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Managing Money God's Way

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One of the most widely discussed issues in all of the Bible is money; covering its gathering, storing, and use. In the New International Version of the Bible money is mentioned one hundred and fourteen times. Knowing how to properly use money and to understand how God views money is your best defense to preclude money’s rule over your life. Reviewing these words will help you to know what money was intended for and what it is not. Money, like all good and perfect gifts, and be misused. Money is a method of currency established by God to help us transact business, buy needed wares and foodstuffs, and as enumeration for services. Money when used wisely can be a great asset for both your family, your physical well-being, and the Kingdom. Keeping these time tested precepts at the forefront of your mind will help enable you to use money the way God had always intended.

Money as a Tool

Money was never intended to be used as anything but a commodity. Like wheat or any other tangible item, it can be measured and valued, it can lose as well as gain in worth and as we have seen in the dramatic recent fall of stock markets nationally and abroad. Though all of us have basic money concerns when our stock values fall, inflation and bankruptcies soar, home values decline, we are encouraged to keep all in perspective. If we fail to keep money in its proper place, to use and see it as a tool rather than an ends, we are prone to its idolization and therefore our own personal spiritual demise. Just as we are called to be content in all things so should we be content with the resources God has granted us by utilizing them wisely. In Proverbs 17:16 we are told that a man who has money and does not seek wisdom is a fool and God offers wisdom liberally for all who seek it.

“Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. This too is meaningless.” Ecclesiastes 5:10

Live Below Your Means

Living below your means is totally against all that the world would have us do. With credit card debt, home equity loans, car loans and second mortgages being readily available it is difficult for all of us to exercise restraint. Keeping in mind a few simple ideas will do much to help eliminate unnecessary spending. Never use a credit card if you can’t pay the balance in full when the bill arrives or unless it is an absolute emergency. Regardless of how you feel or the extent of your desires, having the latest technological gadget or latest fashion item is not an absolute and critical need. For most all of us, buying a car is the second largest purchase we will ever make and therefore the second most essential that we make a wise and judicious decision. Car companies will offer longer re-payment periods, leases and sweetheart deals to entice you to buy whatever your heart desires. Many of the payment periods are so long that many vehicles will have no substantive working or monetary value at the time of the last payment, necessitating that your next vehicle purchase also be over an extended payment period. To avoid falling prey to the constant “money trap” of car payments it is generally better not to lease cars, but to buy and own them outright and to finance a car over a shorter rather than a longer payment period. Most all initial car purchases may require some type of debt to get you started but limiting this debt, paying it off as soon as possible and paying cash for future vehicles will be a good start to limiting excessive car payments and liabilities. Also explore buying a good use car as an alternative to the often unnecessary expense of that new car you feel you cannot live without. Living below your means will allow you to better provide for your business and family allowing you a cushion and extra margin when unexpected contingencies arrive. Continue >>

 
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  • Sat Dec 20, 2008 10:05 pm : 0 : 0 Flag

    Great advice. Thanks for the input.

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