According to God's Word, there are four fundamental purposes for money: to provide for basic needs, to confirm direction, to give to those in need, and to illustrate God's power and care in provision. Understanding these purposes allows you to see how money relates to God's work in your life and community.
Giving keeps us from spiraling down the destructive path of greed. In the act of giving, we worship God because we acknowledge it is God's money. Hebrews 13:16, “Do not neglect to do good and share what you have, for such sacrifices are pleasing to God.”
Ultimately, God's plan for money is that His people should be blessed financially (and spiritually) to the point that they can monetarily support missions, the maintenance of the local church, and the financial needs of the ministry. This concept is summed up nicely in the following verse.
In any and every circumstance, I have learned the secret of facing plenty and hunger, abundance and need. I can do all things through him who strengthens me.” Philippians 4:19: "And my God will supply every need of yours according to his riches in glory in Christ Jesus.”
The Bible does not teach that borrowing money is a sin. However, it discourages debt and clearly warns against its practical and spiritual dangers, thus compelling us to be wise stewards in the way we manage our finances. The basic conclusion is this. If you can avoid debt, avoid it.
Financial freedom means having enough to provide adequately for your household and to give generously and joyfully to God's work. God wants you to be financially free so you can put Him first in your life and be sensitive to His voice, ready to follow Him whenever -- and wherever -- He leads.
As Moses was at pains to point out to Israel: “It is (God) who gives (us) power to get wealth.” (Deuteronomy 8:18). Since all the money in the world belongs to God, none of it belongs to us.
Money allows us to meet our basic needs—to buy food and shelter and pay for healthcare. Meeting these needs is essential, and if we don't have enough money to do so, our personal wellbeing and the wellbeing of the community as a whole suffers greatly.
To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange. Modern economies use fiat money-money that is neither a commodity nor represented or "backed" by a commodity.
Money reveals our hearts.
Matthew 6:21 says, “For where your treasure is, there your heart will be also.” The way in which we spend our money often demonstrates that in which we trust. This is a general principle; all of us must examine our hearts. However, our money often follows that which we are worshipping.
Why Do We Need Money? Money can't buy happiness, but it can buy security and safety for you and your loved ones. Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.
Wealth can indeed signify a blessing. When we talk about wealth as a sign of God's blessing, we must first consider God's character as it is revealed in scripture. 'Wealth' in this context doesn't just refer to money itself but rather the diversity and splendour of creation.
Your worth is rooted in something much deeper than someone's opinion of you, your worth is rooted in the unwavering opinion of God. Just like Jesus' sense of self-worth is based on His identity as the Son of God, your sense of self-worth is based on your identity as a child of God.
But Scripture tells us that God loves the poor. He is on their side simply because they are still persons worthy of respect. And in their helplessness, they put their trust in God.
The Bible does not say it's a sin to go into debt.
Be encouraged that you are not outside of God's will or engaging in sinful behavior. Scriptures warn us about the dangers of debt for our own good, but also instruct us in how to pay off our debts in a responsible manner.
Philippians 4:19: And this same God who takes care of me will supply all your needs from his glorious riches, which have been given to us in Christ Jesus. Proverbs 10:22: The blessing of the Lord makes a person rich, and he adds no sorrow with it. 2 Corinthians 9:8: And God will generously provide all you need.
If you want God to bless you financially, you first need to honor Him with your money, or as this verse puts it, “with the firstfruits of all your increase.” In other words, you need to tithe. The word tithe means “tenth,” which means to give 10 percent of your gross income to the Lord.
Black: Black is a colour of prosperity, wealth, and career opportunities. You can carry a black wallet to attract all of these three things.
You Have A Scarcity Mindset. A scarcity mindset is where your actions and thoughts all come from a place of lack. This is especially common in regards to money. You find yourself always worrying about money because you believe there really isn't enough money out there to sustain you.
But for most of humanity there is no positive correlation between being religious and being wealthy. So, no, praying “appropriately” does not make one rich.
The Gospels. Jesus explicitly condemns excessive love of wealth as an intrinsic evil in various passages in the Gospels, especially in Luke (Luke 16:10–15 being an especially clear example).
"Honor the Lord with your wealth, with the firstfruits of all your crops."- Proverbs 3:9, NIV. We are to give God the best and first of everything that we give Him, but specifically with our finances and all that we earn. We can honor God by paying the first ten percent of our income to Him through our local church.
One of the most important concepts in finance is the time value of money. This is because so many of our financial decisions rely on the time value of money. For example, when you consider taking out a loan, the time value of money is one of the things that affects how much interest you will pay.
Money is not everything, but money is something very important. Beyond the basic needs, money helps us achieve our life's goals and supports — the things we care about most deeply — family, education, health care, charity, adventure and fun.