One of the foundational principles of a Biblical understanding of finances is summarized in Psalm 24:1 - “The earth is the LORD’s, and everything in it, the world, and all who live in it;” Everything we have is a gift from God. There are several implications of this:
Humility. Something I have reflected on recently is how fragile financial assets are even as they grow. Job 1:21 - “The LORD gave, and the LORD has taken away.” There are countless ways everything could go away. I could see how this concept would give a sense of concern but personally it kind of gives me peace. I think it comes down to a right understanding of God.
Stewardship. If everything is a gift from God, we need to steward everything. We are intentional with what we have been given, whether that is going to the grocery store or buying a new home. It carries a general sense of taking care of what you have and producing fruit with what you have been given.
Generosity. Living with open hands. Deuteronomy 15:11 says, “There will always be poor people in the land. Therefore I command you to be openhanded toward your fellow Israelites who are poor and needy in your land.” Don't close your fist around something that was a gift to begin with.
Gratitude. There is an old hymn that says “Praise God from whom all blessings flow.” Live with gratitude. We are rich. Enjoy the blessings you have received and praise God for it.
Take time to recognize and rest in this - Psalm 24:1 - “The earth is the LORD’s, and everything in it, the world, and all who live in it.” Imagine a place where everyone lived with humility, stewardship, generosity, and gratitude.