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The Bible Says What?!? (About Your Money) B is #A2ZChallenge

03 Apr

Heads up. I’m going to use the B-word now. Stick with me any how.

B is for Budgeting. This isn’t some constricting, kill-joy budget. It is a plan. Make this the P-word. Plan. We want others to have a plan. The coach. The surgeon. The airline pilot. The contractor. The teacher. If these people just go with the flow to see what happens, we get ticked.  Why? We know without a plan nothing gets done or things can even go horrendously wrong.

The Bible says several things about our plans for “our money” (i.e. the money belonging to God that we are to manage. See A is for…)

“The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to want” (Proverbs 21:5, New Revised Standard Version).

“For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?” (Luke 14:28)

“Prepare your work outside; get everything ready for yourself in the field, and after that build your house.” (Proverbs 24:27)

Know well the condition of your flocks, and give attention to your herds, for riches do not last forever; and does a crown endure to all generations? (Proverbs 27:23-24)

Sometimes the Bible is straight forward. A plan will get enough for my family plus more to share. Rushing forward without a plan leads to unmet needs. Before we spend on a something large, figure out if we can afford it. Work first, then make your big purchase.

Plymouth Rock Chicken

e condition of my flocks? Sometimes we have to take the principle being taught by the Bible to an agricultural society and apply it to our society. We’re not dealing in chickens and sheep, but a plan will keep us from eating up too many assets. What is your monthly income? What are you setting aside for the future? Are there animals, I mean expenses that need to be cut from the herd? Are you investing in a Guinea fowl IRA or a Plymouth Rock 401K? Flocks and herds were riches as surely as bank accounts, cars and houses, and they don’t last long without attention and won’t last forever regardless.

Do you know your net worth? Your financial condition? Add up the value of your house, car and accounts and subtract all your debts.

Is your car getting in better and better shape? Or do you have a financial plan for when and how you’ll replace it?Is your health getting better and better so that you will always be in the condition you are today?

Maybe the plan is as simple as a summer vacation or sending the kids to a great camp. Did you plan for that in your budget? Or are you eating up assets you have and those you don’t? (Hello credit card.) Whether you consult Suze Orman or Dave Ramsey, make a plan. If one system for sticking with your plan doesn’t work (e.g. the Envelope plan), try another (e.g. one page budget).

Need more help and for free because you don’t have a budget for that help? Call around local churches to find one with a financial class. Classes in your area may include I Was Broke Now I’m Not, Discovering God’s Way of Handling Money, and Financial Peace University among others.

Free help and even coaching are out there.

Plans fail for lack of counsel, but with many advisers they succeed. (Proverbs 15:22 in New International Version).

26 Days of The Bible Says What?!? (About Your Money) are coming your way.

Other “B” Topics from #A2ZChallenge around the web:

Find more AtoZ Blogs by searching Twitter for these hashtags: //

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Kristin King began her study of the financial principles in the Bible during tight times in 1999 and has never stopped learning and teaching. She recommends joining the Crown.org newsletter for uplifting testimonies, solid teaching and applications. Kristin is also available for speaking engagements as time allows. Message her on Facebook at Kristin F. Chaudoin King for more information.

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7 Comments

Posted by on April 3, 2018 in A to Z Blog

 

Tags: , , , , , , ,

7 responses to “The Bible Says What?!? (About Your Money) B is #A2ZChallenge

  1. kristinkingauthor

    July 10, 2018 at 5:33 pm

    You’re welcome!

     
  2. simplywendi

    June 5, 2018 at 2:31 pm

    so enjoyed this post, thank you!

     
  3. praymillennials

    April 17, 2018 at 12:31 am

    Reblogged this on Praying for the millennials.

     
  4. kristinkingauthor

    April 9, 2018 at 2:56 am

    It’s true. We tend to think so many of our problems are modern. Thanks for stopping by.

     
  5. kristinkingauthor

    April 9, 2018 at 2:55 am

    We use plastic the same way–paid off every month. Now, though, we have a mortgage and feel the weight of that even though it is secured debt. There is a difference when we are completely debt free! Thank you so much for sharing. I’ll head over to check out your letters and addd you to my Feedly reading list. Thx.

     
  6. Cathy Kennedy

    April 3, 2018 at 5:23 pm

    Kristin,

    Many thanks for sharing yesterday’s ‘B’ post with your readers. That was very kind of you. Now on to a budget. I loved the verses you provided concerning how we should budget the things we want in life. I wish we had heeded these words early in our marriage but like so many we fail prey the credit card trap. It took us many years to get out from under that iron shackle but thankfully God helped us and I consider ourselves debt-free. We still use plastic for convenience but we now pay everything off when it comes due. This has been very liberating to say the least. We still have tight times but we’re not a slave to high-interest rates sapping more of our money down the drain. Great post, great wisdom from God’s word. Have a good day and happy A2Zing! Feel free to join me for today’s letter prompt ‘C’!

     
  7. I.L. Wolf

    April 3, 2018 at 3:07 pm

    What an interesting approach to what feels like a modern problem…I guess all problems have always been around one way or another!

    Thanks for the link!

    @IsaLeeWolf
    A Bit to Read

     

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