Financial Problems The Christian Perspective
The Christian handling of money is just as important as the way in which they live their faith. We are role models for our fellow human beings, not only mentally but also in our use of resources. Are you a good steward for God in your cash management? We read in Scripture this challenging statement: “There is a treasure that is in demand, and oil in the dwelling of the wise, but a foolish man gives it out.” – Proverbs 21:20, KJV. The Bible says here that it is a fool who spends all his resources without anything left. With such an attitude and way of life, there will certainly be financial problems. We will look at four possible principles that help to alleviate the problems.
My interest in finance dates back to the seventies, when I ran the foreign exchange department of a commercial bank and worked there for five and a half years. It is an area that interests me to this day and in which I had my share. Financial problems respect neither class, status, nor religious label. It affects all races and people and shows what is going on in our world today, where the most powerful are massively affected by the current financial crisis. Here are the four principles that we will consider as Christians.
1. The need for a budget
What does your faith in Christ have in terms of having a financial budget and being guided by it? I say everything Our faith calls us to have the right perspective in financial matters. It demands satisfaction and life within our means. Scripture says, “But piety with contentment is a great benefit, for we have brought nothing into this world, and it is certain that we can do nothing.” (1 Timothy 6: 6-7, King James Version). You see, a satisfied person will strive to live within their budget.
Financial discipline is strengthened by the use of budgetary resources. If you stick with it, you will avoid financial problems. Funds that are not budgeted tend to develop wings and leave our hands before we can explain them. It is important to remember that any fund that God lets pour into our hands is not earmarked for consumption.
2. About indulgence
Unfortunately, Christians are not excluded from selfish tendencies. Many of us, even some of our churches, have caused tremendous financial problems because of too much forbearance. God’s wisdom and knowledge are necessary ingredients. Pray that Joseph’s wisdom will be able to save you for a rainy day that is inevitable. We should not be blinded by greed and selfishness and forget the goodness of God towards us. “Every person whom God has given wealth and wealth, and who has given him the strength to eat and share and rejoice in his work, is the gift of God (Ecclesiastes 5:19, KJV).
3. Just life
If you stand upright before God, your financial dealings will be honest. Often people are not honest with themselves and others and therefore make unwise financial decisions to impress, which can make serious financial problems worse. I have seen it again and again.
Justice is the lead over financial discipline. Wealth without justice is like a time bomb in the hands of a terrorist: It is written, “Better is a little with justice than great revenue without right.” – Proverbs 16: 8, King James Version.
4. Maintain a savings habit
Saving is a by-product of the financial student. It can be very helpful when financial problems occur. We all heard this cliché “Cash is King”. There is no financial discipline without the practice of saving. The absence reflects the habit of living at the moment, and is synonymous with financial hardships and problems. We read, “A good man gives inheritance to the children of his children, and the riches of the sinner are set up for the righteous.” – Proverbs 13:22, KJV. Pay attention to your cash management if you want to leave a legacy.
It is important to keep a close eye on the inflows and outflows of your resources if you want to overcome the flood of financial problems. For more information about this topic, see the following references.
Dr.Ephraim John Udofia is the founder and presiding bishop of Living Faith Apostolic Ministries. International mission-intensive service, both in foreign and domestic missions, with currently more than six churches in three countries. Dr.Udofia is the author of over seven life-changing books. Since the 1970s he has been passionately committed to church planting, crusades, conferences and the training of ministers. Dr.Udofia has a Bsc. in Management, Minor in Accounting, MBA and Doctorate in Ministry (Dmin) with Major in Missions. He has been a former CEO of Precious Jewels Inc. for 19 years. Also a former banker and security officer, who holds both state and federal licenses. A financial advisor, motivational speaker, mentor, marriage counselor and an outstanding dedicated family man. He is happily married and has five grown children.
To one of Dr. To buy Ephraim’s inspirational Christian books or Money Management Books, visit the link —>;
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