Money is one of the most misunderstood and misused resources on the planet. The Bible teaches that God wants you to have a clear and healthy perspective on finances. If I could sum up the Bible’s many teachings on money into one statement, I’d say it’s “Money is a good servant, but a poor Master.” When you discover true financial freedom, you will find more peace in all aspects of your life. Below are some of the most consistent financial principles found in Scripture. Apply them and you will see blessings (and not just financial ones).
1. Relentlessly eliminate your Debt.
The rich rule over the poor, and the borrower is slave to the lender. Proverbs 22:7
2. Wisely plan your Spending.
Then Jesus said to them, “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions. John 12:15
3. Systematically prioritize your Saving.
Dishonest money dwindles away, but whoever gathers money little by little makes it grow. Proverbs 13:11
4. Joyfully increase your Giving.
Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver. 2 Corinthians 9:7
5. Eternally maximize your investments.
Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. Matthew 6:19-21