For example, when someone gets a raise, they simply commit that extra money to some other immediate desire, like a new car. So whatever challenges you see preventing you from investing now will probably get bigger in the future. But the decision to delay your investing is based on a false assumption that you’ll have more money available in the years ahead.īut often, your lifestyle or other expenses expand to consume any increase in income. This one is for procrastinators who think that saving or investing will be easier in the future, so they put it off. TOMORROW DOESN’T COUNT: The next item we’ll call, Tomorrow doesn’t count. Proverbs 27:23 teaches, Know well the condition of your flocks, and pay attention to your herds. Always try to get 2 or 3 offers when financing a home. That could cost you tens of thousands of dollars over the term of the loan. But did you know that most people don’t shop around for their mortgage? The majority take the first offer they’re given. People are quick to drive to the next gas station to save a few buck on a fill-up. We can’t cover them all, but today on MoneyWise, we’ll give you a crash course.ĭON’T IGNORE THE BIG STUFF: Sure, a penny saved is a penny earned, but a thousand dollars saved is a ton more. Fortunately, the Bible has more than 2300 verses on the subject. Faithful stewards of God’s resources have to know a few things about money. Proverbs 18:15 reads, The mind of the prudent acquires knowledge, And the ear of the wise seeks knowledge. Crash Course on Money Faith & Finance (formerly MoneyWise) Christian talk radio with Rob West February 26, 2022
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