diff --git a/commands/set-starting-balance.js b/commands/set-starting-balance.js
new file mode 100644
index 0000000..410d94d
--- /dev/null
+++ b/commands/set-starting-balance.js
@@ -0,0 +1,52 @@
+const { MessageEmbed } = require('discord.js');
+
+module.exports = {
+  name: "set-starting-balance",
+  description: "change the starting balance for the server",
+  usage: "[amount]",
+  permissions: {
+    channel: ["VIEW_CHANNEL", "SEND_MESSAGES", "EMBED_LINKS"],
+    member: ["MANAGE_GUILD"],
+  },
+  SlashCommand: {
+    options: [
+      {
+        name: "amount",
+        description: "the amount to set the starting balance",
+        value: 1000.00,
+        type: 10,
+        required: true,
+      }
+    ],
+    /**
+     *
+     * @param {require("../structures/QuarksBot")} client
+     * @param {import("discord.js").MessageCreate} message
+     * @param {string[]} args
+     * @param {*} param3
+    */
+    run: async (client, interaction, args, { GuildDB }) => {
+      if (GuildDB.customChannelStatus==true&&!GuildDB.allowedChannels.includes(interaction.channel_id)) {
+        return interaction.send(`You are not allowed to use the bot in this channel.`);
+      }
+      
+      client.dbo.collection("guilds").updateOne({"server.serverID": GuildDB.serverID}, {"server.startingBalance":args[0].value}, function(err, res) {
+        if (err) {
+          client.log(err);
+          let embed = new MessageEmbed()
+            .setTitle(err)
+            .setColor("RED")
+
+          return interaction.send({ embeds: [embed] });
+        }
+      });
+
+      let successEmbed = new MessageEmbed()
+          .setTitle('Success')
+          .setDescription(`Successfully set $${args[0].value.toFixed(2)} as starting balance`)
+          .setColor('GREEN');
+      
+      return interaction.send({ embeds: [successEmbed] });
+    },
+  },
+}
\ No newline at end of file