Save, Invest for the Future If you want Gods blessing on your finances, you must learn to save and invest for the future. The Bible says a lot about making financial investments. In fact, you can see that Proverbs 21:20 is Gods IQ test! Lets see how smart you are: wise people save for the future, but foolish people spend whatever they get. Would it surprise you to know that in Japan, the average savings is 25% of their income? The average European saves 18%. Yet, last year Americans spent 1% more than they made. Many people in retirement are going to be dirt poor because they didnt start saving early enough; they didnt practice the principle of investing in the future. Now, there is a question you can ask yourself that will help you save more money. Its real simple. When you get ready to buy something ask yourself, Do I really need this? And then be honest enough to tell yourself. For instance, do I really need a new car? Well, I know Id like it. But, do I really need a new car? Do I really need this upgrade? I know Id like it, but do I really need it? A fundamental financial principle is this: when you spend your money, its gone. Yet, when you save your money, your money works for you. The problem with most of us is that we work for our money instead of letting our money working for us. If youll do it Gods way, you can get out of debt and you can be blessed. Proverbs 21:20 NLT The wise have wealth and luxury, but fools spend whatever they get.
Posted on: Sat, 12 Jul 2014 06:27:46 +0000
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