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Financial Wisdom from the Wisest Man Who Ever Lived (Part 2)

close up shot of printed paper

Today we are going to look at PART 2 in our new feature about the wisdom of Solomon with you regarding good money management

Over the coming weeks, we are going to look at several of the wealth management principles he shared. If you apply these money management principles, you be successful. 

King Solomon had an encounter with God. We are told “At Gibeon the Lord appeared to Solomon during the night in a dream, and God said, “Ask for whatever you want me to give you.” (1 Kings 3:5)

But do you know what Solomon asked for? He could have asked for anything, yet he asked God, “Give me an understanding heart so that I can govern your people well and know the difference between right and wrong.” (1 Kings 3:9)

We are told that “The Lord was pleased that Solomon had asked for wisdom.” (1 Kings 3:10)

And God told Solomon, “Because you have asked for wisdom in governing my people with justice and have not asked for a long life or wealth or the death of your enemies— I will give you what you asked for! I will give you a wise and understanding heart such as no one else has had or ever will have! And I will also give you what you did not ask for—riches and fame! No other king in all the world will be compared to you for the rest of your life! And if you follow me and obey my decrees and my commands as your father, David, did, I will give you a long life.” (1 Kings 3:11-14)

God gave Solomon great wisdom and an understanding heart.

God said that Solomon’s wisdom would be greater than anyone else who will ever live.

God said that Solomon’s wisdom would be greater than anyone else who will ever live. Thank God Solomon wrote down his wisdom! Not only did God give Solomon incredible insight to lead his people, but He also gave Solomon perspective on how to live a good long life and gave him secret insights into wealth and success

The wisdom that God blessed Solomon with ensured that his people lived in peace, prosperity, and security. 

How do I know this? 

Well, we are told, “The people of Judah and Israel were as numerous as the sand on the seashore. They were very contented, with plenty to eat and drink.” (1 Kings 4:20)

And again, “During the lifetime of Solomon, all of Judah and Israel lived in peace and safety. And from Dan in the north to Beersheba in the south, each family had its own home and land.” (1 Kings 4:25)

Solomon’s wisdom brought “peace and security” and “each family had their own home and a land” where they could live, raise their families, and provide for their loved ones.

When you look at the current status of our world, we sure can do with the wisdom of Solomon!

I am so grateful that God got Solomon to write down his wisdom and include this in the Bible so that we can apply it to our lives. 

Last week we looked at what King Solomon said about the importance of having… 

  • A PLAN
  • TRUST IN GOD to help you

Today we are going to look at three principles that King Solomon has given regarding GIVING, PRIORITIES, and MAKING GOOD DECISIONS that can greatly benefit you when it comes to your money management and life decisions… 

1. Be Generous

 “Give freely and become more wealthy; be stingy and lose everything. The generous will prosper; those who refresh others will themselves be refreshed.” (Proverbs 11:24-25)

“Blessed are those who are generous, because they feed the poor.” (Proverbs 22:9)

“Honor the LORD with your wealth and with the best part of everything you produce. Then he will fill your barns with grain, and your vats will overflow with good wine.” (Proverbs 3:9-10)

King Solomon has shown us that when we put God first and give him our best by being generous and helping those who are less fortunate than us, God will bless us in abundance. 

Are you generous? Are you a giver? 

2. Get Your Priorities in the Right Order 

“Do your planning and prepare your fields before building your house.” (Proverbs 24:27)

I need to encourage you to give to God before you spend your income on other areas. If you don’t make it a priority, there will always be something else that steals your cash flow. 

You also need to secure your income or business and set up your savings and investments before you spend money on property and building your home.

If you don’t have regular consistent income, how will you manage to cover your mortgage repayments and costs associated with your home?

And if you don’t have funds set aside to cover emergencies, how will you be able to maintain your home? 

If you don’t set up a strategy to build up your growth investments for retirement before you buy a home, you will battle to start this in later years and there will always be something else that will need to be paid which can end up preventing you from investing in your future.

A priority is something more important than another.

Put first things first. 

Are your financial priorities in the right order? 

3. Make Good Decisions 

“A wise person chooses the right road; a fool takes the wrong one.” (Ecclesiastes 10:2)

If you take the wrong road, you will not arrive at your expected destination. 

Make wise choices. Review your options. Don’t act in haste. Get on the right road. 

Have you taken the wrong road?

If you are heading in the wrong direction or if the road you are heading on is going to lead to destruction, then stop! Consider where you are heading. Do a U-turn if needed. Reset your GPS. Get on the right road. 

Be Generous. Get Your Priorities in the Right Order. Make Good Decisions.

Today we have looked at 3 principles that you can apply to your money management, as given to us by the wisest man who has ever lived…

  • Be generous
  • Get your priorities in the right order 
  • Make good decisions

If you apply this wisdom, you will set yourself up for a brighter future. 

Be generous. When you put God first and give, he will bless you abundantly.

Put first things first. When you get your priorities right, you can get your life and financial affairs in order.

Make wise choices. Good decisions will lead you on the pathway to success. 

Next week we will continue in the series and look at a few life-changing financial principles shared by the wisest man who ever lived.

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