Monday, April 17, 2023

Daily Devotion: Love of Money, Part 1

Bible Reading:  Joshua 7:1-26

Key Verse: Verse 21 When I saw among the spoils a goodly Babylonish garment, and two hundred shekels of silver, and a wedge of gold of fifty shekels weight, then I coveted them, and took them; and, behold, they are hid in the earth in the midst of my tent, and the silver under it.”

Key Words: I coveted them

Achan certainly had a love for money and the material things of the world.

In I Timothy 6:10 the Apostle Paul warns Timothy about loving money.  He said, “For the love of money is the root of all evil: which while some have coveted after, they have erred from the faith and pierced themselves through with many sorrows.”  This verse reveals to us a three-fold danger in regard to loving money.

1.       The love of money causes us to covet.

2.       The love of money causes us to err from the faith.

3.       The love of money causes us to have many sorrows.


It is for this reason I have developed the philosophy that I will give more to God each month than I give to anything or anyone else.  My largest financial outgo each month will always be to God.  This philosophy helps me in the following ways.

  • It causes me to place God first in my finances.

  • It causes me to pray about major purchases.

  • It keeps me from over-committing myself financially.

  • It keeps me from buying impulsively.

  • It keeps me from breaking the first commandment: “Thou shalt have no other gods before me.”

  • It keeps me from breaking the tenth commandment: “Thou shalt not covet.”

  • It certainly helps me keep my budget in line.

  • It causes me to ask God to supply rather than to depend on myself.

             I am convinced that many families are strapped financially simply because they do not apply any spiritual principles to their purchases.  Let me close by saying something I always say in regard to money, “Show me where you spend your money and I will show you where your heart is.”  We are told in Matthew 6:21, “For where your treasure is, there will your heart be also.”  May our hearts always belong to God and then the money problems will cease to exist.  Really, they will.

What to do:
✞ Apply Biblical principles to the use of your finances.

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