The more I study Scripture, the more I realize this truth…
Here are some key take-aways about money that I’m learning from the Bible.
Feel free to add to this list by leaving a comment below.
16 Powerful Biblical Money Truths
God gives us the ability to produce wealth.
Deuteronomy 18:8 (NIV) - But remember the Lord your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today.
When it comes to building wealth, there is no substitute for hard work.
Proverbs 10:4 (NIV) – Lazy hands make for poverty, but diligent hands bring wealth.
Guard your heart against greed. Security is not found in material possessions.
Luke 12:15 (NIV) – Then he said to them, “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.”
Money management has eternal implications.
Luke 16:11 (NIV) – So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?
Leaving an inheritance for our children is Biblical and wise.
Proverbs 13:22 (NIV) – A good person leaves an inheritance for their children’s children, but a sinner’s wealth is stored up for the righteous.
Nowhere in Scripture is debt used to further the kingdom of God. Make debt-free living a priority.
Proverbs 22:7 (NIV) – The rich rule over the poor, and the borrower is slave to the lender.
Always give thanks to God for you are rich.
Jeremiah 9:23-24 (NIV) – “Let not the wise boast of their wisdom or the strong boast of their strength or the rich boast of their riches, but let the one who boasts boast about this: that they have the understanding to know me, that I am the Lord, who exercises kindness, justice and righteousness on earth, for in these I delight,” declares the Lord.
Money is a tool. It’s amoral. But when we love money above God, it quickly becomes destructive.
1 Timothy 6:10 (NIV) - For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
Giving is the only place in the Bible where God openly invites us to “test Him.” Generosity opens doors of provision.
Malachi 3:10 (NIV) – Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the LordAlmighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.
God is the owner of it all.
Psalm 24:1 (NIV) – The earth is the Lord’s, and everything in it, the world, and all who live in it.
Trust in God, not in money.
Matthew 6:33 (NIV) – But seek first his kingdom and his righteousness, and all these things will be given to you as well.
Budgeting is a Biblical principal. You must always count the cost.
Luke 14:28 (NIV) – Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?
True wealth comes from being content.
Hebrews 13:5 (NIV) – Keep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you.”
The wise always build financial margin, but a fool spends everything he makes.
Proverbs 21:20 (NLT) – The wise have wealth and luxury, but fools spend whatever they get.
Never cosign on a loan…not even for a family member.
Proverbs 6:1,3 (NLT) – My child, if you have put up security for a friend’s debt or agreed to guarantee the debt of a stranger…follow my advice and save yourself for you have placed yourself at your friend’s mercy. Now swallow your pride; go and beg to have your name erased.
And most importantly, everything in this world is completely worthless compared to the gift of salvation we have in Christ.
Philippians 3:8 (NLT) – Paul speaking: Yes, everything else is worthless when compared with the infinite value of knowing Christ Jesus my Lord. For his sake I have discarded everything else, counting it all as garbage, so that I could gain Christ.