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In my previous post on Friday, I talked about being in financial bondage.  In that post, I stated that financial bondage is “the state of being captivated or overwhelmed by money matters, including mental or spiritual concerns.  In today’s post I want to share with you what I feel are the...

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Biblical Financial Principles

Posted by P.B. | Posted in Biblical Financial Principles | Posted on 01-09-2009

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What the Bible says about Personal Finance

In the New Testament, Jesus spoke more about money, possessions and stewardship than any other topic.  It isn’t because money is the most important thing in our lives, He spoke so much about it, because He wanted us to understand that if we could learn how to handle the pressure that money brings to the family, and channel that pressure into helping others we could be successful.

Jesus understood the dangers of materialism.  Today we are bombarded on a daily basis to get more stuff.  Even during this roller coaster economy, we are tempted to spend more than we make.  This ‘I want it now’ lifestyle was exactly what Jesus was trying to teach us to stay away from.

Biblical Financial Principles

I am going to start a series on seven Biblical Principles that will change the way you think about money. If you take time to read these posts I know they will help you better understand who God is and how He wants you to live your financial life.

  1. Understand God’s Ownership (Psalms 24:1)“The earth is the Lord’s, and all its fullness, The world and those who dwell therein.”
  2. Learn to Save Money (Proverbs 21:20) “There is desirable treasure, And oil in the dwelling of the wise, But a foolish man squanders it.”
  3. You Must Live on Less Than You Make (I Timothy 6:7-8) “For we brought nothing into this world, and it is certain we can carry nothing out. 8 And having food and clothing,  with these we shall be content.”
  4. There is Life After Debt (Proverbs 22:7) “The rich rules over the poor, And the borrower is servant to the lender.”
  5. Establish an “On-Purpose” Cash Flow Plan (Luke 14:28-30) “For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it – 29 lest, after he has laid the foundation, and is not able to finish, all who see it begin to mock him, 30 saying, ‘This man began to build and was not able to finish.’ ”
  6. Prioritize Your Plan Around the Four Walls (I Timothy 5:8) “But if anyone does not provide for his own, and especially for those of his household, he has denied the faith and is worse than an unbeliever.”
  7. Giving is the Goal to Financial Freedom (II Corinthians 9:7) “So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver.”

In the upcoming days and week ahead, I will be talking about each item in an individual post.  Thanks to all of you who continue to read and support this blog.

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[...] has many great financial principles.  The second financial principle we want to look at in our series is ‘learning to save money’.  A lack of savings is the number one reason people go into [...]

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