Budgets?!? WHY?????


A new year is coming quickly upon us, and 1/1 is the best day of the year to begin a new budget.  Why?  Because it is a fresh start.  Whatever you spent in previous months is irrelevant, because the new year is, well, new.  You haven’t spent a dime in 2014 yet!

So, before 2014 begins, let’s prayerfully make a plan for how to spend all of those dimes.  Joe McGee and Dave Ramsey say that either you tell your money where to go or it ends up telling you where to go.  The idea of a budget is to realize that you’re spending a finite amount of money that does not belong to you.  You need to take control over which direction it goes.  But first, why? 

Dime Listening

Tell me where to go, boss.  I’m listening!


  1. Stewards of God’s stuff: The most important part is that we are stewards of God’s property. It’s not ours…everything we manage belongs to God.  Think of the parable of the talents…when you waste money you’re wasting His money.
  2. Fences:  Another nice concept is the idea of boundaries or fences.  We need to set boundaries with our time, boundaries with our relationships, and boundaries with our money.  It comes back to moderation. I can spend a little bit of time watching TV and it’s not a problem, but if I spend 50 hours a week watching TV I’m probably going to create a problem.  Similarly, if I spend more than I make I will have a problem before too long. Budgeting helps you to set boundaries to keep things from getting out of control.
  3. Growth:  Remember, money does not grow on trees, but like trees, money takes a long time to grow.  So, if you’re going to retire someday you’d better start soon.  If you’re going to build a house next year you better start today.  If I’m going to send 4 kids to college I’d better start saving yesterday.  None of those things will happen if we don’t set a budget and stick to it.  That money will not just magically pile up unless you plan for its pileup by deciding not to spend it on other stuff first.
  4. Priority Support:  Sometimes I get in the mindset that spending money is a bad thing.  It’s not.  (Remember, I’m stingy.) Spending money on the wrong things is a bad thing. Or maybe a better way to put it:  spending money on things that don’t meet our goals or that don’t meet our values? That’s a bad thing.
  5. It’s a Tool:  Last, money is a tool. We will talk about this more in the future, but money is a tool and it should be used to fulfill your purpose. Use your money to carry out your agenda, your master plan, your vision, your quest for world domination!  It’s no more moral than a shovel or a hammer…you will need all of these tools to do what you are supposed to do.

 Summary: Self-Control and Self-Denial

Money is just one more opportunity that you can practice self-control and self-denial.  Do you have what it takes to exercise self-control with your money?  Quick warning: Jesus says that if He can’t trust you with money He probably can’t trust you with more important things. (Luke 16:11)

Stay tuned over the next couple weeks for more posts that provide more practical advice.  In the meantime, please let us know…what do you want to hear about?  What questions do you have?  What insights do you have to share?  What practical tips can you give me?  What profound revelations can you provide?

Let’s make 2014 a year where we take our money management to a whole new level! 


Budgeting/Money Verses: 

Good planning and hard work lead to prosperity, but hasty shortcuts lead to poverty.
Proverbs 21:5 (NLT)

Commit your actions to the Lord, and your plans will succeed.
Proverbs 16:3 (NLT)

We can make our plans,but the Lord determines our steps.
Proverbs 16:9 (NLT)

Be sure you know the condition of your flocks, give careful attention to your herds
Proverbs 27:23 (NIV)


4 thoughts on “Budgets?!? WHY?????

  1. Dan Hanson says:

    My father used to tell me that most people need to decide what makes them happy–lots of small things or fewer big things. His reasoning was that most of us can’t afford both. If we fritter away our money on lots of small things we won’t be able to buy that house, car, boat, or trip that we want so badly. This was brought home to me in a big way the first time I looked at my credit card bill. I looked at the total and said, “No way can those little $10 and $20 items add-up to this total. After engaging my calculator I was dumbfounded that indeed those little things added-up to over $800. Wow ! “I need to make some changes. Dad was right !”

    1. Nate says:

      Good points, dad. Thanks for sharing!

  2. Ruth says:

    Great Post and loved the scriptures! I used to not look forward to Jacob and I’s budget talks very much but as time has gone on and we have plowed through the hard talks I feel like our heart and vision has gotten more in line into ONE vision which is a blessing. We are both on board now with the hard work and attentiveness it takes to have a good budget system but it’s so worth it! We know where every cent is going each month and we save for the big expenses in the year (car repairs, Christmas, vacation, etc.) so then there is no guilt or stress when those expenses come up. Budget used to sound like “restriction” to me and now I think of “freedom” when I hear that word!! 🙂 Dana’s comment made me think of a quote I read and posted near my computer because I thought it was a good daily reminder for me (since I love to buy the “little” stuff) :

    “Beware of the little expenses; a small leak will sink a great ship” – Benjamin Franklin

    1. Nate says:

      Thanks for the comments, Ruth! Dana and I have been married for 11 years (and counting), and each year ‘the budget talks’ have gotten easier. I have gotten better at being sensitive and understanding her perspective, and Dana has been able to hear my words as an objective discussion rather than a personal attack on her.
      I really like the contrast that you made: from “Restriction” to “Freedom”! I think that is true of every part of our life…the more we are able to manage things the more freedom that we can have. Thanks for sharing!

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