5 IMPORTANT

FINANCIAL TIPS FROM

THE SCRIPTURES
By: AMY LIVINGSTON

TEXT: PROVERBS 21:5

Proverbs 21: 5
“Ang mabuting pagbabalak ay
pinapakinabanagan, ngunit ang
dalus-dalos na paggawa ay walang
kahihinatnan.”
What does the Bible say
about basic financial
concepts that are as relevant
as ever in our modern world?
1. SET PRIORITIES
Proverbs 24:27
“ Put your outdoor work in order and get
your fields ready; after that, build your
house.”
This only means, wse all have certain
basic needs that we have to meet in order
to survive. We need to set priorities with
our money. We should save enough to
cover the ESSENTIALS before spending
money on creature comforts.
2. MAKE A BUDGET
Luke 14:28-30
“Suppose one of you wants to build a tower. Won’t you first sit
down and estimate the cost to see if you have enough money to
complete it? For if you lay the foundation and are not able to
finish it, everyone who sees it will ridicule you, saying, ‘This
person began to build and wasn’t able to finish.’”
It always make sense to save resources
in good times so you have them to help
you get through lean times. Examples:
job loss, medical emergencies, etc.
3. BUILD AN
EMERGENCY
FUND
Genesis 41: 34-36
“Let Pharaoh appoint commissioners over the land to take a fifth
of the harvest of Egypt during the seven years of abundance. They
should collect all the food of these good years that are coming
and store up the grain under the authority of Pharaoh, to be kept
in cities for food. This food should be held in reserve for the
country, to be used during the seven years of famine that will
come upon Egypt, so that the country may not be ruined by the
famine.”
4. AVOID DEBT
Proverbs 22:7
“The rich rule over the poor, and the
borrower is slave to the lender.”
The Bible does not say that
having a debt is a sin, however, all
debts take a toll on those who
carry it both mentally and
physically.
So as much as we can, let us avoid
having a debt. If it cannot be helped, do
not make a debt that is more than your
income, or else it could be impossible to
escape from it.
4. MAKE INVESTMENTS
Ecclesiastes 11:2
“Invest in seven ventures, yes, in eight; you
do not know what disaster may come upon
the land.”
5. Make a financial plan

Proverbs 21:5
“The plans of the diligent lead to profit
as surely as haste leads to poverty.”
This final tip more or less sums
up all the others. Budgeting,
planning for retirement, and
saving for emergencies.
Three-step Process in Financial
Planning:
1.Identify your goals.
2.Evaluate your situation.
3.List steps to take.
Three ways of Christian Financial Plan:
GOSPEL-FOCUSED
The Gospel changes our future and our
understanding of the reason why we are
here on earth. It’s about living in Jesus here
and living for Jesus here.
Our lifestyle, retirement goals, giving,
savings, college thinking, home and car
purchases and everything else will
reflect who we are in Christ. The Gospel
will reorient our priorities for the sake
of Jesus.
Three ways of Christian Financial Plan:
PRAYER-SATURATED
Earthly values are always attractive,
it’s easy to move toward false treasure
in the way we think about money.
The temptation is to compromise.
So, we must pray if we are to win
the battle. Christians pray about
what’s important to them, and God
answers prayer.
Often, the reason we don’t pray is that
we want our agenda and not God’s. But
if living for Christ in our finances is
vital, we’ll pray. And if we pray, God
will work.
James 1:5
“ If any of you lacks wisdom, you
should ask God, who gives generously
to all without finding fault, and it will
be given to you.”
Three ways of Christian Financial Plan:
FAITH-ORIENTED
Living lives of faith, in our financial
planning, means that money does not
carry the day, it’s God’s purposes and
promises. We trust in God not in money.
God bless us and may His
teachings guide us in our
finances!