The Bible is not only a source of inspiration, comfort, and a guide for living, but also a guide for how you should manage your money. Take a look at what financial lessons you can learn from the good book:
- Take control of debt. “The rich rule over the poor and the borrower is servant to the lender.” – Proverbs 22:7
- Keep track of your money, and think before you spend. “Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?” – Luke 14:28
- Leave wealth for the next generation. “A good man leaves an inheritance for his children’s children.” –Proverbs 13:22
- Be honest in your financial dealings. “Dishonest money dwindles away,
but whoever gathers money little by little makes it grow.” – Proverbs 13:11 - Seek financial counsel. “Plans fail for lack of counsel, but with many advisers they will succeed.” – Proverbs 15:22
- Use caution when co-signing a loan. “A man lacking judgment, strikes hand in pledge and puts up security for his neighbor.” – Proverbs 17:18
- Pay your taxes. “Give everyone what you owe him: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor.” – Romans 13:7
This article was originally published on BlackEnterprise.com by Sheiresa Ngo. Click here to view the article on the site.
