Photo: Richard Hanson/Tearfund
Photo: Richard Hanson/Tearfund

MANAGING MONEY

Talking about money often proves very sensitive. The way we manage what money we have is very personal. Though we all depend on money to live, we rarely receive much training or advice in managing it. We learn through experience and sometimes make painful mistakes. Despite the fact that the Bible talks more about money and possessions than almost any other subject, personal financial stewardship is rarely taught in churches. Jesus does not promise us wealth, but does promise us peace if we trust in him.

In this issue, we try to provide some practical help in managing money, both within our families and within small organisations

Please find below articles from Footsteps issue 57 in html.

To download a pdf version of Footsteps issue 57 click here (652K).


  • Bible study: A challenging role

    A challenging role.   King David had long planned to build a temple for God where the ark of the covenant could rest and where people could come to worship. However, God told him that it would be his son, Solomon, who would build the temple.  Read 1 Chronicles 29:1-20

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  • Cambodian savings banks

    by Craig Greenfield.  For the poorest people in Cambodia, life is full of uncertainty. They typically have several possible sources of income. On a good day they will make enough to feed the family. Other days they go hungry or may be forced to take out expensive loans to pay for emergencies, particularly medical problems. 

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  • Corruption in our societies

    Today, in Latin America as elsewhere, greed and corruption allow huge amounts of money to fall into the hands of just a few people, while most people become increasingly poor. Today, we are so used to corruption at every level that we may no longer be shocked by it – nor do we always emphasise that it is sinful.

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  • Does money matter?

    by Keith Tondeur. Managing money is never easy. Families on low or uncertain incomes often struggle to cope with payments such as school fees or healthcare. We often live in societies where articles and advertisements on the radio and TV, or in newspapers and magazines, encourage us to spend money. We are always being told how ‘good’ certain products will make us feel. Increasingly, our societies see success as the possession of wealth, rather than having a good character or serving others. ...

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  • Letters

    Alcohol.   Alcohol is a product of amazing versatility. It removes stains from designer clothes. It will also remove the clothes from off your back. 

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  • Managing cash flow

    by John Cammack.  Many of us have experienced the situation where we have a bill to pay, but we do not have enough money to pay it until we receive money owed to us. As individuals, we can generally keep these details in our head, but this is not possible within a group or organisation. 

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  • Plastic bag sealer

    Usually, the best packaging materials are those which are natural and can be recycled. But when these cannot be used, plastic bags may be the best choice. This simple tool is ideal for small businesses. It can be used to package food, clothing or craft work. Sealed plastic bags will protect the contents from dirt, damp or loss and make products look more professional for marketing. 

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  • Rebuilding after conflict

    Land, livestock, roads and services are often destroyed during armed conflict or natural disasters. Farmers need to know what kind of action they can take to rebuild their farms and businesses. Recovering from these crises is easier when people share the load. 

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  • Resources

    Basic Accounting for Small Groups by John Cammack  This is a second edition (2003) of this very useful and practical book. It is a plain-language, step-by-step guide to basic accounting and financial management techniques. Two imaginary case studies of groups are used throughout the book, to demonstrate the accounting techniques. It is full of practical exercises for individual and group learning. It costs £12.95 ($21.00) and is available from Mango (see below) and Oxfam (address on page ...

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