(Copied from: https://www.gotquestions.org/saving-money.html)

The Bible teaches that saving money is a wise practice for many different reasons. God is our source and provider for everything we need. “And my God will meet all your needs according to the riches of his glory in Christ Jesus” (Philippians 4:19). One of the main ways God provides for us is through money, and it is our job to steward that money well (Matthew 25:14–27).

We are accountable to God for how we use everything He gives us in this life, including money. Saving money demonstrates good stewardship of the resources God gives us. Saving money allows us to be prepared for the future, and being prepared for the future is good. Proverbs 6:6–8 shows us that this principle is lived out even in nature: “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 its food at harvest.” Planning ahead and saving money makes it easier to accomplish goals and allows us to be more effective in ministry (see 1 Corinthians 16:2). When we don’t plan ahead and save money, we are more prone to go into debt, which the Bible tells us is unwise (Proverbs 22:7).

Of course, there are plenty of wrong motives for saving money. If we’re saving money out of fear of the future, it shows we’re not really trusting God to provide (see Luke 12:7; 2 Timothy 1:7). Miserliness is sin, and it’s foolish and arrogant to make money our security. “The wealth of the rich is their fortified city; they imagine it a wall too high to scale” (Proverbs 18:11), yet riches “will surely sprout wings and fly off to the sky like an eagle” (Proverbs 23:5). First Timothy 6:10 warns against greed, saying, “The love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”

To fully understand the value of saving money, we must remember what the Bible says about giving. God desires His people to be cheerful givers (2 Corinthians 9:7). It’s impossible to out-give God! “Give and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For the measure you use, it will be measured to you” (Luke 6:38).

Sometimes when God gives us things, be it money or something else, it’s intended for us to give away. Other times, He gives us things that are meant for us to keep for ourselves and use in His service and for His glory. It’s wise to hold everything God gives us loosely so that we can give it away if He asks us to.

I remember years ago when I did the finances for our home.  I was self-employed.  Some jobs would be three or four days, and some two to three weeks.

The short jobs were nice.  I could get paid once or twice a week and had the money then to pay off my bills, buy food, gas, etc.  But the longer-term jobs presented a problem. By the time the job was finished, I had quite a stack of bills and needed to go shopping for food, so I really looked forward to getting paid.  So much so that I pinned a lot of hope on getting that check to solve my problems without much thought about God.

When I would finally get paid, I was elated.  I felt that now everything would be set right, and life would be lovely.  But as always happened as I set down to pay the bills and by the time I was done, all the money was gone.  This was very disheartening. It took all the wind out of me.  The feeling of elation was gone.  This feeling of hope was just a feeling and not a logical thought.

I did not like the disappointment, the letdown. It took that happening repeatedly over several years for me to understand that this way of seeing things was wrong.

As I thought on this, finally, I realized my thinking/feelings were all wrong.  I was putting my hope for paying my bills in my job and getting paid. As I pondered this dilemma, I realized our trust for our sufficiency should rest on God not on getting paid.  I finally thought to myself, “What happens if after the three weeks you don’t get paid for whatever reason?”  Do you starve? Lose your home?  Is God out of business?

I finally understood that as we work, we look to God to provide.  It is like the verse that says:

Proverbs 21:31 The horse is prepared against the day of battle: but safety is of the LORD.

In this verse, the man prepared the horse and perhaps himself by great training, but at the end of the battle, he knew that the reason he was safe was because God had provided for his safety.

We likewise do our diligence to work and run our businesses, but at the end of the day, it is God that provides.

We pray and God will help. This is part of learning the process of applying God’s word to everyday life.

Think about this: we let our requests and prayers be known to God, and at times he supplies those requests through people.

Luke 6:38 Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.

Exodus 3:21-22 And I will give this people favour in the sight of the Egyptians: and it shall come to pass, that, when ye go, ye shall not go empty: But every woman shall borrow of her neighbour, and of her that sojourneth in her house, jewels of silver, and jewels of gold, and raiment: and ye shall put them upon your sons, and upon your daughters; and ye shall spoil the Egyptians

Job 42:11 Then came there unto him all his brethren, and all his sisters, and all they that had been of his acquaintance before, and did eat bread with him in his house: and they bemoaned him, and comforted him over all the evil that the LORD had brought upon him: every man also gave him a piece of money, and every one an earring of gold.

In these verses, we see God supplying through people.

Many times, He may provide by you getting paid for your work.  But He also provides in many different ways. God provided Abraham a ram in a thicket, so Abraham named that place, and it became one of the names of God. “The Lord will provide.”

Genesis 22:14 – Abraham called the name of that place Jehovah-Jireh, the LORD is my provider. As it is said to this day, “In the LORD’s mountain it will be provided.”

He provided Israel with manna in the wilderness.

Psalms 23:1 – The Lord is my shepherd: I shall lack nothing.  (We look to God)
Psalms 34:9, 10 – Oh fear the LORD, you his saints, For there is no lack with those who fear him. The young lions do lack, and suffer hunger, But those who seek the LORD shall not lack any good thing.

Here is another great example of God’s supply in the Old Testament.

Leviticus 25:20-22 And if ye shall say, What shall we eat the seventh year? behold, we shall not sow, nor gather in our increase: Then I will command my blessing upon you in the sixth year, and it shall bring forth fruit for three years. And ye shall sow the eighth year, and eat yet of old fruit until the ninth year; until her fruits come in ye shall eat of the old store.

How do you explain how the land brought forth so much that year?  If you have a really great year money-wise, it might be wise to put a lot in the bank.  You can not see what is coming tomorrow, but He can.

Jeremiah 17:5-8 Thus says the LORD: Cursed is the man who trusts in man, and makes flesh his arm, and whose heart departs from the LORD. For he shall be like the heath in the desert, and shall not see when good comes, but shall inhabit the parched places in the wilderness, a salt land and not inhabited. Blessed is the man who trusts in the LORD, and whose trust the LORD is. For he shall be as a tree planted by the waters, who spreads out its roots by the river, and shall not fear when heat comes, but its leaf shall be green; and shall not be careful in the year of drought, neither shall cease from yielding fruit.

Our trust is in God to supply.  We work our butts off, but at the end of the day, we realize that He is the one that provides.

As it says in the 121st Psalm:

…From where does my help come? My help comes from the Lord, who made heaven and earth. He will not let your foot be moved; he who keeps you will not slumber. Behold, he who keeps Israel will neither slumber nor sleep. The Lord is your keeper; the Lord is your shade on your right hand.

We do our due diligence to work heartily, but we keep our eyes upon God and put our trust in our Father.  Even if we did not get paid, He is still the Lord that provides.  Learning some of these things and setting our minds on the right paths are all part of learning to live The Prosperous Life.

With money, attitudes make a large difference. In many areas of life, it is a known factor that success depends 80% on attitude and 20% on your technique.  What is our attitude towards God’s willingness and ability to prosper us as we carry out His word?  Consider the following:  You are out of town and become stuck there and need a hotel room.  Your mind may say, “I can’t spend the money on a hotel room. I can’t. I need that money for something else.” It causes a lot of angst in your life. However, if you took the Attitude, “I am glad I have the money, so I will get the room, and things will work out. God will supply.”, you relieve yourself of so much mental pressure, and then things just work better. Attitude.

Many people teach that economics is a zero-sum game.  A zero-sum game is one where, in order for me to receive more, you have to have less. If the economy was a large pie, then for me to get a bigger piece of that pie, yours would have to be smaller.  If that was true, who was the loser when God filled the woman’s pots with oil?  God did not take from anyone to give that to her.  That is why we call it a miracle. No, economics is not a zero-sum game. As we labor, we add value to the economy, and we are paid for our labor. Sometimes our labor produces products out of raw materials.  Those products, with our labor added in, are worth far more than the raw materials. If in order for some to have more, others have to do with less, and there is only a finite amount available, what was available when the pilgrims landed at Plymouth Rock?  Not much.  But with their labor and the labor of the following generations, we became the richest nation on earth.  We used the raw materials and added great wealth into the world and our nation. Attitude.

When looking at the topic of attitude, if you’re married, you need to work on the principles of prosperity together. It works the best if the husband and wife are on the same page. If one is pulling one way and the other is pulling in the opposite direction, you may make very little progress. Work together until you are both pulling in the direction of the Word. Read this book and other books together and discuss what you are learning. You can help and encourage each other with your understanding and with what God’s Word says on the topics. Attitude.

Remember, some people, rather than doing the work of learning about prosperity and rising up in their believing and understanding, find it easier to drag you down to their level of unbelief. Then they don’t look so bad. They will say, “See, he could not do it either;” “Giving was under the law;” “It did not work for him.”  You come to realize that no matter what you teach them, they just do not want to do this stuff.  Don’t argue with them; just let them be.

This is why sometimes it is best to keep your believing to yourself. Many times, you might take a lesson from the book, The Millionaire Next Door.  If you have believing, have it to yourself before God.  

Monitor your accounts every week to see growth or holes in your bag. (Read The Richest Man in Babylon.)

Sit down once a year and examine all that you are paying for.

Can you get rid of it?
Can you reduce the price?
Can you get it cheaper somewhere else?
(We have called our insurance agent several years in a row because of increases and in some cases saved some money.)

Although there may be many more topics I could include here on attitude, the last one I wanted to address is fear. One reason people are tight with their money is fear or pinched thinking. You overcome fear by putting the Word in your mind. Some of the ways this fear manifests itself are the following:

1. A fear of going broke which is a failure to believe that God will prosper them.
2. A fear of being wasteful or greedy.
3. A fear that they won’t have enough to pay their next large bill, so they do without, or they don’t tip, or they buy cheap, or they don’t pay current small bills out of fear that they won’t be able to pay the next large one, or they don’t give much.

Ask yourself, where these fears and thoughts come from, and then correct them. Attitude.

If our Father is a God of abundance, and His Word clearly states that He is, then why should we ever suffer any lack? It’s only because of our own pinched, limited thinking and our own believing. We simply don’t trust that He will do what He has said. Attitude.

Once you recognize this, if you have that problem, then go to work. Put God’s Word in your mind: “My Father owns the cattle on a thousand hills.” Psalm 50:12. “Beloved, I wish above all things…” 3 John 1:2. You say to your mind, “This is our new standard.” “It may be uncomfortable at first, but this is how I am going to conduct my life.” When the thought or the feeling comes, “You won’t have enough,” just say, “The Lord will provide.” Attitude.

Then as you begin to give and save the money God blesses you with, the change in your attitude will enable you to see further down the road, and The Prosperous Life God intended for His children to have will become more real.

I have heard it said that the government is simply a reflection of the people who put it into office.  Our government spends all it confiscates in taxes and then borrows/prints more.  Most of us as people do the same.  As a society, we spend all we make and then borrow more by loans and credit cards.  We would print more ourselves, but for us, that is illegal.

As we left the chiropractor’s office this morning early, we noticed in a popular strip mall that several once-popular businesses were no longer there.  Sad.  But apparently, this is true all across the country.  According to Fortune, more than 110.000 eating and drinking establishments closed in 2020. According to CBS NEWS, 9 million US small businesses fear they won’t survive the pandemic.  Sad again.  What could these people have done to prevent this?

I have heard over the past few years in the farming industry, farms that have been in families for generations are in danger or have already been foreclosed on by the banks.  Why is this?

The causes of these tragedies may be numerous.  But here is a thought.

Our tendency as humans is to think that tomorrow will be just like today.  So, in years of plenty, we take out loans and expand our businesses or build new barns.  Nothing inherently wrong with this except when it is done on borrowed money.  If you use the money for expansion from a savings fund your business had set up, then when hard times come, as they always do, the lender won’t be coming to take your farm or business.

Proverbs 22:7 The rich ruleth over the poor, and the borrower is servant to the lender.

We are to serve God, not take the abundance He gives us and give it away to the banker so he can make a living. And work to serve the lender.

Deuteronomy 28:12 The LORD shall open unto thee his good treasure, the heaven to give the rain unto thy land in his season, and to bless all the work of thine hand: and thou shalt lend unto many nations, and thou shalt not borrow.

How do you set up yourself to not be a servant to the lender? How do you set up your life to be a lender and not a borrower?

1.    Stop using credit cards and borrowing money for cars, business expansion, etc.
2.    Pay off the debt you now have as fast as possible.
3.    At the same time, set up an emergency fund for unexpected expenses.
4.    Set up separate funding/saving accounts for large expenses.

a.    School for your offspring
b.    Business expansion
c.    Machine replacement
d.    Retirement
e.    Vacations

Think about this. God asks us to give at least 10% or a tithe to him.  That is troubling to some people, and they don’t give.  Yet we have no problem paying 7-20% on a credit card.  We sometimes pay the lender twice what God asks for as an everyday occurrence!!

Think:

1.    What if businesses and farms put aside money this same way and never borrowed?
2.    What if your town put aside money this same way and never borrowed?
3.    What if your state put aside money this same way and never borrowed?

This all starts at the grassroots level. Since we are part of the grassroots level, we as God’s children, should set our own fiscal house in order, then go to the next level and run for city council. Help our cities set their fiscal house in order and work our way up to the federal government.

It starts with us. Save your money!!  Live on less than you earn!!  And remember, the following idea is found five places in the gospels. Apparently, God wants us to pay attention.

Matthew 25:29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath.

There are many buried treasures in God’s Word that, as we think, teach us about The Prosperous Life.

I have tried several times to become a prosperous person apparently on my own.  Nothing seemed to work. I used to work from 5 AM to midnight, 7 days a week, for months on end, but I could not seem to get ahead. I tried rental property but lost it all. Eventually, I had to take bankruptcy. 

All this time I gave or tithed to my church/fellowship. Eventually, I began to learn the other principles God laid out in His Word, the Bible, that make prosperity work. These are covered in other blogs.

The attraction of being a millionaire is partly an illusion. We have been fed the lie that millionaires drive luxury cars, live in expensive homes, wear fur, drink expensive wines, and frequent nightclubs.  But a great many of them are extremely hard workers and are self-employed, wise investors, and very watchful of their spending. Most operate the principles of prosperity God designed into the world.

Just to keep some perspective about the term “millionaire”. If you had a million dollars today and took it back to 1900, it would be worth about $30,000. That does not seem like a lot of money.  Inflation is a consumer of wealth.  The term may evoke feelings of wealth, but it is all relative.  Some farmers, for instance, maybe worth a million, but the worth is all tied up in their farm and land.  They would have to sell their land or farm or business to have cash in hand.

1 Timothy 6:9 However, those who desire to be rich fall into temptation and a trap and many senseless and harmful cravings, which cause people to sink into ruin and destruction.  WTJ

If your great desire is for wealth or riches, you are likely to put the wrong things first in your life and sink into ruin and destruction. For instance, a list of important functions in a good order might be:

1.    God
2.    Health
3.    Family
4.    Integrity
5.    Career

Many people put their careers first because of the income and their desire for earthly things.  Thus, they sacrifice their relationship with God, their health, their family, and many times their integrity.  This list is only a suggestion, but it is worth thinking about.  

Proverbs 8:11 For wisdom is better than rubies; and all the things that may be desired are not to be compared to it.

God says that our great desire should be for wisdom because that is far more valuable than rubies, (money, gold, or silver). So, our great desire would start with a desire for the wisdom of God’s Word and then wisdom and understanding in your field of work.  

The wisdom of God would start with how to walk for Him and serve Him, and, in the subject area we are talking about, move into learning how to handle money He entrusts us with. When you read about Solomon, he sought after the wisdom of God, and he learned that the great wisdom of God brought him great wealth.  But he sought God first. That is the key.

So instead of asking the question, “Who wants to be a Millionaire?”, maybe the question should be “Who is willing to seek after the wisdom of God?” Because God promises that if you will seek Him and His wisdom first, he will add all these other things into your life.

Learning to keep our desires in proper order is all part of learning to live The Prosperous Life.