Building a Solid Foundation: Planning for Your Financial Future

Biblical wisdom to help you plan for your financial future.

1. Budget Wisely: “For which of you, intending to build a tower, sitteth not down first, and counteth the cost?” (Luke 14:28). Create a budget to manage your income and expenses effectively.
2. Save and Invest: “Give a portion to seven, and also to eight; for thou knowest not what evil shall be upon the earth” (Ecclesiastes 11:2). Save for emergencies and invest wisely for long-term financial stability.
3. Avoid Debt: “The borrower is servant to the lender” (Proverbs 22:7). Minimize debt and strive to live within your means, prioritizing financial freedom.
4. Be Diligent in Work: “Seest thou a man diligent in his business? he shall stand before kings” (Proverbs 22:29). Embrace a strong work ethic, seeking opportunities for growth and advancement.
5. Give Generously: “It is more blessed to give than to receive” (Acts 20:35). Cultivate a spirit of generosity, sharing your resources with others and supporting charitable causes.
6. Seek Wise Counsel: “Where no counsel is, the people fall: but in the multitude of counsellors there is safety” (Proverbs 11:14). Consult financial advisors and seek guidance from those experienced in money management.
7. Plan for Retirement: “The plans of the diligent lead surely to abundance” (Proverbs 21:5). Set aside funds for your future retirement, considering various investment options.
8. Practice Contentment: “But godliness with contentment is great gain” (1 Timothy 6:6). Find joy and satisfaction in what you have, avoiding the trap of materialism.
9. Educate Yourself: “Buy the truth, and sell it not” (Proverbs 23:23). Continuously expand your financial knowledge through reading, seminars, and courses.
10. Trust in God’s Provision: “But my God shall supply all your need according to his riches in glory by Christ Jesus” (Philippians 4:19). Rely on God’s faithfulness as you make financial plans, seeking His guidance and provision.