Why tithing is a good financial practice

Tithing, the practice of giving a portion of one’s income to the church, has been a longstanding tradition rooted in faith and spiritual teachings. Beyond its religious significance, tithing can also be viewed as a sound financial practice with numerous benefits. This article explores why tithing is a very good financial practice.

1. Biblical foundation and obedience

Tithing is deeply embedded in biblical teachings, where it is often presented as an act of obedience and worship. The practice was first mentioned in Genesis 14:20, where Abram gave a tenth of everything to Melchizedek, the king of Salem and priest of God Most High. This act signified gratitude and acknowledgment of God’s provision.

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In Malachi 3:10 (ESV), the Lord commands, “Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need.” This verse underscores the importance of tithing as an act of obedience that also comes with a promise of divine blessing.

2. Cultivating generosity and selflessness

Tithing fosters a spirit of generosity and selflessness, encouraging individuals to look beyond their own needs and consider the welfare of others. Proverbs 11:24-25 (ESV) states, “One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want. Whoever brings blessing will be enriched, and one who waters will himself be watered.” These verses highlight the paradox of generosity: giving leads to greater enrichment.By regularly setting aside a portion of their income for tithing, individuals develop a habit of giving that can extend to other areas of their lives. This practice helps combat materialism and cultivates a mindset focused on stewardship and community support.

3. Financial discipline and management

Tithing can also promote financial discipline and management. When individuals commit to giving a specific percentage of their income, they must plan and budget accordingly. This process encourages a careful examination of income and expenses, leading to more thoughtful financial decisions.

In 1 Corinthians 16:2 (ESV), Paul advises, “On the first day of every week, each of you is to put something aside and store it up, as he may prosper, so that there will be no collecting when I come.” This directive emphasizes the importance of regular, planned giving, which requires disciplined financial management.

4. Trust and dependence on God

Tithing is an expression of trust and dependence on God’s provision. By giving a portion of their income, believers demonstrate faith that God will meet their needs. This act of trust is a practical reminder that all resources ultimately come from God, and He is faithful to provide.

In Matthew 6:31-33 (ESV), Jesus teaches, “Therefore do not be anxious, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. But seek first the kingdom of God and his righteousness, and all these things will be added to you.” This passage encourages believers to prioritize their faith and trust in God over material concerns.

5. Community support and impact

Tithing contributes to the well-being and growth of the church and community. The funds collected through tithing are often used to support various ministries, outreach programs and charitable activities. This collective effort can have a significant positive impact on the community, addressing needs and fostering a sense of unity.

Acts 2:44-45 (ESV) describes the early Christian community: “And all who believed were together and had all things in common. And they were selling their possessions and belongings and distributing the proceeds to all, as any had need.” This example of communal support underscores the power of collective giving and its ability to address the needs of the community effectively.

6. Spiritual growth and blessing

Finally, tithing can lead to spiritual growth and blessings. As individuals practice regular giving, they experience the joy and fulfillment that comes from contributing to God’s work. This act of worship can deepen their relationship with God and reinforce their commitment to living out their faith.

Luke 6:38 (ESV) states, “Give, and it will be given to you. Good measure, pressed down, shaken together, running over, will be put into your lap. For with the measure you use it will be measured back to you.” This verse highlights the principle of reciprocity in giving: as we give generously, we receive blessings in return.

Tithing is more than just a religious obligation; it is a sound financial practice that offers numerous benefits. By embracing stewardship, tithing can have a profound impact on both the individual and the community. Embracing tithing as a regular part of financial management can lead to a more balanced, fulfilling and purpose-driven life. Remember that the purpose of our wealth is for God’s kingdom. INQ

Randell Tiongson is a registered financial planner at RFP Philippines. To learn more about financial planning, attend the 109th RFP program this September 2024. Email info@rfp.ph or visit rfp.ph.

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