Finance

Financial Principles for the Ages

Financial principles were provided long ago in Biblical instruction that are just as valid today as they were then.  They deal with honesty, preparedness, measure, privacy, humility, judgment, grace, authority, servitude, generosity, treasure, management, and trustworthiness.

The below verses related to finance were taken from the Bible Gateway web site.  Follow the below link:

https://www.biblegateway.com/

 

 Giving to the Needy

6 “Be careful not to practice your righteousness in front of others to be seen by them. If you do, you will have no reward from your Father in heaven.

“So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full. But when you give to the needy, do not let your left hand know what your right hand is doing, so that your giving may be in secret.  Then your Father, who sees what is done in secret, will reward you.Matthew 6:1-4, New International Version (NIV).

 

The Year for Canceling Debts

15 At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you. However, there need be no poor people among you, for in the land the Lord your God is giving you to possess as your inheritance, he will richly bless you, if only you fully obey the Lord your God and are careful to follow all these commands I am giving you today. For the Lord your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.

If anyone is poor among your fellow Israelites in any of the towns of the land the Lord your God is giving you, do not be hardhearted or tightfisted toward them. Rather, be openhanded and freely lend them whatever they need. Be careful not to harbor this wicked thought: “The seventh year, the year for canceling debts, is near,” so that you do not show ill will toward the needy among your fellow Israelites and give them nothing. They may then appeal to the Lord against you, and you will be found guilty of sin. 10 Give generously to them and do so without a grudging heart; then because of this the Lord your God will bless you in all your work and in everything you put your hand to. 11 There will always be poor people in the land. Therefore I command you to be openhanded toward your fellow Israelites who are poor and needy in your land.Deuteronomy 15:1-11, New International Version (NIV).

 

  Submission to Governing Authorities

13 Let everyone be subject to the governing authorities, for there is no authority except that which God has established. The authorities that exist have been established by God. Consequently, whoever rebels against the authority is rebelling against what God has instituted, and those who do so will bring judgment on themselves. For rulers hold no terror for those who do right, but for those who do wrong. Do you want to be free from fear of the one in authority? Then do what is right and you will be commended. For the one in authority is God’s servant for your good. But if you do wrong, be afraid, for rulers do not bear the sword for no reason. They are God’s servants, agents of wrath to bring punishment on the wrongdoer. Therefore, it is necessary to submit to the authorities, not only because of possible punishment but also as a matter of conscience.

This is also why you pay taxes, for the authorities are God’s servants, who give their full time to governing. Give to everyone what you owe them: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor.  Romans 13:1-7, New International Version (NIV).

 

Generosity

25 A generous person will prosper;     whoever refreshes others will be refreshed.

26 People curse the one who hoards grain,     but they pray God’s blessing on the one who is willing to sell.

27 Whoever seeks good finds favor,     but evil comes to one who searches for it.

28 Those who trust in their riches will fall,     but the righteous will thrive like a green leaf.  Proverbs: 25-28, New International Version (NIV).

 

Preparedness

Invest in seven ventures, yes, in eight;     you do not know what disaster may come upon the land.  Ecclesiastes 11:2, New International Version (NIV)

 

Treasure Where Your Heart Is

 

33 Sell your possessions and give to the poor. Provide purses for yourselves that will not wear out, a treasure in heaven that will never fail, where no thief comes near and no moth destroys. 34 For where your treasure is, there your heart will be also.  Luke 12:33-34, New International Version (NIV).

 

A Shrewd Manager

 

“The master commended the dishonest manager because he had acted shrewdly. For the people of this world are more shrewd in dealing with their own kind than are the people of the light.  Luke 16:8, New International Version (NIV).

 

Trustworthiness

 

10 “Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much. 11 So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?  Luke 16:10-11, New International Version (NIV).