Since money is a huge portion of everyone’s life, what should our attitude toward money be? Is wealth bad? What should we do with our money? The best way to begin to understand that is to see how our ideas about money align with that of who we should be seeking to become. Let us begin to search the Scripture.
Hebrews 13:5 (NASB) “Make sure that your character is free from the love of money, being content with what you have…”
Ecclesiastes 5:10 (NASB) “He who loves money will not be satisfied with money, nor he who loves abundance with its income.”
The wisdom shared here is well explained in these two verses. We can see that our character should not involve the love of money, but rather we need to learn contentment. Money also will never satisfy us. Is it wrong to seek a job that pays well, a better standard of living, or pursue a career that’s known to be lucrative? Absolutely not, but rather it is the motive behind our desires that matters. It often involves a changed perspective. It’s better to pursue something out of true passion and service to others rather than financial gain.
With having a good perspective on money, it is then necessary to learn how be a good steward with our money through our investing and financial planning decisions. Again, let’s see what Scripture has to say. Isaiah 5:33(NASB) states: “Therefore My people go into exile for their lack of knowledge.” If we are to handle our resources to the best of our abilities, it is of the utmost importance to learn and become knowledgeable on how to do that. When our finances are in order, we become free to better use our financial gain for the benefit of others.
A great way to learn about how to handle money is through observing others. If your parents don’t handle money well, find out what others are doing or ask your parents what they have learned about handling money. I’ve had several influences in my life regarding finances, usually it just comes from short conversations, or noticing a habit that someone has developed. When I was young, my mother would help an older woman with her everyday needs. The women would pay my mother for her time and running errands for her. Sometimes I would accompany my mother. One time when the women was paying my mother, I noticed that she kept several different envelopes filled with money, and each envelope had a name on it. From that observation, I noticed that she separated her money out for intended purchases. This observation helped plant the idea that I needed to budget my money and save for the future, which is key to financial success.
The Scripture also tells us in Proverbs 13:22 (NASB), “A good man leaves an inheritance to his children’s children.” Not only is handling our finances well going to allow us and others to prosper, it will bless a family’s next generation and the generation to follow. It is important not only to handle your finances well but also teach the next generation how to handle theirs.