Stewardship of Money – Money Management Tips for the Youth

stewardship of money

Many Christian youth ponder a fundamental question: Is accumulating wealth on earth contrary to Biblical teachings? This inquiry delves into the heart of a subject Jesus taught about – financial well-being and its impact on one’s heavenly journey.

We will navigate through various Bible verses, seeking to understand how material wealth can align or conflict with the pursuit of God’s glory. This discussion is about the material riches we accumulate and how they influence our spiritual path and relationship with the divine.

Key Takeaways

Wealth and Spirituality: Exploring how Christians can balance accumulating wealth with their spiritual journey to heaven.

Financial Stewardship: Understanding the responsible use of money and possessions as stewards of God’s resources.

Biblical Teachings on Money: Insights from the Bible on managing finances in alignment with God’s ownership and our stewardship role.

Purposeful Use of Money: Discuss how wise financial management reflects trust in God and aligns with Christian values.

Biblical Examples of Stewardship: Learning from scriptural stories about effective and poor financial management.

Practical Financial Tips for Christians: Guidance on spending wisely, living within means, and viewing wealth as a talent from God.

Tithing as Worship: The significance of tithing in financial stewardship and worship.

Church’s Role in Financial Literacy: The importance of church programs in educating youth about financial stewardship.

Risks of Ignoring Financial Education: Highlighting the dangers of inadequate financial literacy, including materialism and weakened faith.

What is Financial Stewardship?

Financial stewardship refers to the responsible management and use of money and possessions. As Christians, we believe everything belongs to God and are called to use our financial resources wisely for God’s purposes and glory.

The Bible clarifies that God owns everything (Psalm 24:1), and we are simply stewards or managers of the finances and possessions He entrusts to us (Matthew 25:14-30). Money is a resource God gives us to use for His purposes.

What does the Bible say about the Stewardship of money?

Our ultimate source of advice would be the holy scriptures. Here are a few bible verses about how we can be faithful stewards of money.

1. “The earth is the Lord’s, and everything in it, the world, and all who live in it.” (Psalm 24:1)

2. “Each of you should use whatever gift you have received to serve others, as faithful stewards of God’s grace in its various forms.” (1 Peter 4:10)

3. “Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.” (Luke 16:10)

4. “From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.” (Luke 12:48)

5. “Honor the Lord with your wealth, with the first fruits of all your crops.” (Proverbs 3:9)

6. “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.” (Matthew 6:24)

7. “Command those who are rich in this world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.” (1 Timothy 6:17)

8. “Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.” (Malachi 3:10)

9. “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” (Matthew 6:19-21)

10. “For we are God’s handiwork, created in Christ Jesus to do good works, which God prepared in advance for us to do.” (Ephesians 2:10)

Money is a Tool Entrusted by God (God’s money)

How we spend and manage money reflects where our allegiance lies – with God or material things (Matthew 6:21). Using money wisely and generously demonstrates trust in God rather than finding security in wealth.

Mike Michalowicz, an American author and entrepreneur, said money doesn’t change someone. Instead, it amplifies their existing character traits and habits. According to Michalowicz, money is a tool that lets people express who they are.

If someone has good habits and a strong, humble character, having more money will lead to more good actions. So, if someone has negative habits or traits, more money could worsen those issues.

Examples of Good Stewardship

Joseph in Egypt (Genesis 41)

Joseph managed Egypt’s resources well during seven years of plenty and seven years of famine. He stored grain during the plentiful years to provide for the years of scarcity. This showed foresight, planning, and effective resource management.

The Parable of the Talents (Matthew 25:14-30)

Jesus tells a story about a man who gives his servants his property before leaving. They praise the servants who invest and grow the property as good stewards. They reprimand the one who hides his talent. This story emphasizes the importance of using resources and abilities responsibly and productively.

Examples of Bad Stewardship

The Rich Fool (Luke 12:16-21)

Jesus tells of a rich man who tears down his barns to build bigger ones after a bountiful harvest. He wants to store all his grain and goods. But he dies that night and can’t enjoy his wealth. This story criticizes hoarding worldly wealth and failing to be ‘rich toward God.’ It highlights the folly of trusting material wealth instead of trusting God first.

In this story, Luke 16:1-13, the master accuses the manager of wasting his possessions. After being dismissed, he reduces his master’s debtors’ debts to secure his future. The story highlights the misuse of entrusted resources. Using earthly wealth to build relationships is important, rather than being dishonest.

Achan’s Theft (Joshua 7)

Achan keeps some of the spoils from the conquest of Jericho, which were supposed to be devoted to God’s glory. His actions have dire consequences for himself and his family. This story warns against greed and dishonesty. It illustrates the severe repercussions of poor stewardship and disobedience.

Practical Money Management Tips for Young Christians

Money May Be a Blessing or a Curse—Money is not necessarily a curse; it is of high value because if rightly appropriated, it can do good in the salvation of souls, blessing others who are poorer than ourselves. By an improvident or unwise use, … money will become a snare to the user.

He who employs money to gratify pride and ambition makes it a curse rather than a blessing. Money is a constant test of the affections. Whoever acquires more than sufficient for his real needs should seek wisdom and grace to know his own heart and to keep his heart diligently, lest he have imaginary wants and become an unfaithful steward, using with prodigality his Lord’s entrusted capital. AH 372.1

Economy Consistent With Generosity: White emphasizes that true economy is not synonymous with stinginess or narrowness. She asserts that genuine generosity is only possible when economy is practiced. This perspective aligns the economy with broad and liberal views, indicating that frugality is an essential component of true generosity​ {AH 377.1}

Wealth as an Entrusted Talent: In “Counsels on Stewardship,” White explains that followers of Christ should not despise wealth but see it as the Lord’s entrusted talent. A wise use of His gifts can bring eternal benefits. However, wealth should not be used selfishly or impulsively, as such use would not be right toward God’s kingdom, or fellow humans. (CS 133.1).

Living Within Income Limits: Ellen White cautions that many have not learned to keep their expenditures within their income limits, leading them to borrow repeatedly and become overwhelmed by debt. This situation often leads to discouragement and disheartenment (CS 249.1)​

Avoiding Unnecessary Spending: She also warns against spending money on unnecessary things, particularly for mere display or to follow worldly customs. Such practices not only waste resources but also rob the treasury of the Lord (CS 249.3)

Don’t invest in stocks, real estate, or get-rich-quick schemes, advises White. Instead, give that money to the Lord for His work and purposes. This recommendation comes from the “Counsels on Stewardship audiobook – Ellen G. White® Estate.” Love for money is dangerous. White cautions against the obsession with money, which can weaken the church’s spirituality and lose God’s favor. She suggests using money to advance the work of fulfilling Christ’s commission. (“E. G. White Quotation—Money – Adventist Stewardship”).

White believes that stewardship covers all areas of life, not just money. She thinks that God should have access to every part of us, including our money, abilities, and gifts. She exemplified this idea in her own life by practicing good stewardship in using resources (“Ellen G. White Estate Study Guides – CS”).

The importance of tithing for good stewardship of money.

Here are seven sources about tithing according to Ellen White.

1. “Counsels on Stewardship, 97” – Ellen White emphasizes the importance of not delaying the return of tithes and offerings to God, considering it a test of response to His blessings. (TithPG 19.4)

2. In “Tithing Principles and Guidelines,” it’s mentioned that tithes should be brought to the church’s “storehouse” (conference treasury) as an act of worship. (TithPG 20.1)

3. Ellen White encourages church leaders and members to return a faithful tithe, one-tenth of their increase or personal income, into the church treasury. (TithPG 20.4)

4. Local conferences or missions are instructed to remit 10% of their Tithe income to the union to the General Conference for the church’s program financing. (TithPG 21.1)

5. Tithing is described as an act of worship that provides ample funds for the church to fulfil its mission when each member fulfils it. (TithPG 21.3)

6. In “Testimonies for the Church 9:247,” it is stated that the tithe reserved for God should not be used for any other purpose or in emergencies as per individual judgment. (TithPG 21.5)

7. “Testimonies for the Church 9:248” – Ellen White mentions a specific message given to her, warning against the misuse of tithes for purposes other than what God has specified. (TithPG 22.1)

Ellen G. White provided several warnings regarding poor stewardship of tithing. These warnings highlight the seriousness with which she viewed the stewardship of tithes and the consequences of misusing them:

Misapplication of Tithe: Ellen White stated that a significant mistake is made when tithes are applied to various objects, even if they are good in themselves, but not in line with what the Lord has specified for tithe use. She warned that those who misuse the tithe this way depart from the Lord’s arrangement and that God will judge such actions. This is detailed in “Testimonies for the Church 9:248” (EGWT 27.6)​

Withholding Tithe Due to Dissatisfaction: She cautioned against withholding tithes due to dissatisfaction with the management of church affairs. She advised that concerns should be addressed openly and directly to the appropriate authorities but that withholding tithes is akin to robbing God and proves unfaithful to His work. This is highlighted in “Testimonies for the Church 9:249” (EGWT 27.8)​

Divine Displeasure for Neglecting Tithe: Ellen White emphasized that tithing is a holy duty reserved by God for religious purposes and that neglecting or postponing this duty provokes divine displeasure. She stressed the importance of all Christians faithfully bringing their tithes to God to ensure His treasury is full. This warning is found in “The Review and Herald, May 16, 1882” (EGWT 27.10)​

Money Management Tips from Modern Authors

The Total Money Makeover by Dave Ramsey

  • Focuses on getting out of debt through 7 “baby steps”: building an emergency fund, paying off all debt, building up savings, investing, etc. Emphasizes living on a budget and avoiding debt.

  • The core message is taking personal responsibility and making sacrifices now to reap financial freedom later. Relies more on anecdotes than Bible verses. Mass appeal beyond Christian audience.

How to Manage Your Money by Larry Burkett

  • In-depth Bible study on personal finances and money management principles. Emphasizes stewardship and accountability to God.

  • Covers budgeting, debt avoidance, saving, tithing, investing, retirement, and more. Takes a biblical perspective on all aspects of money management.

Your Money Counts by Howard Dayton

  • Another Bible-based guide to earning, spending, saving, investing, and getting out of debt.

  • Emphasizes stewardship mindset that all money belongs to God. Focuses on giving generously, avoiding debt, and storing up eternal treasures.

The Treasure Principle by Randy Alcorn

  • The central message is that we can’t take money with us but can invest it eternally by giving generously. Focuses on the heart behind giving.

  • Encourages investing in heaven by giving to kingdom work rather than storing up earthly treasures that fade away.

Money, Possessions and Eternity by Randy Alcorn

  • Provides a biblical theology and framework for viewing money and possessions.

  • Addresses topics like stewardship, investing, debt, work, giving, and eternity. Aims for a biblical perspective on finances.

What are some findings on financial stewardship according to studies.

Here are some key statistics and findings regarding the biggest issues in financial stewardship:

– 38% of individuals surveyed said their lack of financial literacy cost them at least $500 in 2022, with 15% saying it cost them over $10,000 (CNBC)

– As of 2006, the U.S. government reported liabilities exceeding assets by almost $9 trillion, and the present value of significant long-term fiscal exposures rose from $20 trillion to $50 trillion in 6 years (GAO report)

In nonprofit organizations, financial stewardship is about navigating complex financial compliance requirements while delivering an inspirational message about the organization’s mission. It involves setting ambitious long-term goals, mapping a strategy for achieving them, and remaining accountable for meticulous financial management.

The study “Financial Stewardship of Cooperatives” primarily focuses on integrating stewardship theory into the financial management of cooperatives. Its main point is to highlight how responsible management and ethical behavior, core tenets of stewardship theory, are crucial for cooperatives’ financial health and sustainability.

The study “Financial Stewardship of Cooperatives” shows how important it is to be really good with money in cooperatives (which are like clubs where people work hard together for a common goal). Here’s what the study found:

  1. Being Smart with Money Helps: When people in cooperatives are really smart about how they use and look after their money, things like the amount of money they make and have, get better. It’s like being good at saving and spending wisely.

  2. Not Being Careful with Money Can Be Bad: If people in cooperatives don’t take good care of their money, it can lead to problems. They might not make as much money, and it can be hard for the cooperative to do well.

  3. Tips for Being Better with Money: The study gives some cool tips on being better with money. Like making good rules about borrowing and spending money, figuring out the best prices for things, and everyone chipping in to help the cooperative grow.

  4. Good Things Happen When You’re Good with Money: When people in cooperatives are really good with their money, lots of great things happen. They can make more money, have more to spend on essential things, and everyone benefits.

So, the big idea is that being good with money is super important for cooperatives. It helps them do well and be a great place for everyone involved.

For more interesting statistics on stewardship, visit this website.

The Role of the Church in Teaching Money Stewardship

I’ve noticed that most local churches are too strong in their emphasis on spiritual growth but barely have any programs to help the youth to be good stewards with their finances.

Here are some suggestions that the local church leaders can implement to help raise awareness of financial literacy for the youth.

  1. Provide Financial Education and Coaching:

    • Offer classes, workshops, or mentoring on budgeting, saving, investing, and debt management. Understanding biblical financial principles practically and engagingly.

    • Pair young members with older, financially successful members for mentoring. Share real-life stories and experiences to make lessons relatable and meaningful.

  2. Encourage Good Stewardship Habits Early:

    • Encourage everyone, even those with little, to give generously and learn about tithing.

    • Assist youth in opening savings accounts and understanding the concept of compound interest.

    • We can help young people learn about money and how to handle it responsibly.

  3. Address Underlying Spiritual Issues:

    • Remember that money and things are gifts from God. Focus on taking care of them instead of owning them.

    • Highlight the dangers of greed and finding identity in possessions. Teach that true fulfilment is found in Christ, not money.

    • Encourage giving as a way to store up eternal treasures and break the power money can have over our lives.

  4. Offer Practical Help:

    • Host budgeting, investing, home buying, and managing student loans seminars.

    • Provide financial counselling or coaching for creating budgets and plans for debt elimination.

    • Set up mentoring relationships for money management between older and younger members.

  5. Be Open About Struggles:

    • Share stories from individuals who have overcome financial mistakes and found freedom.

    • Create a safe, accepting space for people to discuss their money problems and get help.

  6. Scholarships and Educational Support:

    • Establish scholarship funds to help young members with higher education expenses.

    • Offer information and guidance on financial aid and grants.

  7. Career Guidance and Support:

    • Conduct career counselling, job fairs, and resume-building workshops to aid in career decisions. 

  8. Encourage Entrepreneurship:

    • Help young business owners with workshops, events, and money.

  9. Practical Life Skills Training:

    • Teach skills like cooking on a budget or thrift shopping to help save money.

  10. Creating a Supportive Community:

    • Develop a community where financial discussions are open and supported. Offer peer encouragement and guidance.

The church can provide guidance for your spirit and tips for managing money wisely. Churches can impact lives by teaching young members about stewardship and money habits.

What are the dangers when the church does not educate the youth on financial stewardship?

As much as there are benefits for the church and its youth when we educate with God’s money, there are also pitfalls and dangers waiting if we don’t.

Here are some potential dangers awaiting the youth when they are not good stewards of their finances.

  1. Financial Bondage:

    • If young people don’t learn about money from the Bible, they might get in debt and be trapped, like Proverbs 22:7 says. This debt can limit their ability to be generous and support God’s work. Consumer debt, in particular, can hinder young believers from making a kingdom impact, as echoed in Hebrews 13:5-6.

  2. Materialism and Greed:

    • Young people are more likely to be materialistic and greedy, especially in today’s culture. This is because they are not taught biblical financial principles. The relentless pursuit of wealth can lead to discontentment and a deviation from faith, contrary to the teachings of 1 Timothy 6:6-8.

  3. Poor Stewardship Habits:

    • If young believers aren’t taught about money, they might spend too much and not save (Proverbs 21:20). Such habits reflect a failure to recognize that all resources belong to God, and we are called to manage them wisely (Matthew 25:14-30).

  4. Lack of Kingdom Investment:

    • If young people don’t learn about money, they might spend it all on themselves instead of saving for the future (Matthew 6:19-21). Proper biblical financial education can help them learn to use money for ministry, meeting needs, and spreading the gospel.

  5. Vulnerability to False Teaching:

    • Young believers without good financial knowledge can be easily misled by teachings like the prosperity gospel (2 Peter 2:1-3).

  6. Missed Opportunities for Generosity and Giving:

    • Young people who don’t understand financial stewardship might miss the chance to develop a generous spirit. This is encouraged in 2 Corinthians 9:7 and can lead to a lack of joy in giving.

  7. Weakening of Faith and Witness:

    • Financial stress, due to poor money management, can weaken faith and the ability to effectively witness to others. Learning to trust God with finances, as in Philippians 4:6-7, is crucial.

  8. Disconnection from Community and Missions:

    • When young people have financial struggles, they may disconnect from church life and missions. This causes them to miss out on the blessing of giving, as mentioned in Acts 20:35.


Thinking about whether it’s okay to have wealth or if it makes getting to heaven harder, we see that for Christians, managing money isn’t just about being rich or poor. It’s about how we use what we have in a way that matches what God wants.

For young people, learning about money – like how to save or plan for the future – is really important. But it’s not just about the money itself. It’s about making choices with their money that fit with their Christian beliefs.

So, handling money wisely isn’t just a smart thing to do; it’s a part of being a good Christian, just like praying or reading the Bible. When young people learn to manage their money well, they’re also showing that they want to use what God has given them in the best way possible.

In the end, being good with money is more than just making smart choices; it’s a way to show faith. It’s about knowing that everything we have is a gift from God and using our money in a way that shows we believe this. Let’s help young people see that being smart with money and growing in their faith can go together.

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