Money management can be complex for many people to deal with. Because some people are bad at handling money, it can become a huge problem. And that’s why the Bible provides some solid advice on managing money effectively and avoiding mistakes when dealing with it. Let’s look at 31 Tested Bible verses about money management that will give you all the knowledge you need to keep your finances in order.
7 Biblical principles of money management.
- God’s blessings are for frugality and not for ostentation.
- God expects us to be wise with our money and time.
- Jesus taught us to give, even if we have nothing left to give (Luke 18:22).
- A merchant in the Bible was considered a sinner (Mark 10:19-20).
- God’s wisdom is more significant than ours (1 Corinthians 1:25-29), and he doesn’t want us to be foolish with our money (1 Timothy 6:6).
- Jesus had a lot of money but didn’t become rich or famous because of it (Matthew 6:24). Nor did he use his riches to buy people off or get rich through them (Matthew 20:1-16).
- We should be careful not to spend what we have in hand before we spend it (1 Timothy 6:6)
Bible verses about money management
Creating the most effective spending plan is the first step in effective money management. If you don’t have a budget to know where all your money goes, be careful enough to manage money and resources in your care properly. Fortunately, with some minor lifestyle changes and daily habits, it can be easy to manage your money even on a tight budget so that you’re able to reach your financial goals and live comfortably without unnecessary debt or stress. Here are some bible verses describing how to ensure proper money management.
Luke 16:9 – Diversification is critical.
And I say to you, make friends for yourselves by means of the wealth of unrighteousness, so that when it fails, they will receive you into the eternal dwellings.
Luke 16:9
Regarding money management, it is essential to remember that you should not put all of your eggs in one basket. Diversify your sources of income and make sure to have an emergency fund in case of tough times. Additionally, try to live below your means to save for the future. Lastly, always be mindful of your spending and track where your money is going. By following these tips, you can better manage your finances.
Genesis 13:2 – Don’t buy things you can’t afford.
Now Abram was very rich in livestock, in silver and in gold.
Genesis 13:2
2 Kings 12:4 – Make contributions.
Then Jehoash said to the priests, “All the money of the sacred things which is brought into the house of the Lord, in current money, both the money of each man’s assessment and all the money which any man’s heart prompts him to bring into the house of the Lord,
2 Kings 12:4
Any amount brought into the house of the Lord is meant for God’s work. They should not be converted for other uses. Doing this would be equivalent to cheating God. God has encouraged us to help those who are in need and contribute towards building his church if we have the power to do so irrespectively of any grievance.
Also, as priests over the house of the Lord, be content with the resources given to you for God’s work. There is no need to force or coerce members into giving more than they can afford as far as they give the little they have willingly because the Lord loves a cheerful giver.
Luke 16:10 – Be faithful with the little you have.
“He who is faithful in a very little thing is faithful also in much; and he who is unrighteous in a very little thing is unrighteous also in much.
Luke 16:10
When we are faithful in the little things we are given to handle, it means that if that little is tripled, we would still be able to take care of it. Being faithful in little helps to overcome fear despite any unpleasant circumstance because it would be easy always to find a way out.
When we are truly faithful in any finance or can manage our money, it shapes how we live and reflects in our life. It shows when one is loyal in their relationships with others and God. Being faithful makes one realize the need for salvation.
Luke 16:12 – That which is not your own.
And if you have not been faithful in the use of that which is another’s, who will give you that which is your own?
Luke 16:12
Reading through the previous verses, Jesus told a story to describe how one can be faithful in properly managing resources. He misspent his master’s money and asset behind his master by reducing the number of debts owed by his master’s clients so they could be hospitable to him.
However, his master commended him not because what he did was right but because he showed that he was faithful and did not use his master’s wealth for ulterior motives.
Acts 6:2 – The word of God has all the solutions to every challenge we may face.
So the twelve summoned the congregation of the disciples and said, “It is not desirable for us to neglect the word of God in order to serve tables.
Acts 6:2
In this scripture, the apostles taught that Jesus fulfilled the laws of God. As a result, he served God wholeheartedly and was able to heal the people and draw others closer to him.
The word of God has all the solutions to every challenge we may face; that is why he gave them to us in the first place. Therefore, we are not expected to neglect the word of God because of any earthly benefit we hope to receive.
Luke 16:3 – Be generous with your wealth.
The manager said to himself, ‘What shall I do, since my master is taking the management away from me? I am not strong enough to dig; I am ashamed to beg.
Luke 16:3
The Lord noticed that the Pharisees’ were motivated by money. Not just because they were lovers of money, but they also tried to justify themselves before men, which prompted him to tell this parable.
The rich man informed his servant that he would relieve him of his duties for not being able to manage his money and resources appropriately. Then, realizing he would lose his money, he made deals with those who owed his master in exchange for shelter when he was put out.
In the same way, Jesus is encouraging us to be generous with our wealth on earth to be able to gather up heavenly possessions.
2 Kings 12:15 – Be upright and genuine in all you do.
Moreover, they did not require an accounting from the men into whose hand they gave the money to pay to those who did the work, for they dealt faithfully.
2 Kings 12:15
The king’s attendants were not questioned when they were in charge of his money and accounts because they were righteous and upright. They used the money given to them judiciously and purchased exactly what they were told to buy, not looking out for their gain.
This means we should be genuine in our walk with God. We must be willing to act in honesty whenever we are given a task or have obligations to accomplish. This action naturally draws others close and builds lasting relationships through trust.
Luke 16:11 – True riches are not material.
Therefore if you have not been faithful in the use of unrighteous wealth, who will entrust the true riches to you?
Luke 16:11
In life, true riches signify spiritual blessings that cannot be measured with money and are material things. To be entrusted with value, one must show that one can take care of and handle what is to be given.
Jesus has told us not to lay up treasure for ourselves on earth where insects can destroy them and thieves can break in and steal. Instead of using money to indulge in pleasures, we should endeavor to be rich in good works by investing the riches God has entrusted us with to do good to others.
Proverbs 20:18 – Finances and Bussiness Plan.
Prepare plans by consultation, And make war by wise guidance.
Proverbs 20:18
Neglecting counsel should not be seen in believers. This is because it is essential to consult for guidance to avoid making preventable mistakes. One should not act rashly without considering if there is a legal cause for the actions and decisions to be taken.
Be slow to speak and observe your words because there is life and death in the power of the tongue. Say you are wealthy when things are tough, make plans, and seek out different ways you can improve your wealth against cold days.
Matthew 25:23 – Make the most of what you have been given.
His master said to him, ‘Well done, good and faithful slave. You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’
Matthew 25:23
This passage is a parable about a master who entrusts money to three of his servants. Two of the servants sought ways to ensure there was an increase so they could appreciate their master, but one of the servants did nothing to invest the money. Instead, he dug the ground and hid it, and the master was not happy.
We should use our talents, money, and gifts from God for his glory. Those who have managed to make the most of what they have been given will be entrusted with an increase due to faithfulness.
Some talents can be seen in the different capacities we serve God. In Eph 4, he has given us different gifts by appointing some to be apostles and others to Prophets, evangelists, and preachers.
Bible verses talks about money.
Matthew 6:24
“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.”
Matthew 6:24
This verse is warning us against idolizing money. Serving God and, at the same time, doing money is not possible because loyalties must be divided. We may tend to develop more affinity for one than the other.
One way to honor God with our money is through giving to our churches even when the funds feel tight as there is a conviction and the reason for giving is not carnal.
Hebrews 13:5
“Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”
Hebrews 13:5
We have been encouraged to keep loving, showing hospitality, remembering those in correctional homes, and staying away from the love of money. The evidence that we have been saved and are lovers of Christ should be seen in our lives if we walk by faith.
Do not love money; be satisfied with what you have because God can provide all we need for a life founded on faith.
1 Timothy 6:10
“For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.”
1 Timothy 6:10
When someone loves money, there is an idol behind that love which can cause them to sin to get more money. As a result, they are never satisfied and content with the money they already have due to greediness.
Be content in finding Joy in the little God has given to you. People can be pushed to their moral limits in the pursuit of money.
When we are content and grateful for the little we have because we are in Christ, we can reach out to others and extend a helping hand bringing the law of giving and receiving into action.
Proverbs 13:11
“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.”
Proverbs 13:11
Money is helpful because it can be used for essential purposes. However, wealth from get-rich schemes is usually quick to finish because they are not equipped with being able to manage the resources. This is because cheating and stealing to make money are against God’s laws and show how deceptive one can be.
With time they may desire more and be lured into spending more, hoping to win a more significant sum. And since the money was easily gotten, they do not attach value to it. But, on the other hand, wealth gained gradually from hard work steadily increases.
Luke 16:11
“If then you have not been faithful in the unrighteous wealth, who will entrust to you the true riches?”
Luke 16:11
This passage is realistic because no one would entrust an item to someone who had destroyed a thing before.
In the times when Jesus was with us, owners overcharged debtors, so it could be that the servant reduced the debts to the original debt. This is why the master was not angry but praised his actions.
Not only did the servant manage the debtors, but he was also able to build good relationships with the debtors because of his actions. Those who wisely manage money affairs are more likely to work their spiritual experiences.
Bible verses about growing money.
Please look through the Bible verses below related to growing money. The various poems are words of wisdom and may be helpful to you based on your needs or situation. I hope you find the verses helpful in some way.
Proverbs 11:24
There is one who scatters, and yet increases all the more,
And there is one who withholds what is justly due, and yet it results only in want.Proverbs 11:24
Even when we strive to work to make a living, we must look out for our relatives. Imagine making money so hard, yet the responsibilities keep increasing because others do not have the means to earn a living.
It would be more disheartening if, after all the stress and work, a family member squanders the entire family’s wealth or sells the family’s property for self-gain.
Instead of being concerned with just yourself, think of ways to impact and empower others to reduce the burden. It is the only way to be happy and create a secure environment because crimes would be reduced.
Ecclesiastes 5:11
When good things increase, those who consume them increase. So what is the advantage to their owners except to look on?
Ecclesiastes 5:11
This passage tells us to be careful when giving to God because it is useless to make sacrifices without having God in one’s life. If God has assigned man riches and wealth, he completes it with blessings and means that do not cause sorrow.
It is better to avoid making vows than to make vows and not fulfill them. Do not allow your mouth to lead you to sin just because you want to impress others.
Proverbs 14:4
Where no oxen are, the manger is clean,
But much revenue comes by the strength of the ox.Proverbs 14:4
Utilizing your efforts to achieve much more than what one person can is part of wisdom. For example, a farmer is investing in the means of much more lavish production if he can forgo himself and save money to buy an ox rather than doing all the work himself.
As a result, the farmer produces more than he consumes, which boosts his wealth and farm. The farmer deprives himself of momentary pleasures to save the required amount of money.
Wisdom enjoys investing and saving. Wealth created by invested capital will lead to more money and investment, producing even more wealth. Much of the increase is due to the ox’s strength.
Genesis 26:13
and the man became rich, and continued to grow richer until he became very wealthy;
Genesis 26:13
The Lord gave Jacob unique ideas and further prospered the works of his hands that he became very wealthy. As a result, Jacob became exceedingly prosperous and had male and female servants, large flocks, camels, and donkeys.
Whether you work for someone else or operate your own business, allow Jacob’s story to encourage you and give you insight into the ways of God. God rewards faithfulness and permits you to look out for your and your family’s interests. Though Jacob accumulated great wealth working with Laban, the time came for them to part ways and for Jacob to put his immediate family’s interests first.
Genesis 30:30
For you had little before I came and it has increased to a multitude, and the Lord has blessed you wherever I turned. But now, when shall I provide for my own household also?”
Genesis 30:30
Jacob was a wealthy businessman. He had experience working with sheep through his Uncle Laban. His grandfather, Abraham, also made his money through the sheep and cattle business.
After Jacob completed his service to his uncle, he requested permission from his uncle to leave and go back to his country and make provisions for his household. However, his uncle refuses to let Jacob go because he saw that his business had increased tremendously in revenue since Jacob had worked for him.
He, therefore, requested that Jacob name his wages to make him stay, but Jacob asked for an exchange of money or work for a percentage of shares in the business. This approach increased Jacob’s risk and his chances of becoming wealthy. However, he understood his value and recognized that no amount of money offered by Laban could have been enough to pay him what he was worth since he was the one with the expertise.
Bible verses about money and business.
This list includes Bible verses about money and business. Money is how nearly everything in life is accomplished. So we need to understand its purpose, properly store and manage it, and learn how to use it for God’s glory on earth. Here are a few Bible verses about money & business to help you think through these critical issues.
1 Timothy 6:10
For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
1 Timothy 6:10
This verse in timothy is one of the verses that explain the length of destruction that could be caused by money. Money can be used for good as well as for ill uses. Lusting after money and wealth is what this passage is trying to explain.
Do not forget that we came to the world without anything and would leave the same way when we die. We should pay attention and heed these warnings. Then, as children of God, we have an assurance that we have someone who is Jehovah Jireh, the one who provides for all our needs.
Acts 20:35
In all things I have shown you that by working hard in this way we must help the weak and remember the words of the Lord Jesus, how he himself said, ‘It is more blessed to give than to receive.’”
Acts 20:35
You will indeed get more money and blessings from giving than from receiving. We give back to God what is his so that through our gifts, the love of God can be evident in our environment. It also reminds us of God’s love towards us through his son.
There are no known benefits of refusing to give. Benefits of giving include happiness, good health, gratitude, and more blessings.
1 Timothy 6:9
But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction.
1 Timothy 6:9
The desire to be rich lies in what is in one’s heart. Money has led some people astray from their faith through greediness. Some think with money; they can buy all the happiness they need.
Be contented by finding joy in what God has blessed you with. But unfortunately, some may go to extra lengths to gain what they desire by doing terrible things just for financial gain. Sometimes this greed can be caused by economic problems in society.
Luke 12:33
Sell your possessions, and give to the needy. Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail, where no thief approaches and no moth destroys.
Luke 12:33
This passage shows the foolishness of attaching too much importance to wealth. We are responsible for the gifts that God has blessed us with, be it time, talents, wealth, knowledge, and the like.
It is expected that since we have been blessed, we should also touch the lives of others by also being a blessing to them.
The question is, “are you building up earthly treasures, or are your treasures stored in heaven”? “What are you living for”?
Matthew 6:24
“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.
Matthew 6:24
Jesus knew that even as believers, we might be faced with temptations through money. Money is a tool the devil uses to pull us away from our relationship with God.
He also said that seeking the praises of men reduces our value in his eyes, but when we carry out charitable deeds in secret, he will reward us openly.
We may also face temptations to be like those in the world—the temptation to find security in the things of life instead of our relationship with Christ.
Bible verses about struggling with money.
Most people struggle with money issues in their lives. And it can cause a lot of stress. This is why we want to start sharing some Bible verses about working with money. These verses will inspire you and give you hope when times are rough.
Luke 6:38
Give, and it will be given to you: good measure, pressed down, shaken together, and running over will be put into your bosom. For with the same measure that you use, it will be measured back to you.
Luke 6:38
Giving stimulates God to bless us in return. God has encouraged us to give to experience abundance by emulating who he is and how he lived on earth. When he was with us, he fed the 5000, gave alms, and cared for the people.
We should not wait until we are coerced or compelled to give. Instead, decide in your heart because God loves a cheerful giver. Therefore, he always rewards us for every good work we do.
Jeremiah 17:7-8
Look at the birds of the air, for they neither sow nor reap nor gather into barns; yet your heavenly Father feeds them. Are you not of more value than they?
Jeremiah 17:7-8
Those who put their trust in God will be blessed just as the birds that do not have to work so hard to eat or cloth themselves. God provides what they eat and cloth with, even when they have no means of making money.
In life, God has entrusted us with the word of God to guide our daily activities. There is no need to trust in man’s promises because they will always fail. The heart is deceitful; many have been led astray by following their heart without trusting God’s truth.
Matthew 21:22
And whatever things you ask in prayer, believing, you will receive.
Matthew 21:22
You can receive whatever you ask for when you pray and back it up with faith. The kingdom of God is open to everyone, not only Christians, as far they commit their activities to his hand. Remember that Jesus did not come to save the righteous but the lost souls.
One of the ways to follow God’s plan for your life is by being committed to prayer. Take time every day and devote yourself to the Lord and his purpose for your life. When that happens, he will bless you and empower you with any substance your need to be able to accomplish the work, be it money or helpers.
Proverbs 10:22
The blessing of the Lord makes one rich, And He adds no sorrow with it.
Proverbs 10:22
Wealth is a blessing that God gives to his children. No one should ever believe that it is ok to be poor because they are children of God. Anyone who is diligent in their service to God will always find solutions and reap their blessings when it is time to harvest.
We should always acknowledge God as the source of abundance because he has always been providing for our needs. As a follower of Christ with strength, we are called to work for God, and we must carry out our duties wholeheartedly.
Proverbs 3:9-10
Honor the Lord with your possessions, And with the firstfruits of all your increase; So your barns will be filled with plenty, And your vats will overflow with new wine.
Proverbs 3:9-10
God has commanded us to give at least 10% of our income back to him as tithe; in return, he will increase us and bless us with an overflow of blessings.
We are to give God the best and first of everything, including our money, crops, fruits, and animals. This way, we appreciate him for who he is and what he has done for us.
We can also honor God with our time, eyes, and ears when we listen to the word of God, practice, and use our time to serve him.
