Money $eries Week: Building Financial Muscle

Today is the last day of Money $eries Week and we hope you have enjoyed it. We hope it has impacted you and given you motivation to go seek God and His Wisdom to view money from His perspective so you can manage it right and righteously.

To conclude, let’s review things we should all be doing to build financial muscle and gain financial freedom.

  1. Tithe. Give God back at least 10%, or start wherever you can in your faith, from all you earn to show You trust Him, to honor Him, and to provide for the ministries of His Kingdom here on earth.
  2. Save. Save as much and every cent you can. “There are times it has been hard to save or resave once I finally saved up something, but one thing for sure I do save my bronze and silver coins without fail,” says Tannika of Fruitful & Fabulous. Save an emergency fund for emergencies like a medical bill, or immediate expenses after losing your job, or if your car breaks down. Save for an expenditure (when a birthday you forgot or event comes up and you want to spend money on a gift) fund. Save for a vacation fund. Just get in the mindset of paying you too and saving.
  3. Romans 13:8 Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law. Pay off debts (high interest rate ones first or if that way seems too daunting, pay from the smallest to the greatest), and reduce the number of credit cards or some suggest just have one. Having a home mortgage or student loan is not a bad thing but do make efforts to pay those off early if can. Credit card debt is bad. “It is the worst, it seems to never go away once you have a balance from this one and then that one. “I once cleared and paid all my credit card debt. I paid it off and raised my credit score as well as saved money to put down money on my own home,” says Tannika. “So being credit card debt free is possible. The second time around has been difficult but I am determined to break free.” God doesn’t want us to be bound to debt. Pay your credit card bills on time and try to pay more than the minimum. If you must, don’t use your credit card for purchases unless you know you can pay it in full or 80% in full next bill. And assess if it is wise to purchase the item or thing you are trying to buy at that time. 
  4. That leads us to the next one, which should have been first. Seek ye first the Kingdom of God and his righteousness; and all these things shall be added unto you. God doesn’t just disburse you green funds but other gracious gifts like wisdom, favor, His presence (we need those just as much as money). So seek God first! Seek God period. Ask Him for wisdom concerning money and how to manage it. Some people say they even pray and ask God to show them where the discounts and sales are. Get God involved in giving you strategies and wisdom with the monies He gave you to manage, provide for your needs, and be blessed and to bless. He is omniscient and our provider, so trust Him with what He is entrusting you with.
  5. Budget. Create a monthly budget and financial goals. Know what is coming in and going out, and regulate it. Put expectations on your money. Sacrifice things, like cable, you don’t need. Have a grocery list when you walk into the grocery store. And constantly check your budget and make revisions when you have to. Carry cash more or only instead of plastic money (credit cards as well as your debit cards). Have you ever got your items rang up and the price is over what you expected and you may not have it, but you pull out that plastic money. If you have cash, you have no choice but to stay in the confines of your budget. 
  6. Spend wisely. Don’t covet what someone else has. That means to want badly what someone else has. And don’t try to keep up with the Joneses. It leaves you broke, frustrated, and unoriginal. Don’t try to impress everyone and spend money you don’t have. Discipline your flesh also and learn to tell yourself no. You just might not need another dress if you are not wearing the other five you haven’t worn in awhile. At least donate two dresses if you must get that new one. 
  7. Invest your money. Make your money earn money (read previous post about what Shalamaar says about investing) and talk to a professional banker or stockbroker about ways you can invest monies.
  8. Give Back. You were blessed to be a blessing. And yes you are blessed whether you realize it or not. Impact and help others any way God leads you to help, whether it is donating to a cause or giving your time. 
  9. Don’t wear yourself out to get rich. Proverbs 23:4 Do not wear yourself out to get rich; do not trust your own cleverness. Read Proverbs 23:5 and ask someone who has had millions and squandered it, and you will see why. Trust God who is our source to everything. He created us and this whole world. Pursuing riches and obsessively only leads to heartbreak and ruin. 
  10. Obey God. Obey God and do not forget Him when you are blessed and prospering. And yearn to see success the way God does because He views it differently from the world. If you obey the Lord your God: Blessed shall you be in the city, and blessed shall you be in the field. Blessed shall be the fruit of your womb, the fruit of your ground, and the fruit of your livestock, both the increase of your cattle and the issue of your flock. Blessed shall be your basket and your kneading bowl. Blessed shall you be when you come in, and blessed shall you be when you go out…. The Lord will make you abound in prosperity, in the fruit of your womb, in the fruit of your livestock, and in the fruit of your ground in the land that the Lord swore to your ancestors to give you. The Lord will open for you his rich storehouse, the heavens, to give the rain of your land in its season and to bless all your undertakings. (Deut. 28:2-7; 11–12)
  11. Invest in the Kingdom of God. Do you sow into the Kingdom of God with your time, money, and talents and gifts? Bless God’s kingdom with what He blesses you. Esther 4:14b And who knows but that you have come to your royal position for such a time as this?” There is a reason why you have those talents, spiritual gifts, resources. We are to build up the Kingdom and give God glory in all that we do.
  12. Lastly, Pray. Talk with God and listen to Him daily!        photo from Dave Ramsey’s Baby Steps (daveramsey.com)

            http://www.fruitfulandfabulous.com

                Living Life the Fruitful Way 

                                ——————————

        Tell us what you have enjoyed, learned, and will apply to your life after this series.

        Disclaimer

        We, at Fruitful & Fabulous, are not certified financial planners or financial advisors. We do research and reference the sources that we use within our writing. The information provided should not be used as financial advice; it is used to promote financial literacy, financial literacy based from the Bible as well as discussion. The views, some of the experiences, and opinions on this site are that of the authors. Any suggestions or investment advice should be reviewed by a financial professional before acting on them.


        This website will never share your email address or any of your personal information with a third party for any reason. We are excited to encourage financial literacy and health but it is your choice whether or not you use the information provided and at your own risk.

        Advertisements

        Money $eries Week: Holes In Your Pocket

        Sometimes it feels like your money comes only to disappear through some invisible hole in your pocket. Your bank account can’t even get acquainted with your money because it comes in and goes right back out. 

        You are barely getting by. Your funds don’t add up. Bills are due, debt is piling up. You obsess over making your paycheck fit all the bills and then some. You are afraid it will always be like this, living paycheck to paycheck. You have tried loans that you pay back twice as much in interest. You try getting more credit but get denied and rejected. You even tried supplementing your income with a side business you truly love but have no time for and have little success. It feels hopeless sometimes. But God!

        Today’s Scripture:
        Matthew 6:25-34 “Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes? Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? Can any one of you by worrying add a single hour to your life?

        And why do you worry about clothes? See how the flowers of the field grow. They do not labor or spin. Yet I tell you that not even Solomon in all his splendor was dressed like one of these. If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will He not much more clothe you–you of little faith? So do not worry, saying, “What shall we eat?’ Or ‘what shall we drink?’ Or ‘what shall we wear?’ For pagans run after all these things, and your heavenly Father knows that you need them. But seek first His kingdom and His righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”

        Psalm 9:10 Those who know Your name trust in You, for You, Lord, have never forsaken those who seek You. 

        God doesn’t lie, in fact can’t. God doesn’t say something just to say it. He means what He says and wants you to know that you are so valuable to Him and He wants to take care of you. Why not let Him; He created and owns the universe. He is Alpha and Omega, omniscient and omnipresent. Meditate on His Word today and trust that He will do what He said He would. Seek Him and seek Him first!

        Tip: Track and make note of your finances. Know what monies are coming in and know where they are going to. Then eliminate expenses that you can do without or substitute like cable tv. Track your expenses at least once a month and make necessary changes. 

        Prayer: 

        Father, help me to seek first Your Kingdom and Your righteousness. For you are the Great I Am, my maker, my present help in the time of trouble, my deliverer, my heavenly Father. Help me to trust You with my finances. You are the source of everything I need. Lord, I am valuable to You so help me to trust that You will never leave me nor forsake me. In Jesus’ name, amen.

                          ———————————–

                   www.fruitfulandfabulous.com

                     Living Life the Fruitful Way 

        Disclaimer

        We, at Fruitful & Fabulous, are not certified financial planners or financial advisors. We do research and reference the sources that we use within our writing. The information provided should not be used as financial advice; it is used to promote financial literacy, financial literacy based from the Bible as well as discussion. The views, some of the experiences, and opinions on this site are that of the authors. Any suggestions or investment advice should be reviewed by a financial professional before acting on them.


        This website will never share your email address or any of your personal information with a third party for any reason. We are excited to encourage financial literacy and health but it is your choice whether or not you use the information provided and at your own risk.

        The Blazing Furnace

        images

        There are ten lessons I learned from the account of Daniel’s friends thrown into the large, blazing furnace.

        Here are they:

        1. The three young men didn’t do what the masses did. Daniel 3:8-12 says: At this time some astrologers[b] came forward and denounced the Jews. They said to King Nebuchadnezzar, “May the king live forever! Your Majesty has issued a decree that everyone who hears the sound of the horn, flute, zither, lyre, harp, pipe and all kinds of music must fall down and worship the image of gold, and that whoever does not fall down and worship will be thrown into a blazing furnace. But there are some Jews whom you have set over the affairs of the province of Babylon—Shadrach, Meshach and Abednego—who pay no attention to you, Your Majesty. They neither serve your gods nor worship the image of gold you have set up.” They remained loyal to God even under pressure. Pleasing Him was far more important than what others thought, getting in trouble, or losing their lives. They were truly set apart.
        2. The three young men knew they didn’t have to defend themselves. Daniel 3:16-18 says: Shadrach, Meshach and Abednego replied to him, “King Nebuchadnezzar, we do not need to defend ourselves before you in this matter. If we are thrown into the blazing furnace, the God we serve is able to deliver us from it, and he will deliver us[c] from Your Majesty’s hand. But even if he does not, we want you to know, Your Majesty, that we will not serve your gods or worship the image of gold you have set up.” They believed that if they obeyed God, He would take care of them and the end results. 
        3. They knew God would deliver them. Period. Daniel 3:17 says: If we are thrown into the blazing furnace, the God we serve is able to deliver us from it, and he will deliver us[c] from Your Majesty’s hand.
        4. They were willing to obey God no matter the cost. Daniel 3:18 says: But even if he does not, we want you to know, Your Majesty, that we will not serve your gods or worship the image of gold you have set up.”
        5. The world’s attitude of you will change when you disagree or oppose something they think is logical or that feeds their selfish desire. Their love is conditional. Daniel 3:19-20 says: Then Nebuchadnezzar was furious with Shadrach, Meshach and Abednego, and his attitude toward them changed. He ordered the furnace heated seventimes hotter than usual and commanded some of the strongest soldiers in his army to tie up Shadrach, Meshach and Abednego and throw them into the blazing furnace.
        6. There is deliverance in the midst of the fire. Daniel 3:21-25 says: So these men, wearing their robes, trousers, turbans and other clothes, were bound and thrown into the blazing furnace. The king’s command was so urgent and the furnace so hot that the flames of the fire killed the soldiers who took up Shadrach, Meshach and Abednego, and these three men, firmly tied, fell into the blazing furnace. Then King Nebuchadnezzar leaped to his feet in amazement and asked his advisers, “Weren’t there three men that we tied up and threw into the fire? They replied, “Certainly, Your Majesty.” He said, “Look! I see four men walking around in the fire, unbound and unharmed, and the fourth looks like a son of the gods.”
        7. Jesus is right there with you while you’re going through. Daniel 3:25-26 says: He said, “Look! I see four men walking around in the fire, unbound and unharmed, and the fourth looks like a son of the gods.” Nebuchadnezzar then approached the opening of the blazing furnace and shouted, “Shadrach, Meshach and Abednego, servants of the Most High God,come out! Come here!” They didn’t have to fear because the fourth was our Lord and Savior Jesus Christ. Don’t fear, just trust and believe God’s Word. Know that He will never leave you, nor forsake you.
        8. God can bring you out of something and the only evidence you went through will be His glory and your deliverance. Daniel 3:26b-27 says: So Shadrach, Meshach and Abednego came out of the fire, and the satraps, prefects, governors and royal advisers crowded around them. They saw that the fire had not harmed their bodies, nor was a hair of their heads singed; their robes were not scorched, and there was no smell of fire on them.
        9. There’s only one God! Well, I knew that already; however, it must be reiterated! Daniel 3:28-29 says: Then Nebuchadnezzar said, “Praise be to the God of Shadrach, Meshach and Abednego, who has sent his angel and rescued his servants! They trusted in him and defied the king’s command and were willing to give up their lives rather than serve or worship any god except their own God. Therefore I decree that the people of any nation or language who say anything against the God of Shadrach, Meshach and Abednego be cut into pieces and their houses be turned into piles of rubble, for no other god can save in this way.” There is none like Him that can save in the ways He can and the Way He has!
        10. God was with them and delivered them before they stepped into the blazing furnace. Thank You, God, for that revelation. Daniel 3:22-23 says: The king’s command was so urgent and the furnace so hot that the flames of the fire killed the soldiers who took up Shadrach, Meshach and Abednego, and these three men, firmly tied, fell into the blazing furnace. It amazed me that the furnace was so hot that it immediately consumed the soldiers but not the Shadrach, Meshach, and Abednego. Surely God gave them the grace to speak up, carry out their obedience despite persecution, and even withstand the heat and flames of an extremely hot furnace. Jesus was right there with those young men and He will be right there with you. 

        The M.I.A (Most Important Accessory) that a Christian should have in their possession is Their Trust In God. It is something we don’t hang up or sport from time to time, but something we must wear daily, second by second, minute by minute. Trust God enough to step out on the water of seas, go into the lion’s den, or even in the blazing furnace. And if that is too big for your faith, trust God for the small things, first steps, and the faith to walk out on waters of ponds. And keep saturating in His Word and obeying it till your faith becomes bigger and stronger.

        –Tannika 🙂

        Have you had some “blazing furnace” experiences?