Though many people in the church do not feel that money is a spiritual issue we see where Jesus thought it was a very important spiritual issue. Did you know that 1 out of every 10 verses in the Gospel talks about money or possessions? That the Bible deals with money more than faith, love, or prayer. Why? Because God knew that money would have a big impact on how we live our life. Ecclesiastes says that money is the answer to all things. The old saying that says “takes money to make the world go around” is not far off. How we deal with money says allot about our character and our relationship with God. The average American spends $1.22 for ever $1.00 they make. This shows that the average American has very little discipline something that should be in every Christian. Another example of this is that the average 28 year old in American is $66,000.00 in debt.
So what do we do when our spending gets us in debt and that debt brings us into bondage? We begin to “Mind our own Business”. Your life is a business and you have to manage it if you are going to be successful. Now to get the full impact of this you need to listen to the four messages on www.southdecaturchurch.com where we talk about this with more depth. But let give you few things that you can do to make your money work for you.
(1) Realize that God owns your business you just manage it
Don’t let yourself get fooled into thinking you control everything. You have to realize that how you manage your life says a great deal of your relationship with God. Therefore you have to manage it in a discipline, and holy way. What if you had to give God a complete account of everything you spent.
(2) Live under your Means
If you are spending more than you make then stop. Quit today and make a change. Change your lifestyle and get rid of things you don’t need. Life is much to short to be pressured to make payments on stuff you don’t need, bought with money you don’t have, to impress people you don’t even know. If you make $1000.00 a week, learn to live off $800.00 a week.
(3) Build an Emergency Fund
In life there are going to be things that you didn’t plan for that come alone. The car breaks down, the washing machine goes out, or you child breaks a tooth. These are emergencies that you don’t know are coming but you can plan for them. You need to build at least a $1000.00 emergency fund and DON’T TOUCH IT (a good sale at Dillard’s is not an emergency). You may say I can’t do that that, yes you can. Sacrifice for a short time, don’t drink sodas, go to basic cable, or quit eating out five times a week and save. Place this money in a saving account and see what happens.
(4) Snow-ball your Debt
Once you have built your emergency fund then begin to pay off your debt. Since you have learned to live beneath your means and you have built you EF then you can use that money to pay off your debt. Start with the lowest amount first and put all the money you were build you EF with and place it on that account. When it is paid off attack the next and use all the money you were paying on the 1st one and pay it off and so on and so on. Before you know it you will be out of debt.
(5) Build Wealth
Once you have gotten out of debt begin to use the money to build wealth in your life. Invest in safe sure investment and let your money work for you. These are just a few ways you can make better business decisions in your life.