I did a word search on money using http://www.biblegateway.com/ and came up with nearly 200 verses about money (depending on bible translation). So, that tells me it is an important subject as far as God is concerned. I would challenge you to search the scriptures for yourselves and see where God leads you.
When I think about saving money two words comes to my mind: hoarding and stewarding.
I am sure you are familiar with the parable found in Luke 12 about the rich man. He had grown plenty of crops and this is what is said about him, “And he thought within himself, saying, ‘What shall I do, since I have no room to store my crops?’ So he said, ‘I will do this: I will pull down my barns and build greater, and there I will store all my crops and my good. And I will say to my soul, “Soul, you have many goods laid up for many years; take your ease; eat, drink, and be merry.”’ This is not the purpose of saving money. Infact, God called him a “FOOL”.
Another story I thought of that conveys another side of saving, is the story about Joseph. He was sold by his brothers into slavery, and he eventually ended up in Egypt in charge over Pharaoh’s house. His job was to gather one-fifth of all the grain that would grow in the seven years of plenty, that way when the seven years of famine came there was still food to eat in the land. Infact, there wasn’t just enough for them, but for those throughout out the land. Isn’t that cool?
Or, maybe you have heard of a family who sold and cashed out all they had to go into the mission field. This is wonderful if this is what God was leading you to do. However, I don’t think this is true in most of our cases (It wasn’t in ours). The typical scenario is we get and consume up everything, so when the time of famine comes in our life we have nothing. And we have nothing to give to those around us in need.
When it comes to saving, pray and examine your motives. Remember God is the provider of everything, and He calls us to be good stewards of all He has given us. Time. Money. Resources. He owns it all.
Here are a few practical tips we have learned when it comes to saving money:
Emergency Fund – This is money put aside that you use when those little things in life happens. It keeps you from using the credit card on every thing that happens unexpectedly.
Long Term Saving- This is where you save for retirement.
Every Day Life Things (short term)- Vacations are sure nice. They are even better when they are paid for, and they don’t follow you home. And the last time I checked Christmas is still in December. Kids grow and need clothes. There is college, braces, summer youth camp and the list goes on and on…..
Wealth from get-rich-quick schemes quickly disappears; wealth from a hard work grows over time. Prov. 13:11 (NLT)
The wise have wealth and luxury, but fools spend whatever they get. Prov. 21:20 (NLT)