Money is essential to life, so it should come as no surprise that the Bible speaks much on wealth and its dangers – as well as encouraging hard work, savings, and investing. Many verses warn against wealth’s dangers, while others laud its negative and positive benefits!
Money should be handled carefully as part of God’s gifts to us. Here are 12 Bible verses about finances to teach you how to be an intelligent saver.
1. Don’t Be Selfish
Being self-centered when it comes to finances is never acceptable, whether that means saving, spending, or giving. Money should never become an idol if our hearts aren’t right with Him.
God wants you to have everything you need, and more, so it’s essential to seek His advice when managing your money. He wants you to have everything necessary and more!
According to Scripture, being faithful with money (even small amounts) is critical for being trusted with more important matters – earthly riches won’t last for eternity! So focus on being faithful with what you have and seek God’s glory – He knows how to provide for you and others! He waits on us, asking Him for wisdom!
2. Don’t Borrow
Financial matters do not often top our lists when we think about biblical doctrine and finances, yet the Bible doesn’t condemn financial institutions or encourage debt accumulation.
However, the Bible contains numerous passages which advise against borrowing money and instruct us to pay back any debt we take on. Furthermore, it shows examples of people with healthy relationships with wealth who used their riches to bless others.
Bible also teaches that when borrowing money, one becomes the servant of the lender. Keep this in mind when seeking guidance in how you treat money – rather than listening to advice from TikTok or your broke brother-in-law, consider reading what the Bible says, as it contains more nuanced guidance than either extreme approach.
3. Don’t Hoard
Christians often experience difficulty with money matters, which may stem from either an ignorance of what the Lord says about finances or an apprehension over surrendering control over their assets to Him.
The Bible makes it crystal-clear that we should avoid hoarding wealth; instead, it instructs us to exercise wise stewardship when growing it (Proverbs 21:20). This requires diligence and forward-thinking while sharing resources for everyone’s benefit.
The Bible also warns against seeking financial riches, noting that money can lead to all evil; seeking more is often an impossible temptation, leading many away from the faith and creating great hardship (1 Timothy 6:10).
4. Don’t Spend Too Much
The Bible contains numerous passages warning against greed and the love of money. But it also gives examples of wealthy individuals like Abraham, King David, and the woman from Proverbs 31 who used their wealth wisely while honoring God.
While wealth shouldn’t be fearful, we should approach it cautiously. Spend less than you make and save accordingly; an ideal goal would be to have enough saved for an emergency or job loss to cover three to six months’ expenses.
Remember, money is immoral; it only does what we tell it to. So don’t allow money to dominate your life; use it instead to help others and expand the Kingdom of God.
5. Don’t Be Afraid to Give
Wealthy people who refuse to share can become burdens for themselves and those around them. Instead of hoarding riches for ourselves alone, it would be more generous for us all if we shared them freely with those in need.
Have you heard stories about lottery winners who quickly go bankrupt because they lack the self-discipline to stop spending their winnings irresponsibly? According to scripture, people who withhold generously will reap great benefits; those who withhold unnecessarily are doomed to poverty.
Wealth can be desirable, but we must be wary not to let it become an idol in our lives or take its place alongside God as the center of our universe. When we put Him first in our lives and seek Him for our needs and finances, He will provide for them and bless our finances accordingly. Additionally, remembering our treasure is in Heaven should keep your priorities straight.