The Bible has a lot to say about money in general and budgeting in particular. To budget is to plan your spending. This means choosing what to do with your money. Thinking ahead – both short term and long term. Budgeting becomes a spiritual exercise as we make decisions and set priorities. To equip us in this task we turn to the treasure chest of financial wisdom found in the scriptures. Financial planning expert, David Flowers, shares six key principles to help us to budget and plan well:
1. It all belongs to God
2. Give first
3. Plan ahead
4. Spend less than you earn
5. Avoid the use of debt
6. Save for the plan