Scriptures on Biblical Principles and Personal Finances

 "These Numbers Don't Lie!"~Kathleen Hudson
The Bible has a lot to say about practical issues of money and finances. Here are a few Scriptures on financial topics to get you started. There are 2350 Scriptures related to the handling of finances!

Accounting · Matthew 18:23-35 · Matthew 25:14-30

Budgeting and Planning · Proverbs 22:3 · Proverbs 24:3-4 · Proverbs 27:12 · Proverbs 27:23 · Luke 12:16-21 · Luke 14:28-30 · Luke 16:1-8 · 1 Corinthians 16:1-2 Business Life

Attitudes and Actions · Leviticus 19:12 · Psalm 112:5 · Proverbs 10:4 · Proverbs 13:4 · Proverbs 13:11 · Ecclesiastes 5:12 · Malachi 3:5 · Luke 6:35a · Romans 12:11 · Ephesians 4:28

Honesty vs. Unjust Gain · Deuteronomy 25:15 · Proverbs 11:1 · Proverbs 16:8 · Proverbs 22:16 · Proverbs 28:8 · Jeremiah 22:13 · Luke 16:10

Contentment · Luke 3:14 · 2 Corinthians 6:10 · Philippians 4:11 and 12 · 1 Timothy 6:6-10 · Hebrews 13:5

Cosigning Notes · Proverbs 6:1-5 · Proverbs 11:15 · Proverbs 17:18 · Proverbs 22:26

Debt · Deuteronomy 15:6 · Psalm 37:21 · Proverbs 3:27-28 · Proverbs 22:7 · Romans 13:8

Discipline · 2 Corinthians 8:11 · Hebrews 12:11

Facts · Proverbs 14:8-15 · Proverbs 18:13 · Proverbs 19:2 · Proverbs 27:23-24 · Luke 14:28-30

Inheritance · Proverbs 13:22 · Proverbs 17:2 · Proverbs 20:21 · Ecclesiastes 2:18-19 · Ezekiel 46: 16-18 · Luke 15:11-31

Investments · Proverbs 24:27 · Matthew 25:14-30 · 2 Peter 3:10 Money · Luke 16:1-13

Needs · Matthew 6:25-33

Planning · Genesis 37-41 - Joseph's example · Proverbs 21:5

Prosperity · Genesis 39:3 · 2 Chronicles 31:21 · Psalm 1:1-3 · Psalm 35:27 · Proverbs 10:22 · Proverbs 28:13 · Jeremiah 17:8-10 · 2 Corinthians 8:1-15 · Philippians 4:19 Provision · Genesis 41 -

Provision was through a PLAN · Exodus 15 - Moses · 1 Kings 17 - Elijah · 2 Kings 4 - Elisha · John 21:2-6 - Peter · Matthew 4:11 - Jesus · Luke 12:7 -

His People Prudence (Wisdom) · Psalm 112:5 · Proverbs 8:12 · Proverbs 12:16, 23 · Proverbs 13:16 · Proverbs 14:8, 15, 18 · Proverbs 15:5 · Proverbs 16:21 · Proverbs18:15 · Proverbs 22:3 · Proverbs 27:12 · Hosea 14:9 · Amos 5:12-13 Saving · Proverbs 21:20 · Proverbs 30:24-25

Slothfulness · Proverbs 18:9 · Proverbs 24:30-34 · Ecclesiastes 10:18 · 2 Thessalonians 3:11-12 · Hebrews 6:12

Speculation (Get-Rich-Quick Schemes) · Proverbs 12:11 · Proverbs 13:11 · Proverbs 14:15 · Proverbs 19:2 · Proverbs 21:5 · Proverbs 23:4 · Proverbs 28:19-20 · Ecclesiastes 5:15-17

Tithing and Giving · Deuteronomy 14:23 · Proverbs 3:9 and 10 · Malachi 3:10 · Matthew 23:23 · 1 Corinthians 16:1-2 · 2 Corinthians 8: 13-14 · 2 Corinthians 9:6-8 · Hebrews 7:1-2 Waste · Luke 15:13 · John 6:12

Wealth · Deuteronomy 8 · Psalm 50:10-12 · Proverbs 30:8-9 · Ecclesiastes 2:26 · Luke 12:16-21

Time Management Tips:

Mail: Touch it only ONCE, when you bring in the mail, throw out the junk mail, postcards and solicitations immediately, Open ALL bills and tear off the part you return with the payment and put in the return envelope, write the check and on the place where the stamp goes write the date you need to mail it so it gets there by the due date. File in a date order file and Mail on time. Put magazines , trade letters, sales magazines in a box , if you do not read by month end, throw the whole box away, you won’t need to see it again.

Phone: Don’t let it control your day. Schedule return calls that are convenient for you. You are not obligated to take a call immediately. You are the captain of your day.

Family: Let your family know your work schedule and when is the best time for them to reach you in your day. Except for an emergency they will learn to respect your time.

Co-Workers: Don’t let your office become the break room, if you have a door, close it so others will know you choose not to be disturbed, if they still come in and plop down, get up and say you were just walking to the rest room, step out with them, talk along the way and as you return wish them a great day, stop at your door, pause and go in alone and close the door. In a cubicle you can be more daring, use a Do Not Disturb sign, fill the extra chair with your coat, purse, lunch etc. Say “ I have a deadline”

Auto University: When traveling to and from work, school etc, use your car to catch up on Books, Seminars, lectures that are available on CD’s Ipods, cassette tapes and DVD’s In the last 5 years I have logged over 12,000 hours listening in my car. The library is a good place to borrow audio books etc. SecondSpin.com is a good place to increase your own library, not to mention Amazon.com resellers marketplace and ebay.

Calendar blocking: Use a yellow highlighter and red PEN.. Block your Personal time. Keep your family priorities in your calendar not your head. Mark them as sacred. Put weekend vacations and exercise time in your calendar first. Seminars you want to attend and regular lunch times. Once these rocks are in your calendar your waking and retiring times are easy to manage. Try monthly appointments, ie I meet my Doctor in January on the 2nd Monday, Dentist in February on the 2nd Monday, GYN 2nd Monday in March, 2nd Monday in April I see my Eye Doctor … so I have established a routine that on the 2nd Monday of every month I have a “maintenance me” time. One of these I give to my doggie Bubba for his health check. Keeping me fit as a fiddle works in my lifestyle.



Snowballing Your Bills…….
Remember when you were kids and you used your mother’s pie tins as targets for snowballs? The more snow balls you threw at the targets the faster you could send the tins flying across the yard… You can do the same thing with your bills and it’s just as fun.
Get out a regular piece of paper Draw in 5 Columns
1st Column WHO
2nd Column Total Due
3rd Column Min Payment
4th Column Due Date
5th VICTORY PAID DATE
WHO     Total Due    MIn Pymt    Due Date    Victory Date
Widgits  $160.00        $30.00         10th               Feb1,
Mstr Cd $360.00         $70.00         15th              Apr 1,
 Visa      $1000.00      $100.00         6th              July, 15th
Car         $3627.00      $300.00       26th             OCT 30

Now lets say you make just the minimum payment on all  bills but the smallest, it requires $30.00 a month but you squeeze out an additional $30.00 each month to apply to this one bill making a $60.00 a month payment instead of it going away in 5 months it’s paid and gone in 2.5 months.. Now here is where it gets good. In the 3rd month you finish paying off the Widgit bill and have $40 of your extra cash left over…….. you continued to make the $70 on Master Card so now you only owe $220 you apply the extra $40 to this bill along with the normal $70 and next month you apply $130 until it’s gone. Then you take the $60 + $70 and the regular $100 making $230 payments until the visa is paid, Finally after the Visa you start putting the additional $230 a month towards your car payment keeping a record of all your victory dates so you can celebrate your war on debt….. hitting your target each month and keeping your budget moving forward…in TEN months you are done with your bills instead of 3 years…..

Now Open a Money Market Savings Account at your local bank and watch how fast you can make your new account grow by depositing the $530 you were paying your debt with to pay yourself first and create an emergency fund so you can leave your credit cards alone. If you would like a phone consultation call 602 550 2121, please include your phone number and the best time to reach you.. or email InsPro@cox.net.



Holiday Spending Tips:

Wise men and women plan before making holiday purchases.

1.) Determine who really needs to be on your gift-giving list, remember Christmas is about giving of yourself, not about how much I can spend to impress the receiver. SET a Budget and stick to it. Divide your budget by the number of receivers you have and shop for sale items.
2.) Make your list, and stick to it.
3.) As an alternative to money purchased gifts. Do you have something you already own you can repackage and give i.e. I had a beautiful pair of earrings, I no longer cared to wear, my daughter had been eying them for several years so I repackaged them with a small gift card from Star Bucks and she was thrilled when she opened her gift.
4.) For large families I recommend drawing names for the gift exchange and limiting the gifts to a specific dollar amount all can afford.
5.) If you have to use credit, use just one card, shop one store and keep to your budget per purchase. This way when the bill arrives you only have ONE additional payment to add to your budget.
6.) Open a Christmas Club account for next year. They pay little if any interest but are a practical way to save small amounts over time. Your bank or credit union can automatically transfer money every month from your checking account to your Christmas Club account.
7.) Pay off debts quickly, and pay in cash if possible. When using credit cards for holiday purchases, use a lower-interest card and pay off that debt as soon as possible after New Year’s. Don’t borrow more than you can repay in several months. Remember that if you make only the required minimum monthly payment, you may never pay off the debt.
8.) Include charities in your giving. In lieu of a gift this year I have donated $25.00 to the food bank in your honor. Give them a receipt so they can take the tax deduction.
9.) Save yourself, time, energy, gas, stress and wrapping. Give gift cards. Some retailers carry gift cards in multiples and can be purchases all together and voila, you are done. Last year I purchased for an elderly woman at church a grocery store card, a teenager learning to drive a gas card, for my pastor a book store card and for my favorite doorman a restaurant card, hubby got the home improvement card and my secretary got a gift certificate to a local spa for a massage and facial.
10.) Resist the urge to pick up the little “cuties” by the cash register and in the isles on your way out, if the item is not on your list PASS it by.
11.) Coffee Mugs filled with singles, hot cocoa and candy make a cute, inexpensive gift for an office mate, remember it is the thought that counts.
12.) Take part in a community Angel Tree, it’s worth your time and you will feel great knowing you made a difference in the life of another.