4 Fundamentals of Christian Finance

A post from ChristianPF which mentions 4 fundamentals that is a good reminder.

Full post here.

Blessed day!

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Principle 1: Spend less than you earn.

In the house of the wise are stores of choice food and oil, but a foolish man devours all he has. Proverbs 21:20.

Financial success and peace are based on having financial margin, a positive difference between what we spend and what we earn.


Principle 2: Avoid the use of debt.

The rich rule over the poor and the borrow is servant to the lender. Proverbs 22:7.

We can only serve one master. If our servitude has been committed to a lender, we are not financially and spiritually free to serve Christ with all of our heart.


Principle 3: Build reserves.

Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest. Proverbs 6:6-8.

Financial reserves give us the flexibility to respond to the unknown. According to the passage above, they do not represent a lack of faith, but a prudent response to planning for an unknown future.


Principle 4: Set long term goals.

I press on toward the goal to win the prize for which God has called me heavenward in Christ Jesus. Philippians 3:14.

The first three principles are means to the end of accomplishing the goals that God has placed in our heart. Effectively funneling money toward what matters most requires that we avoid debt in order to live within our means and develop a financial margin . . . a margin that is first used to provide a reserve and then toward long term financial goals.