Having a good sense of money management skills is an effective way to reduce misery, save marriages, improve health and reduce stress. Raising a Christian family means remembering to incorporate good morals and ethics into your structured home – engulfed in those elements should be the beliefs centered within the Christian faith. Christians live at a high standard of honesty because God is always by their side. There will be times money will cause disagreements and/or episodes of frustration however, it’s important to know that even during these times God is surrounding us. Therefore, when Christians evaluate their financial situation God should also be considered in the equation.
God is the provider: Try to engulf Matthew 6:31 in your regiment of money management. Don’t become materialistic but keep in mind Christians are not supposed to constantly worry about money. Living by faith is no longer the way to manage your finances. God provides you with property to manage and it is your duty to be responsible for those blessings. People who live without being responsible for their funds and leaving it completely in God’s hands will end up being in debt. Be thankful for the opportunities within your career and the financial blessings that God provides but be willing to own your obligations.
Giving is important: Luke 6:38 says, “Give and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give unto your bosom. For with the same measure that ye mete withal it shall be measured to you again.” It’s important to factor in charity when organizing your funds. This is another way God is put first on a daily basis. As a Christian, it’s important to remember that God provides you with the strength to work each day therefore, it’s only right to give back to the church and to charities that have the intent to better the world.
Saving: It’s important to make your money work for you. Proverbs 21:20 says, “There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.” Christians should be able to see the bigger picture and identify what saving a little money each month can equate to. As a family grows over time, parents will need to get their children ready for college or perhaps embark on new career adventures. Having a savings built up will provide the family with a foundation to stand tall on.
Stay Out of Debt: A lot of people get caught up with the concept of borrowing money. Borrowing funds for a house or a car is one thing however, when you’re borrowing to pay another debt that’s another. In many cases easy credit causes problems later because the amount you could save on the interest paid is substantial. Proverbs 22:7 says, “The rich ruleth over the poor, and the borrower is servant to the lender.”
Budget: In order to truly understand your financial situation you must keep and maintain a budget. Keep records so you can know where and what your funds are being spent on. Proverbs 24:3,4) says, “Through wisdom is an house builded; and by understanding it is established; and by knowledge shall the chambers be filled with all precious and pleasant riches.” Families will feel more secure knowing their income and debts – and will be less likely to get into financial troubles.
Money management tips are essential in Christian homes – especially the biblical aspect that’s associated with budgeting. It’s important to remember God within everything we do – especially finances.