Biblical Finance 101

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?

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About Jason

Jason started blogging in 2009 when he created One Money Design. Since then it has grown into a group of writers with unique personalities and a common goal of helping people on the journey to true financial freedom. Jason is an IT project manager by day, but you’ll find him blogging about personal finance and exploring web entrepreneurship late at night and the early hours of the morning. He’s also actively involved in a financial coaching ministry in his community where he shares principles of biblical stewardship and helps people learn to manage their money wisely. Jason enjoys spending time with his wonderful wife and two awesome children and lives in north Dallas. Twitter | Facebook | +Jason Price

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