Proverbs 13:22, “A good person leaves an inheritance for their children’s children, but a sinner’s wealth is stored up for the righteous”.
Luke 14:28, “ For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?”
Motivational speaker Zig Ziglar once said, “If you aim at nothing, you will hit nothing every time”. This thought directly correlates to financial stewardship. Great stewards manage God’s money God’s way for God’s glory. Vision also plays a crucial role. This means every dollar earned needs a destination before it’s spent. But most of us fail to do to this. In fact, here’s some interesting, yet unfortunate, data about spending. 88% of Americans are living paycheck to paycheck. 18% of the 88 are facing bankruptcy, in bankruptcy, or coming out of it. The average American spends $1.26 for every dollar earned regardless of salary. 1/3 of adults in the USA are currently in the debt collection process. And finally, the number one cause of divorce in this country is the result of fighting over finances and money problems—but there’s hope!
Proverbs 21:20 says, “The wise store up choice food and olive oil, but fools gulp theirs down”. What does this have to do with finances? A lot actually. Food and olive oil were common tender in the ancient world. Storing up means to save and invest. If we don’t, then every dollar we make has an obligation to the past and has no opportunity for the future. Wise managers cut the fat and keep their spending habits lean. This requires the discipline of getting rid of credit cards and cutting every corner possible, even selling stuff we don’t need. We can live without motorcycles and boats. And ladies, do you really need another pair of shoes? Take that money and invest in the future. For example, if you put $100 every month into a mutual fund or Roth IRA starting at age 25, by 65 you will have made $1.7 million! If you’re thinking, “I don’t have a hundred dollars” think again! What about every overpriced Latte you bought at the coffee shop or those ridiculous car payments? The wise save and invest and fools spend $1.26 for every dollar they make! Are you storing up or gulping down?
Father God, I want to honor You by being a great steward of what You’ve entrusted to me. Help me acquire the discipline needed to spend wisely, save, and invest. You are my everything! Thank You for investing in me and providing me with the hope of the ultimate inheritance awaiting me in heaven. I praise You in the name of Christ, Amen.
Did you know that you can learn a lot from an ant? In fact, Proverbs 6:6-8 says, “Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest”. Today , let this verse marinate in your mind. And if you’re feeling ambitious memorize Proverbs 21:5, “The plans of the diligent lead to profit as surely as haste leads to poverty”.