Here are 3 steps to follow to Manage Money Biblically:
- Earn diligently. The diligent worker is hard working, purposeful and grateful. (Col. 3:23; Deuteronomy 8:18)
- Save wisely. Don't spend what you don't have. I liked that our Pastor pointed out the difference between saving and hoarding. Saving is putting money aside for appropriate goals which is Biblical. (Proverbs 21:20; Proverbs 6:6-8) On the other hand, it is sinful to hoard as illustrated in the story Jesus told in Luke 12:16-21. Hoarding is continuing to put money aside AFTER our goals are reached.
- Spend Prudently. We hear it's wise to diversify and "Don't put all your eggs in one basket" all the time about investing. Set up a budget based on your net income and then stick to it. (Ecclesiastes 11:2)
Jesus said in Matthew 6:19-21, Do not store up for yourselves treasures on earth . . . But store up for yourselves treasures in heaven where moth and rust do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. (NIV)You can actually to to our church's website to hear the whole sermon for yourself at phbaptist.org. Tomorrow's post: "3 Steps To Get Out of Credit Card Debt" Share this: