Spend less than you earn. I know this sounds very simple and elementary. It is just that. It is nonetheless the first and most fundamental step on your journey to build wealth. You can adjust the relationship by increasing earnings or decreasing spending… or both. But if you deny this fundamental law and spend more than you earn you are accumulating debt rather than wealth, no matter how much money you make.
Learn to be content with what you can afford and what you already have. Do not covet what others have or you will never be satisfied. There is always someone out there with more stuff than you.
- Prov 13:11 NIV – 11 … whoever gathers money little by little makes it grow.
To those who love money, they will never have enough. Use money as a tool to serve God and to support yourself and your family, not as a goal in and of itself.
- 1 Timothy 6:9-10 – 9 But those who want to get rich fall into temptation and a snare and many foolish and harmful desires which plunge men into ruin and destruction. 10 For the love of money is a root of all [a]sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs.
- Ecclesiastes 5:10 – 10 He who loves money will not be satisfied with money, nor he who loves abundance with its income. This too is [a]vanity.
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Remember that all you have belongs to God. Manage your money God’s way and use it for His glory rather than your own. Visit GrowGodsMoney.org .