Financial Lessons from the Bible: What The Bible Can Teach You About Money
   Updated: 2022-04-14T16:45:09Z
    minute read

 

If there is one book that gives advice and even the "how" of living your life, then The Bible is the ultimate candidate. As we observe the Holy Week, let us dive into how the Bible can help with our money issues.

 

Financial Lessons from the Bible: What The Bible Can Teach You About Money
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    The Power of Habit

     

    During the time of Noah, the flood lasted for forty days and forty nights.

     

    "And the great flood occurred for forty days upon the earth." - Genesis 7:17


    Jesus fasted for forty days.

     

    "And when he had fasted for forty days and forty nights, afterwards he was hungry." - Matthew 4:2


    The number 40 is mentioned several times in the Bible. According to biblestudy.org, the number 40 generally symbolizes a period of testing, trial, or probation.

     

    This means that if you are building a new habit or learning new things, it takes at least 40 days to get the hang of it. And around 66 days to make the habit automatic (healthline.com).

     

     

     

    The Pitfalls of Having Debts

     

    "The rich rules over the poor, and the borrower is the slave of the lender." - Proverbs 22:7


    The Bible mentions debt countless times. And every passage is clear with its message, avoid debt at all times.

     

    But given that we are not always financially stable, we sometimes take into debt, especially during emergencies.

     

    Now, is it a sin to have debts? The answer is no. There is no passage in the Bible about this. However, not paying your debts is a different matter.

     

    "Therefore one must be in subjection, not only to avoid God's wrath but also for the sake of conscience.


    For because of this you also pay taxes, for the authorities are ministers of God, attending to this very thing.



    Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed. Owe no one anything, except to love each other, for the one who loves another has fulfilled the law." - Romans 13:5-8

     

     

     

    The Fruits of Working Hard

     

    Even if you are born into a well-off family, chances are, you still need to do the intended work to maintain the level of your wealth.

     

    Your perception of hard work will be different compared to a person that is not financially blessed. But the point still stands that you need to work if you want to achieve something in your life.

     

    "In all toil there is profit, but mere talk tends only to poverty." - Proverbs 14:23


    "For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat.


    For we hear that some among you walk in idleness, not busy at work, but busybodies. Now such persons we command and encourage in the Lord Jesus Christ to do their work quietly and to earn their own living." - 2 Thessalonians 3:10-12

     

     

     

    Investing and Multiple Income Sources

     

    It is safe to say that it will take a while (or even impossible) to reach financial freedom if you are only dependent on a single income source.

     

    Conventional wisdom says that you need multiple income streams. Be it an active or passive profit. The Bible is no exception.

     

    "She considers a field and buys it; with the fruit of her hands she plants a vineyard." - Proverbs 31:16


    "She makes linen garments and sells them; she delivers sashes to the merchant." - Proverbs 31:24

     

     

     

    Building Your Emergency Fund

     

    This is one of the important steps in your financial journey. The Bible did not fail to mention the importance of having an emergency fund.

     

    "Give a portion to seven, or even to eight, for you know not what disaster may happen on earth." - Ecclesiastes 11:2

     

     

     

    The Art of Giving

     

    Most if not all multimillionaires are also a philanthropist.

     

    Why? Because they understood the law of the universe, which is the law of attraction.

     

    It is more blessed to give than to receive.

     

    "The point is this: whoever sows sparingly will also reap sparingly, and whoever sows bountifully will also reap bountifully.


    Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver.


    And God is able to make all grace abound to you, so that having all sufficiency in all things at all times, you may abound in every good work." - 2 Corinthians 9:6-8

     

     

     

    The Power of Belief and Prayer

     

    Everything that is happening in your life, be it positive or negative, manifests first inside you. That is the power of belief.

     

    Countless studies have proven that mind-setting is the first crucial step when embarking on a goal.

     

    "Therefore I tell you, whatever you ask in prayer, believe that you have received it, and it will be yours." - Mark 11:24

     

     

     

    Closing Thoughts

     

    "You learn to speak by speaking, to study by studying, to run by running, to work by working, and just so, you learn to love by loving. All those who think to learn in any other way deceive themselves." - St. Francis de Sales

     

     

     

    What you should do today

     

    Do you have a favorite bible verse that helped anchor your financial journey? Share your perspective by commenting below.

     

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    Quote

     

    "Fasting cleanses the soul, raises the mind, subjects one’s flesh to the spirit, renders the heart contrite and humble, scatters the clouds of concupiscence, quenches the fire of lust, kindles the true light of chastity."
    - St. Thomas Aquinas
     
     
     
    - The Introvert's Perspective by ÆlfRæd (ElfCounsel)
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