A friend recently asked me if she and her husband should buy an electric vehicle because the cost of driving his truck has risen to $700 per month due to higher gas prices. The recent rise in inflation is having a significant effect on American households, and everyone is scrambling to find ways to make their money go further.

Explore Gratitude - The Key to Financial Balance through a biblical lens, with practical next steps for your faith and finances.

If you’re a regular consumer of our content, you know we’re passionate about Biblical stewardship and generosity. Our mission is to train and equip church leaders to teach Gods’ financial principles to their congregations. Why do we do this? Because money is a primary competitor with Christ for our heart and devotion. You really can’t serve two masters, and that’s why we exist; to help people understand this truth and not be deceived into living a life pursuing the wrong things.

Growing up, I recall the Christmas season being about giving. Everyone focused on buying something for their loved ones. Somewhere along the way, the notion that we should also treat ourselves to something special got thrown into the mix.

The other day my wife Natalie and I were casually talking about where we are regarding our retirement plans. After about 30 minutes of looking and talking through the different income sources we expect to be drawing from, an uneasy, perhaps even fearful mood gripped both of us. For a brief period of time, filled with worry about the future, we lost focus of who we are and what we've been called to be, faithful followers of Christ, seeking God's will and not our own.

When I was 18 years old, my dad cosigned an application so I can get a credit card. I don't recall our conversation. I just remember getting the credit card because somehow, I talked my dad into cosigning with me. I never asked my dad why he did it. I guess it's because I know what he would say. To him, I was a risk worth taking, and I'm sure he believed I would own up to the responsibility of making the payments. I'm happy to report he's never had to make a payment on my behalf. Still, like many Christians today, my dad cosigning for me was a mistake, but not for the reasons you might think.

I've realized that no matter how long I've been managing money and how much I know about managing it God's way, it doesn't get easier. The lure of wealth and all it promises, especially through the consistent advertising we're exposed to daily, has an impact. It can wear us down and make us discontent, causing us to use money selfishly, even foolishly. It is impossible never to make a mistake, but managing money God's way should be the standard we seek and the desire we hold.