the number one reason for financial pressure…

the bible says we are to spend money wisely.  the scripture says in proverbs 21.5 (niv), the plans of the diligent leads to profit as sure as haste leads to poverty.

he’s talking about planning your money and planning your spending.  we spend 16 years in school learning how to make money but not six weeks learning how to spend it wisely.  it is easier to get into debt than to get out of debt.  buy now, pay later.

the number one reason for financial pressure is not that we don’t make enough money but that we don’t spend it wisely.  the median household income in our zip code is over $75,000.  that’s incredible and there are people who are making incomes in six figures but they’re still under pressure.  it shouldn’t be.  the problem is not that we don’t make enough but we don’t spend it wisely.

now because we do make good incomes in america, it tells me that we’re never going to have enough money unless we know how to spend it.  the more your income goes up it seems your expenses go up.  our yearning capacity always tends to exceed our earning capacity.

how do you spell relief?  b u d g e t.  have a budget.  spending money wisely means having a budget.  what is a budget?  planned spending.  telling your money where you want it to go rather than wondering where it went.  the wise man plans.  the plans of the diligent leads to profit as sure as haste leads to poverty.  the opposite of budget spending is impulse buying. 

that leads to poverty.  i see it, i want it, i’m going to buy it.

just a thought from the front porch…