Mastering Your Money
Money makes a good servant, but a lousy master.
“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.” (Matt. 6:24)
Five steps to mastering your money:
1) Transfer Ownership to God.
“For all that is in the heavens and in the earth is yours. Yours is the kingdom, O Lord, and you are exalted as head above all. Both riches and honor come from you and you rule over all. . . For all things come from you and of your own have we given you. . . . O Lord our God, all this abundance that we have provided for build you a house . . . comes from your hand and is all your own.” (1 Chronicles 29:11-16).
"The earth is the LORD's, and everything in it, the world, and all who live in it." (Psalm 24:1, NIV).
2) Break the Silence.
3) Make a Plan.
"On the first day of every week, each of you is to put something aside and store it up, as he may prosper.” (1 Cor. 16:2)
“One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want.” (Proverbs 11:24)
“Wealth gained hastily will dwindle, whoever gathers little by little will increase it.” (Proverbs 13:11).
“Why should a fool have money in his hand to buy wisdom, when he has no sense?” (Prov. 17:16).
4) Avoid Foolish Debt.
“The rich rules over the poor, and the borrower is the slave of the lender.” (Proverbs 22:7)
5) Live with Less - and enjoy it More.
"The leech has two daughters. ‘Give! Give!’ they cry. Three things are never satisfied; four never say ‘enough.’” (Proverbs 30:15)
Take Home Idea: If you want your life to count, you have to master your money.