Principles of personal finance
How you handle your finances is a big part of your life!
The problem: Most people spend more than they earn, and either don’t invest or invest poorly. Many people lack vision for their finances.
Apparently the average client at debt agencies in Australia owes $73,000 in unsecured debt, such as credit cards and personal loans. (Debt Mediators Australia)
As a nation, we are over-spenders. Many people don’t know where their money goes each week, and a large number struggle with credit card debt.
Meanwhile, around the globe, world leaders are trying to figure out exit strategies from the GFC.
But despite so much changing around us, and amid great uncertainty about what the future will bring – such as which economies will prosper, which will fail – certain sound, foundational principles of personal finances remain true and reliable.
You know, just one bad personal financial decision can set us back many years. And sometimes people spend their whole lives making unwise decisions and then wonder why God doesn’t seem to be blessing them.
Give God your tithe, but then don’t ditch your brain! Let’s not blame God for personal financial mismanagement, or use God as some kind of wild card who we expect to rescue us from the consequences of our own lack of wisdom.
More blogs to come this week!
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