Simplify Your Life: Manage Your Money God’s Way

God has entrusted every person with three primary resources—time, money, and relationships. How we manage these resources determines not only our quality of living, but also whether or not we fulfill God’s highest plan for our lives. We’ve recently talked about managing our time, so I’d now like to focus on managing our material resource, which is better known as money.

Few things can complicate your life more completely than problems in the area of finances. The good news is that God wants you to prosper in every area of your life, including finances.

God’s Word has a lot to say about resource management. In fact, the Bible says more about this issue than any other subject. Before we begin talking about how to manage our resources, we have to agree on the objective for doing so. The driving force behind effectively managing our finances must be to maximize the amount of money we have available to plant seed in the kingdom of God. We must strive to sow as much seed as we possibly can into the preaching of the Gospel. Manage your material resources to this end, and God promises to bless you in every area of your life. This must be the driving force behind our resource management.

Just as time management began with the planning phase, so does money management. You need to sit down and begin arranging the money that you have into a plan that will enable you to accomplish your desired purpose. The planning phase can be divided into three categories: generating an income, the tithe, and expense management.


Generating an Income

In Ephesians 4:28 it says, “Let him that stole steal no more: but rather let him labor, working with his hands the thing which is good, that he may have to give to him that needeth.” That word labor is defined as “a diligent, consistent effort.” This is God’s way for you to generate an income. He wants you to be hardworking and persistent in your vocation.

Unfortunately, a lot of folks punch the clock in the morning, do as little as they can during the day, and leave early in the afternoon. That’s not God’s way. You won’t have Him involved in your financial life until you’re making a diligent, consistent effort at that which is good. Once you’ve done this, you will have something to manage and you can begin to initiate a responsible financial management plan.

What’s the next phase of money management? Tithing. I’ll share more about that in my next blog post.

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About Mac Hammond

Mac Hammond is senior pastor of Living Word Christian Center, a nondenominational church located in Brooklyn Park (a suburb of Minneapolis), Minnesota. Pastor Hammond also hosts the Winner's Minute and the Winner's Way television broadcasts and has authored several internationally distributed books . Mac Hammond is broadly acclaimed for his ability to apply the principles of the Bible to practical situations and the challenges of daily living. Mac Hammond graduated from Virginia Military Institute in 1965 with a Bachelor's degree in English. Upon graduation, he entered the Air Force with a regular officer's commission and reported for pilot training at Moody Air Force Base in Georgia. Mac received his wings in November 1966, and subsequently served two tours of duty in Southeast Asia, accumulating 198 combat missions. He was honorably discharged in 1970 with the rank of Captain. Between 1970 and 1980, Mac was involved in varying capacities in the general aviation industry including ownership of a successful air cargo business serving the Midwestern United States. A business acquisition brought Mac and his wife Lynne Hammond to Minneapolis where they ultimately founded Living Word Christian Center in 1980.

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