Financial Fasting to Break the Strongholds of Money

Money can become a stronghold in life when Satan uses it to destroy God’s people. In our 40 Day Financial Fasting Experience, Dr. Elmer Towns reminds us how the enemy of our souls used greed to attack the early church (read Acts 5:1-11) and the consequences for Ananias and Sapphria were death. With hearts blinded by money, they lied to the Holy Spirit (Acts 5:3) and died.

(image: unsplash)

In the Old Testament, Satan attacks the wealth of Job and Dr. Towns cautions us, “While the account of Job looks like a story about’s about one man’s relationship with God. And our financial problems are not about money. They’re about our relationship with God.” That’s a heavy concept to grasp!
We tend to dissociate our money problems from our relationship with God. We hide behind debt, we turn a blind eye to spending habits, we cave into temptation to feed an empty heart and mind. The Bible tells us to turn to God, not money or things.

Perhaps you know the woman who is dissatisfied with her income, house, appearance and things? She feels defeated by her wants, not allowing God to fill her needs. Like a  toddler with a temper tantrum, she demands more and prays less. “I want, I need, I deserve, I will…” are her language of self-interest. She wants, when she cannot afford. She needs, because she didn’t plan ahead. She deserves, because she associates money with love. She will ignore the Holy Spirit in order to fill her dissatisfied heart. Satan will sidetrack her, convincing her to buy the good things she deserves so she will not miss an opportunity to be happy and satisfied. Does this remind you of a woman named Eve and a tempting apple?

As you continue to fast and pray, ask the Lord to reveal those people in your life who encourage you to divert money away from the work of God. Perhaps it’s a spouse, family member…or even you.

We’re in the final days of our 40-day fasting, and I’m reminded that the enemy tempted Jesus at the end of his 40 days.

You’ll experience spiritual warfare intended to pull you apart from God; resist the enemy.
You’ll experience negative words, frustration, perhaps anger in the days ahead; recognize the enemy.
You’ll experience a deeper and closer relationship with God.
You’ll experience a better understanding of God’s purpose for your money.
You’ll experience a new peace over your budget, finances and debt.
You’ll experience freedom in Christ.
Stand firm my friends! The greatest experience is yet to come.

Financial Fasting Scriptures to Study or Memorize

For the love of money is the root of all kinds of evil. And some people, craving money, have wandered from the true faith and pierced themselves with many sorrows. 1 Timothy 6:10 (NLT)

“The master was full of praise. ‘Well done, my good and faithful servant. You have been faithful in handling this small amount, so now I will give you many more responsibilities. Let’s celebrate together! Matthew 25:21 (NLT)

Tip: using your cell phone, snap a photo of these verses so you can find them easily

Steps For Spiritual Growth

  1. Fast and pray continuously. Fast and pray to be cleansed of sin barriers
  2. Continue to expand your knowledge on money. Explore website and books as the Holy Spirit leads you.
  3. Book: “Fasting For Financial Breakthrough” by Dr. Elmer Towns, read chapters 7 and 8, epilogue (optional) (As an Amazon Associate, I earn from qualifying purchases.)
  4. Join us on Facebook for daily prayer and community support.

Financial Fasting: A Biblical Method For Self-Discipline

Fasting without prayer is nothing more than a diet. If you choose to abstain from foods for the purpose of losing weight then the focus is on self and not God. Likewise, if you choose a financial fast to “save a little money” then you’ll be disappointed in the end results. When the Holy Spirit leads you to fast, He’s leading you into deeper intimacy with God.


In his book Fasting For Financial Breakthrough, Dr. Elmer Towns identifies four truths about our financial obligations:

  1. It’s not our money but His.
  2. We are expected to manage our money wisely for the Lord.
  3. He will take it away if we mismanage it.
  4. He will reward us for proper management.

We become better money managers as we fast and pray. Fasting alone is not going to strengthen your finances or resolve your money issues. Through the act of prayer, as you communicate with God, you’ll learn what His will is for your money. Perhaps you already know the answer in your heart, and now you need a solution from God. The time to ask is not when you get a foreclosure letter in the mail, a stack of unpaid medical bills, or a lose your job on a Friday afternoon.  Ask. Seek. Pray.

By now you’ve realized that through fasting, we learn self-control. Dr. Towns says, “…it’s really not about money; rather, it’s a discipline problem.” Whether fasting from food or spending, create a regular habit and seek insight from God regarding self-discipline. Ask God how you arrived at your place of need, and then ask Him for a solution to your problems. Keep a journal of your prayers, and look back at your spiritual growth. Continue fasting once a month, such as the date your mortgage or rent is due, or the birthday of a prodigal child, or your anniversary date. For example, if your anniversary is May 11th, then fast on the 11th of each month and pray for your marriage.

Financial Fasting and Discipline 

As we learn financial discipline, it spills over into other areas of our spiritual lives. We learn to discipline our mouths from speaking gossip, negativity, curse words and insults. We learn to discipline our time and prioritize those things that have eternal value. We learn to discipline our health, by eating better, getting outdoors and exercise. We learn to follow Christ and walk inside God’s will.

While running errands today, I felt the consequences of poor time management. I missed the deadline to return a gift my daughter dislikes; like most teenagers she said “give me cash instead.” As a consequence to missing the 30-day return period, I had to pay extra shipping charges to make sure the package arrived quicker. Praying on this, I was convicted that poor time management costs money! Similarly, disorganization and stacks of junk in my home or office make it harder to see those items with deadlines or due dates. Does this happen to you?

Every aspect of a Christian life is faith-oriented, including your money.

Write out a budget and money management plan based on Biblical values. Seek God when you are deprived of spending or saving money. If you struggle with stewardship, listen to your church sermon archives or make an appointment to meet with your church pastor. Learn to prioritize both money and time. Dr. Towns recommends these expense priorities:

  1. Tithes and offerings
  2. Housing and utilities
  3. Food
  4. Clothing
  5. Transportation
  6. Insurance
  7. Education and Improvement
  8. Retirement
  9. Recreation
  10. Entertainment

Financial experts have a different set of priorities, so be sure to search for more ideas. In my budget, I’ve set aside money for college funds, emergency funds, and also “wedding funds.” I’m a California Mom raising two daughters and from the time they were born, I started putting $25 per month into a wedding savings account for each child. If they choose to marry then I know we’ll have a little money set aside to celebrate their special day.

Some of the best financial books I read include: (As an Amazon Associate, I earn from qualifying purchases.)

I read these books to help me serve my clients in the California real estate market and years later I still remember the key concepts. After attending a Marriage Retreat by Focus on the Family and then reading “Your Money or Your Life,” we downsized our dream home, got rid of the nanny, housecleaner and gardener, and I became a stay-at-home mom. When the kids were older I started a home business and later started the Womens Bible Cafe™ ministry.

We move through seasons of life, and this includes financial seasons as well. You’ll have seasons of drought; seasons of sowing seeds; seasons of harvesting fruit. No matter the season, be faithful to God and to His Word.

Financial Fasting Bible Verses

It is impossible to please God without faith. Anyone who wants to come to him must believe that God exists and that he rewards those who sincerely seek him. Hebrews 11:6 (NLT)

I have been crucified with Christ and I no longer live, but Christ lives in me. Galatians 2:20 (NIV)

You must each decide in your heart how much to give. And don’t give reluctantly or in response to pressure. “For God loves a person who gives cheerfully.” 2 Cor. 9:7 (NLT)

Tip: using your cell phone, snap a photo of these verses so you can find them easily

Steps For Financial Fasting

  1. Fast and pray in faith believing God will answer your prayers. Fast in fellowship with other women or friends.
  2. Create a budget system and plan to implement by April 1st. 
  3. Book: “Fasting For Financial Breakthrough” by Dr. Elmer Towns, read chapters 5 and 6 (optional)

Financial Fasting With the Holy Spirit

Are you listening to the Holy Spirit while you are fasting? Dr. Elmer Towns reminds us, “We think more clearly during a fast than at normal times; we can learn more naturally while fasting.” If we sat down to talk about our fasting experience at the Womens Bible Cafe™ I’d share what I’m hearing inside my heart and I’d listen to your heart too.

(image: Unsplash)

As I’m fasting the Holy Spirit is saying “Wait for Me.”

This is my personal testimony and I am not a financial advisor or giving financial advice. I am simply sharing my personal decisions, led by the Holy Spirit and a 40 day fasting experience. 

  • Wait for the Holy Spirit before I click a buy now button for a Bible study book, replacement contact lenses, or supplements my doctor recommends. Is it Friday and payday? Wait for the money to arrive before I shop.
  • Wait for the Holy Spirit before I enroll in a college class without tuition assistance or scholarships. Do I want to incur debt, drain money from my bank account, or feel frustrated because I’m drawing more out of my bank than I’m depositing?
  • Wait for the Holy Spirit before purchasing a coaching class with a limited time offer. Is that in my business budget? Do I have the immediate funds in my bank to pay the cost, or am I borrowing against the future?
  • Wait for the Holy Spirit before I spend the tax refund. The Father sees the future before I do, and He knows what I need that money for. Repainting the house….pray on it? Is the fence falling down, the car mileage higher then it’s intended use, the water heater beyond it’s lifetime expectancy?

“Think again about marathon runners. They need constant practice to develop long-range endurance. So we need a long-term commitment to build up our faith.
While we’re asking for money, God may be saying, ‘Wait.’

What do we do while we’re waiting? We build up our faith by praying for it.” Elmer Towns, Fasting For Financial Breakthrough

Wait for the Holy Spirit. My personal action plan. This is not intended to be financial advice and is sinply a testimony of what I am doing while fasting 40 days.

  • Build an emergency fund for unplanned expenses, so I’m not overwhelmed emotionally and financially when I need a home repair or car repair.
  • Look at my existing coaching classes and evaluate the effectiveness. Have I completed the classes 100% or am I rushing through them without implementing the concepts or revisiting the teachings. Am I absorbing too much too fast? Do I have a time budget for the exact day and hour to study and learn, or is this a hobby when I have the free time?
  • Research scholarships, tuition aid, methods of reducing the out-of-pocket costs to finish my college degree.
  • Order my Bible study books or medical supplements on payday, when the money is already in my bank account. Don’t wait until the last pair of contact lenses are sitting in the case; plan ahead and re-order on payday with cash or the debit card.
  • Use a Bill Pay feature with my online banking, and when the bills arrive don’t put them into a pile on my desk. Open the bills, pay attention to what is due, the amount due, and the date due. Input the payment date and amount into the online banking, and prioritize bills before shopping or spending.

The Holy Spirit is not saying “You’ll never last the 40 days, so give it up.” That’s the flesh speaking words of discouragement.

The Holy Spirit is not saying “It’s impossible to pay off that debt.” That’s the flesh speaking words of fear.

The Holy Spirit is not saying “It’s all your fault and you deserve financial ruin.” That’s the flesh speaking words of shame.

God speaks TRUTH.

As we are fasting, our hearts and minds are more receptive to hear Truth and think clearly. Keep fasting…

Financial Fasting Scriptures to Study or Memorize

You do not have because you do not ask. James 4:2 (NASB)

If you don’t know what you’re doing, pray to the Father. He loves to help… Ask boldly, believingly, without a second thought. James 1:5 (Message)

If we know that He hears whatever we ask, we know that we have what we have asked Him for. 1 John 5:15 (HCSB)

Tip: using your cell phone, snap a photo of these verses so you can find them easily

Steps For Spiritual Growth

  1. Fast and pray according to Biblical principles. Don’t draw attention to your misery like the Pharisees. Fast for God and not for your self-interests. Listen to the Holy Spirit.
  2. Devise a plan for your emergency fund. Read: 9 Ways to Build an Emergency Fund
  3. If you are working on a degree, read: Getting Your Degree on Plan B
  4. Book: “Fasting For Financial Breakthrough” by Dr. Elmer Towns, read chapters 3 and 4 (optional)
  5. Join us on Facebook for daily prayer and community support:

Let’s Study and Grow- Answer These Questions

  1. Finish this sentence: the Holy Spirit is telling me to wait before ____________________
  2. Finish this sentence: the Holy Spirit is NOT saying ____________________________
  3. Finish this sentence: the flesh is speaking words of ____________________

Know that as I am fasting with you, I pray for the LORD to remove mountains of debt, restore financial peace, and bring blessings in Jesus name. May you see the Living Father working in your life today!

40 Day Financial Fast For Spiritual Growth

Do you want to grow closer to God through fasting? Not everyone can tolerate a 40 food fast due to health concerns, so the Womens Bible Cafe™ is having a 40 DAY FINANCIAL FAST. During these 40 days you’ll learn the Biblical methods of fasting with the goal of a financial breakthrough.

(image: Unsplash)

Perhaps you’ll want to breakthrough:

  • Financial debt
  • Overspending
  • Problems with money
  • Poor stewardship
  • Increase in money based on Biblical values (not prosperity preaching)

Prepare for a life-changing experience as you are fasting 40 days. This is not just a physical fast  where you give up sugar or coffee- instead you’ll learn spiritual fasting. You’ll be fasting from online shopping, unnecessary spending, and anything else the Holy Spirit places in your heart.

After completing Financial Peace University with Dave Ramsey, I decided to do a financial fast with my family. We fasted from all luxuries: pizza delivery, Starbucks, movies, entertainment, etc. We saved an amazing amount of money in those 40 days, and then we gave ALL the saved money to charity, even though my husband was laid off towards the last week of fasting and we really needed that money! We were faithful to God, and He was faithful to us. We learned how to live with ‘less’ so when we had a desperate need He already prepared us to live with less. God is good!

7 Things You’ll Gain During the 40 Day FINANCIAL FAST

  1. Fast and pray according to God’s will
  2. Fast and pray according to Biblical principles
  3. Fast and pray in faith believing
  4. Fast and pray in fellowship
  5. Fast and pray continuously
  6. Fast and pray to be cleansed of sin barriers
  7. Fast and pray with a great number of people

If you’ve never fasted financially, I recommend reading this book: Fasting for Financial Breakthrough by Dr. Elmer Towns, the co-founder of Liberty University and Dean of the School of Religion – CLICK HERE to ORDER BOOK (As an Amazon Associate, I earn from qualifying purchases.)

Let’s not fast alone. If you are married or in a relationship, invite your spouse or significant other to join you. If you’re single, ask a friend or family member to join you. You’ll appreciate the accountability partner on the days when the fasting gets uncomfortable or you’re tempted to stop before the 40 days are up!

SIGN UP for 40 DAY FINANCIAL FAST- starts Wednesday February 18, 2015

Will you join us for these 40 days of FASTING? We begin on Wednesday February 18, 2015 and we’ll finish on Easter Sunday.

  1. If you want to SIGN-UP please post a comment below. Tell us if you are going to do this with or without the book Fasting for Financial Breakthrough by Dr. Elmer Towns. (As an Amazon Associate, I earn from qualifying purchases.)
  2. If you have a favorite book on finance, share the book title in the comments below and I will add a few of these to my reading list during the 40 days we are fasting.
  3. To receive DAILY updates and encouragement from our ministry team, be sure to follow this EVENT page on Facebook