Take Financial Dominion by Understanding the Covenant
“My covenant will I not break, nor alter the thing that is gone out of my lips.” –Psalm 89:34, KJV
There’s no way around it—to take financial dominion, you first must understand the covenant that provides for it. Sure, you’ve heard of God’s covenant with His children, but do you accept it and receive it? Or does it seem far off in Old Testament times, and not relevant for you here and now? This is what so many Christians get hung up on in the area of finances, which is exactly what Satan wants them to do because it keeps them from receiving!
So, what is the covenant between God and you?
The covenant you have with God is much more than a promise—it is a sealed and irrevocable agreement. God first established it with a man called Abram (later called Abraham). He promised to make Abram the father of many nations, give him a great deal of land as an inheritance, and much more (Deuteronomy 28). To make sure Abram knew this was absolute and unbreakable, God made a covenant with him, which was considered very serious in his day.
You may be thinking, I know the covenant was meant for Abram, but how do I know it was meant for me, too?
In Galatians 3:13-14, we read that Christ died to redeem us from the curse, “that the blessing of Abraham might come on the Gentiles through Jesus Christ; that we might receive the promise…” (KJV, emphasis added). God sealed His covenant with you through the blood of His Son. That agreement is binding and forever.
Bishop David Oyedepo explains it this way: A covenant is “a deal enacted by God, based on well-defined terms and sealed with an oath.” When we read the Bible, we see that it is a book of covenants that allows us to access everything we need, including prosperity and financial dominion.
How reliable is this covenant?
God’s Word is true and infallible, and it tells us as long that as we have day and night and the sun rises and sets, all of God’s covenants remain in force, including the covenant of financial prosperity (Genesis 8:22).
You can count on one thing: Every covenant of Scripture is reliable, dependable, guaranteed and binding on God for delivery. However, He is only obligated to deliver if you complete your end of the agreement by loving Him, which means you love Him with all your heart, soul and mind (Matthew 22:37) and by keeping His commandments (1 John 5:3).
Take Financial Dominion by Honoring the Tithe
“Honor the Lord with your possessions, and with the firstfruits of all your increase; so your barns will be filled with plenty, and your vats will overflow with new wine.” –Proverbs 3:9-10, NKJV
The book of Proverbs gives us a very basic principle of success. It is this: If you want God to honor you and bless you in any area of your life, you’re going to have to honor Him in that particular area.
If you want God to bless you financially, you first need to honor Him with your money, or as this verse puts it, “with the firstfruits of all your increase.” In other words, you need to tithe. The word tithe means “tenth,” which means to give 10 percent of your gross income to the Lord.
God considers the tithe crucial to your financial success (Malachi 3:10-11). That’s why the devil has fed the Body of Christ so many lies regarding the tithe. He doesn’t want us to ever have what rightfully belongs to us—which is THE BLESSING. You may say, I just can’t afford to tithe right now.
But the truth is, you can’t afford not to! If you don’t start honoring God with your money, you’ll be in the same financial position next year that you’re in today. “Any believer who is not a tither will remain a financial struggler” (Bishop Oyedepo).
In fact, you will find that all testimonies of financial blessing in the Body of Christ begin with consistent tithing. Watch this video with Kenneth Copeland and Jesse Duplantis as they explain how tithing puts you on the increase.
