It’s Sunday once again. As I was away last week for a business trip to Ho Chi Minh City, I wasn’t able to blog the usual Sunday thought of the day. And this morning as soon as I wake up, I grabbed my ‘old’ Our Daily Journey booklet and read today’s topic: MONEY MOTTO. ‘Twas a very insightful read so I thought of sharing it to all of you.
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So what’s your money motto? You may not think that you have one. But, in reality, you live your motto. Here are some possibilities:
- “Earned today, gone tomorrow.”
- “So much spending, so little mind.”
- “More debt? You bet!”
Sadly, most people do not live by healthy financial motto. Money is something eagerly desired, but not always well managed.
To avoid wrongly using the financial gifts God has given us, we need to know how to use our dough wisely. Here are some ideas to get you started:
- First call: Decide what tithe or offering you want to give to the Lord each month—and stick to it.
- Write all: Track where money is going by writing down each expenditure. After doing this for a while, you’ll be able to see some fat that needs to be cut out.
- Budget wall: Put together a budget and stick to it. Like a solid wall, don’t go outside the amounts you have established.
- Save tall: Build up an ever-increasing amount of savings, even if you are able to deposit only a little each month.
- Debt small: No debt is best! Cut up the credit cards (they are a temptation) and resist making impulsive buys.
- No mall: If you know you have trouble with spending too much, don’t go near the stores that are your places of temptation. Flee!
A lot could happen over the next few years. It’s important for you to have your finances in a healthy state. God could call you to the mission field or to more education and degrees. Perhaps you will marry and start a family.
Be prepared. Be ready to put your money where mission is. Consider adopting this new money motto: “Where your treasure is, there your heart will be also” (Matthew 6:21) — Tom Felten
“Why should a fool have money in his hand to buy wisdom when he has no sense?” —Proverbs 17:16
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For more reading on living a minimalist yet blissful life, I will refer you to my best friend’s site here.