Balancing Belief and Budget_ Financial Wisdom from Scripture

What if your financial decisions could not only improve your life but also align perfectly with your faith? On this episode, we explore the rich intersection of faith and finance, with a deep dive into the wisdom found in biblical principles. From prioritizing God in our financial decisions, as emphasized in Proverbs 3:9-10 and Matthew 6:24, to embracing John Calvin's principles of thriftiness and Jonathan Edwards' teachings on saving, our discussion covers it all. We share practical advice inspired by scriptural references and the profound insights of theologians and modern thinkers like Tim Keller, helping you live within your means and experience the transformative power of generosity. 

Join us as we venture further into the essentials of Christian financial stewardship. Learn how to align your financial goals with God's mission, promote His kingdom through your choices, and embrace the importance of discipline and delayed gratification, supported by Hebrews 12:11. We highlight virtues such as gratitude, ethical practices, hard work, and prudence, all while seeking God's wisdom. With references from Colossians 3:17 to 1 Timothy 6:6-8, discover how financial freedom and simplicity can shape a life that honors God and makes a positive impact on the world. Let’s embark on this journey to transform our financial lives in accordance with our faith.

Chapters

• 0:00 Faith and Finance
• 8:00 Christian Financial Stewardship Essentials

Transcript

Speaker 0: 0:32

Hello, I'm your host, javier. Thank you for joining us. If this is your first time and if you're a returning listener, I appreciate your continued support. Today we will investigate the ways in which our faith in God and Scripture can show us a responsible approach to one's finances, as well as the ways in which the Scriptures offer vital guidance in this regard. Let's begin today's episode with a prayer. We are grateful to you, heavenly Father, for this time together, for the opportunity to come together and seek insight in your Word as we delve deeper into the issues of our faith and financial stewardship. We pray for your direction and clarity as we navigate this challenging terrain. Please lend us the ability to comprehend and implement your teachings in our day-to-day lives. May the presence of your Holy Spirit be with us as we address this matter today. In the name of Jesus, we pray Amen To get things started. Let's lay the groundwork by gaining knowledge of the biblical perspective on wealth and the management of financial resources.

Speaker 0: 1:29

The book of Proverbs contains one of the most frequently referenced passages from the Bible. According to the book of Proverbs, chapter 3, verses 9 to 10, it is said that Honor the Lord with your wealth and with the firstfruits of all your produce, then your barns will be filled with plenty and your vats will be bursting with wine. This text underlines how important it is to give God the highest priority when making decisions regarding our finances. It seems to imply that if we honor God with our riches, then he will benefit us in a great way. On the other hand, it is essential to emphasize that this is not a gospel of prosperity. It is possible that the blessing is not always monetary. It could be peace, joy or other spiritual rewards and blessings. One more verse that is significant is found in Matthew 6.24. This verse states 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. This verse highlights the conflict that exists between serving God and being enslaved to your wealth. It is a call to us to investigate the genuine loyalty that we belong to.

Speaker 0: 2:36

Now that we have established that, let us use the lens of faith to investigate the practical issues of being financially responsible. Living within our means is the first guideline that we should adopt, according to the advice given in Hebrews, chapter 13, verse 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. Contentment is a fundamental component of sound financial management. It makes it easier for us to fight off the temptation to overspend and get into debt. It was John Calvin who highlighted the importance of being thrifty. Extravagance and waste, in his view, were in direct opposition to the principles that underpin Christianity. We are able to more effectively distribute our resources to assist others and advance God's kingdom if we engage in the practice of frugality.

Speaker 0: 3:24

Let's discuss the significance of putting money aside. The line that can be found in the 21st chapter of the book of Proverbs states Precious treasure and oil are in a wise man's dwelling, but a foolish man devours them. This proverb emphasizes the significance of storing money and being ready for any future requirements that may arise, a spiritual discipline that displays wisdom and forethought. Saving is not merely a financial principle. It is also a principle of faith. Throughout his life, jonathan Edwards was a strong supporter of careful financial planning and meticulous saving. He was of the opinion that salvation makes it possible for Christians to be more equipped to deal with unanticipated events and to be more capable of supporting the work that the church does.

Speaker 0: 4:07

Another essential component of responsible financial management is the act of giving. In the 9th chapter of the book of 2 Corinthians, verses 6-7, we are reminded that the point is this Whoever sows sparingly will also reap sparingly, and whoever sows bountifully will also reap bountifully. Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver. Generosity is a reflection of the heart of God. This is a demonstration of our faith in His supply and our desire to benefit those around us. Simultaneously, tim Eller, a well-known speaker who is noted for his thoughts on faith and charity, places a strong emphasis on the transforming power of giving. He points out that not only does giving help those who are in need, but it also frees us from the shackles of consumerism and brings about the development of a compassionate heart.

Speaker 0: 4:58

An additional facet of financial management is the practice of making prudent investments. According to the advice given in Ecclesiastes, chapter 11, verse 2, give a portion to seven, or even to eight, for you know not what disaster may happen on earth. Diversifying investments is a philosophy that can be traced back to the time period of the Bible. It is important to exercise caution and avoid concentrating all of our resources in a single location, as this could result in a loss of those resources. Martin Luther underlined the significance of making prudent financial investments. He was of the opinion that Christians ought to make use of their resources in order to establish long-term streams of income that would enable them to provide for their families and communities.

Speaker 0: 5:41

It is impossible to avoid bringing up the subject of debt while talking about being responsible with one's finances. The seventh verse of the 22nd chapter of Proverbs cautions that the rich rule over the poor and the borrower is the slave of the lender. Debt has the potential to enslave us, restrict our freedom, and the borrower is the slave of the lender. Debt has the potential to enslave us, restrict our freedom and make it more difficult for us to serve God to the fullest extent possible. When dealing with debt, it is essential to exercise prudence and make every effort to live a debt-free life.

Speaker 0: 6:09

Cs Lewis frequently reflected on topics related to finance. In his works, he cautioned Christians about the perils of mounting debt and urged them to live a life that was uncomplicated and within their financial means. Let us think about the ways in which we might strike a balance between our Christian beliefs and our financial responsibilities. Initially, you should make a budget. In Luke, chapter 14, verse 28,. The Bible asks for which of are two of the most important elements in efficiently managing our funds when it came to budgeting, john Wesley was noted for his meticulousness. In his view, prudent management of financial resources was a means of paying homage to God and avoiding wastefulness. Seeking the advice of knowledgeable individuals is yet another practical approach. In the book of Proverbs, chapter 15, verse 22, it is said that without counsel, plans fail, but with many advisors they succeed. It is recommended that you surround yourself with intelligent and godly counsel who can provide guidance and accountability in matters pertaining to financing.

Speaker 0: 7:17

Having faith and being financially responsible require having faith in God at times of uncertainty. In Philippians, chapter 4, verses 6 to 7, we are encouraged to do not be anxious about anything, but in everything. By prayer and supplication with thanksgiving, let your requests be made known to God, and the peace of God, which surpasses all understanding, will guard your hearts and your minds in Christ Jesus. Trusting God helps us to feel less anxious and gives us the ability to make sound decisions regarding our finances without fear. Jl Packer discussed the tranquility that might be attained by having faith in God's authority. He gave people hope that God's provision is reliable and that they shouldn't worry about their desires for material possessions.

Speaker 0: 8:00

Let's take a moment to think about the ways in which our Christian faith might impact and direct the monetary objectives that we have for the future. One of the most important parts is ensuring that our financial objectives are in line with God's mission. In the book of Colossians, 3, verse 17, it is written and whatever you do in word or deed, do everything in the name of the Lord Jesus, giving thanks to God, the Father. Through him, this verse serves as a reminder that our financial goals ought to reflect our dedication to live for the glory of God the significance of making financial choices that are in accordance with God, as emphasized by John Piper. Additionally, he urges believers to think about how the decisions they make about their finances might help promote the kingdom of God and support the job that the church is doing.

Speaker 0: 8:46

In Hebrews 12.11, it is written that for the moment, all discipline seems painful rather than pleasant, but later it yields the peaceful fruit of righteousness to those who have been trained by it. The practice of delayed gratification entails making sacrifices in the present for the purpose of obtaining greater rewards in the future. This notion is essential for achieving financial success and is in keeping with the call to discipline that is found in the Bible. Jc Ryle, in his writings, has discussed the significance of discipline in the Christian life. He was of the opinion that the discipline of one's finances was an extension of one's spiritual discipline and was something that was necessary for leading a life that honored God. In addition to this, we need to work on developing an attitude of thankfulness. In the book of the 1 Thessalonians, 5, verse 18, we are instructed to give thanks in all circumstances, for this is the will of God in Christ Jesus for you. Being grateful enables us to appreciate what we already possess and lowers the temptation to spend money that is not essential. It causes us to shift our emphasis from the things that we do not have to the benefits that we do have. R Pink, in numerous occasions, discussed the transformational power of thankfulness. His belief was that a grateful heart was necessary for the development of one's spirituality and for achieving contentment. According to the 8th verse of the 6th chapter of Micah, he has told you, o man, what is good and what does the Lord require of you, but to do justice, to love, kindness and to walk humbly with your God.

Speaker 0: 10:16

Ethical financial practices involve being honest, having integrity and being fair in all of our dealings. As Christians, we have a responsibility to uphold these ideals in the way that we conduct our financial dealings. When contemplating how to put these ideas into practice, it is essential to keep in mind that the process of financial stewardship is a journey that lasts a lifetime. Continuous learning, self-discipline and faith in God are all necessary components. Let us make a commitment to enhancing our understanding of the biblical principles of finance and to faithfully applying what we have learned. In order to bring our conversation to a close, let us consider the words of Jesus that are found in Matthew, chapter 6, verses 19 to 21. He says Do not lay up for yourselves treasures on earth where moth and rust destroy and where thieves break in and steal. Instead, lay up for yourselves. The verse encourages us to concentrate on virtues that will last forever, rather than riches that are fleeting. The fact that our relationship with God and our dedication to His kingdom is where our genuine treasure lies is brought to our attention by this.

Speaker 0: 11:29

When it comes to financial stewardship, the role that hard work and dedication play is another important factor to keep in mind. In the book of Proverbs, 12, verse 11, it is said that Whoever works his land will have plenty of bread, but he who follows worthless pursuits lacks sense. The Bible places a great value on the values of hard work and diligence. When it comes to obtaining financial stability and success, they are absolutely necessary. Hard work was a characteristic that Charles Spurgeon frequently emphasized in his writings. He was of the opinion that honoring God and carrying out our responsibilities might be accomplished through hard labor.

Speaker 0: 12:07

With regard to our financial choices, let us also take into consideration the significance of exercising caution and prudence. It is said in the book of Proverbs, chapter 14, verse 15, that the simple believes everything, but the prudent gives thought to his steps. Prudence is characterized by thorough planning and contemplation of the repercussions that our actions will have. In order to prudently manage our resources, this principle is absolutely necessary as we traverse the difficulties of financial stewardship. It is essential that we keep in mind the idea of seeking God's wisdom in every decision that we make. James 1.5 provides us with the assurance that If any of you lacks wisdom, let him ask God, who gives generously to all without reproach, and it will be given him. It is necessary to seek God's wisdom through prayer and scripture, in order to make smart judgments regarding one's finances. Thomas Watson frequently penned articles that emphasized the significance of receiving God's advice. He had the belief that genuine wisdom is one that originates from God and is essential for leading a life that is worthy of Him.

Speaker 0: 13:12

Now let's have a look at the idea of financial freedom, which is defined as the state of being liberated from the shackles of debt and the strains of financial situation. The first line of the fifth chapter of Galatians says For freedom, christ has set us free. Stand firm, therefore, and do not submit again to a yoke of slavery. This enables us to live in peace and security, and it also enables us to serve God to a greater extent. The significance of having financial independence is a topic that Howard Dayton discusses frequently. According to him, obtaining financial independence enables Christians to live lives that are more giving and have a greater impact on the world.

Speaker 0: 13:50

In the process of working toward achieving financial independence, it is essential to keep in mind the idea of simplicity. In the sixth chapter of the book of 1 Timothy, verses 6 through 8, it is written that but godliness with contentment is great gain, for we brought nothing into the world and we cannot take anything out of the world, but if we have food and clothing, with these we will be content. Simplicity is the practice of concentrating on what is truly important and avoiding the pursuit of material possessions that are not necessary. Simplicity was a topic that Dallas Willard frequently discussed in his speeches. He had the belief that if we live a modest life, we are able to concentrate more on our relationship with God and less on the distractions that come from earthly things.

Speaker 0: 14:33

An additional notion that is of great significance is the idea of accountability. In the book of Hebrews, chapter 10, verse 24, it is written and let us consider how to stir up one another to love and good works. Accountability requires us to seek the assistance and direction of others while making decisions regarding our finances. It enables us to maintain our course and make decisions that are in our best interests. Jerry Bridges frequently wrote about the significance of being accountable for one's actions During our road toward financial independence. He was of the opinion that having accountability partners may give us with invaluable support and encouragement.

Speaker 0: 15:10

As a further manifestation of God's love, let us also take into consideration the idea of generosity, according to the 17th verse of the third chapter of the book of 1 John. But if anyone has the world's goods and sees his brother in need, yet closes his heart against him, how does God's love abide in him? Generosity is a strong expression of God's love and compassion. It gives us the opportunity to distribute our blessings to other people and to have a constructive effect on the world. While we are contemplating these concepts, it is essential to keep in mind that the concept of financial stewardship encompasses more than just the management of monetary resources. Rather, it is about honoring God in every facet of our lives.

Speaker 0: 15:50

The first verse of Romans, chapter 12, urges us I appeal to you therefore, brothers, by the mercies of God, to present your bodies as a living sacrifice, holy and acceptable to God, which is your spiritual worship. The choices we make regarding our finances are an essential component of our spiritual worship and our dedication to God. As we come to the end of this episode, let us take comfort in the words of Jesus, which are found in Luke, chapter 6, verse 38. He says Give, and in Luke, chapter 6, verse 38. He says Give and it will be given to you. Good measure, pressed down, shaken together and running over, will be put into your lap, for with the measure you use, it will be measured back to you. This verse serves to remind us of the abundant blessings that result from having a heart that is generous and trusting in God.

Speaker 0: 16:35

Let us conclude with a prayer. We are grateful to you, heavenly Father, for the insight and direction that you have supplied via the reading of your word. Assist us in putting these principles of financial stewardship into practice in our lives, so that we may glorify you with our resources and have faith in the provision that you have provided. We pray that we may be stewards of the blessings that you have bestowed upon us who are charitable, ethical and disciplined. In the name of Jesus, amen. Thank you for joining me today on the Crossroads Collective Podcast. Until next time, keep questioning, keep seeking, and may your faith journey be filled with discovery and growth. God bless.