7 Bible Verses About Money Everyone Should Know

There are many verses about money that are written in the Bible.  The seven verses that I will share to you are the verses that I am passionate about which in one way or another fuel and guide me to the right direction through my journey towards financial freedom.

Malachi 3:10

“Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the LORD Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it.” – NIV

This tells us about tithing.  Indeed, the reason that I am working in UAE right now is not because of my educational background, professional experience or skills.  There are many people back home that are far better than I am, more experienced than I am and more skillful than I am.  But why am I in this part of the world?  It is because this is one of the great blessings from above.  And I am really grateful for it.

God is our business partner.  He gave us the strength to work everyday, the positive attitude towards our tasks and the power to surpass all difficulties.  And I think it is rightful to give something back as His business partner.  It is also the only verse in the Bible, that the Lord tells us that we can test Him.  Just imagine the blessings that He will pour unto us when we do our tithes.  But how much will you give?  It is advisable that we give back 10% of our monthly income to the church.

I am a living testimony of this, I am grateful because I got a new work at the beginning of this year which is very well compensated compared to my previous one.  I brought my family in UAE as early on my first year abroad.  Our net worth is increasing every month.  We will be living in a new flat this coming month which is cheaper and more comfortable  from our previous apartment.  Our family is becoming closer everyday.  All these blessings that my family are currently getting, I believe are attributed to tithing and sharing our blessings to others.

Proverbs 22:7

“The rich rules over the poor, and the borrower is the slave of the lender.” – ESV

A large percentage of our Kabayans abroad go to prison because of indebtedness.  Since we are getting a monthly income way above what we have back home, we sometimes look for ways on how to spend it because we do not know how to manage it.  This becomes a habit and sometimes ends up consuming more than what we receive every month.  And where do you think we will get this over consumption?  You are right…  This results to credit card debt and loans.  (I have Jedi powers, reading other minds.)  =)  As we all know, there is no peace of mind if we are in debt.  We cannot sleep pleasantly every night because most of the time we are dreaming of our debt and how we get out of it.

If we fall on this financial trap, we end up paying this debts almost throughout our working tenure and sometimes longer.  That is why our group is giving free financial training and coaching to our Kabayans and educate them on how to get out from the grip of debt.  We teach people to appropriate manage their hard-earned money so that we will not fail when we go back to our home country for good.

Proverbs 13:11

“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” – ESV

If you want to end up wealthy, you need to start somewhere, and not necessarily big.  When we start saving small amount regularly, our money will be  increasing little by little.  This habit of saving is inculcated within us without noticing it because we are doing it regularly even with small quantities.  And if you wanted to go to a higher level, it will be easy because you already have the discipline to make it happen.  There is no such thing as a get rich quick scheme.  It is just like when you plant a tree today, it will not bear fruit tomorrow.  It normally takes five years or more before you experience the fruits of what you have planted.

1 Timothy 6:10

“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” – NIV

We have a misconception that money is the root of all evil.  However, as you noticed in the verse, the love of money is the reason why.  We have this wrong belief since long time ago.  According to Bro. Bo, money is like a magnifying glass.  It only magnifies what is already there.  When there is love, it magnifies love.  If there is hatred, money magnifies that hatred.

Luke 16-10

“Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.” – NIV

All possessions, skills and talents that we have are just entrusted to us by God.  We are just stewards of the blessings that He gave to us.  This verse keeps we remembering the Parable of the Talents.  When I correlate this verse to savings and investments, what I can think of was if we do not have the self-discipline to keep a small amount of money for our future; we will never have the drive to keep even a small portion when we were entrusted of big amount.  It is not how much you earn that matters, it is how much you keep.

2 Corinthians 9:6

“Remember this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.” – NIV

When I first read this verse, the desire to share my blessings to others was strengthen even more.  It is written in the scriptures that when we plant good deeds to others, we receive good deeds in return.  When we share without something back, we will receive the thousand folds of what we shared.  In order to refill our cup with new things we need to empty it through sharing so that new blessings can fill it up again.

Proverbs 21:20

“In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.” – NIV

There are times in our journey in this world that rigors of life hit us.  Hardships and difficulties might happen along the way.  There will be times that we will have an emergency and the question will be, are we ready to face it?  As I usually tell to the people I give financial advice, “We face emergencies, but usually there are no funds, that is why we need to start an emergency fund.”

It is a fulfillment that the financial concepts that my group and I are teaching to the families that we meet are all rooted to biblical principles.  This is also the reason why I have put up this blog site.  For us to realize that the money we have is a strong ally in blessing others through the virtue of giving.

What other Bible verse about money you know?  Share your thoughts and meet us in the comments.

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Photo credit:  Helen in Wales
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