By: MJ Gonzales | Executive Chronicles
When it comes to money management, we often get advice such as to have a positive mindset. With that we’re programmed to do the right actions like imposing self-control and giving value to our time. It’s not easy though to keep good vibes without kindling your inner light. Let your wisdom grow and become profound with the following motivational bible verses about handling your personal finance:
- Proverbs 21:5 – The plans of the diligent lead to profit as surely as haste leads to poverty.
To dream is vital to keep you determined and passionate about your interests. However, without S. M.A.R.T (specific, measurable, attainable, relevant and time-bound) goal setting, your aspirations will gradually expire into oblivion. Make tactical actions by first having financial plans.
- 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.
Many use this verse to say their different interpretations about money. In contrast to common sentiment about it, the emphasis should be in “the love of money” and not just money makes you do negative things. Building your wealth legally and using it as tool to make you financially capable to help others is not wrong. At the end of the day, what makes people wicked or good is their intention. Proverb 22:16 gives an example of wrong money mindset that produces a bad action:
“Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty.”
- 2 Corinthians 9:6 – Remember this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.
Apart from consistency to save, it is also wise to venture in different baskets or diverse investments. If you double your effort, then you also double your chance to yield high profit.
- Luke 14:28-30 For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it? Otherwise, when he has laid a foundation and is not able to finish, all who see it begin to mock him, saying, ‘This man began to build and was not able to finish.’
Remember the importance of budgeting or cost-cutting so you will not run out of money, especially if you have side projects. Furthermore, living beyond your means will not help you to achieve your goals.