30 Bible Verses On Money Management
They say that, “money doesn’t grow on trees.” But wouldn’t we love if it did?
There has likely never been a time where the world didn’t want money and want it quick, fast, and in a hurry.
The age of internet wealth, “easy” side hustles, and money that seems to come slower than it goes, leaves many of us wondering how we too can get in on a piece of the pie.
But who needs more money? Said no one. Ever. The reality is that (in many cases) we don’t necessarily need more money but what we need more of is better money management.
Stewarding our finances involves wisdom so I went to the best source and did a search for Bible verses on money management.
What Does the Bible Say About Money Management?
There are great resources that can aid us in better management of our finances. But there is one that is excellent in giving us wisdom while using these resources.
That’s right, the B-I-B-L-E. Just like every other matter in life, we can find guidance in the Bible on how to manage our finances. That is, managing money God’s way.
God is the creator of this world and everything we have comes from, through, and to him.
Bible Verses On Money Management
Not only are there numerous scriptures on how to manage money, but they teach us at least ten biblical principles that coincide with God’s will and way.
God is Our Source
First and foremost we should remind ourselves that God is our source for everything. For without him we would have nothing. Therefore, we should do our best to seek him over what is tangible.
No one can serve two masters, since either he will hate one and love the other, or he will be devoted to one and despise the other. You cannot serve both God and money. ~ Matthew 6:24
Looking at him, Jesus loved him and said to him, “You lack one thing: Go, sell all you have and give to the poor, and you will have treasure in heaven. Then come, follow me.” ~ Mark 10:21
For from him and through him and to him are all things. To him be the glory forever. Amen. ~ Romans 11:36
For where your treasure is, there your heart will be also. ~ Luke 12:34
For the love of money is a root of all kinds of evil, and by craving it, some have wandered away from the faith and pierced themselves with many griefs.
~ 1 Timothy 6:10
Work Diligently
Working hard and staying dedicated is not only for getting rich but also to preserve all that God has given us.
it prepares its provisions in summer; it gathers its food during harvest. ~ Proverbs 6:8
The one who profits dishonestly troubles his household, but the one who hates bribes will live. ~ Proverbs 15:27
Don’t wear yourself out to get rich; because you know better, stop! ~ Proverbs 23:4
The one who works his land will have plenty of food, but whoever chases fantasies
will have his fill of poverty. ~ Proverbs 28:19
Budget Wisely
A budget is often fluid and changes with the seasons of life. Take the time to understand your budget, review, and modify it regularly.
A house is built by wisdom, and it is established by understanding; ~ Proverbs 24:3
I know how to make do with little, and I know how to make do with a lot. In any and all circumstances I have learned the secret of being content—whether well fed or hungry, whether in abundance or in need. ~ Philippians 4:12
But if anyone does not provide for his own family, especially for his own household, he has denied the faith and is worse than an unbeliever. ~ 1 Timothy 5:8
Give Generously
When I budget, I first set aside what belongs to God. It can be tempting to keep it but I’ve seen God do exceedingly abundantly with what is left over.
So go on, don’t be stingy give God back some of what he has given to you. And don’t hesitate to give to others too if it is within your means.
Honor the Lord with your possessions and with the first produce of your entire harvest
~ Proverbs 3:9A generous person will be enriched, and the one who gives a drink of water will receive water. ~ Proverbs 11:25
Bring the full tenth into the storehouse so that there may be food in my house. Test me in this way,” says the Lord of Armies. “See if I will not open the floodgates of heaven and pour out a blessing for you without measure. ~ Malachi 3:10
Therefore I considered it necessary to urge the brothers to go on ahead to you and arrange in advance the generous gift you promised, so that it will be ready as a gift and not as an extortion. ~ 2 Corinthians 9:5
Save Your Coins
I know there are the stories in the Bible about the fools that store up treasures for themselves. But God does want us to be wise and save for a rainy day or perhaps even a rainy season.
Joseph gathered all the excess food in the land of Egypt during the seven years and put it in the cities. He put the food in every city from the fields around it. ~ Genesis 41:48
On the first day of the week, each of you is to set something aside and save in keeping with how he is prospering, so that no collections will need to be made when I come. ~ 1 Corinthians 16:2
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Invest Diversely
Saving is important but investing and investing our money well is equally as important.
A good man leaves an inheritance to his grandchildren, but the sinner’s wealth is stored up for the righteous. ~ Proverbs 13:22
Give a portion to seven or even to eight, for you don’t know what disaster may happen on earth. ~ Ecclesiastes 11:2
then you should have deposited my money with the bankers, and I would have received my money back with interest when I returned. ~ Matthew 25:27
Pay Your Debt(s)
God says that the borrower is a slave to the lender. Therefore let’s pay our debts quickly.
When it is in your power, don’t withhold good from the one to whom it belongs. ~ Proverbs 3:27
Pay your obligations to everyone: taxes to those you owe taxes, tolls to those you owe tolls, respect to those you owe respect, and honor to those you owe honor. ~ Romans 13:7
Live Marginally
There is nothing wrong with wanting the finer things in life. But the things that we desire have a time and a season.
You may not have everything that you want but you likely have everything that you need.
Remember to be content with what you have and you will experience joy. God’s got you!
The one who loves silver is never satisfied with silver, and whoever loves wealth is never satisfied with income. This too is futile. ~ Ecclesiastes 5:10
I don’t say this out of need, for I have learned to be content in whatever circumstances I find myself. ~ Philippians 4:11 (being content)
Keep your life free from the love of money. Be satisfied with what you have, for he himself has said, I will never leave you or abandon you. ~ Hebrews 13:5
Thou Shall Not Co-sign
Ok, I know it’s not one of the ten commandments but it is a good word to heed.
One without sense enters an agreement and puts up security for his friend. ~ Proverbs 17:18
Don’t be one of those who enter agreements, who put up security for loans. ~ Proverbs 22:26
Seek Wise Counsel
As with all matters in life, there are subject matter experts in every field. While the Bible is the foundation for all matters, we should seek out wise counsel to give us more specific guidance.
Plans fail when there is no counsel, but with many advisers they succeed. ~ Proverbs 15:22
Listen to counsel and receive instruction so that you may be wise later in life.~ Proverbs 19:20
Resources for Biblical Money Management
I mentioned the need for both resources and experts. I claim to be neither as it pertains financial management or education.
But I highly recommend two books that have been on the New York Times best seller list. Both written by financial expert David Bach.
The Automatic Millionaire is has sold over a million copies.
My brother read it and believed it to be so informative and powerful that it encouraged him to gift me Smart Women Finish Rich. This is also a #1 New York Times best seller and has rave reviews.
I own Smart Women Finish Rich in both paperback as well as the audible version of the most recent 20th anniversary edition update.
Now listen, I know there is a ton of information on the internet that you can get for free. But what I love about this book is that David Bach gathers everything and bundles it up for you in one place.
While this is not a Bible based book, his expertise indirectly touches on every scripture I mention above.
He includes step by step actions that aid in stewarding money that will align with the biblical way.
Things like investing, saving, paying debt, social security information, mortgage and homeownership education, retirement, inheritance, etc.
I refer back to Smart Women Finish Rich often, as being a good steward of my finances is a never ending process.
Reflecting Beyond the World
What steps are you taking to steward your finances God’s way?
Prayer
Father, thank you being the source from which all resources flow. Please guide me as I steward every dollar that you have given me.
*Unless otherwise noted, Scripture quotations have been taken from the Christian Standard Bible®, Copyright © 2017 by Holman Bible Publishers. Used by permission. Christian Standard Bible® and CSB® are federally registered trademarks of Holman Bible Publishers.
