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Five Key Principles of Financial Stewardship

Five Key Principles of Financial Stewardship
Image: NeONBRAND / Unsplash

Overview:

Experience has taught us at Ronald Blue Trust that today’s financial decisions have lifetime implications. The longer range your perspective, the better your decision-making capability. Financial planning can help free you from economic fear and bondage as well as enable you to become a more effective steward of your God-given resources.

Article:

The Bible provides specific principles regarding money management that work over time—regardless of the current economic climate.

1. Understand that God owns it all. (Psalm 24:1)
  • We are simply managers of His resources.
  • God can take whatever He wants, whenever He wants.
  • Every spending decision is a spiritual decision.
  • Stewardship can't be faked.
2. Begin with the end in mind. (Proverbs 16:9)
3. Spend less than you earn—avoiding the use of debt. (Proverbs 13:11, Proverbs 22:7)
4. Increase generosity. (1 Timothy 6:17–19)

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