Why Money Management Matters


There are several reasons why managing our money appropriately is very important as a believer. Here are just a few:

  • Money stresses us out. It causes many tears. Stressed parents don’t parent well. It affects your friendships, your job performance, and your parenting. When we don’t have a plan in place and we don’t our finances in order, we stay up at night. We worry. We fret. And that translates into many other areas of our lives. It doesn't parlay into a good witness for others, when we are always stressed out. 
  • Jesus died for our salvation, and he died that we may be set free. That freedom is intended for our spiritual lives, of course. And no, I'm not preaching some prosperity gospel that Jesus wants to pad your banking account. But money can absolutely be bondage for us that can cause us to be enslaved to our thought process or poor decisions. Poor money management can be a culprit in addiction. As Christians, we want freedom in all areas, so that we may be a living example of who Christ is living through us. Make no mistake. I’m not talking about some frivolous pursuit to secure worldly riches. I simply mean having the freedom to know that our financial situation isn’t a hindrance in our faith walk.
  • We want to leave our children a legacy. Proverbs 13:22 says Good people leave an inheritance to their grandchildren. Did you notice it doesn’t even say children, rather grandchildren? What an important word for us! We are to be good stewards of that which the Lord has given us in hopes of leaving something behind for our children and their children.
  • Wisdom. Proverbs 24:3 says A house is built by wisdom and becomes strong with good sense. Healthy money management leads to freedom.
  • If you are a single person, you want to move into a new relationship healthy. As a single person, it's important to have healthy money management, so that you aren't prompted to marry, simply to make things easier on you financially. It is easier not to jump into a new relationship out of sheer financial desperation, when you’ve taken good care of that which has been entrusted to you. 


Jennifer Maggio is considered a leading authority on single parents and womens issues. She is an award-winning author and speaker who draws from her own experiences through abuse, homelessness, and teen pregnancy to inspire audiences everywhere. She is chauffeur, chief dishwasher, carpool queen, and duct tape aficionado. But more importantly, she is passionate about teaching women how to find complete freedom in Christ. She is founder of The Life of a Single Mom Ministries and writes for dozens of publications. She has been featured with hundreds of media outlets, including The 700 Club, Daystar Television, Moody Radio, Focus on the Family, and many more. For more information, visit thelifeofasinglemom.com.

Photo courtesy: ©Thinkstock/SARINYAPINNGAM


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