What Does the Bible Say About Budgeting? 8 Bible Verses About Budgeting

Here’s the big list of money topics in the Bible, and here is a list of over 100 Bible verses about money.

What Does the Bible Say About Budgeting?
8 Bible Verses About Budgeting

Have you ever wondered if the Bible talks about budgeting? The answer is that it does! In this article, we will explore 8 Bible verses about budgeting and what they tell us about managing our money.

Having a spending plan can help us to free our money for the things that matter most to us. There are many Biblical principles of money taught throughout the scriptures. When we follow these Biblical money principles, they will lead us out of debt and give us the freedom God desires for us and our loved ones.

Have you ever wondered if the Bible talks about budgeting? Having a spending plan can help us to free our money for the things that matter most to us. There are many Biblical principles of money taught throughout the scriptures. When we follow these Biblical money principles, they will lead us out of debt and give us the freedom God desires for us and our loved ones. Here are 8 Bible Verses about Budgeting that will teach you why it's important to budget. #faithandfinance #biblicalbudgeting #godsmoney — PIN FOR LATER

8 Bible Verses About Budgeting

Here are a few instances where budgeting is mentioned in the Bible.

Luke 14:28-30
1 Corinthians 16:2
Proverbs 6:6-8
Proverbs 21:20
Proverbs 22:3
Proverbs: 27:26
Proverbs 27:23
Ephesians 5:15-16

Bible Verses About Budgeting

Luke 14:28-30 NIV
“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you, saying, ‘This person began to build and wasn’t able to finish.’

1 Corinthians 16:2 NIV
On the first day of every week, each one of you should set aside a sum of money in keeping with your income, saving it up, so that when I come no collections will have to be made.

Proverbs 6:6-8 NIV
Go to the ant, you sluggard;
consider its ways and be wise!
It has no commander,
no overseer or ruler,
yet it stores its provisions in summer
and gathers its food at harvest.

Proverbs 21:20 NLT
The wise have wealth and luxury,
but fools spend whatever they get.

Proverbs 22:3 NIV
The prudent see danger and take refuge,
but the simple keep going and pay the penalty.

Proverbs 27:26 NIV
the lambs will provide you with clothing,
and the goats with the price of a field.

Proverbs 27:23 NIV
Be sure you know the condition of your flocks,
give careful attention to your herds;

Ephesians 5:15-16 NIV
Be very careful, then, how you live—not as unwise but as wise, making the most of every opportunity, because the days are evil.

What Does the Bible Say About Budgeting?

After reading through some of these Bible verses about budgeting listed below, you will see that it does promote making a plan for your money.

The Bible promotes budgeting! We read that it is wise to have a budget, to plan out where our money will go every month. If we don’t create a spending plan, we will not have control over where our money is really ending up.

Budgeting is simply the act of creating a spending plan for your monthly income. That way you do not slip into financial trouble, because the Bible does say that debt is a form of slavery. We can use budgeting as a way to propel ourselves out of debt as well as a tool for worship!

Important Lessons About Budgeting From the Bible

Based on the 8 Bible verses about budgeting listed above, here are some lessons we can learn about the importance of creating a spending plan.

If you have a financial goal, creating a spending plan is the best route to take (Luke 14:28-30)
Setting money aside for future expenses is wise (1 Corinthians 16:2)
It is wise to save money (Proverbs 6:6-8)
Creating a spending plan will help you become financially free (Proverbs 21:20)
Building up an emergency fund is prudent (Proverbs 22:3)
Understand how much you have and how much you will need (Proverbs 27:23;26)
Spend your time and money wisely (Ephesians 5:15-16)

How to Budget According to These Biblical Lessons

Try using the 10-10-80 principle when setting up your budget. 10% goes back to God through your tithe, 10% goes towards your savings, and the other 80% goes towards your needs and the things you value most. It’s important to create a spending plan that aligns with your core values, so take the time to define what those are for you.

Biblical budgeting is starting by giving your first and best to God. We are taught this in Proverbs 3:9 which says, “Honor the Lord with your wealth, with the firstfruits of all your crops;”

Biblical budgeting means beginning with what you will be giving back to the Lord. Everything that we have, including the money from our jobs, comes from the Lord. Therefore, we must plan to give back to him first through tithing.

You may say to yourself, ‘My power and the strength of my hands have produced this wealth for me.’ But remember the Lord your God, for it is He who gives you the ability to produce wealth.
Deuteronomy 8:17-18 (NIV)

Instead of spending money on simple wants that pop up throughout the month, a budget allows us to plan out where our money goes so we can spend it on things that would be honoring to God. Budgeting helps us to control our desire for worldly possessions, and to focus on the greater things like giving more, and our bigger financial goals.

Using Your Budget as an Act of Worship

Also, since this money is not our own, we need to spend it in such a way that is honoring to the Lord. Ask yourself, if God were to look over your bank statements right now, would he be pleased with how you were spending your money?

Not only that but if a non-believer were to look over your bank statements, could they tell that you were a follower of Christ?

Budgeting is just one way that we can bring honor to God and point others back to the one who gave us everything. Let’s look at these 8 Bible verses about budgeting to get a better picture of how we can use our budget as an act of worship.

Take the time to review your budget monthly and make adjustments as needed so that you continue to realign your spending with what matters most to you!

Do you know of any other Bible verses about budgeting?
What have you learned about budgeting based on these 8 verses?

Let’s Continue The Conversation!

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