We have been talking personal finances the biblical way. I want to offer some practical suggestions here based on a passage in the book of Proverb and what Joseph did in Eygpt before a famine and eventually brought his whole family to Eygpt. The first is in Genesis 41 and there are two from Proverbs. What these passsages are referring is saving and storing during the good times to prepare for the bad times.
First, everyone should have and almost nobody does is a fund that is liquid and accessible such as a simple savings account that has enough funds in it to cover at least six months of living expenses. This could even be cash in a lockbox or a simple saving account that will bring a small return on what little interest those bring today. The way to accumalate this is to pay yourself first. Before you pay any bills set aside a specific amount in this account each payday, whether you think you can afford it or not. And that is the excuse people give for not saving, is that they cannot afford it. When times are lean it is even more important to save. If you find yourself having to dip into that fund you have two options to consider – are you overspending in some area, if not then you need to adjust the amount you are setting aside- bear in mind this will make it take longer to reach your goal. In conjunction with saving money, stock up on some of the necessary items that you use every day, such as personal hygiene items:
Over the Counter medicines that you use
And ladies your feminine hygiene products
This is just a basic list and also stock up on non-perishable food items:
And add anything you can think of here- doing this has kept me from making a mad dash to grocery store when a blizzard was coming and we were snowed in for as few days. If you live where winter weather can be severe you know what the grocery stores are like just before the snow hits.
Just add a few items each time you go to the store and for your stash of goods just get the generic and cheaper items. The idea here is to save and be prepared.
New King James Version (NKJV)
41 Then it came to pass, at the end of two full years, that Pharaoh had a dream; and behold, he stood by the river.2 Suddenly there came up out of the river seven cows, fine looking and fat; and they fed in the meadow. 3 Then behold, seven other cows came up after them out of the river, ugly and gaunt, and stood by the other cows on the bank of the river. 4 And the ugly and gaunt cows ate up the seven fine looking and fat cows. So Pharaoh awoke. 5 He slept and dreamed a second time; and suddenly seven heads of grain came up on one stalk, plump and good. 6 Then behold, seven thin heads, blighted by the east wind, sprang up after them. 7 And the seven thin heads devoured the seven plump and full heads. So Pharaoh awoke, and indeed, it was a dream. 8 Now it came to pass in the morning that his spirit was troubled, and he sent and called for all the magicians of Egypt and all its wise men. And Pharaoh told them his dreams, but there was no one who could interpret them for Pharaoh.
9 Then the chief butler spoke to Pharaoh, saying: “I remember my faults this day. 10 When Pharaoh was angry with his servants, and put me in custody in the house of the captain of the guard, both me and the chief baker, 11 we each had a dream in one night, he and I. Each of us dreamed according to the interpretation of his own dream. 12 Now there wasa young Hebrew man with us there, a servant of the captain of the guard. And we told him, and he interpreted our dreams for us; to each man he interpreted according to his own dream. 13 And it came to pass, just as he interpreted for us, so it happened. He restored me to my office, and he hanged him.”
14 Then Pharaoh sent and called Joseph, and they brought him quickly out of the dungeon; and he shaved, changed his clothing, and came to Pharaoh. 15 And Pharaoh said to Joseph, “I have had a dream, and there is no one who can interpret it. But I have heard it said of you that you can understand a dream, to interpret it.”
17 Then Pharaoh said to Joseph: “Behold, in my dream I stood on the bank of the river. 18 Suddenly seven cows came up out of the river, fine looking and fat; and they fed in the meadow. 19 Then behold, seven other cows came up after them, poor and very ugly and gaunt, such ugliness as I have never seen in all the land of Egypt. 20 And the gaunt and ugly cows ate up the first seven, the fat cows. 21 When they had eaten them up, no one would have known that they had eaten them, for they were just as ugly as at the beginning. So I awoke. 22 Also I saw in my dream, and suddenly seven heads came up on one stalk, full and good. 23 Then behold, seven heads, withered, thin, and blighted by the east wind, sprang up after them. 24 And the thin heads devoured the seven good heads. So I told this to the magicians, but there was no one who could explain it to me.”
25 Then Joseph said to Pharaoh, “The dreams of Pharaoh are one; God has shown Pharaoh what He is about to do:26 The seven good cows are seven years, and the seven good heads are seven years; the dreams are one. 27 And the seven thin and ugly cows which came up after them are seven years, and the seven empty heads blighted by the east wind are seven years of famine. 28 This is the thing which I have spoken to Pharaoh. God has shown Pharaoh what Heis about to do. 29 Indeed seven years of great plenty will come throughout all the land of Egypt; 30 but after them seven years of famine will arise, and all the plenty will be forgotten in the land of Egypt; and the famine will deplete the land. 31 So the plenty will not be known in the land because of the famine following, for it will be very severe.32 And the dream was repeated to Pharaoh twice because the thing is established by God, and God will shortly bring it to pass.
33 “Now therefore, let Pharaoh select a discerning and wise man, and set him over the land of Egypt. 34 Let Pharaoh dothis, and let him appoint officers over the land, to collect one-fifth of the produce of the land of Egypt in the seven plentiful years. 35 And let them gather all the food of those good years that are coming, and store up grain under the authority of Pharaoh, and let them keep food in the cities. 36 Then that food shall be as a reserve for the land for the seven years of famine which shall be in the land of Egypt, that the land may not perish during the famine.”
39 Then Pharaoh said to Joseph, “Inasmuch as God has shown you all this, there is no one as discerning and wise as you. 40 You shall be over my house, and all my people shall be ruled according to your word; only in regard to the throne will I be greater than you.” 41 And Pharaoh said to Joseph, “See, I have set you over all the land of Egypt.”
42 Then Pharaoh took his signet ring off his hand and put it on Joseph’s hand; and he clothed him in garments of fine linen and put a gold chain around his neck. 43 And he had him ride in the second chariot which he had; and they cried out before him, “Bow the knee!” So he set him over all the land of Egypt. 44 Pharaoh also said to Joseph, “I amPharaoh, and without your consent no man may lift his hand or foot in all the land of Egypt.” 45 And Pharaoh called Joseph’s name Zaphnath-Paaneah. And he gave him as a wife Asenath, the daughter of Poti-Pherah priest of On. So Joseph went out over all the land of Egypt.
46 Joseph was thirty years old when he stood before Pharaoh king of Egypt. And Joseph went out from the presence of Pharaoh, and went throughout all the land of Egypt. 47 Now in the seven plentiful years the ground brought forth abundantly. 48 So he gathered up all the food of the seven years which were in the land of Egypt, and laid up the food in the cities; he laid up in every city the food of the fields which surrounded them. 49 Joseph gathered very much grain, as the sand of the sea, until he stopped counting, for it was immeasurable.
50 And to Joseph were born two sons before the years of famine came, whom Asenath, the daughter of Poti-Pherah priest of On, bore to him. 51 Joseph called the name of the firstborn Manasseh:[a] “For God has made me forget all my toil and all my father’s house.” 52 And the name of the second he called Ephraim:[b] “For God has caused me to be fruitful in the land of my affliction.”
53 Then the seven years of plenty which were in the land of Egypt ended, 54 and the seven years of famine began to come, as Joseph had said. The famine was in all lands, but in all the land of Egypt there was bread. 55 So when all the land of Egypt was famished, the people cried to Pharaoh for bread. Then Pharaoh said to all the Egyptians, “Go to Joseph; whatever he says to you, do.” 56 The famine was over all the face of the earth, and Joseph opened all the storehouses[c] and sold to the Egyptians. And the famine became severe in the land of Egypt. 57 So all countries came to Joseph in Egypt to buy grain, because the famine was severe in all lands.
6 Go to the ant, you sluggard!
Consider her ways and be wise,
7 Which, having no captain,
Overseer or ruler,
8 Provides her supplies in the summer,
And gathers her food in the harvest.
9 How long will you slumber, O sluggard?
When will you rise from your sleep?
10 A little sleep, a little slumber,
A little folding of the hands to sleep—
11 So shall your poverty come on you like a prowler,
And your need like an armed man.
24 There are four things which are little on the earth,
But they are exceedingly wise:
25 The ants are a people not strong,
Yet they prepare their food in the summer;
26 The rock badgers[b] are a feeble folk,
Yet they make their homes in the crags;
27 The locusts have no king,
Yet they all advance in ranks;
28 The spider[c] skillfully grasps with its hands,
And it is in kings’ palaces.