Financial Diligence

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Proverbs 27:23 “Be thou diligent to know the state of thy flocks, and look well to thy herds.”

One of the great reasons people find themselves in a financial mess is because they are careless with their finances. God promises in His Word that He will supply our daily needs, but the problem is that many have spent what God supplied on wants and not their needs. If people were as diligent with their money as they are with their technology and pleasure, they would find that they likely have plenty of money to care for their needs and more.

The verse above commands the believer to be “diligent to know the state of thy flocks.” The “flocks” were the amount of sheep a shepherd kept. In these days, a man’s wealth was measured by the amount of sheep he owned. God is warning these people to be very careful to know the “state” of this flock. In other words, they were to know the condition their flocks were in so that they didn't lose their wealth. The shepherd was to know if their flock was sick and dying or if one or two sheep were wandering out of the flock. This command to the shepherd applies to you and your finances. Let me share several ways that you can be financially diligent with your finances.

First, be committed to a budget. One of the definitions of “diligent” is to be committed. You must have a budget that tells you how much you can spend in each area, and you must be committed to the budget boundaries. You will lose money if you are careless with your budget. Let your budget be the boss of your money, and you will always know how much money you do or don’t have.

Second, be conscientious of your tithes and offerings. Another definition of “diligent” is to be conscientious. You owe God ten percent of your income, and not to pay your tithe is to bring a curse on your finances. Being careless with your tithes and getting behind only brings a curse on your finances until you get caught up. Every week that you don't pay your tithe is one week of God’s blessings that you will miss. I would rather stay up with my tithes and be blessed than to get behind and lose those blessings.

Third, be meticulous with your expenses. To be “diligent” is to be painstakingly careful with the expenses you do have. Always look for better deals with your monthly bills. Shop around annually to see if you can lower those expenses. Get rid of the fluff of spending that you don't need. If you looked over where your money is being spent, you would realize that you are spending on things you likely don't need.

Fourth, be careful with your spending. To be “diligent” is to be careful with what you have. Put tight reins on your pleasures and wants. Stop window shopping because window shopping always results in spending money that should not have been spent. Always remember that you can have things now to satisfy your pleasures and wants and have nothing for later, or you can save for later in life to enjoy pleasures and wants. You are going to get old, so don’t let your pleasures and wants to dictate your spending habits.

Fifth, be driven to make your money work. The word “diligent” also means to be hard working. Your money should work just like you work. You work your money through investing. Be wise with your investments. Don't invest in risky investments or get-rich-quick schemes. You can increase your income if you will put your money to work.

Dr. Allen Domelle


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