Wednesday, May 19, 2010

Four Biblical Principles for Financial Management

Here are the four principles for keeping our financial house that Danny covered in his recent sermon:

1) Recordkeeping

Proverbs 27: 23-24 says "Be diligent to know the state of your flocks, and attend to your herds: for riches are not forever, nor does a crown endure to all generations."

2) Plan our spending

This principle is called a budget. Financial freedom is never determined by how much money we make but rather how we spend what we make.
Proverbs 21: 5 "The plans of the diligent lead surely to plenty,But those of every one who is hasty, surely to poverty.

3) Saving for the future

Proverbs 6: 6-8 "Go to the ant, you sluggard! Consider her ways and be wise. Which, having no captain, overseer or ruler, provides her supplies in the summer, and gathers her food in the harvest.

4) Be content with what we have

Proverbs 21: 17 "He who loves pleasure will be a poor man; He who loves wine and oil will not be rich. Indulging in luxuries will never make us wealthy.

Simple principles that can keep us from disaster and help us to serve God.

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