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5 Steps to Take Financial Dominion

You have control. It may not seem that way at times, but that’s how God designed it. From the beginning, dominion was His plan for you - over the earth and everything in it (Genesis 1:28). Though Satan once stole this position, God returned to us our position through Jesus’ victory, ensuring our dominion and authority over sickness, disease, strife, poverty, lack and anything else under the curse.

5 Steps to Take Financial Dominion

When it comes to money, do you feel like you have financial dominion and authority over your finances? Or do bills, debt and work-related troubles seem to rule you instead? The world, the media and everyone around you seem to be under the weight of constant financial pressure. Even worse, they make you feel like you should be, too.

Consider this question: Have you accepted financial pressure, lack, debt and even poverty as a normal part of life?

Maybe you have a history of poverty or lack in your family, a long streak of lost opportunities, or debt that seems insurmountable. These are all areas of attack the enemy uses to dethrone God’s people from a position of dominion. If you’ve been there long enough, it may have become a way of life for you – something you can’t seem to push past in your expectation.

We have good news! No matter what your situation – you can have all God desires for you in the area of finances, and you can take financial dominion. You can be debt free, live in an overflow, give extravagantly, and rise to new levels in your career. He gives you power to get wealth because He made a covenant with you to do so (Deuteronomy 8:18).

Are you ready to take back the financial dominion that belongs to you? When you understand the covenant, walk in obedience to God’s Word concerning finances, and resist any attempt to knock you out of position, you will know how to take financial dominion once and for all.

Here are five requirements for walking in Kingdom financial dominion:

1. 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).

2. Take Financial Dominion by Honouring 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 honour you and bless you in any area of your life, you’re going to have to honour Him in that particular area.

If you want God to bless you financially, you first need to honour 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 honouring 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.

3. Take Financial Dominion by Becoming a Giver

“May he remember all your gifts and look favourably on your burnt offerings.” –Psalm 20:3

Weren’t we just talking about giving? No – we were talking about tithing. So, how are tithing and giving different?

Giving is bringing an offering that is beyond the tithe, not instead of the tithe. It is a freewill gift to a person or organization. It can be in the form of money, clothing, food or almost anything else God prompts you to give.

In God’s system, this is how you increase. It is sowing seed for a harvest. The covenant we have with God is one of financial prosperity or financial dominion. It is God’s instrument to keep us from financial struggles, and it overrides any economic circumstance.

 Our giving is the gateway to financial dominion and all-around favourThe greater our giving, the greater our access to financial increase.

What are the different types of giving?

  • Kingdom-promotion giving is an offering directly given to a preacher, teacher or ministry to further the kingdom of God. This type of seed is not a financial donation to ‘help’ God, the church or the ministry. “It is a spiritual transaction that provokes the release of finances” (Bishop Oyedepo).
  • Worship offerings are another type of giving. The scriptures tell us to never go into God’s presence empty-handed (Deuteronomy 16:16). Why? Because God takes notice of every offering we bring when we are in worship. It is a form of honouring Him and giving Him complete trust with our provision and prosperity.
  • Giving to the poor is just that – offering your own substance to help those in need around you. It can be someone you know or an organization that offers help and support to those who are struggling (Proverbs 19:17).

Each type of giving is considered sowing seed for a harvest. When you plant a seed in good soil, it will always reap a return!

4. Take Financial Dominion by Defeating Satan’s Attacks

“Submit yourselves therefore to God. Resist the devil, and he will flee from you” –James 4:7, KJV

We talk often about resisting the devil, but it isn’t enough to simply know that he is a defeated foe, we must learn how to act on that truth. An important part of walking in financial dominion is knowing how to defeat Satan’s attacks. He has no intention of allowing you to prosper and advance the Kingdom. So, when you start walking toward financial dominion, you’ll have a fight on your hands. The good news? Because of Jesus – you win. All you have to do is believe it.

How do you resist the devil? You resist him with the words of your mouth. Keep in mind, you also submit to him with your words, so watch what you say! Refuse to give thought to anything the devil throws your way. Have bulldog faith, and keep the Word of God in your eyes, ears and mouth no matter what.

Finally, count it all joy when Satan tries to attack (James 1:2-4). That seems a bit outside our natural ability, doesn’t it? That’s OK, because we have supernatural help to do so. When you trust in God’s covenant to provide whatever you need—you will be blessed.

5. Take Financial Dominion by Standing in Faith

“Therefore take up the whole armour of God, that you may be able to withstand in the evil day, and having done all, to stand.” –Ephesians 6:13, NKJV

You might be reading these points and thinking, I’ve done all of this. I do believe in the covenant. I tithe, I give and I speak words of faith. Why am I still struggling in my finances?

If that’s where you are, there is one thing left to do. Stand. How long do you stand? As long as it takes! Don’t attempt to go after financial dominion without first making the quality decision to keep applying your faith until you see the desired result.

Hebrews 10:39 (KJV) says that we can’t be someone who draws back. We have to stand firm in our faith – we can’t move in fear one day and back to faith another. That isn’t steady – it’s double-minded – and it won’t win the battle. We need the full armour of God to stand against the strategies of Satan. Additionally, don’t underestimate the power of agreement in finances – so be sure to surround yourself with people who know how to stand in faith.

Then, don’t neglect to use the power of patience. You need patience to receive the promise of financial dominion (Hebrews 10:36)!

What can patience do?

W.E. Vine says, “Patience is the quality that does not surrender to circumstances or succumb under trial: it is the opposite of despondency and is associated with hope.” In other words, patience will strengthen and hold up your faith until your results manifest.

Remember, patience isn’t trying – it’s committing.

In conclusion, when you get a revelation of the covenant God has made with you, honour God with your tithing and giving, resist the devil, and take your stand, you will take the financial dominion that has always belonged to you. As you walk out the covenant of provision you have with Almighty God, expect an encounter with your covenant. The covenant has never failed, and it won’t fail for you. As you do your part by engaging the covenant in your life, every financial stress will be terminated in Jesus’ Name.

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