Biblical Money Management
The Bible is the best Book to teach us financial stress management since it contains numerous examples of men and women who solved their financial problems and prospered financially with God’s help or through His prophets like Elijah and the Zarephath widow in the first book of Kings.
The Bible is also an excellent source for Christian personal finance principles since it is full of prosperous men and women like Abraham, Isaac, Jacob, Solomon and the Proverbs 31 woman. These money management principles that we can learn from the Bible include:
1. Ask for God’s Blessing
The first principle of Biblical prosperity is to pray and ask for God’s blessing.
In the book of Genesis we see that Jacob asked God to bless him and God blessed him. We also see that as he was asking God to bless him, he was not a poor man by any standards since that evening he had prepared a present for his estranged brother Esau and this present consisted of 200 female goats, 20 male goats, 200 ewes, 20 rams, 30 milk camels with their colts, 40 cows, 10 bulls, 20 female donkeys and 10 foals. (Genesis 32)
Therefore, ask God to bless you and to bless all the work of your hands because God has pleasure in the prosperity of His servants. (Psalm 35:27)
As you pray, use Bible verses since the Word of God is the Sword of the Spirit. (Ephesians 6:17) Scriptures that you can use spiritual warfare prayers to pray for your financial blessings include:
1. Father God I ask You in the name of Jesus to bless me indeed and expand my territory. (Adapted 1 Chronicles 4:10) You can also update it to the 21st century and pray, Oh that You would bless my blog indeed and enlarge my online empire.
2. Save me now, O Lord I pray. O Lord, I pray, send me now financial prosperity. (Adapted Psalm 118:25)
3. Heavenly Father I ask You in the name of Jesus to grant me plenty of goods in the fruit of my body, in the increase of my livestock, in the produce of my ground and businesses. (Adapted Deuteronomy 28:11) Alternatively, you can paraphrase it to the 21st century and pray, Heavenly Father I ask You in the name of Jesus to grant me plenty of children, increase my stock portfolio and increase the income from my online businesses.
4. Heavenly Father I ask You in the name of Jesus to bless me so that my offline stores, websites and blogs may be full, supplying all kinds of products and services. Bless me so that my products and services may bring forth thousands and ten thousands of dollars. Bless me so that my mind may be well laden with money making ideas. Bless me so that there may be no breaking into my offline store, hacking into my websites or plagiarizing of my original content. (Adapted Psalm 144:13-14)
5. May You Lord command the blessing on me in my offline stores, my webstores and in all to which I set my hand. (Adapted Deuteronomy 28:8)
6. Let Your work appear to Your servant (insert your name), and Your glory to my children. And let the beauty of the Lord my God be upon me and establish the work of my hands for me; Yes, establish the work of my hands for me. (Adapted Psalm 90:16-17)
7. Heavenly Father I ask You in the name of Jesus to remember me with the favor You have toward Your people and to visit me with Your salvation so that I may see the benefit of Your chosen ones, rejoice in the gladness of Your nation and glory with Your inheritance. (Adapted Psalm 106:4-5)
2. Obey God
The second principle of Biblical prosperity is to obey God.
In the book of Genesis, we see that there was a famine in Gerar and God appeared to Isaac and told him not to go to Egypt to escape the famine. Isaac obeyed God and sowed in famine stricken Gerar. As a result of his obedience, God blessed him and he reaped a hundredfold profit on his investment that one year. (Genesis 26:2-14)
Another example of obeying God and reaping abundantly is found in the book of Mark where Simon and his partners had not caught any fish during the night but he obeyed when Jesus advised him to go fishing during the day in the deep waters for he said, “Lord, we have worked hard all night and did not catch anything. But because You say so, I will lower the nets.” (Luke 5:5)
As a result of his obedience, Simon caught so much fish that his nets begun to tear. He then called his partners but the catch was so huge that even their boats begun to get overwhelmed.
Therefore, regardless of the typed of business you may be engaged in, obey God even when His advice does not make sense to your natural human mind. Seek His guidance and then obey His directives completely because He can bless your efforts mightily and ensure that you get a miraculous hundred percent return on your investment even in a famine or recession year. He can also ensure that your catch is so great that your online orders threaten to crash your website.
3. Heed The Commandments
The third principle of Biblical prosperity is to heed God’s commandments.
Deuteronomy 28:1-14 tells that It shall come to pass that if you obey God and carefully observe all His commandments … all these blessings shall come upon you.
You shall be blessed in the city and blessed in the country.
The fruit of your body shall be blessed, the produce of your ground and the increase of your herds …
Your basket and your kneading bowl shall be blessed …
The Lord will command a blessing on your stores and in all to which you set your hand …
And the Lord will grant you plenty of goods …
The Lord will open to you His good treasure, the heavens, to give rain to your land in its season, and to bless all the work of your hand.
You shall lend to many nations but you shall not borrow.
4. Get Rid of Baal
The fourth principle of Biblical prosperity is to get rid of idols.
In the book of Judges, we see that Israelites were greatly impoverished by their enemies because When Israel had sown, the Midianites would come up together with the Amalekites and the people from the East. They would encamp against Israel and destroy their produce so that they neither left sustenance nor sheep nor ox nor donkeys for the Israelites. They would come up as numerous as locusts and enter the land to destroy it. As a result, Israel was greatly impoverished. (Judges 6:3-6)
When the Israelites cried out to God, He raised Gideon to deliver them.
The first thing that God asked Gideon to do was to Tear down the altar of Baal that your father has and cut down the wooden image beside it and build an altar to the Lord your God on that rock. (Judges 6:25-26)
Gideon then took ten men who were his servants and did as the Lord had said. But because he feared his father’s household and the men of his city, he did it by night. (Judges 6:27)
Therefore, if you want God to move mightily in your situation and change your circumstances, understand that you first have to destroy any idols and altars to false gods that have been erected in your home.
Destroy them even if you are afraid and then replace them with an altar to the one true God.
5. Use Your Talents To Do Business
The fifth principle of Biblical prosperity is to use your talents to do business.
From the book of Luke we learn about the noble man who gave his servants talents before he went on a journey and told them to “Do business”. Upon his return, he asked them to account for their talents and he rewarded the first servant who had made a tenfold profit from his one talent with ten cities. (Luke 19:12-24)
Therefore, identify your talents and use them to “Do business”. For example if you can sing, offer your singing services to birthday parties and you will find as you “Do business” with your singing talent, God can bless you with ten other sources of income from that one talent.
These new sources of income that might come from doing business with your single singing talent might include:
1. Being paid to sing in Christian crusades
2. Being paid royalties by radio stations playing your music
3. Being paid royalties by mobile phone ring tone companies
4. Owning your music recording studio
5. Owning music distribution companies
6. Starting your own music school for children
7. Tutoring instrumentalists
8. Training upcoming musicians
9. Adjudicating in singing competitions
10. Endorsing products.
6. Work Your Plan
The sixth principle of Biblical prosperity is working your plan.
The Bible tells us that The plans of the diligent lead to plenty while those of the hasty, lead to poverty. (Proverbs 21:5)
It also reassures as that The soul of the diligent shall be made rich. (Proverbs 13:4)
Therefore, after identifying which of your talents you are going to utilize to make money, develop a plan of action after brainstorming even if you are solo spiritually brainstorming with the Holy Spirit.
Do not develop a rash plan of action. Instead give it much thought and prayer and then once you have developed it, work your plan diligently.
If you are not sure of what to do, start a free blog since everyone knows something about something. You can write about whatever you know (career, hobbies, books you have read, movies you have watched, foods you have cooked) or what you are experiencing (health challenges, relationship problems, financial deficits).
After you have chosen your topic, following these steps to increase the chances of your blog becoming successful:
a. Pray for a Successful Blog
If you want your blog to become successful, you have to pray for it. Scriptures that you can use to pray for your blog include:
1. May my blog be full of posts supplying all kinds of information.
May my eBooks bring forth thousands and ten thousands of dollars into my accounts.
May my affiliate accounts be well laden;
May there be no hacking into my site or plagiarizing my content.
May there be no spamming of my site. (Adapted from Psalm 144:13-14)
2. Heavenly Father in the name of Jesus, please Command the blessing on my blog and in all to which I set my hand. (Adapted from Deuteronomy 28:8)
3. Oh that You would bless my blog indeed and enlarge my online territory by increasing the traffic to my site. (Adapted from 1 Chronicles 4:10)
b. Picture Your Successful Blog
After praying, the next step in setting up a blog is to visualize. Therefore:
1. Visualize the number of visitors you want to visit your blog each day.
2. Visualize the number of subscribers via RSS and email that you want your blog to have.
3. Visualize the Google PageRank and Technorati ranking you want your blog to reach.
Then write down your vision for your blog since this helps you streamline the steps you need to take to achieve those vision goals. Write down your vision both in words and in pictures by creating a vision board.
c. Produce for a Successful Blog
The next step is to produce posts for your blog. Focus on creating great content and do not worry about things like your writing style. Be diligent and learn from the 21st century psalmist blogger who says:
I surfed the blog of a lazy blogger, and the website of a site builder devoid of understanding.
And there it was, all overgrown with pop ups and flash ads. Its surface was covered with spelling mistakes. Its links were all broken down.
When I saw it, I considered it well; I looked on it and received instruction: A little sleep, a little slumber, a little folding of the hands to rest and so shall your poverty come like a stalker, and your need like an armed robber.(Adapted from Proverbs 24:30-34)
Therefore unfold your hands and stretch them towards your keyboard. Tap the keys and type the articles you will post on your blog keeping in mind that content is king while format is queen.
Create posts that provide value for the time that your readers will spend reading them. Then format them so that they are beautiful and easy to read by utilizing subheadings, numbered lists and white space.
Sprinkle your article with the fertilizer of keywords to make it pop up on search engines and then run the spell check to uproot the errors. Post your posts on the web frequently so that search engines can spider your pages regularly. Then, Commit your works to the Lord, and your thoughts will be established. (Proverbs 16:3)
7. Rise Up Early
The seventh principle of Biblical prosperity is early rising.
Proverbs 20:13 advices us, Do not love sleep lest you come into poverty. Instead, open your eyes and you will be satisfied with bread.
The prosperous Proverbs 31 woman was also an early riser for the Bible says, She rises while it is still night. (Proverbs 31:15)
Therefore, make it a habit to rise up early each morning and begin working on your money making projects. If you are tempted to oversleep, remind yourself that with A little sleep, a little slumber and a little folding of the hands to rest, poverty shall come upon you like a prowler. (Proverbs 24:33-34)