Posted by: prosperingchristians | January 28, 2011

Managing a Budget

We can learn much about managing a budget from Proverbs 27:12 which states, “A sensible man watches for problems and prepares to meet them. The simpleton never looks, and suffers the consequences.” That being said, it is important for Christians to heed the warnings that they receive about any financial problem which is in danger of becoming uncontrollable.

Our financial problems begin because we failed to take action in times of trouble. A lack of self-control in any situation will get us into trouble. The problem is not the self-control, but rather that we see it and are unable to respond properly. We fail to take action until we are forced to do so. By this time, Satan has had his hooks in us and created so much damage which in some cases has lasting consequences. This is one area where Satan prevents us from growing and coming into the blessings that God holds for us.

Unfortunately, the simpleton, or the fool, as described in Proverbs 27:12, does not become wise when he fails to take action in this situation. He keeps repeating this detrimental and unfortunate behavior. God will never give him/her any responsibility over the finances or property of others because he/she cannot manage their own finances. Jesus says in Luke 16:10-12 that if we have not been faithful in managing “unrighteous mammon” (money) or the finances or property of another, then we cannot inherit true riches.

The problem areas are overspending, impulsiveness, unwise spending, wastefulness, and a failure to track and record the expenses. This is lustful, sinful behavior as described in I John 2:16. We lust after the things in the world, try to “keep up with the Jones, and covet the possessions of others. The economic crisis was consequence of this behavior in the United States. In order to take control of one’s finances, we have to be very careful in setting up a budget for our expenses. Know what you have to spend as well as the bills and expenses that need to be paid. Make a list of the bills, note how much money you have to spend, and stay within the budget.

When you are managing a budget, it is important to follow God’s word relative to tithing and to give to those in need out of your abundance. The tithe should be set aside first and given to the church right away. Our finances will improve, when we are tithing regularly. Some Christians fail to tithe because they feel they do not have enough money in the budget to tithe. In reality, God will provide for all of our needs when we tithe.

There are financial tools which one can use to monitor the expenses, including Brothersoft , The Monthly Budget Ledger , and Microsoft . There are additional financial tools for the home and the business at Microsoft Marketplace . As we begin to use these tools, you are changing bad habits and becoming wise stewards of the money that God has entrusted to us.


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