Needs, wants and contentment

By Randell Tiongson on August 30th, 2021

One of the most basic money management principle I always mention is this: Distinguish wants from needs.

Most of the time, what we want isn’t what we need. And if we’re honest, we’ve been given far more than we actually need. We need food, clothing and shelter. We want everything else.

So how do we find joy when we can’t get what we want? Contentment is contingent on our attitudes, not our bank statements. If we’re always looking to make more money, gain more resources and acquire more wealth for ourselves, we’re not using money how God designed it to be used. I often hear my friend, author and speaker Jayson Lo say this: “Contentment is the greatest financial principle” and I agree 100% with that statement.

Money is a tool to provide for our needs, to provide for the needs of others and an opportunity to give back to God as an act of worship. By giving to God, we’re declaring that we don’t find our satisfaction in money, but in Jesus. Jesus is the one who provides for us. Loving money more than God leads to pain, letdown and sin. But when we trust God will provide for our needs, we can find our contentment in Him.

Money will run out, but God is a generous giver who is with us through everything, no matter what. He provides for us, above and beyond what we expect. When we trust and obey Him with our money and our lives, we receive His rich love and the transformation it creates in us.

“But godliness with contentment is great gain.”

1 Timothy 6:6

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Needs, wants and contentment