Manage Your Money God’s Way: Saving and Investing & How Wealth is Created

February 25, 2017

It’s okay to build wealth as long as it’s a byproduct of being a faithful steward and getting rich is not your primary focus. The Bible warns us against the temptation to become rich in 1 Timothy 6:9, which states says, “Those who want to get rich fall into temptation and are caught in the trap of many foolish and harmful desires, which pull them down to ruin and destruction.”

Along with a godly attitude, the resources we need are:

    Hard work

    Self-control

    Patience and time

    Understanding your current situation and your personal financial pitfalls

    Willingness to change bad habits (which can be hard and painful)

Here are some godly ways you can use the hard work, responsibility and self-control to build wealth with the proper attitude:

  1. Manage your spending and your lifestyle
  2. Work hard to maximize personal Income
  3. Eliminate debt
  4. Take advantage of legal tax breaks
  5. Take advantage of free money (employer matching funds in the company’s 401k and the pre-tax dollars that are being invested)
  6. Make long term investments so compound interest works for you
  7. Invest in yourself. Get an advanced degree or certification that will make you more valuable at work
  8. Invest any financial windfalls that come your way (bonus, gifts, inheritance, etc.)

If you are looking for a financial professional, check out Kingdom Advisors and be sure to interview at least 3 people before making a decision.

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