5 Biblical Simple Practices for Personal Finances

During the past few years, I have read hundreds of Bible verses about money. I have also talked to many people, both those in financial crisis and those doing well. Considering all of this, I have boiled down what I think are the 5 basic Biblical principles that God has for us about money:
1. Work Hard
Whatever you do, work at it with all your heart, as working for the Lord, not for men, since you know that you will receive an inheritance from the Lord as a reward. It is the Lord Christ you are serving. (Colossians 3:23-24) For even when we were with you, we gave you this rule: “The one who is unwilling to work shall not eat.” (2 Thessalonians 3:10)
2. Live Small
And He said to them, “Beware, and be on your guard against every form of greed; for not even when one has an abundance does his life consist of his possessions.” (Luke 12:15) You shall not make other gods besides Me; gods of silver or gods of gold, you shall not make for yourselves. (Exodus 20:23) Set your minds on things above, not on earthly things. (Colossians 3:2)
3. Tithe
“Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the LORD Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it.” (Malachi 3:10)
4. Severely Limit Borrowing
The rich rules over the poor, and the borrower becomes the lender’s slave. (Proverbs 22:7)
5. Save
The wise man saves for the future but the foolish man spends whatever he gets. (Proverbs 21:20)

If we follow these Practices, our financial lives will be in good shape most of the time. This is part 1 of 4 articles: Part 2. God’s 4 key money management principles , Part 3. 5 of God’s rules for preventing financial crisis, Part 4. The 4 rules of recovering from financial crisis.

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