My dear fellow Proverbs 31 women in progress,
I hope you’ve been doing well since my last post. Today, I want to share with you 5 principles of money management found in the Bible, so that we can all progress in this area to become as financially astute as the Proverbs 31 woman.
The principles I will share today are the following:
- the Lord’s ownership
- debt avoidance
- advice seeking
Principle #1: God owns it all
The silver is mine, and the gold is mine, says the Lord of hosts
While we are on this earth, God provides for us in anything, including in money department. Therefore, we should act as his managers, having in mind that we have brought nothing on this earth and we’ll bring nothing back with us when we die.
Also, we are only pilgrims on this earth and we will be held accountable for all our habits before the Lord on the Judgment Day. That’s why we must be careful to be godly in everything, including in the way we manage our money – even if we don’t have lots of it. Don’t wait to have a lot of money to start managing it for the Lord’s glory.
I hope that we’ll all be greeted with a large smile from the Lord saying:
Well done, good and faithful servant: you have been faithful over a few things, I will make you ruler over many things: enter into the joy of your Lord
Principle #2: Avoid debt
The rich rules over the poor, and the borrower is servant to the lender
I have dealt with the topic of debt in earlier posts. Debt is mostly caused by spiritual issues, especially covetousness and lack of contentment. Moreover, debt can affect your relationships with your entourage and prevents you from being generous for the advancement of the Kingdom of God.
Did you know that God lists being in debt as being a curse on the Israelites if they do not follow the law and respect the covenant? If you don’t believe me, please read Deuteronomy 28, 43-44:
The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail
Principle #3: Seek proper advice
Without counsel purposes are disappointed: but in the multitude of counsellors they are established
Money is a sensitive topic, so you shouldn’t hesitate to seek advice concerning money management from God’s perspective. Where can you find such advice? In the Bible of course, especially in the Book of Proverbs; but you can also contact an elder or a person who truly understands God’s perspective of money. A professional advisor who really knows his field can also help.
And don’t be afraid to look like a fool: honestly, I’d rather have someone who confesses that he/she is ignorant about things than someone who acts as if he/she knows everything whereas he/she is too proud and to stubborn to look for knowledge.
Principle #4: Save & invest
The thoughts of the diligent lead only to plenty; but of everyone that is hasty only to want to want
Saving and investing money participate to proper money management if carefully planned. Saving and investing also means that you decided to be responsible about your money and that you want to be independent, which is honorable.
However, you must be careful about your intentions when you save and/or invest your money. You must stay away from feelings such as self-centeredness and selfishness. If you invest money just for the pleasure of accumulating, it’s really sad and you’ll be out of touch with the purpose of the Gospel.
Investing should be for the well-being of our families, for the support of God’s work or to start a business for example.
So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver
2 Corinthians 9:7
Giving is essential in God’s economy. He already showed it with the principle of tithing in the Old Testament. In the early church, the apostles were also dedicated to give funds to help widows. Why is giving so important to God’s eyes?
Because it means that we obey His commands and we want to worship Him by loving our neighbor like ourselves. Also, it means that we get rid of self to focus on Christ.
Giving also brings blessings back to the giver:
And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for every work
2 Corinthians 9:8
Well that’s all for today? Do you agree with these principles in money management? Please share your point of view in your comments below!
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