Victoria Fellowship Church (VFC)
International and Interdenominational
House Fellowship for week commencing 17th of April 2016
Quarter Theme: The Book of Proverbs: Gems of Wisdom
Topic: Financial Wisdom
Texts: Prov. 6: 1-6; 10: 4; 11: 15, 24-26, 19: 17; 22: 9, 16, 26-27; 30: 8-9
Memory Verse: Proverb 11:24 There is one who scatters, yet increases more; And there is one who withholds more than is right, But it leads to poverty.
It’s amazing how God’s ways are completely different from our ways. There are ten (10) biblical financial Principle that can guide us in making the right choices through the ups and downs of our convoluted financial systems.
1) God is the source
The first principle is that God is the source of everything. Philippians 4:19 says, “My God shall supply all your need according to his riches in glory by Christ Jesus.” Proverbs 8:20,21 adds, “I lead in the way of righteousness, in the midst of the paths of judgment: that I may cause those that love me to inherit substance; and I will fill their treasures.”
And 2 Corinthians 9:8 says: “And God is able to make all grace abound toward you; that ye, always having all sufficiency in all things, may abound to every good work.” Whenever we need money or possessions, prayer is the answer. Look to the Lord, because He will provide it according to His will.
Luke 6:38, a key verse, says, “Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give unto your bosom. For with the same measure that ye mete withal it shall be measured to you again.” According to Deuteronomy 14:23, one purpose of tithing was to teach the people of Israel to put God first in their lives.
Proverbs 3:9, reads: “Honour the Lord with thy substance, and with the firstfruits of all thine increase: so shall thy barns be filled with plenty, and thy presses shall burst with new wine
3) Live On Margin
Everyone ought to live on a margin- a physical margin, a spiritual margin, a time margin and a financial margin. Living on a margin simply means allowing room for things to happen.
Proverbs 21:20 says, “There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.” And Proverbs 22:3 emphasizes, “A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” You can start with 3 envelops namely: Savings ( Investment, Emergency etc) ; Spending Account( daily expense) and Church or Giving account.
5) Keep Out of Debt
Psalm 37:21 says “the wicked borroweth, and payeth not again.” The minute a person goes into debt, he loses a portion of his freedom. As Proverbs 22:7 says, “The rich ruleth over the poor, and the borrower is servant to the lender.”
Hebrews 13:5 puts it succinctly: “Let your conversation be without covetousness; and be content with such things as ye have: for he hath said, I will never leave thee, nor forsake thee.” 2 Corinthians 6:10 is so beautiful to apply here. It reads: “As sorrowful, yet always rejoicing; as poor, yet making many rich; as having nothing, and yet possessing all things.”
7) Keep Records, Budget
God’s Word says, “Buy the truth, and sell it not; also wisdom, and instruction, and understanding” (Prov. 23:23). “Through wisdom is an house builded; and by understanding it is established: and by knowledge shall the chambers be filled with all precious and pleasant riches” (24:3,4).We can also adopt the “save,” “church,” “spend.” Record keeping
8) Avoid standing as Guarantor
God says in Proverbs 27:13 to exercise extreme caution in acting as surety.
9) Work Hard
The Scriptures spell it out: “In all labour there is profit: but the talk of the lips tendeth only to penury [poverty]” (Prov. 14:23). “He that tilleth his land shall have plenty of bread: but he that followeth after vain persons shall have poverty enough” (28:19).
It is important to work. “In the beginning God created” (Gen. 1:1). Even God is at work. This is a principle throughout the Bible.
10) Seek Godly Counsel
Psalm 1:1 declares, “Blessed is the man that walketh not in the counsel of the ungodly.” A person needing financial advice should not go to someone who makes his living selling the very thing he’s contemplating buying. “Without counsel purposes are disappointed: but in the multitude of counselors they are established” (Prov. 15:22). Before buying a house, purchasing a car or just borrowing money, pray about it and seek the counsel of godly people. They can keep you from making a lot of mistakes.
These are the ten biblical financial principles: God is the source; give first; live on a margin; save money; keep out of debt; be content with what you have; keep records; don’t guarantee loans for people unknown to you; work hard and seek godly counsel. As we learn to follow these eternal financial wisdom principles in our personal finances, we will know the joy that comes from trusting and obeying God.
QUESTIONS FOR DISCUSSION
- Review the ten principles of financial wisdom above. List where you are succeeding and where you are failing. List practical steps to correct failures.