Nov 07 2010
Keeping Financial Records is Biblical
One of my weakness in my finances in keeping good records. I don’t budget. I don’t forecast. I don’t write down where my money went. The bible clearly states I have to keep a record:
Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations.
Proverbs 27:23-24
Right now I’ve been diligent on keeping out of debt, and consciously trying to curb spending. But if I don’t know what I’ve been spending, I’ll tend to spend more because I have the impression that I need more.
The accounting of my spending is important. I need to obey God to avoid financial disaster.