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Life Lessons: Managing Money

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Life Lessons

Managing Money

by Gary Petty 5 comments Estimated reading time: 2 minutes
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Life Lessons: Managing Money

Money. Some say it's what makes the world go around. For many people the amount of money—and the things it can buy—is the measure of how successful they are in life.

No matter how much you get, there always seems to be a need for more. Learning how to manage money is one of the greatest challenges of life.

The book of Proverbs contains a number of important points on how to manage money.

Points to build on

Honor God with your possessions.

Proverbs 3:9-10: "Honor the Lord with your possessions, and with the first fruits of all your increase; so your barns will be filled with plenty, and your vats will overflow with new wine."

Plan for the future.

Proverbs 6:6-11: "Go to the ant, you sluggard! Consider her ways and be wise, which, having no captain, overseer or ruler, provides her supplies in the summer, and gathers her food in the harvest. How long will you slumber, O sluggard? When will you rise from your sleep? A little sleep, a little slumber, a little folding of the hands to sleep—so shall your poverty come on you like a prowler, and your need like an armed man."

Generosity produces more happiness than stinginess.

Proverbs 11:24-26: "There is one who scatters, yet increases more; and there is one who withholds more than is right, but it leads to poverty. The generous soul will be made rich, and he who waters will also be watered himself. The people will curse him who withholds grain, but blessing will be on the head of him who sells it."

Real wealth lies in who we are, not in what you own.

Be careful about co-signing for others' debts.

Proverbs 22:26-27: "Do not be one of those who shakes hands in a pledge, one of those who is surety for debts; if you have nothing with which to pay, why should he take away your bed from under you?"

Be careful about borrowing money.

Proverbs 22:7: "The rich rules over the poor, and the borrower is servant to the lender."

Application

There are many proverbs about managing money and the proper approach to wealth. The book of Proverbs teaches that wealth itself isn't evil, but the accumulation of wealth without living according to God's purpose is meaningless.

skillful in life Proverbs Managing money Life Lessons

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Comments

  • Pr. RANGLAL MEENA
    RANGLAL MEENA

    Three Little Words
    If someone mentioned the phrase "three little words" what would your mind conjure up? So many of the most significant messages that people deliver to one another often come in just three words. When spoken or conveyed, those statements have the power to forge new friendships, deepen old ones and restore relationships that have cooled. The following three word phrases can enrich every relationship every bit as much as the most obvious one.

    I am here. Being there for another person is the greatest gift we can give. When we are truly presient for other people, important things happen to them and to us. We are renewed in love and friendship. We are restored emotionally and spiritually.

    I miss you. Perhaps more friendships could be salvaged and strengthened if people simply and sincerely said to each other, "I miss you." This powerful affirmation tells others that they are wanted, needed, desired and loved.

    I respect you. Respect is another way of showing love. Respect conveys the feeling that another person is a true equal. It is a powerful way to affirm the importance of a relationship.

    You are right. This phrase is highly effective in diffusing an argument and restoring frayed emotions and, of course, the flipside of "you are right" is the humility of admitting "I am wrong."

    Please forgive me. Many broken relationships could be restored and healed if people would admit their mistakes and ask for forgiveness. All of us are vulnerable to faults and failures. A person should never be ashamed to own up that they have been in the wrong, which is saying in other words that they are wiser today than they were yesterday.

    I thank you. Gratitude is an exquisite form of courtesy. People who enjoy the companionship of good, close friends are those who don't take daily courtesies for granted. They are quick to thank their friends for their many expressions of kindness. On the other hand, people whose circle of friends is constricted often do not have attitude.

    Count on me. "A friend is one who walks in when others walk out." Loyalty is an essential ingredient for true friendship; it is the emotional glue that bonds people. When troubles come, a good friend is there saying "you can count on me."

    Let me help. The best of friends see a need and try to fill it. When they spot a hurt they do what they can to heal it. Without being asked they pitch in

  • Pr. RANGLAL MEENA
    RANGLAL MEENA

    hallo that great encouragment to us, and please keep on it, may God bless you.

  • ijwats
    ijwats

    correct, to have the money u need to live and admit to yourself where and how badly you spend and how freely, really stinks. im thankful to have found my first fan. but also, to think its possible you might have a large amount of money, not for yourself, but to do things that might make a change would be really great. and to prove to the people who think your a " loser " that your really not, that would be enough to live peacefully. to be remembered for doing something good is usually the goal right? u know and i know a man can still be the change he wants to see in the world, if he still has a secret or 2. that's is where GOD comes in i think. i'm wrong all the time tho, i'm use to it.

  • dziwczyna
    Nadine

    Tithing has been a huge blessing to me, as it has taught me how to manage and budget my money better. Before, it was too easy to spend money (it's always the little things that add up) when I could have saved more.

  • vielgervise
    Victoria Elizab...

    Great! Thank you for another wonderful advice, Mr.Petty. Have a good day! :)

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