Christians should be focused on planning finances for the glory of God, while keeping in mind biblical principles regarding money management. Financial planning Christian can be difficult, so you might consider looking into Christian financial planning services—especially if you’re not sure where to begin.
A Christian financial planner can help you manage your money according to biblical management principles and ensure you have a financially stable future. But what are Christian financial planning principles, and what are some things you should know about them?
Why is Christian financial planning important?
You should plan your money matters wisely by cutting extravagant expenses, saving to achieve long-term goals, giving generously, preparing for emergencies and retirement, and ensuring you won’t find yourself struggling financially.
Most importantly, prudent monetary management should be practiced for the glory of God. That involves using your resources wisely while practicing biblical stewardship over the gifts that God has blessed you with.
What does the Bible say about money management?
The Bible is the Word of Gof. As such, it contains sound principles related to all dimensions of our lives, including money management. It urges us to use our resources wisely since they’re blessings from God. Read more to find some important verses about savings, investment, and other financial matters.
Investing
The Bible advises us to wisely invest while remembering God and avoiding investment options with organizations, companies, and businesses that follow sinful, immoral, and unethical practices. According to 2 Corinthians 6:14, “For what partnership has righteousness with lawlessness? Or what fellowship has light with darkness?”
Debt
The Word of God cautions against going into debt and compares debt to bondage. This kind of bondage can prevent us from developing financially and giving freely to others. Proverbs 22:7 says, “The rich rule over the poor, and the borrower is the servant of the lender.”
Savings
The Bible calls it wise to be careful with money and to save. Verses like Proverbs 21:20, Proverbs 21:5, and Proverbs 11:28 provide guidance on savings. For instance, Proverb 21:20 says, “There is precious treasure and oil in the home of the wise, But a foolish person swallows it up.”
Principles of Christian financial planning
Christian financial planning should include five main biblical stewardship principles, including:
- Assessing your resources, assets, and liabilities
- Knowing how to spend your money wisely
- Retirement planning dedicated to the service of God and the Church
- Having a robust insurance plan to protect your family and loved ones in emergencies
- Drawing an estate plans to enable your heirs to inherit your property and continue practicing biblical stewardship for generations to come
How can a Christian financial advisor help?
In addition to studying basic Christian principles regarding financial management like savings, investments, and debt, you can also seek the services of a financial advisor.
Christain financial advisors are experts in excellent financial stewardship according to fundamental Biblical principles. Christian financial services can help you plan your finances while respecting biblical principles and allowing you to secure your future. In turn, you’ll be empowered to fulfill your duty to the Lord by practicing obedient stewardship of the resources God faithfully provides.
