To Budget or Not To Budget?

As a Christian, I see a practical and spiritual side to having a personal budget.

First, God told us in Proverbs that wisdom is the principle thing and we are to seek it. I would think that having a plan (i.e. budget) for our finances would be a wise thing to do.

Second, God told us to owe no man anything but to love him therefore debt is not in God’s plan for us. If that’s the case, then we need to learn how to manage our money in a way so that we don’t get into debt situations.

Third, I think the debt situation that some people are in is because of poor money management and poor planning. This is the practical side of a budget. A budget is a way to plan where your money is going to go before you actually spend it. Once the money is spent it is difficult to get it back. You are stuck with the results. But, if you plan how you are going to spend your money ahead of time (with the discipline and dedication to only buy what you have cash to pay for) this will help to prevent overspending which leads to debt.

Fourth, a budget is a great reality check for those who aren’t good with finances. Keeping track of finances doesn’t come natural for everyone but that isn’t an excuse to not properly manage your money. When you actually lay out all of your bills on the table and you total that up, you get a good picture as to where your money is going. Once you have that information, you can now start making the difficult decisions about where to cut back or how to more wisely spend.

Fifth is the spiritual aspect. God said He would supply all of our needs and that we would be lacking for no good thing IF we honor Him, seek Him, obey Him, and put Him first in EVERY area of our life. God has a million ways to make you a millionaire in a day however many of us haven’t proven ourselves faithful stewards in the little therefore we can’t expect much.

As you grow in your faith and your obedience to Him, you will start to see God’s blessing manifest in your life. You won’t need a budget as much anymore because you live by faith and you live according to God’s system of sowing and reaping. Please note that this doesn’t give you a license to buy what you can’t afford. But what it says is that you aren’t limited by what you currently see.

If God wants you to have a new car, you keep believing and standing in faith and God will give you the money so you can go buy it. (Or He may have someone give you a car for free!) The important point to note is that I didn’t say you should go buy the car and then believe God will provide the money some day. You should only do that in the rare situation where God specifically tells you to buy before you have cash in hand. Because again, God said that we are to owe no man anything but to love him and if we were to buy without the money that would be incurring debt. God cannot go against His Word so if He said do not go into debt then He won’t ask you to do something that will put you into debt.

Well, this may be an odd place to end but I think I will call it quits for tonight. Have a great evening!