I feel the burden of financial responsibility. It’s rooted deep, something that I can’t escape. It’s ever-present, always there whether I like it or not. It’s a responsibility that means something more than just the need to make money.
It’s a responsibility to manage it well and ultimately take care of my family. Money is an important topic and makes blogs like ChristianPF so popular why? Because it is a part of all of our lives, and how we handle it as Christians makes all the difference in the world.
This is what I’m financially responsible for. This is my burden and my joy: to make a good living for myself, those I love, and those God calls me to love – everyone.
What Is Financially Responsibility Today?
There are a few core elements of financial responsibility that I know has produced much fruit in my life. I’m sure these tidbits will help you as well.
- Living debt free. This is by far the best thing I’ve ever began. By starting to live debt free, I’ve been able to keep the money that I’ve earned; not having to make payments and seeing my income depleted upon arrival. I decided to take it to the extreme – cutting up my credit cards and not taking out any more loans. I believe that living debt free is a great way to be responsible with your money. By spending money that you’ve already earned, you won’t have to worry about paying the money back later. Brilliant!
- Having an emergency fund. Grandma’s rainy day fund was built for a purpose. In the old days, credit cards didn’t exist. In the old days, loans weren’t easy to obtain. In the old days, people saved up money to buy things, not using other people’s hard-earned cash. The emergency fund was therefore even more important as people didn’t have a reliable way to pay for life’s misfortunes that came their way. Debt is generally financially irresponsible, so for those who go without debt, emergency funds are ever more important. You can learn more about becoming debt free and building your emergency fund here.
- Creating a budget. Many people think of a budget as something that they really don’t need to do, since they “know” how much money they have in their checking account. But I dare say that the most benefit I’ve gotten out of maintaining a budget hasn’t been for the immediate results, but the long term improvements. For example, a budget has showed me I needed to make more money. So, I quit my job for one that paid me more. My budget showed me how long it would eventually take to pay off my mortgage, invest, and have enough money for a comfortable retirement. In other words, it gave me a long term perspective – and that’s indispensable!
- Giving until you’re uncomfortable. If we’re not careful, we might forget the joy of giving while we’re working toward our other financial goals. It’s irresponsible to not give on a regular basis. I believe that tithing is a great start, because it takes our focus off ourselves and allows us to systematically help the church. If you feel God is calling you to give more, by all means do so!
These are just a few of the many ways to be financially responsible. My primary focus is to handle money as if it were not mine, but God’s. It’s all God’s anyway, right? Doesn’t God own the earth? Isn’t everything made by the Creator? All of the earth’s resources belong to the one who made us, so wouldn’t money as well? Of course it does!
The Lord calls us to be responsible (as good stewards) with the resources provided to us. In what ways are you handling those resources well? Meet us in the comments!