lead to unconsciously increasing wealth.
“Good planning and hard work lead to prosperity, but hasty shortcuts lead to poverty.”
Careful planning is also important to building your wealth – it leads to prosperity. If you prosper financially, you have the bigger responsibility of teaching people how to fish, and later on prosper with you. It is clear that planning is essential to be able to reach your goal, but hasty shortcuts lead to poverty.
The Bible talks so much about virtues that we should all live by including the right value for money. What’s your Bible story about financial management?