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“Wasting money on interest is not good stewardship of the resources God has entrusted to us (see 1 Timothy 6:10; Proverbs 22:7). Wise spending means we strive to live below our means so that we always have money for emergencies and enough to share with those in need.(1 Timothy 6:10; Proverbs 22:7; Matthew 25)
Earning interest on our investments, rather than paying interest on our spending, is a wise way to handle money. In Matthew 25, Jesus gives the example of three servants, two of whom invested what the master had entrusted to them and doubled the initial sum. The third servant, however, did not invest. In verse 27, the master tells him, “Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest.””
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