5 Steps to Financial Freedom

Posted on Monday, December 5, 2016 by K-LOVE Pastors

5 Steps to Financial Freedom

And this same God who takes care of me will supply all your needs from His glorious riches, which have been given to us in Christ Jesus. – Philippians 4:19 NLT

 

Whether it involves a crisis like job loss, overwhelming debt, or simply lacking the funds needed to survive, many of us struggle with finances. When you are struggling financially, it's not unusual to feel vulnerable, frustrated, and even afraid. You might make poor decisions out of desperation that you'll regret later. You can even begin to doubt your faith if you aren't careful.

 

Here are a few key action steps to take toward financial freedom:  

1. Know that God hasn't abandoned you.We serve an awesome God and a good Father. He loves you and walks beside you amid your financial difficulties. He responds to us by saying, "Come to me, all of you who are weary and carry heavy burdens, and I will give you rest" (Matthew 11:28). 

2. Make an honest assessment. Figure out what's causing your financial trouble. Is it a spending habit, an addiction, unexpected bills, or lack of income? Then, ask yourself this question: How am I using the money God has entrusted me with?  

3. Thank God for what you do have. Make a gratitude list and thank God for His provision. Gratitude can go a long way!  

4. Develop a written budget.Take time to write out your budget at the beginning of every month. Have a clear written plan and stick to it.  

5. Seek God and trust Him to help you. During your financial trouble, ask Him for direction and wisdom. Are there any changes that need to be made in your spending habits? Seek the Lord for answers, and keep your eyes fixed on Christ.  

Below are some scriptures to help you know what God says about finances. We've also included devotions and resources on the central finances page to assist you during this financial trial. If you want prayer or to talk about your money issues, feel free to call the pastoral care team at 800-525-5683. 

 

Additional Scriptures: 

Proverbs 3:9-10 NLT 

Honor the LORD with your wealth and with the best part of everything you produce.  Then he will fill your barns with grain, and your vats will overflow with good wine. 


Philippians 4:19 NLT

And this same God who takes care of me will supply all your needs from his glorious riches, which have been given to us in Christ Jesus. 


1 Timothy 6:10 NLT 

For the love of money is the root of all kinds of evil. And some people, craving money, have wandered from the true faith and pierced themselves with many sorrows. 


Proverbs 13:11 NLT

Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time. 


Malachi 3:10 NLT 

Bring all the tithes into the storehouse so there will be enough food in my Temple. If you do,” says the LORD of Heaven’s Armies, “I will open the windows of heaven for you. I will pour out a blessing so great you won’t have enough room to take it in! Try it! Put me to the test!

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