Financial Planning: Wise Money Management

Good financial planning is a part of wise stewardship.  To be a truly effective steward, you must believe unequivocally that the money being managed is someone else's money- God's money.  Having this perspective gives a person the freedom to use finances as a tool to accomplish God's purposes, recognizing that no one comes into this world with any possessions, and no one will leave with anything (Eccl. 5:15).

God has entrusted each person with certain resources.  Money is something that God uses to test your ability to handle properly the other gifts He desires to give you (Luke 16:11).  One day He will ask for an accounting of how you managed the resources He has given you (Luke 19:11-26).  A wife who manages resources wisely is a blessing to her husband and family (Prov.31:27-28).

Remember:
Avoid an overly consumptive lifestyle.  The Bible teaches moderation in all things (1Cor.9:25).
Avoid debt (Prov.22:7; Rom.13:8).
Maintain a savings program (Prov.12:11).
Set long-term goals (Prov.13:22).

                                                                                                           ~The Woman's Study Bible~