Budgeting Money: What the Bible SaysНамуна

The Bible teaches us about the importance of being good stewards of the resources God has entrusted to us, and this includes being proactive in saving for the future. The verse from 1 Corinthians 16:2 says, "On the first day of every week each one of you is to put aside and save, as he may prosper, so that no collections be made when I come." This verse teaches us about the importance of setting aside a portion of our income on a regular basis.

Why is regular saving important? For one, it can help us build up a financial cushion to weather unexpected expenses or changes in income. We never know when something might come up - a car repair, a medical bill, or some other unexpected expense. By saving on a regular basis, we can help protect ourselves from financial stress when these unexpected expenses arise.

Regular saving can also help us achieve our financial goals, whether they be short-term or long-term. Maybe you have a goal of saving for a down payment on a house, for a child's education, or for retirement. By setting aside a portion of your income on a regular basis, you can work towards these goals and make progress towards achieving them.

So, how can we start saving on a regular basis? One way is to set up automatic transfers from your checking account to your savings account. This way, you can set it and forget it, and your savings will grow over time without you having to think about it. Another way is to pay yourself second (after giving, of course); that is, set aside a portion of your income for saving before you pay your bills or make other purchases. This can help ensure that you are prioritizing saving and not letting other expenses consume all of your income.