FINANCIAL WISDOM

FINANCIAL WISDOM

a) Money is key to answers in life; Life can be full of 

questions with the shortage of money (Eccl. 10:19)

b) Money is a determinant of the character

 and ultimately the destiny of people (1Tim. 6:10)

c) Both the love of money and the lack of money 

are situations of concern for life and for destiny (Matt. 6:24)

FACTS ABOUT MONEY:

1. Money management is clue to life management

How well a person can manage money without missing road determines how well he/she can manage his/her life and destiny without missing the road

2. More impact can be created with the presence of money than with the absence of money

3. The presence of money does not guarantee abundance and the absence of money is not the reason for poverty. It is all about the mind-set

4. Habits sustain wealth and habits also sustain poverty

5. Money travels in the direction of wise managers of money and money avoids the way of unwise managers of the same (Matt.13:12)

6. Attitude towards money and actions with money can determine a person’s eternal destiny (1Tim. 6:10-18)

How your mind is regarding money and what you will do with money determines where you will end in eternity

DIVINE WISDOM WAYS OF DEALING WITH MONEY:

1. Never allow money to take the place of God in your life; don’t live for things, live for God (Matt. 6:24,33)

2. Possess vision for supernatural supplies; provision will travel in the direction of vision (Prov. 29:18)

Don’t live in survival mode; map out strategies of what you will do with money when God gives it to you

3. Focus on investment, not expenditure; focus not on how to spend money but how to multiply money (Luke 19:20-22)

God is an investor and He is investment-minded

4. Produce something; produce goods or services that your world will pay you for (Gen. 1:28)

Money is the reward you receive either for the production of goods or rendering of services

Don’t put yourself in the position where you are always buying goods/ receiving services from people and nobody is buying or collecting anything from you

5. Avoid get-rich-quick schemes (Prov. 13:11)

Whatever is too good to be true is probably not true

6. Own money but never allow money to own you

Use money and don’t allow money use you; send money and refuse to be sent by money

7. Obey the Covenant of supernatural supply (Gen. 8:22; 2Cor. 9:6-7)

8. Avoid the lifestyle of borrowing and indebtedness (Prov. 22:7; Deut. 15:6)

Borrowing is emptying the future into the present so that when the future arrives, it is empty

9. Build your business first; place impact ahead of comfort (Prov. 24:27)

Public impact is superior to personal comfort

Let investment be superior to enjoyment

10. Maintain financial integrity (Gen. 39:5-6)

You can be trusted by both God and men to the extent you can be entrusted

Financial integrity is doorway to financial authority

11. Don’t make money the basis of life’s decisions and actions; when you do that, you set up yourself for disaster (Matt. 7:12; Mark 12:30-31)

Love for God, love for man, righteousness and justice should be the basis of your decisions in life

Those who make decisions based on money, 99.9% of the time are making the wrong decisions

12. Invest in the areas of Divine direction, personal potentials, passion, affection or knowledge (2Chron. 26:10)

13. Avoid waste at all cost (John 6:11-13; Prov. 18:9)

Waste and wealth are mutually exclusive and diametrically opposed

14. Maintain a savings culture; don’t spend everything, put something aside no matter how little (Deut. 28:8; Prov. 21:20)

15. Be faithful; be reliable, dependable, consistent and constant (Prov. 28:20)

Be a man/woman of your words; wherever you find yourself, be consistent because your blessing is tied to your faithfulness

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