Bible, Mastering money

Basics Of Biblical Finance

Money is really fun if you have it right? But if you don’t have it, or if you struggle to keep and manage it, it can be an incredible source of stress and anxiety. For most of us though, we don’t do well with our money. With the average American spending 104% of their annual income, our money is often something that holds us back instead of providing freedom. And our money problems don’t just stay in the financial realm. It can impact our relationships in a very negative way as well. In the first week of this series, Pastor Sean looks at what the Bible has to say about money and gives 5 Basics of Biblical Money Management that can help you to start getting back on track with your finances.

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5 Basics Of Biblical Money Management

Get Out Of Debt

Debt is 100% risk. 100% of cars repossessed were bought with debt.

Proverbs 22:7 Just as the rich rule the poor,
    so the borrower is servant to the lender.

  • Slaves don’t have options (stuck in crappy jobs, carrying student loans, can’t be generous).
  • Slaves have masters ( Matthew 6:24 “No one can serve two masters. For you will hate one and love the other; you will be devoted to one and despise the other. You cannot serve God and be enslaved to money.)
  • Not a single wealthy person became wealthy by using Credit Cards.

Act Your Wage

  • Learn to live on less than you make!

Proverbs 21:20 (The wise have wealth and luxury,
    but fools spend whatever they get.)

Get On A Budget

  • We make horrible money decisions and then ask God to bless it!
  • Parable of the talents in Matthew 25 tells us that God pays attention to how we manage what we already have.
  • God giving you more money would not be a blessing, it would be irresponsible.

Save And Invest

  • Some of us are trying to out earn our bad spending habits.
  • Get a $1,000 emergency fund. Sell the stuff in your garage you have not used in a year.
  • Almost 80% of us will have a negative money event in the next 10 years. (Save for it!)
  • Debt is not a sin. Spending everything you make isn’t a sin. It’s just foolish.

Give

Malachi 3:10 Bring all the tithes into the storehouse so there will be enough food in my Temple. If you do,” says the Lord of Heaven’s Armies, “I will open the windows of heaven for you. I will pour out a blessing so great you won’t have enough room to take it in! Try it! Put me to the test!

2 Corinthians 8:11 Now you should finish what you started. Let the eagerness you showed in the beginning be matched now by your giving. Give in proportion to what you have.

1 Corinthians 16:2 On the first day of each week, you should each put aside a portion of the money you have earned. Don’t wait until I get there and then try to collect it all at once.

Money is really fun if you have it right? But if you don’t have it, or if you struggle to keep and manage it, it can be an incredible source of stress and anxiety. For most of us though, we don’t do well with our money. With the average American spending 104% of their annual income, our money is often something that holds us back instead of providing freedom. And our money problems don’t just stay in the financial realm. It can impact our relationships in a very negative way as well. In the first week of this series, Pastor Sean looks at what the Bible has to say about money and gives 5 Basics of Biblical Money Management that can help you to start getting back on track with your finances.

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