Psalm 118:25 – Save now, I pray, O Lord; O Lord, I pray, send now prosperity.

Let us dispel some of the religious falsehood that surrounds the subject of money:

1. Poverty is next to spirituality. Wrong! The Bible never once relates spirituality to poverty. God condemns the misuse or the preoccupation with money, not the money itself. In fact, God lists the production of money as a spiritual gift. In Romans 12:5-8, He describes the gift of giving. You can’t give unless you produce wealth, so the whole idea that poverty is spiritual is incorrect.

2. Money is the source of happiness. Wrong! Though money can bring some happiness, it is only temporary and superficial. Paul tells Timothy in 1 Timothy 6:17 “Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy.”

3. To be wealthy is a sin. Wrong! Having money is not a sin. As a matter of fact, many times when God finds someone with the proper attitude, He blesses them with great riches. Psalm 8:6

4. Money is the root of all evil. Wrong! This is a misquote of 1 Timothy 6:10. What it actually says is, “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” This is God’s perspective, that when you begin to love money you put money first and everything, including God, second and that is idolatry.

What exactly is financial bondage? As we look in the Bible, it becomes obvious that excessive debt led to bondage. If a man who owed money to a creditor could not repay his obligations, then the lender has the right to imprison him until he could pay up every cent. The lender then owned everything that had once belonged to the debtor – his wife, kids and all of his possessions.

Christians become involved in the world system just as much as non-Christians and begin to purchase goods and services on impulse. Credit cards have supplied the means of buying on impulse, allowing everyone to encumber himself/herself far beyond his/her ability to repay.

The scriptural definition of a debt is the inability to meet agreed-upon obligations. When a person buys something on credit, that is not necessarily a debt, it is a contract. But, when the terms of that contract are violated, scriptural debt occurs.

Many Christians today are in bondage to excessive debt and misuse of their finances has ruined their testimony and has damaged their spiritual lives.

Financial bondage can also exist through an abundance of money. Some Christians have been supplied a surplus of money and have misused or begun to hoard it. The accumulation of wealth and material pleasures of life can be an obsession that will destroy a Christian’s health, fragment the family, promote separation from friends, and block God’s will for their lives.

God wants us to save money and keep some in reserve, but there is a distinct difference between saving and hoarding money.

The wealthy have a great responsibility to understand why God gave them money and to avoid hoarding it.

A factor that can seriously hinder the generation of finance is the lack of commitment to God’s work: You are in financial bondage if there is no financial commitment to God’s work. This principle is basic to Christian financial management. Proverbs 3:9-10 says, “Honour the Lord from your wealth and from the first of all your produce; so your barns will be filled with plenty, and your vats will overflow with new wine.” It is only by honouring the Lord from the first part of our incomes that God can take control. We are stewards; God is the owner. The tithes that we give to God are a testimony of His ownership. The Christian who fails to give a minimum testimony to God never acknowledges that He is the owner.

Financial freedom manifests itself in every aspect of the Christian’s life – relief from worry and tension about overdue bills, a clear conscience before God and before others, and the absolute assurance that God is your source.


For further study:

Romans 12:5-8, Psalm 8:6

Personal declaration for the day:

My father and my God, every riches you have for me, I receive with joy and gladness in Jesus name.

Questions for you to reflect on:

What is your perspective on money and you have having riches?

From where did you get your perception?

How do you think God feel when his children are poor?