Many turn to the Bible for financial advice during global inflation.
David and Sarah Adams have a stack of bills on the table, rent has increased and groceries are expensive. Stressed over a beyond-stretchable budget, the couple looks for financial advice from an unlikely source – the Bible.
At a time when the global economy is plagued with inflation, recessions, unemployment, and uncertainty, the Adams are among many that are relying on the Scriptures to help with money management. “The Bible actually has some very practical advice for families and daily living,” said David, one of Jehovah’s Witnesses. “It is the first thing we go to whenever we need direction.”
They also use a free resource, Jehovah Witnesses’ official website jw.org, where they find many Bible-based articles that address today’s challenges. For example, the article, “How to Live on Less,” discusses four tips from the Bible on how to cope with an economic crisis:
Secrets to Living on a Limited Budget
• Accept your changed situation
• Work together as a family
• Create a budget
• Prioritize your expenses and make changes
The Adams applied this advice by replacing date nights at movies and restaurants with cooking dinner and taking long scenic walks together. “We’re saving money, living a healthier lifestyle, and drawing closer as a couple,” said Sarah. “Spending quality time with my husband is priceless and it doesn’t come with a cost!”
Keith and Cindy Williams were struggling to make ends meet as a one-income household with four kids ages 2 to 16. “It seemed like we never had enough money,” Keith said. “We found ourselves having to use our credit cards more often than we wanted.”
The article on jw.org, “How to Control Spending,” helped the Williams family apply the Bible principle found at Luke 14:28 to first calculate expenses. They made a list of necessities such as food and clothing, projected a monthly “price tag” for each category, and stayed within that budget.
“This helped us stay out of debt and also taught our children how to spend responsibly,” said Cindy. “Bible principles really do work!”
For more Bible-based articles on money management visit jw.org > search “money.” All content is free to access.
