Of Budgets and Baggage

Alex Enabnit – Programming Coordinator

This week we continued our Money Wise series talking about something that is a struggle for the majority of Americans.

Budgeting. To many it’s a four letter word, but the reality is there’s really no way to be wise with your money without a budget. And on this topic, the Bible, especially the Book of Proverbs, is full of wisdom about managing our resources. It contrasts a wise person to a fool to show how differently the two handle their money. So what can we learn from this?

First, having a savings is wise. Like in Proverbs 21:20 and Proverbs 6:6-11, the prudent gather a savings for emergencies or when resources might be scarce. Next, we learn that giving is Godly. Generosity and godliness go hand in hand. 2 Corinthians 9:6-9 and Luke 6:38 are great passages to visit in case there is any doubt about this! Finally, we obviously need to spend money in order to live, but the key is asking the question, “How much of what I make do I need to consume today?” This is where the budget really shines. It gives us the boundaries for all three aspects of money management – giving, saving, and spending – so that we can be wise with our money. Cal recommends the 10/10/80 rule, which is 10% to God first, then 10% to savings (and both of these are minimums), and 80% to live on. If you missed the message, I would highly recommend checking out the video above at the 40:30 mark where you can see a “fruitful” illustration of the 10/10/80 budget. Pun intended!

Verses and quotes from the message:

Proverbs 27:12; Proverbs 21:5; Proverbs 30:8-9; Proverbs 27:23-24; Proverbs 21:20; Proverbs 6:6-11; Proverbs 13:11; Deuteronomy 14:22; Malachi 3:10; 2 Corinthians 9:6-9; Luke 6:38; Malachi 3:6-12

“Whatever we have, we have because God in his grace and generosity has given it to us. When we realize this, there comes into our lives a joyful gratitude for what we do have, and we are freed from resentment and anxiety over what we don’t have.”  — Ben Patterson, Marriage Partnership, Vol. 7, no. 3.

“Almost any man knows how to earn money, but not one in a million knows how to spend it.” David Thoreau

Big Idea:  If you will plan like others won’t, you can live like others can’t.

All Campuses

This is Living – Hillsong Music
Here for You – Matt Redman
Good Good Father – Pat Barrett
Blessed Assurance – Public Domain

About The Author
- I am the programming coordinator at Central Christian Church AZ. I also moderate the Central Teaching Blog. If you have any questions, feel free to ask!