Biblical Finance 101

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It’s amazing how much scripture the Bible contains related to money. God knew it would be a challenging area of our lives so he provided a lot of guidance with over 2300 scriptures about money. I’m convinced our financial journey is more peaceful when following God’s plan. One Money Design is guided by Biblical financial principles. These principles provide guidelines to help us manage wisely the resources (including money) that have been entrusted into our care.

The owner of money

God owns everything which includes all of our possessions.

The earth is the Lord’s and everything in it (Psalms 24:1).

The manager of money and resources (Financial Steward)

We are stewards of what God has entrusted into our care. Therefore, money belongs to God and we are expected to manage it well.Biblical Finance 101

So then, men ought to regard us as servants of Christ and as those entrusted with the secret things of God. Now it is required that those who have been given a trust must prove faithful (1 Corinthians 4: 1-2).

Debt

Avoid getting into debt and if you are in debt create a plan to become debt free.

The rich rule over the poor, and the borrower is servant to the lender. (Proverbs 22:7).

Saving

Plan for the future by saving.

The wise man saves for the future, but the foolish man spends whatever he gets (Proverbs 21:20)

Spending

Learn to be content and thankful for your current situation. Place your focus and need in God and not material possessions.

I have learned to be content in whatever circumstances I am. I know how to get along with humble means, and I also know how to live in prosperity; I can do all things through Him who strengthens me (Philippians 4:11-13).

Giving

Put God first in your finances by giving. Giving shows are trust in God and that he will provide for our needs.

But seek first his kingdom and his righteousness and all these things will be given to you as well (Matthew 6:33).

How do you let God’s financial principles guide you in making financial decisions?

About Jason

Hi, I'm Jason and I started One Money Design over 2 years ago with a passion to help people make progress along their journey to true financial freedom. I've worked as a volunteer financial coach for over 5 years providing people practical financial tips and helping them apply Biblical stewardship principles to their finances. I enjoy spending time with my wife and two children and learning more about personal money management every day. Follow me on Twitter, Facebook and Google +

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