Am I a Good Steward with God’s Money?

Joshua Stamm

For many Christians, handling money in the right way can be a challenge. In this culture of easy credit, some families find it difficult to manage their income and expenses properly, and some even find themselves a slave to creditors. Whether you are just starting on your financial journey or are retired and planning for the next generation, we will discuss how to avoid common mistakes that many people make and be the best steward of what you have been entrusted to manage.


Have a Plan

I know that many of you are rolling your eyes right now and wanting to tell me that this isn’t anything new. I would agree with that sentiment, but much of the data tells us that less than five percent of families have a written plan of their financial goals and how they intend to achieve them. Early in life, families establish patterns and habits that follow them throughout their years. We have found that the best place to start is fully understanding your actual income and expenses and then discussing what financial goals you might have. We love working with families to help them through this process, but you don’t have to work with a professional. You just have to be willing to be completely honest about where you are and how you will get to where you want to be.


For example, you may have a heart to support missions, but if you fall short each month in paying your bills, you need to be honest about where you are willing to sacrifice to support the ministries God has put in your heart. It might not be that you have to cut something out of your budget, but it might mean that you decide to increase your income. Whenever I teach classes to newly married couples, I tell them that there is no magic bullet. You either have to spend less or earn more.


Don’t Measure Your Success by Someone Else

I remember when the light bulb went off for me! I was in my early twenties, and I was working myself to death because I had this silly goal of wanting to amass a certain amount of money by a specific age. I wanted to be a millionaire by the time I was forty years old. I look back at that now and see how worldly and foolish it was to set such a goal.


In Philippians 2:3-4, Paul writes, “Do nothing out of selfish ambition or vain conceit. Rather, in humility value others above yourselves, not looking to your own interests but each of you to the interests of the others.” I realized that God has a unique path for each of us, and my ambition was to be pointed outward. I wasn’t to pursue “stuff” for myself and was to be serving those around me. God would take care of my needs as I strove to serve others.


It is very easy to fall into the trap of keeping up with the Joneses. Don’t get me wrong; money is not the root of all evil, but the love of money is! Don’t worry about someone else