Principles of Christian Money Management

Pastor Pat Christian Living, Money

coins

Every Saturday, I get together with a small group from our church, Calvary Fellowship, and watch a DVD teaching on the subject of financial stewardship. We have selected several DVD’s of different teachers. (In a later post, I will talk about how we decided which DVD’s to choose.)

This last Saturday we watched a message given at Calvary Chapel Fort Lauderdale by Mark Davis, who, at the time he gave this message, with the executive pastor. (Now Mark is the president of Atlantic Christian Academy in West Palm Beach, Florida.)

Here are my notes from that message. I hope it is a blessing to you. (You can listen to it here, if you like.)

Prayer

* Pray for godly wisdom, protection and opportunities regarding our money management.
* We need to pray for God’s wisdom and His plan for our finances.

Preparation

* The word of God has thousands of verses on stewardship and finances.
* Seek Godly counsel.
* There is always room to grow.
* Spending a $100.00 of books and other resources on this topic can save you thousands of dollars.

Principles

* 15 percent of bible is about money
* Basic principles in the Bible include:

* Stewardship
* Be faithful in small things and you will be put over more.
* “To whom much is given much is required”

Planning
* We need a balance sheet and a statement of activity.
* ex: A photographer and videographer at a wedding capture the same event but tell two different stories. One is a balance sheet one is a statement of activity.
* This forms the basis of some projections for the future

Practices

* Defined: What you do with what you have based on what you know and who you know

1. Earning: The parable of the talents says nothing about giving and everything about management.
2. Giving
3. Spending: We must understands needs vs. wants. Covetousness can cause us to sin. “Consumer” = devour.
4. Saving: Before you do anything, have an emergency fund.
5. Investing: We invest not so we can live lavishly, but for giving and transferring. Be diversified, it is a Biblical concept. Be patient: put away a small amount every month. Have a long term view.
6. Evaluating: There has to be a component of accountability. Review the plans and process.
7. Transferring: What will happen after I die? Most people die with debt. Make a plan. Leave a legacy. have a will.

Was this helpful to you?