4 Key Biblical Money Management Principles

Part 1 in this 4 part series was God’s 5 Simple Practices for Personal Finances. This post covers the 4 central overriding principles that God wants us to follow and think about regarding money. Adopting these key beliefs and being transformed in our orientation to money will help us live the 5 Simple Practices in the prior article, and lead to financial freedom and peace. Parts 3. 5 of God’s rules for preventing financial crisis, Part 4. The 4 rules of recovering from financial crisis.

1. He owns and provides everything
Yours, LORD, is the greatness and the power and the glory and the majesty and the splendor, for everything in heaven and earth is yours. Yours, LORD, is the kingdom; you are exalted as head over all. Wealth and honor come from you; you are the ruler of all things. In your hands are strength and power to exalt and give strength to all. (Chronicles 29:11-12 NIV)

2. We are merely temporary stewards
At that time the kingdom of heaven will be like…  Again, it will be like a man going on a journey, who called his servants and entrusted his wealth to them. His master replied, “Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!” (Matthew 25: 1, 14, 21 NIV)

3. We are to be good managers
Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much. (Luke 16:10 NIV)

4. Seek Him, not stuff
Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more important than food, and the body more important than clothes? Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? Who of you by worrying can add a single hour to his life[b]?  And why do you worry about clothes? See how the lilies of the field grow. They do not labor or spin. Yet I tell you that not even Solomon in all his splendor was dressed like one of these. If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will he not much more clothe you, O you of little faith? So do not worry, saying, “What shall we eat?” or “What shall we drink?” or “What shall we wear?” For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own. (Matthew 6:25 – 34 NIV)

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