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 blow it. Ephesians 4:28 teaches for men to work and have surplus funds to help those in need. Matthew 25:27 teaches that the lazy servant could have put his master’s money in the bank where it could have gain 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 lovewith because it can’t be taken with us at death (Matt. 6:19-21; 1 Timothy 6:7-10; Job 1:21; Psalms 49:15-20).
But that doesn’t mean for us to waste money and not be able to pay the rent (Ecclesiastes 11:1-2). This is great advice from the Bible, so think before spending.