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Managing Financial Resources Wisely: Using the Lord’s Principles to Make Financial Decisions


“Managing Financial Resources Wisely: Using the Lord’s Principles to Make Financial Decisions,” Old Testament Seminary Teacher Manual (2026)

“Managing Financial Resources Wisely: Using the Lord’s Principles to Make Financial Decisions,” Old Testament Seminary Teacher Manual

Building Self-Reliance: Lesson 179

Managing Financial Resources Wisely

Using the Lord’s Principles to Make Financial Decisions

A collection of international currency.

Elder Ronald A. Rasband of the Quorum of the Twelve Apostles taught, “The Lord is in the small details of our lives” (“By Divine Design,” Ensign or Liahona, Nov. 2017, 56). This includes our financial decisions. Learning how to involve the Lord in our decisions about money can help us become more self-reliant. This lesson can help students use inspired principles to manage financial decisions the Lord’s way.

Student preparation: Before teaching this lesson, consider displaying the “Financial Stewardship Success Map” on the board and inviting students to take a picture of it on their phones. You could also distribute paper copies of it to students.

Possible Learning Activities

Financial decisions

(Note: This lesson could be taught in conjunction with Lesson 158: “Malachi 3,” which contains learning activities to help students understand the Lord’s law of tithing.)

Before class begins, you could draw or display the following chart on the board.

Significant Financial Decisions

Concerns in Making These Decisions

Invite students to come to the board and fill out the chart as they consider the financial decisions they will make in the next 5 to 10 years. As students do so, you might walk around the class and encourage them to share their thoughts on the board or with you.

Decisions students may list include paying for education and mission, providing for a family, or buying or renting a place to live. Concerns could include lack of money, not knowing how to budget, leaving a job to serve a mission, or knowing whom to trust when making financial decisions.

Think about some of the significant financial decisions you face or will soon face as you ponder the following questions:

  • What questions do you have about how to receive the Lord’s help in these decisions?

  • What have you tried before that has been helpful? What wasn’t as helpful?

As we are receptive to the Holy Ghost, Heavenly Father can show us how to make wise financial decisions throughout our lives. Be open to these impressions as you study today.

Making financial decisions in the Lord’s way

Heavenly Father and Jesus Christ want to guide us in all aspects of our lives. This includes our financial decisions. They have given us direction in the scriptures that can help us make wise financial decisions.

Write the following at the top of a page in your study journal: I can make financial decisions in the Lord’s way by

Read three of the following scripture references. Complete the truth in your study journal with what you learn from the scriptures.

After students study the scriptures, invite them to share what they learned. One way to do this is to display the “Financial Stewardship Success Map” on the board. Students could write what they learned and the verses they learned it from next to the place on the map where they feel it best fits.

2026 Old Testament Seminary Teacher Materials

Alternatively, you could create a third column in the chart on the board titled The Lord’s Way and invite students to write what they found.

Consider emphasizing truths that are most relevant to your students’ needs. The following are possible ways to complete the statement:

saving financial resources to prepare for difficult times (Genesis 41:46–49, 53–57).

helping others in need (Deuteronomy 15:7–8).

remembering that everything we have comes from the Lord (Psalm 24:1).

obeying the Lord’s law of tithing (Malachi 3:8–11).

seeking the kingdom of God over riches (Jacob 2:18–19).

paying off debt (Doctrine and Covenants 104:78).

  • How can what you learn from the scriptures help you make financial decisions in the Lord’s way?

Prioritizing our expenses

seminary icon The following activity is designed to help students practice using the inspired truths they identified to make financial decisions. To do this you could place students into groups of four and provide each group with the handout titled “Making Financial Decisions in the Lord’s Way.” Give each student in the group one of the age-ranges presented on the handout.

Display the following scenario and instructions. In addition to students prioritizing Elizabeth’s expenses, you could provide a monetary amount to students for what Elizabeth is making during each of the age ranges given on the handout. Students could then practice budgeting the given expenses based on her available budget.

Alternatively, you could place students in small groups and invite them to do the activity using what is written under Significant Financial Decisions in the chart on the board.

2026 Old Testament Seminary Teacher Materials

Elizabeth, a woman in your branch, began working in a low-level job at a restaurant when she turned 16. Over the years, she worked her way up and became the manager of the restaurant. As she drew closer to retirement, she was able to buy and operate her own restaurant.

  1. Number the “possible expenses” in the order you would recommend Elizabeth prioritize them.

  2. Next to two different expenses, write a scripture reference you studied that helped guide how you prioritized the expenses.

  3. Prepare to explain how the truths you learned in the scriptures helped you make decisions in how you prioritized the expenses.

If helpful, you could provide students with a few examples. For instance, you could explain that prioritizing savings is a way to prepare for difficult times, as the Lord counseled (see Genesis 41:46–49, 53–57), or that remembering everything we have comes from the Lord (see Psalm 24:1) can help us prioritize paying tithing.

Allow students time to share with others how they prioritized the expenses according to the Lord’s principles.

Invite students to share how the Lord has helped them or others they know as they have made financial decisions in His way. If helpful, you could watch “The Windows of Heaven,” available at ChurchofJesusChrist.org, from time code 0:39 to 2:22. Elder David A. Bednar of the Quorum of the Twelve Apostles shared how his wife’s family was blessed as they prioritized paying their tithing.

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Involving the Lord in my financial decisions

Give students time to consider ways they can involve the Lord in making financial decisions. One way to help them do this is to display the following statement before students answer the accompanying questions.

Bishop L. Todd Budge of the Presiding Bishopric shared:

Former Official portrait of L. Todd Budge. Sustained April 6, 2019 as a General Authority Seventy.  Replaced Dec 2023.

What I’ve found in my own life is that I can pray over my temporal affairs as well. I can pray over my finances. I can pray over whether to buy this house or that house or whether to make this investment or that investment. We should involve the Lord in not only the spiritual part of our life but in the temporal things in our life as well. (“4 Principles We Can Learn from the Way the Presiding Bishopric Works,” Liahona, Feb. 2024, 14)

Think of the financial decisions you need to make now or in the near future. Invite the Holy Ghost to help you answer the following questions in your study journal:

  • What principles can help you make these financial decisions in the Lord’s way?

  • How can applying these financial principles prepare you to serve God and others?

Consider sharing a brief example from your life of how you used what students learned about today to make a financial decision. You could also share what that experience taught you about Heavenly Father and Jesus Christ.