Being Smart with Money

Saving for a rainy day is supported by the principles of God’s word. Just look at the example of the young man who got his inheritance and wasted it on partying (Luke 15:11-13). Had he not done so, money would have been left for him to live on (Luke 15:14-17). In Proverbs 21:20, the Bible teaches that wise men will have money in their accounts, while foolish men will blow it. Epheshians 4:28 teaches that men should work and have surplus funds to help those in need. Matthew 25:27 teaches that the lazyservant could have put his Master’s money in the bank were it could have gained interest.

Jesus taught that we should "count the cost" before doing anything, and that certainly can be applied to the use of money. Money isn't something that we should be in love with because it can't be taken with us at death (Matt. 6:19-21; 1 Timothy 6:7-10; Job 1:21; Psalm 49:15-20). But that doesn't mean that we should waste our money today and not be able to pay the rent tomorrow (Ecclesiastes 11:1-2). This is great advice from the Bible, so think before you spend.
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