Saving money is supported in the Bible, as Scripture teaches wisdom in handling resources. Verses on planning, prudence, and avoiding waste encourage responsible saving. By managing finances well, we’re able to support ourselves and help others, fulfilling God’s call to stewardship.
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What Does The Bible Say About Saving Money
Proverbs 21:20
“The wise store up choice food and olive oil, but fools gulp theirs down.”
This verse teaches the value of saving and planning for the future. The wise understand the importance of saving, not only for immediate needs but also for long-term security.
Saving money is an act of wisdom, as it provides a sense of financial stability and allows for investment in opportunities that may arise in the future.
Proverbs 6:6-8
“Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.”
This verse presents the ant as a model of diligence and foresight. Ants instinctively work to gather and store provisions during times of abundance, preparing for the leaner periods.
Similarly, we are encouraged to imitate the ant’s diligence in saving money. By setting aside a portion of our income and practicing frugality, we can be prepared for times of financial need or unexpected expenses.
Proverbs 13:11
“Dishonest money dwindles away, but whoever gathers money little by little makes it grow.”
This verse highlights the importance of acquiring money through honest means and gradual accumulation. Ill-gotten wealth is described as fleeting and ultimately diminishing in value.
On the other hand, consistently practicing thrift and saving money little by little leads to positive growth and financial stability.
Matthew 6:19-21
“Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also.”
This verse emphasizes the importance of prioritizing treasures that have eternal significance rather than focusing solely on worldly possessions and wealth.
While saving money is important for practical reasons, it is essential to remember that our true treasure should be our relationship with God and investing in heavenly pursuits.
Proverbs 22:7
“The rich rule over the poor, and the borrower is slave to the lender.”
This verse serves as a cautionary reminder about the potential consequences of debt and financial dependence on others.
Saving money and avoiding unnecessary debt allows for financial freedom, independence, and the ability to make choices based on wise stewardship rather than being controlled by financial obligations.
Proverbs 27:23-24
“Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations.”
This verse encourages diligent stewardship and wise management of resources. Just as a shepherd must know the condition and needs of their flock, so we should pay attention to our financial affairs.
Money and wealth are not guaranteed to last indefinitely, and this verse reminds us to be mindful of this fact and make wise decisions to ensure long-term financial stability.
Proverbs 30:8-9
“Keep falsehood and lies far from me; give me neither poverty nor riches, but give me only my daily bread. Otherwise, I may have too much and disown you and say, ‘Who is the LORD?’ Or I may become poor and steal, and so dishonor the name of my God.”
This verse expresses a prayer for contentment in regards to wealth and material possessions. The author acknowledges the dangers of extreme poverty or excessive riches, as they can lead to spiritual downfall.
The desire for financial stability and the request for daily provision demonstrate the importance of finding a balance between having enough to meet our needs and avoiding the temptations that come with wealth or destitution.
Proverbs 14:24
“Wealth is a crown for the wise; the effort of fools yields only folly.”
This verse highlights the correlation between wisdom and wealth. While it does not guarantee that the wise will always be rich, it suggests that wisdom often leads to prudence in financial matters.
Foolishness, on the other hand, is associated with poor money management and unwise decisions that result in negative consequences.
Luke 14:28
“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?”
This verse teaches the importance of careful planning and assessing the financial implications of our actions before committing to them.
Whether it’s building a physical structure or taking on any endeavor, it is wise to evaluate the monetary requirements and ensure that we have the necessary resources to accomplish our goals.
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.”
This verse highlights the potential dangers associated with an unhealthy attachment to wealth and material possessions.
While money itself is not inherently evil, the love and pursuit of it can lead to moral compromises and the neglect of spiritual matters. It is essential to maintain a balanced perspective on money and prioritize our relationship with God over material gain.
Proverbs 21:5
“The plans of the diligent lead to profit as surely as haste leads to poverty.”
This verse emphasizes the benefits of careful planning and diligent action in financial matters. Diligence and conscientiousness in managing our resources can lead to prosperity and profit.
In contrast, impulsive and hurried decisions often result in financial loss and difficulties. Wise financial planning requires patience and thoughtful consideration of the consequences of our actions.
Proverbs 10:4
“Lazy hands make for poverty, but diligent hands bring wealth.”
This verse highlights the correlation between laziness and poverty, as well as the importance of diligence in attaining financial prosperity.
A strong work ethic, responsible money management, and the willingness to invest time and effort into our endeavors can play a significant role in achieving financial success.
Philippians 4:19
“And my God will meet all your needs according to the riches of his glory in Christ Jesus.”
This verse expresses the assurance that God will provide for our needs according to His abundant resources and glory.
While we are encouraged to be diligent and responsible in our financial endeavors, we can trust in God’s faithfulness to sustain us and meet our needs as we align our lives with His will.
Proverbs 11:24-25
“One person gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous person will prosper; whoever refreshes others will be refreshed.”
This verse highlights the principle of generosity and the potential blessings that come from freely sharing our resources with others.
By giving to others and being generous with what we have, we not only help meet their needs but also position ourselves to receive blessings and refreshment in return.
Proverbs 3:9-10
“Honor the LORD with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.”
This verse calls believers to honor God with their wealth and resources by giving Him the first and best portion of their income.
By acknowledging God’s provision and faithfully giving back to Him, we open ourselves up to His blessings and experience abundance in various aspects of our lives.
Luke 16:10-11
“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. So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?”
This verse emphasizes the importance of integrity and faithfulness in managing our financial resources.
A faithful steward who demonstrates wise and responsible handling of even the smallest amounts of money can be entrusted with greater resources and spiritual blessings.
2 Corinthians 9:6
“Remember this: whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.”
This verse communicates the principle of sowing and reaping, both in the physical and spiritual realm. The amount of effort and generosity we put into giving and investing determines the level of return we can expect to receive.
When we are willing to give abundantly, whether it be financially or in other areas of life, we position ourselves to receive abundant blessings in return.
Luke 12:15
“Then he said to them, ‘Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.'”
This verse serves as a warning against the dangers of greed and materialism, reminding us that true fulfillment and purpose in life cannot be found solely in the accumulation of possessions.
While it is wise to save money and be responsible stewards of our resources, our focus should be on cultivating a content heart and pursuing eternal treasures that bring lasting fulfillment.
Proverbs 19:17
“Whoever is kind to the poor lends to the LORD, and he will reward them for what they have done.”
This verse highlights the importance of generosity and compassion towards those in need.
When we extend a helping hand to the poor and participate in acts of kindness, we are not only blessing others but also lending to the Lord Himself, who promises to reward our acts of compassion.
1 Timothy 5:8
“Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.”
This verse emphasizes the responsibility of providing for one’s own family and those within our care.
While saving money is essential, it should not be at the expense of neglecting our familial responsibilities, as doing so is contrary to the principles of faith and proper stewardship.
Proverbs 28:20
“A faithful person will be richly blessed, but one eager to get rich will not go unpunished.”
This verse contrasts the outcomes of a faithful and patient approach to wealth with that of an impatient and greedy pursuit of riches.
A faithful person who values integrity and prioritizes righteous living will experience abundant blessings, while those with a misplaced obsession for wealth and quick schemes may face negative consequences.
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 there will not be room enough to store it.”
This verse encourages believers to faithfully give tithes and offerings to the work of God, trusting in His promise to abundantly bless those who are obedient in their giving.
By faithfully contributing to the work of God and supporting the needs of the Church, we position ourselves to experience God’s overflowing blessing in our lives.
Psalm 37:21
“The wicked borrow and do not repay, but the righteous give generously.”
This verse highlights the contrast between the actions of the wicked and the righteousness of the righteous when it comes to financial matters.
While the wicked may resort to borrowing without honoring their debts, the righteous prioritize generosity and exhibit a willingness to give freely and generously.
Luke 12:33
“Sell your possessions and give to the poor. Provide purses for yourselves that will not wear out, a treasure in heaven that will never fail, where no thief comes near and no moth destroys.”
This verse challenges believers to examine their priorities and consider sacrificially giving to those in need.
By being willing to let go of worldly possessions and invest in eternal treasures, we experience the joy and lasting impact of contributing to God’s kingdom purposes.
Proverbs 28:22
“The stingy are eager to get rich and are unaware that poverty awaits them.”
This verse warns against the negative consequences of stinginess and a relentless pursuit of wealth.
Those who hoard and are unwilling to share their resources may find themselves facing unexpected poverty and deprivation in the long run.