10 Practical Steps to Be an Effective Rich Person

If you’re just joining us, you can learn more about the background of today’s topic by reading our post from this past weekend directly on our website.

Because the Holy Spirit has been challenging me in this area lately, I want discuss how to effectively manage wealth for the glory of God as “rich” people. And I am praying that you are already believing the truth that you are, in fact, rich.

“But who am I, and what is my people, that we should be able thus to offer willingly? For all things come from you, and of your own have we given you.” 1 Chronicles 29:14 ESV

Below are ten ideas of practical steps that you can take to grow in effective financial management. Each one represents a call to generosity that corresponds to a point from the last Friday’s blog post titled “You’re Richer than You Think”.  Prayerfully consider how you can eternally invest into God’s kingdom by being a wise and faithful steward with the little or small that He has given you in your own life.

“Whoever has a bountiful eye will be blessed, for he shares his bread with the poor.” Proverbs 22:9 ESV

“They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life.” 1 Timothy 6:18-19 ESV

1. Do you have a car? You are rich. 

Effectively Rich Action: Give rides to others that don’t have a car. If you have more than one car, consider donating one to someone in need.

2. Do you have a bed to sleep in and a roof covering your head? You are rich. 

Effectively Rich Action: Thank God that you have these luxuries. Jesus Christ Himself often went without them during the years preceding His death. Be generous with your home: open it up for Bible studies, family gatherings, or even hosting missionaries. And consider donating whatever you no longer want or use (e.g. unused bed wear, clothing, shoes, canned goods, or even luggage) to a local shelter, local missionary, or even people on the streets. The need is always present, beloved.

3. Do you have a job? You are rich. 

Effectively Rich Action: Be generous with your skills and talents by giving God your absolute best, even if you believe the company that you work for doesn’t deserve it. Many would love to have your job. Secondly, intentionally set aside a portion of your income to give to those in need, whether through tithes or in addition to them. Again, there are needs all around us, and they may include elderly parents, domestic or international missionaries, or  local organizations combating homelessness, etc.

4. Do you have the ability to save a portion of your income each month? You are rich. 

Effectively Rich Action: Give God praise that you even have the ability to save. And since you have been saving, consider being generous with the knowledge that you have acquired by teaching a Biblical Finance course. Crown Financial Ministries and Dave Ramsey are always looking for instructors. Also remember to prayerfully keep your savings open to whatever God may want to apply them to in the future.

5. Do you have the freedom to read God’s word without being persecuted? You are rich.

Effectively Rich Action: Share God’s word with those that do not know Him, or encourage those who do know Him but need to be reminded of truth. Be generous with the life-giving Word. Investing in ministries that share God’s word, translate God’s word, and distribute God’s word through prayer or financial giving  is also a generous way to further the Gospel.

6. Do you have a community of God-fearing people that love and support you? You are rich.

Effectively Rich Action: Give God praise because you are VERY fortunate to have this support. If you have the opportunity, remember to share this community with others that may be in need of one. Be generous by inviting others to partake in community events, or merely take them to coffee and share the same love and support that you already receive from your spiritual family.

7. Do you have a spouse that loves you? You are rich.

Effectively Rich Action: Be generous by loving and respecting your spouse in the same way that Christ does in relation to His church. Give them your time, your attention, your prayers, your affection, and your servitude so that God may be glorified through the covenant. Be generous to share your knowledge of how to effectively prepare for marriage and live as a married couple with other couples (whether dating, engaged, or married). This biblical wisdom and knowledge is a valuable treasure in itself.

8. Do you have child? You are rich.

Effectively Rich Action: If you are fortunate enough to have children, you can be extravagantly generous by praying for them and raising them to be world-changers. Support them by allowing them to be generous through serving at a shelter, donating some of their Christmas gifts, an/or tithing a portion of every allowance they receive.

9. Can you go to the grocery store and buy something? You are rich.

Effectively Rich Action: Why not pick up a few more items (such as canned goods) and drop them off at the local food bank? If you know of someone specific who is struggling, think about spending slightly less on your own meals one week and grab them a grocery gift card with the difference you save.

10. Can you get Christian counseling? You are rich.

Effectively Rich Action: Invest in a loved one who cannot afford counseling (but is struggling emotionally and/or mentally) by covering their expenses for therapy. If you’re a counselor yourself, consider donating some of your services to a local ministry that may work with battered women, drug-addiction patients, or even sexually abused children. The employees serving these populations always have a need.

“His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ Matthew 25:21 ESV

“Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver.” 2 Corinthians 9:7 ESV

“Sell your possessions, and give to the needy. Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail, where no thief approaches and no moth destroys.” Luke12:33 ESV

We must remember that generosity is a heart attitude, and God has in fact made us rich. Therefore, let’s decide to be rich people who effectively manage their wealth for the glory of our One True Lord and King, Jesus Christ.

Interested in learning more about generosity? Or need a few ideas about where to give? Here are a few links to great books, some of which influenced our last few posts, as well as two organizations that His Daily Dose supports by tithing all unrestricted donations made to our ministry (except for Phoenix  Coffee which tithes 10% back to HDD – praise God!).


More or Less by Jeff Shinabarger

How to Be Rich by Andy Stanley

HDD Partner Organizations: 

Hope International

The Atlanta Dream Center

Phoenix Community Coffee

Organizations with Missionaries in Need (International and Domestic): 

Youth With A Mission

Adventures in Missions

Rahabs Rope

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