Bible verses about the importance of saving

Since God provides everything we need, should we still save money?

As Christians, we should also learn more about managing and thinking about money so as not to lead us from distractions. Based on research, 80% of people’s problems are solved through money. 

Moreover, money is a touchy subject for many, wrapped up in various emotional and psychological complexities. Yet, its importance in our lives is undeniable. We work for it, dream about it, and sometimes even fight over it. 

Thus, we should learn the Biblical perspective on how we could handle it in a way that it pleases the Lord.

Bible verses about the importance of saving money

God has entrusted us with His wealth, including our income. Thus, we should be good stewards of God’s blessings. Saving in times of need is one of the best ways to handle our finances, and it pleases the Lord when we do.

To convince us more that saving is Biblical, Let us see what the Bible says about saving money.

1. Proverbs 6:6-8"Go to the ant, O sluggard; consider her ways, and be wise. Without having any chief, officer, or ruler, she prepares her bread in summer and gathers her food in harvest."

2. Proverbs 13:11"Wealth gained hastily will dwindle, but whoever gathers little by little will increase it."

3. Proverbs 21:20"Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it."

4. Proverbs 27:23-24"Know well the condition of your flocks, and give attention to your herds, for riches do not last forever; and does a crown endure to all generations?"

5. Genesis 41:35-36"And let them gather all the food of these good years that are coming and store up grain under the authority of Pharaoh for food in the cities, and let them keep it."

6. Proverbs 22:3"The prudent sees danger and hides himself, but the simple go on and suffer for it."

7. Ecclesiastes 11:2"Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth."

8. Proverbs 10:4-5"A slack hand causes poverty, but the hand of the diligent makes rich. He who gathers in summer is a prudent son, but he who sleeps in harvest is a son who brings shame."

9. Proverbs 28:20"A faithful man will abound with blessings, but whoever hastens to be rich will not go unpunished."

10. Proverbs 14:24"The crown of the wise is their wealth, but the folly of fools brings folly."

11. Matthew 6:19-21"Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven."

12. Luke 14:28-30"For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?"

13. 1 Timothy 6:17-19"As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God."

14. 1 Corinthians 16:2"On the first day of every week, each of you is to put something aside and store it up, as he may prosper, so that there will be no collecting when I come."

15. 2 Corinthians 9:6-7"The point is this: whoever sows sparingly will also reap sparingly, and whoever sows bountifully will also reap bountifully."

16. Acts 20:35"In all things I have shown you that by working hard in this way we must help the weak and remember the words of the Lord Jesus, how he himself said, 'It is more blessed to give than to receive.'"

17. Philippians 4:11-13"Not that I am speaking of being in need, for I have learned in whatever situation I am to be content."

18. Romans 13:8"Owe no one anything, except to love each other, for the one who loves another has fulfilled the law."

19. Hebrews 13:5"Keep your life free from love of money, and be content with what you have, for he has said, 'I will never leave you nor forsake you.'"

20. James 4:13-15"Come now, you who say, 'Today or tomorrow we will go into such and such a town and spend a year there and trade and make a profit'—yet you do not know what tomorrow will bring."

21. 2 Thessalonians 3:10"For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat."

22. Galatians 6:7"Do not be deceived: God is not mocked, for whatever one sows, that will he also reap."

23. Matthew 6:24"No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money."

24. Luke 12:15"And he said to them, 'Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.'"

How to save money from Christian perspectives

Managing money can be tough, but the Bible gives us good advice on handling it wisely. 

Here are five easy-to-follow steps that mix smart money choices with Christian beliefs to help you build a better financial and spiritual future.

1. Tithing

Tithing is a fundamental principle within Christianity. Before saving, allocate 10% of your income to your church or other charitable organizations. 

While this might sound like the opposite of saving, it's a reminder that we should put God first in all areas of life, including finances.

2. Create a budget with prayerful consideration

Sit down and list all your sources of income and expenses. As you do this, pray for wisdom and guidance. 

It's essential to know where your money is going so you can make informed decisions about what is necessary and what can be cut out.

3. Set Up an emergency fund

Proverbs 27:12 advises, "The prudent see danger and take refuge, but the simple keep going and suffer for it." 

It's wise to have an emergency fund that can cover three to six months of living expenses. This is not a lack of faith in God's provision but rather a wise move to prepare for unforeseen circumstances.

4. Avoid debt

Romans 13:8 tells us, "Let no debt remain outstanding, except the continuing debt to love one another." Avoid consumer debt like the plague. 

If you are already in debt, make it a priority to pay it off as quickly as possible. The sooner you're debt-free, the sooner you can allocate those resources to saving and giving.

5. Invest wisely

Investing isn't gambling if done wisely. It's a way to grow the resources God has provided you. 

Whether it's investing in a retirement fund, stock market, or other avenues, the goal is to grow your resources for future use and philanthropy.

God provides, but we need to save

Let us acknowledge God as the ultimate provider. However, this belief does not negate the need to save but provides a healthy perspective that prevents money from becoming an idol. 

Money is a tool provided by God, and we are stewards of this resource.