Finance | Bible Money Matters

Do You Have Financial Purpose Or Do You Just Manage Your Money?

December 22, 2009

Steven Covey makes an important distinction between leaders and managers. Leaders are those who have vision and direction. Managers simply master the art of doing ‘it’ better and more efficiently. Covey offers the following illustration: The managers are those who are finding better swinging movements to cut more branches with less effort while the leader [...]

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More Vs. Less: Which Is Better?

November 24, 2009

We typically do it instinctively – we think ‘more’ is always the solution. If you are having money troubles, what should you do? Earn more money. If you are feeling depressed, what should you do? Spend more money. If you want to retire happy, what should you do? Save more money. If a product is [...]

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The Financial “Slip Up” And What To Do When It Happens

November 13, 2009

The following article is a guest post by David of Your Finances 101. David is a new commenter here on Bible Money Matters and has just published his first book Don’t Be A Mule: A Common-sense Guide to Saving More, Spending Less, and Generating Extra Income in Your Everyday Life which is available at Amazon. [...]

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How Many Financial Accounts Should You Have?

October 20, 2009

Financial accounts are a modern day necessity. Most people have an account at a bank, if not multiple banks. At that bank they are likely to have a checking account, savings account, and even a CD. In addition, it is quite common for people to have multiple active credit card and debit card accounts. Unfortunately, [...]

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What You Need to Know About Cash Flow Management

October 15, 2009

Cash flow management, managing what’s coming in and what’s going out, is critical to maintaining control of your spending and staying in financial balance. Some people manage it to extreme detail and others manage it up to the high level. Either way, its cash flow management and it’s our jobs as wise money managers to [...]

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How God Worked In The Life Of One Debt Free Blogger: A Testimonial

October 14, 2009

This is a guest post from Brad over at EnemyOfDebt.com. Read some more of his great posts at his site, or subscribe to his RSS feed. It is God who is at work in you, both to will and to work for His good pleasure.-Philippians 2:13 I once was an angry atheist—who surrounded myself with [...]

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How Saving for Tomorrow Improves the Quality of Life Today

October 6, 2009

One of the common criticisms of saving money is that some folks think that saving for tomorrow completely defeats the purpose of money. These are the ones with a live for today philosophy. The live for today philosophy claims, you could save your money for tomorrow and then have a heart attack and die. What [...]

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Managing Your Money Is An Exercise In Both Mathematics And Psychology

September 28, 2009

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My wife and I are currently in the middle of planning a week long vacation to the east coast. We’re doing a driving tour of New England, starting in Niagara Falls, New York, and making our way towards Bar Harbor, Maine. As we’ve been planning this trip, I’ve never been more aware of the fact [...]

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The Importance of Financial Focus And How It Leads To Results

September 22, 2009

Few things are more discouraging than working really hard to accomplish a goal, but feeling absolutely no progress. There is no better way to say it than the overused cliché ‘you are ‘spinning your tires’. Thus enters the power of focus. Financially, many of us are no more focused than the average horse. The horse [...]

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Five Qualities Necessary For Both Financial Fitness and Physical Fitness

August 18, 2009

Recently, I have been noticing an interesting relationship between what is necessary for physical fitness and for financial fitness. This is not to say that everyone who is physically fit is also financially fit, but those who have overcome weight struggles have the proven skills necessary to manage their finances. Also, those who manage their finances [...]

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7 Attributes Of High Net Worth Individuals

August 13, 2009

In his book, The Millionaire Next Door, Thomas J. Stanley explains how his research has found that individuals who have attained a high net worth have quite a few things in common. In particular, they were found to have these 7 basic attributes in common. According to Stanley, if you can emulate them, you too [...]

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Manage Money By Living From Heaven Backwards

August 5, 2009

This article is provided by Jason Price at One Money Design. Jason is a Money Map Coach and has a personal finance blog that is all about managing money wisely for everyday living. He believes there is financial hope for people. He has a passion to see people prosper, become debt free, and experience financial [...]

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Training A Child About Money – Online

July 30, 2009

This is a guest post by Matt Bell, a biblical money management speaker and author of Money, Purpose, Joy and Money Strategies for Tough Times, both published by NavPress. Matt writes two free eNewsletters that are available through his web site: www.moneypurposejoy.com. “Train a child in the way he should go, and when he is [...]

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The Corrupting Power Of Wealth: Warning Signs Of Materialism

July 22, 2009

This past week at our church one of the pastors gave a sermon on wealth, the corrupting power that it can have, and how to avoid becoming materialistic with your money and possesions. I thought I would share some of the things he talked about. The sermon was based off of a verse in James. [...]

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