Instead of listening to advertisers, Christians should decide on what their minimum needs are and then supply these through informed buying. You should research major purchases. Read the consumer magazines to find out which brands have the best repair records, use the least amount of energy, and cost the least. Christians should learn to treat money not as a commodity to be grasped, gambled, hoarded, or manipulated but as a resource to be used for the benefit of family and society. But most would agree that some basic savings, even if only in the form of life insurance, is essential so that the remaining members of the family are not left without immediate resources should one of the providers die.
Savings are normally useful to a society.
By depositing money in a local bank or savings and loan association, you are actually investing in your community. Your savings will help others to enlarge their businesses, buy homes, or renovate run-down buildings. Some Christians make their savings a part of their ministry by investing in banks owned and operated by residents of an inner-city area. Their investments allow the bank to provide low-interest mortgages and home improvement loans. Putting your money in a safe place where it can earn interest makes a great deal more sense than just letting it accumulate around the house.