A Source of Timeless Financial Advice
One of the best sources of timeless financial advice and guidance
is the book of Proverbs.
Although we should carefully read the entire book to discover
its many gems of wisdom, the following are some of its nuggets
regarding finances and wealth.
Proverbs 6:1-5: Don't put yourself in a position to be liable
for the financial obligations of others (see also 11:15).
Proverbs 6:6-11: Don't be lazy. Work while you can and save for the future.
Don't waste or make excuses (see also 10:4-5; 13:4; 18:9; 20:4; 22:13; 24:30-34;
Proverbs 8:18: God doesn't intend that we should be poor.
Proverbs 11:1: God hates cheating and delights in honesty (see also 13:11;
Proverbs 11:4: Riches won't profit in times of disaster, but righteousness
will (see also verse 28).
Proverbs 11:4: There is safety in seeking advice from many sources (see also
Proverbs 11:24-26: God blesses the generous (see also 25:21-22).
Proverbs 12:11: Make work a higher priority than play (see also 28:19).
Proverbs 13:22: A good person leaves an inheritance for his descendants.
Proverbs 14:23: Don't waste time (see also 19:15).
Proverbs 15:16-17. It is better to be content with little, while having the
fear of God and family love, than to have prosperity with hatred, disharmony
and godlessness (see also 16:8; 17:1; 19:1; 28:6).
Proverbs 15:27: Don't be greedy or open to bribery.
Proverbs 16:16: Gaining godly wisdom and understanding is more important than
Proverbs 18:10-11: It is better to rely on God's power than money and material
Proverbs 19:17: God will repay and bless those who show regard for the poor
(see also 28:27; 29:7).
Proverbs 20:17: Deceit doesn't pay.
Proverbs 21:5: Diligence leads to prosperity, hastiness to poverty.
Proverbs 21:6: Obtaining wealth by lying leads to destruction.
Proverbs 21:17: Loving pleasure and overindulgence squanders assets and prevents
one from building proper financial resources (see also verse 20).
Proverbs 22:1: Having a good reputation and favor are more important than having
Proverbs 22:4: Riches and honor come through humility and fearing God.
Proverbs 22:7: Those who incur debt give others power over them—a warning
we should seriously consider, especially when it comes to financing expensive
items and running up credit-card and other debt.
Proverbs 22:16: Poverty will result if one exploits the poor and bribes the
rich to increase himself.
Proverbs 22:29: Do what is necessary to become proficient in your line of work.
If you are highly skilled, you will be in demand from prominent employers.
Proverbs 23:4-5: For the sake of your family and physical and spiritual well-being,
don't focus so much on work that you neglect other important priorities in
Proverbs 24:27: Establish a secure source of income before trying to build
a home and family. People reverse this sequence to their economic sorrow.
Proverbs 27:23-27: Although wealth is not enduring, keep diligent account of
your assets and finances so you can wisely apportion what you have to supply
the needs of your family. The principles of budgeting and financial planning
are contained in these verses (see also verse 12).
Proverbs 28:8: If wealth is acquired by exorbitant interest rates and extortion,
it will eventually be given to those who pity the poor.
Proverbs 28:20, 22: Don't hasten after riches. (Although not specifically spelled
out, this verse warns against lotteries and other forms of gambling as well
as shady, questionable and unlawful endeavors. Punishment and poverty will
likely come to those who get caught up in such activities.)
Proverbs 28:24: Pay your debts, especially any you owe to your parents.
Proverbs 28:25: Prosperity comes by placing your faith in God rather than by
arrogantly and deceptively believing in yourself.
Proverbs 30:8-9: Desire and seek proper, balanced economic objectives. Avoid
extremes so you will neither forget God because of acquiring great wealth nor
be tempted to steal because of dire need.