Have you ever wondered, “What does the bible say about money management?” Well, God’s word has much to say about money and how we are expected to manage it.
It’s been awhile ago now, but it was either author Howard Dayton or Larry Burkett who searched the bible cover-to-cover and made note of every scripture that addressed money and wealth. The result was astonishing: 2350 verses are written about this topic!
Perhaps the most important theme of money management in the bible is that God owns everything, even the money currently in our possession. We are simply to manage it wisely for Him, for His glory. We are “stewards” of His money. Can He trust you to manage it well?
Many families today struggle with money management. The term “budget” is a bad word. They’ve been taught to follow their heart and do whatever makes them happy, but that thinking is contrary to the word of God. Jeremiah 17:9 tells us “the heart is deceitful above all things” and Proverbs 4:23 tells us to “keep your heart with all vigilance.”
A biblical approach to money management can bring peace, joy, and prosperity to your life and home. Below is a list of verses you can use to get started as you study what the bible has to say.
What does the bible say about money management?
Getting out of debt
- We are encouraged not to be in debt, Romans 13:8
- Debt compared to slavery, Proverbs 22:7
- Commanded not to be slaves of others, 1 Corinthians 7:23
- Examples of hardship of debt, 1 Samuel 22:1-2 2 / Kings 4:1 / Nehemiah 5:1-5 / Psalm 109:11 / Isaiah 50:1
- Being debt-free was to be desired, Jeremiah 15:10
- Debt was considered a curse, Deuteronomy 28:15, 43-45
- Being debt-free was considered a blessing, Deuteronomy 15:4-6 / Deuteronomy 28:1-2, 12
Investing and saving
- Providing for your family, 1 Timothy 5:8
- Leaving an inheritance, Proverbs 13:22 / Proverbs 19:14 / Isaiah 38:1 2 / Corinthians 12:14
- Examples of leaving an inheritance, Genesis 15:2-4 / Genesis 24:35-36 / Genesis 25:5 / Genesis 31:14-16 / Genesis 48:21-22 / Joshua 24:32 / Ruth 4:5-10 / 2 Chronicles 21:3 / Ecclesiastes 5:13-14 / Ecclesiastes 7:11
- A blessing of godly obedience was the ability to leave and receive an inheritance, 1 Chronicles 28:8 / Ezra 9:12 / Psalm 25:12-13 / Proverbs 17:2
- Do not be hasty, Proverbs 21:5 / Proverbs 28:20 / Proverbs 28:22
- Planning and order encouraged, Proverbs 20:18 / Proverbs 21:5 / Proverbs 24:3-4 / 1 Corinthians 14:40 / 1 Corinthians 14:33
Wealth and possessions
- We take nothing with us when we die, Psalm 49:16-20 / Ecclesiastes 5:13-15 / 1 Timothy 6:7 / Psalm 39:6
- All possessions are nothing compared to knowing Jesus, Philippians 3:7-8
- Much required from those who have been given much, Luke 12:48
- Righteous will be rewarded with prosperity, Proverbs 13:21 / Proverbs 15:6
- Things that keep people from wealth, Proverbs 21:17 / Proverbs 22:16
This is just a short compilation of verses… there are many more found throughout scripture!
If you would like to follow a systematic approach to managing your money for the glory of God, I highly recommend either Dave Ramsey’s Total Money Makeover or Howard Dayton’s Your Money Map. Both provide a realistic plan for changing your perspective about money and learning the “how-to” part of getting your finances in order.
You might even want to use these printable bible verse cards about money and contentment.
Go in grace today,