The Basics Of Biblical Finance

Posted on June 15, 2011 by Tonia

Money Matters
with guest speaker Dave Ramsey

The Basics Of Biblical Finance

  • Get out of debt
    Debt = Risk
    100% of foreclosures occur on homes that have a mortgage
    It’s hard to serve two masters

“The rich rule over the poor, and the borrower is the slave of the lender.”  Proverbs 22:7

  • Act your wage
    You need to learn to live on less than you make.
    Godliness with contentment is great gain

“A foolish man devours all he has.”  Proverbs 21:20

  • Get on a budget
    Parable of the talents
    If you can’t handle a little bit of money, God will not bless you with more.

“For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it?” Luke 14:20

  • Save and Invest
    Save for an emergency fund.
    Save up and pay cash for things.
    McDonald’s did focus group studies, and they found that with credit cards, you spend 47% more at McDonalds than if you pay with cash.

“In the house of the wise are stores of choice food and oil.” Proverbs 21:20

  • Give

“Bring all tithes into the storehouse, that there may be food in My house.”
Malachi 3:10

Live like no one else, so that later you can live like no one else.

About Tonia

Hi! My name is Tonia. I'm happily married with three great kids - two preschoolers and a teen! With a previous career in software sales, I thrived in my career as a working mom until the birth of my third child. I'm now on a journey to discover how to be content as an "@ home" mom. I've been inspired to become the best wife and mom I can be, where ever that role takes me. I'm eager to try new things, looking for greatness, longing for contentment.
This entry was posted in Personal Finance, Uncategorized. Bookmark the permalink.

One Response to The Basics Of Biblical Finance

  1. Ryan says:
    June 15, 2011 at 10:27 am

    He had a couple of really good analogies that really hit home for me. He said “If you were the money manager for a corporation called ‘You Inc.’ would you fire yourself”. Really made me think about the decisions I make with money. The other analogy was if you were gonna build a 4 million dollar house and the developer shows up with a pencil drawing on the back of a paper bag as his plan, you’d find someone else. In the course of your lifetime you will probably earn at least 4 million, is your plan any better?