Faith & Finances; How does Christian faith fit into money management?

How does Christian faith fit into money management?

“the earth is the Lord’s and everything in it, the world, and all who live in it”
Psalm 24:1

Everything is God’s, including our money. It falls under the category of ‘everything’, and it all belongs to Him. I believe the first step to aligning our money management with our faith is to release that ownership back to Him at an emotional and spiritual level, which is probably a moment by moment decision for most of us.

Our names are on bank and investment account statements because we are the managers of the money in those accounts, not the owner. God has given this money to us to manage…for Him!

As Christians, when we talk about money we often use the word ‘stewardship’. My personal definition of stewardship is, “the use of God-given resources for the accomplishment of God-given desires, goals, and objectives”. In other words, it's the use of 'His stuff for His purposes!'

Four Elements Of Stewardship

If we are to align the stewardship of our finances with our Christian faith, our faith convictions need to direct our decisions and actions in each of these four areas.

Earning Money

Do you have an understanding of what your personal calling is, and are you applying that calling to how and where you earn your income? Does what you do for income provide significant meaning beyond the income it provides?

Spending Money

Do you live a controlled lifestyle, spending intentionally and with purpose? Are you thoughtful and cautious in your use of debt? Do you pay your taxes with integrity and thanksgiving? If married, do you set financial goals jointly with your spouse?

Saving Money

Do you live below your means, creating margin so you can save? Do you have a Kingdom purpose for your savings? Do your investments align with your faith convictions?

Giving Money Away

Do you give regularly and systematically, in proportion to your income and assets? Do you have an eternal Kingdom mindset with your giving?

Faith & Finances