October 8, 2016

Biblical Financial Principles: The Prudent Consumer

One who enjoys the fruits of their labor yet guards against materialism.

Beware of idols.

“You shall not make for yourself an idol in the form of anything in heaven above or on the earth beneath or in the waters below” (Deuteronomy 5:8). Materialism — which so saturates our culture — is nothing less than a competing theology in which matter (things) is of ultimate significance; that is, things become gods or idols. “They… worshiped and served created things rather than the Creator” (Romans 1:25).

Guard against greed; things do not bring happiness.

“…Beware! Guard against every kind of greed. Life is not measured by how much you own” (Luke 12:15, NLT).

Seek moderation.

“…Give me neither poverty nor riches, but give me only my daily bread. Otherwise, I may have too much and disown you and say, ‘Who is the LORD?’ Or I may become poor and steal, and so dishonor the name of my God” (Proverbs 30:8-9).

Be content.

“I know what it is to be in need, and I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or in want. I can do everything through him who gives me strength” (Philippians 4:12–13).
 
“…Godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it. But if we have food and clothing, we will be content with that” (1 Timothy 6:6–8).

Don’t waste God’s resources.

“When they had all had enough to eat, he said to his disciples, ‘Gather the pieces that are left over. Let nothing be wasted’” (John 6:12).

Enjoy a portion of God’s provision.

“Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share. In this way they will lay up treasure for themselves as a firm foundation for the coming age, so that they may take hold of the life that is truly life” (1 Timothy 6:17–19).

Watch your finances (budget).

“Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations” (Proverbs 27:23–24).